Account key & Accrual

Dear all,
why both are used against condition type in the pricing procedure. like for FRA1and other provision condition types.as account key and accrual key are tied to G/L accounts.
where as only one G/L account is enough to post the amounts.

Hi,
Account key is mainly used for Frieghts:
Account key enables amount to post to certain revenue accounts, for example freight charges. When you add freight related condition types, it will be added to separate G/L accounts, means this will not be added to material price.
Accruals mean accumulating:
With addition of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.So from the above it understood that, it will accumulate all rebate related amounts to separate account.
Regards,
Biju K

Similar Messages

Accounting Key & Accruals Key in Calculation Schema (Pricing Procedure)

Hi Freinds,
               I have a query regarding use of Accounting Key & accruals key in the Calculation Schema (Pricing Procedure).
What is the significance of Accounting key & accruals key in the calcuation schema? Which Accounting & Accruals keys have to be used for Gross price,Discount,Freight, tax etc in the Calculation schema? Please post your precious threads.
Thanks & Regards
Saeed Arif

hi
AcyKy - Account Key/ Accrls - Accruals:
for SD module
u2022     The values of the Sales Revenues, Sales Deductions, Freight Revenues, Tax Revenues, and Rebate Accruals etc. are going to be posted in the respective G/L accounts in Fi Module.
u2022     In order to do this we assign account keys/ accruals to the different condition types based on their classification. The classification shown below.
o     ERB Rebate sales deduct.
o     ERF Freight revenue
o     ERL Revenue
o     ERS Sales deductions
o     ERU Rebate accruals
u2022     For Ex.,
o     For all Price condition types like PR00 etc. we assign ERL - Revenue.
o     For all Discount condition types like K004, K005 etc. we assign ERS - Sales Deductions.
o     For all Freight condition types KF00 etc. we assign ERF - Freight Revenues.
o     For all Rebates condition types BO01 to BO05 we assign in Account key ERB - Rebates Sales deductions and for Accruals ERU - Rebate Accruals.
u2022     This account keys and accruals are in turn assigned to respective G/L accounts. So the system posts respective values in respective G/L accounts in Fi-Co Module.
u2022     This also one of the areas of SD - Fi Integration. SD consultants assign the account keys and Fi Consultants assign the respective G/L accounts in T.Code:VKOA.
Similarly for MM Module
Account keys are EIN, FR1, FR2, FR3, FRE, etc...
And in OBYC, we do necessary account determination for the same.
For e.g. Freight Posting in GR
Condition type FRA1, Accrual FR1 and in OBYC, assign Freight Clearing A/c to FR1
During GR;
Stock Account - Dr - 110 INR
GR/IR Clearing A/c - Cr - 100 INR
Freight Clearing A/c - Cr - 10 INR
transaction event key is the Key that identifies different types of G/L account.
The account key enables the system to post amounts to certain types of
revenue account. For example, the system can post freight charges
(generated by the freight pricing condition) to the relevant freight
revenue account.
use
To enable the system to find the relevant account for provisions (for
accrued delivery costs or miscellaneous provisions, for example), you
must assign a transaction/event (internal processing) key to each
condition type that is relevant to provisions in the step Define
Calculation Schema.
if u search on SDN or GOOGLE u will get many threads for this
hope it helps
regards
kunal

Account key - accruals

Hi,
Can anyone let me know the path/T-code for creating Account key - accruals.
Regards
Merwyn

hi,
check OBCN...
Account key is mainly used for Frieghts.
Account key enables amount to post to certain revenue accounts, for example freight charges. When you add freight related condition types, it will be added to separate G/L accounts, means this will not be added to material price.
Accruals mean accumulating.
With the aid of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.
Regards,
Hope it helps..
Regards
Priyanka.P
AWARD IF HELPFULL

Account Key & Accruals in Pricing Procedure

Hi,
When i Maintianed both account key and accruals in my pricing procedure, system is taking the transaction key mentioned for accruals. And when i maintained without account key also system is picking the transaction key from accruals.
When i maintianed only account key & i deleted accrual, then posting is not happening to seperate account.
What is the purpose of Account key & how it differ from accrual.
Regards,
Prabu

Hi Priyanka,
thanks for your reply again, could you please clarify further,
For frieght i maintianed FR1 for account key and FRE for accrual, after goods receipt when i check the accounting document, posting happened to the accout that i mentioned for accrual (i.e FRE).
Stock account 510 +
GR/IR 500-
Frieght Account : 10- (this is the account i mentioned for FRE)
Now where can i see the postings for account key.
Regards,
Prabu

Accrual Account Key change for Condition type

We have different Condition types assigned to Account Keys
Example:
     Condit Type Account Key Accrual
       FMA1               ZPP               ZP2
       FMA2               ZPP               ZP2
       FMA3               ZPP               ZP2
I need to change GL account for FMA2 Condition type. I only need to change for accruals on FMA2. Please let me know how I can do it in "Prepare Revenue Accounts and change GL in VKOA.
Your help is appreciated. Let me know if need any further information.
Thanks
Jaggi

hi..
If the accrual is ticked in condition type in M/06, it should have an account key assigned to the condition type in the pricing procedure in M/08.
Go to your contion type ZPFV and check whether you have checked Accrual or not..
then go to ur pricing procedure ZUELOC and check the last two colums for your condito type i.e. Account Key and Accrual Key.
Maintain these..
try this if it works.
Thanks...

Account key and accruals in pricing

Hi all
what is the difference between account key and accruals.
Regards
chandra

Account key
Key that identifies different types of G/L account.
Use
The account key enables the system to post amounts to certain types of revenue account. For example, the system can post freight charges (generated by the freight pricing condition) to the relevant freight revenue account.
Account key - accruals / provisions
Key which identifies various types of G/L accounts for accruals or provisions.
Use
With the aid of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.
regards,
indranil

Procedure account key and accrual

Dear all,
1 What is the difference for account key and accrual in procedure M/08.
2 I maintain both FR1 at account key and FR3 at accrual. During GR, I only see gl account for FR3 showing. Why not FR1 at account key?
3 I see most of the condition with both account key and accrual also enter the transaction code. if system only picks 1, why need to maintain both?
Thanks

Hi,
Account Key enables the system to post amounts to certain types of Revenue account(Frieght & Custom)
With the help of account key ,the accrual key can post amounts to certain types of accruals accounts in the system.
Check related condition type in M/06 & see the Cond.category linked.
Also see the (account key / accrual key) which will have the transaction event key and will store the Purchasing documents value in posting that links( which one linked so you have posting) in OBYC setting
Regards,
Biju K

DIFFERNCE BETWEEN ACCOUNT KEY & ACCURALS IN MM PRICING

Hello,
Please explain the difference between Account key & accruals in MM pricing procedure. In which situation account key will be used & accruals will be used & what is the impact.
Thanks & regards
Varun Bisaria
Edited by: Csaba Szommer on Jun 22, 2011 8:32 AM

As Suggested by you similar to Frieght can we meet the Following below requirements
a) Does can we have an account key and accrual key for Discounts Which can be capture on MIRO? Does it add on material Cost ?
b) Does can we have an account key and accrual key for Packing and Farwarding which can be capture in MIRO ? Does it add on material Cost ?
c) Does can we have an account key and accrual key for Octroi ? Which can be capture on MIRO? Does it add on material Cost ?
Waiting for your Valuavle Suggestion.
Yes u can have the accounting key and accurak key for all those conditions in which u have marked the accurak key in condition ( M/06).
ALL the costs will be inventoried during whether u use accuarl and accounting or not. they are just use to flow the cost to different gls.
The acconting entries will be
during gr
Inventory account +ve 100 rs
GR/IR account          -ve    80 rs
purchase account   +ve    80 rs ( in obyc key EIN)
Frieght account       +ve    20 rs ( in gl defined in accounting key)
fright clearing account -ve 20 rs ( in gl defined in accural key)
Purchasing offset account -ve 100 rs( in obyc defined in purchaisng offset account).

Provision account key

Dear Friends,
Please tell me how to Maintain the provision account key for the condition type, I have maintain condition type for ocean/air fright
in pricing procedure, while creating PO iam getting this message "Condition type JOFP is marked as "provision-relevant". However, the account key for posting provisions is missing in schema ZJIMPO for this condition type."
thanks
ABBAS

Hi,
Check for condition type JOFP,which account key & accrual key is there in Pricing procedure ZJIMPO in M/08
Generally FR1 is used for the clearing account, means no accrual is defined for the conditions.FR2 is used for the provisions, means accruals are defined for the condition type. FRE is used only when purchase account management is active. When purchase account management is active, the freight cost is posted to revenue accounts.
Regards,
Biju K

Pricing- Accounting key and accruals effect

Dear Friend,
I am having Import pricing procedure , there are total 100 condition types . This is made by earlier consultant. Now my client wants that he will put data in only few condition type.
But my question is that most of the conditions are there where account key is assigned and accruals is assigned. though i am not putting data in conditions . will it make any effect on accounting.???
Regards,
Mahesh.
Edited by: mahesh A on Aug 10, 2011 6:49 PM

Hi,
No it does not effect.If you are not using.
Accruals means which accumulates over a time period. For statistical analysis of certain condition type like freight we maintain it as accrual in control data of the condition type in M/08 in pricing procedure. As soon as we mark it as accrual it is posted to an account for statistical analysis and not loaded on material account for that we set a transaction/event key and assign account in OBYC settings.Account Keys are used only when you activate the purcahse account for your company code.

Accounting and Accrual keys in MM pricing

Hi,
Why there were no Accounting and Accrual keys maintained for Condition types PB00 and PBXX in standard Pricing schema?
And why they assigned to only freight related condition types?
Basically what is the funda to assign both the Accounting and Accrual keys to any condition type?
Thanks
Anbu

Hi,
Account key
Account key is mainly used for Frieghts.Account key enables amount to post to certain revenue accounts, for example freight charges. When you add freight related condition types, it will be added to separate G/L accounts, means this will not be added to material price.
Accruals key:
Accruals mean accumulating,with the addition of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.
Vishal...

Pricing Procedure - Account Key & Accrls - Accruals configuration

Hi guys ,
I have question about these two config settigs for pricing procedure.
1 AccKey - Account Key
2 Accruals
Standard system has some GL accounts, such as ERB,ERF,ERL,etc .
If we need to have specific GL accounts for example, vendor discount,fuel surcharge we need to cofigure them and add them in pricing procedure.
I was wondering , who would be the functional group to configure those GL accounts, FICO or SD ?
Where can see the config of GL accounts ?
Thanks
Dona

Hi Done,
As per my under stand ERL, ERF and ERS are account keys not G/L accounts.
These account keys are assigned to particular G/L accounts so that integration will happend between SD and FI.
U can define ur own account keys as per client requirement. This account keys are defined by SD cunsultants.
menu path for define account keys:IMG- sales and Distribution- basic function- pricing - account assignment and costing- revenue account determination and difine and assign account key.
here u can define and assign account keys.
Hope this will helps u.
Thanks & Regards
Sasikanth.Ch

MM Pricing: Account and Accrual Keys

Hi !
In a calculation schema we can assign Account Keys and Accrual Keys to condition types.
I am noticing that if I assign a Accrual Key, the Account Key is ignored.
Is this a correct observation?
If I assign a Accrual Key do I have to leave Account Key blank?
Under what circumstances, if any, would it make sense to assign both Accrual Key and Account Key to a condition type in a calc schema?
If someone can clarify my confusion, I will appreciate it.
Thanks,
Anisha.

Anisha,
Please note accural key are in action when "Purchase account Managment "is active for your company code .So please check Purchase account active or not (IMG-MM-Valuation and account assignment-Account determination-Acc.dete.without whizard-Purchase account management --activate purchase acc management in company code).note that puchase acc is used in following country only...Belgium,spain,portugal,france italy,finland....
Use of accurals---With the aid of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.
Regards
Sachin

Accrual and account key

HI
Can i keep account key and accrual same
Vinz

Hi
I think you are asking about the account key and Accrual key in Pricing Procedure
Any condition type which is not statistical in Pricing Procedure the value has to hit to accounts
For this account key is given in Pricing Procedure and the same is linked in VKOA with GL accounts (first account)
In case of rebates the accurals needs to be captured in separate GL account and hence Accrual key is maintained only for Rebate condition types and the same is captured in VKOA with provisional account (second account)
In standard for rebate conditon types ERB is used as account key and ERU is used as accural key
Can i keep account key and accrual same
Yes you can keep both as ERB or ERU (or both as ERJ or any key)
System will not get confused
Because Accurals ( the 16 th column in PP) the second provisional account is taken and for accounts ( the 15 th column in PP) first GL is taken in VKOA
But we will get confused
Hence it is better to keep as different keys
Regards
Raja

Accrual and account keys in pricing schema

Hi,
1.Can anyone explain the difference between accrual and account key ?
2.Whether for freight condition type (FRA1) , mandatorily we should put Accrual as FR1 and account key as FRE.?
3.Suppose I have customs also and I want to put the cost of both (custom and freight ) in one account , then whether I can put the account key FRE for both condition type or accrual I should put same ?
pls explain.
regards,

1.Can anyone explain the difference between accrual and account key ?
The account key enables the system to post amounts to certain types of
revenue account. For example, the system can post freight charges
(generated by the freight pricing condition) to the relevant freight
revenue account.
With the aid of the account key, the system can post amounts to certain
types of accruals accounts. For example, rebate accruals which are
calculated from pricing conditions can be posted to the corresponding
account for rebate accruals.
2.Whether for freight condition type (FRA1) , mandatorily we should put Accrual as FR1 and account key as FRE.?
Yes you have to have the both the key to for that but you can defin your own also...the reason you have to have that because with the accrual you can post the freight to particular account
3.Suppose I have customs also and I want to put the cost of both (custom and freight ) in one account , then whether I can put the account key FRE for both condition type or accrual I should put same ?
in this case use same account and accrual key.
If you dont define the condition as accrual then the tax is applicable on it and you can't post to particular account

Account key & Accrual

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