Account Key Maintenance in IMG

In Pricing procedure, we have Account keys associated with the condition types. These account keys play a vital role in determining G/L accounts. Now the same association structure between pricing condition types and account key is maintained in Revenue Account Key Assignment part in IMG. My question is why do we have two places in IMG to maintain this pricing condition type and account key association structure ?

Hi
These both are same thing. In SAP apart from this(account key), you may found many settings which can be define at two or more than two places. This is due to different roles in same project. If any FI guy want to see account key settings then instead of check pricing procedure(SD settings), he/she could check revenue account settings.

Similar Messages

  • Account keys

    Hi,
    How to create Account keys in SD pricing procedure, MM pricing procedure,please give guide lines step by step.
    Thanks in advance,
    Prabhakar

    hi,
    SD account Keys
    path : spro - img - sales and distribution - basic function - accounting assignment costing - revenue account determination - Define and assign account keys ( OK11)
    MM account Keys
    fico use Accoun keys T.Code  : OBCN
    this information more heplful u
    regards,
    ramu

  • How to create a account key for application type M ?

    Hi Guys,
    How to create a account key for application type M ? and link the same with
    Gl account.
    thanks.

    Hi
    Please create the account keys or transaction keys in
    SPRO-> IMG-> MM-> Purchasing-> Conditions-> Define Price Determination Process-> Define Transaction/Event Keys
    Thanks & Regards
    Kishore

  • What is account key and where do i define them?

    hello,
    what is account key and where do i define them? which transaction?
    Thanks

    Hai Shilpa,
    1) You can create Account Keys in OBCN t.code this is used for Tax Procedure purpose
    2) Secnond one is the u can create in FI-SD integration purpose
    You define your account keys in this menu option and allocate them to the condition types in the pricing procedures.With the account keys, you group together similar accounts in financial accounting. Using the account key, the SAP System finds the desired G/L accounts.This way you can allocate a separate account key to each condition type within a pricing procedure to implement detailed revenue account determination.For example, you can allocate a freight condition to a freight revenue account, or a surcharge for packaging costs to a corresponding account for packaging revenues.
    u2022ERF freight revenues
    u2022ERL revenues
    u2022ERS sales deductions
    u2022EVV cash settlement
    u2022MWS sales tax
    SPRO u2192 REF IMG u2192 Sales and Distribution u2192 Basic Functions u2192 Account Assignment/Costing  u2192  Revenue Account Determination  u2192 Define and Assign Account Keys
    Regards
    Madhu I
    Edited by: Madhu I on Apr 14, 2009 4:25 PM

  • What is the t.code of accounting key creation in TAX

    hi all
    anybody can tell me what is the t.code of accounting key creation in TAX
    regards
    kalai

    Hi,
    Check out here:
    SPRO-IMG-Sales & Distribution--basic functionsaccount assignment costing-revenue account determination---define and assign account keys.
    Aravind

  • 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

  • Account Key in SD with translate to CO

    Hi,
    I need same help about this problem:
    I generate e new account key in SD for a new condition types and I need to translate that information in CO. For this a create a new value field and in IMG\Controlling\Flows of Actual Values\Transfer of Billing Documents\Assign Value Fields I assigned it to the new condition type.
    After all when I make a bill with the new condition type it not transfer the information to CO.
    It seems to me that something is missing perhaps in the new account key because if a change and assign, for example, ERS (standard account key) to the new condition type all in CO is perfect but the account is wrong.
    I will appreciate someone help me as soon as possible.
    Thanks you all
    Silvina

    Charlie ,
    If I don't want the condition to be an accrual, is there any way to define an account to the condition?
    My issue is that once the condition is an accrual, when I reform a return PO, movent 161, the condition (when defined as accrual) is not revered.
    Thanks,
    Dave

  • Assignment of GL account to the account key

    SAP system is ECC 5.0 and am trying to configure tax for Canada using mutiple tax code to varying G/L accounts. This is done in FI configuration with no problem.
    SD also has assignment of G/L, but doesn't permit assignment by tax code: IMG/Sales and Distribution/ Basic Functions / Account assignment / Revenue account determination/ Assign G/L accounts. Configuration is set up by consultants during go-live, but I'm not clear if this is necessary if the FI is already coded properly. The SD configuration also doesn't allow multiple G/L account assignments for the account key as needed (about 4 different accounts).
    Is the SD configuration still valid in this ECC version? Is it necessary to configure this?
    Thanks,

    Hello Ana
    The config done by FI using T code FTXP (Define Tax Codes for Sales and Purchases) should be adequate.  SD config for Account Assignment is not required.

  • Accrul and Account key in Condition

    Hi Experts,
    I have a specific Requirement, I have created a condition thru M/06 and attached to schema thru M/08. The problem is whenever we use this condition we want that finance entry should be like below mentioned.
    SUBCONT PROCESSING CHARGES DEBIT AND GR/IR CREDIT.
    What accrul and account key I should use in the condition.
    Full Points for helping answer.
    Regards
    GR

    Dear Andra,
    Thanks for the answer, actually in our scenario, when we sent material for subcontracting (suppose plating) vendor charges Sales Tax on 60% Value and Job Work Rate for 40% value.
    (Example Say vendor charges vat / cst on inr 6/- and No Tax or service Tax on Rs 4/- if total agreed price with the vendor is Rs 10/-). Now we have thought to maintain 6/- as basic price in subcontracing info with tax code and Rs 4/- as other condition with out any tax. Now when we have made condition and incorporate in the info. But it is hitting freight clearing/ freight inward account as accrul and account key is made for freight etc.
    Now If you say condition can not be made for GR/IR CR and Sub Proc charges DR, then in what way I should pass the vendor invoice thru MIRO. We don't want to post two miro for one invoice.
    Please help me.
    Regards
    GR

  • Posting rules exist for account key

    Hi ,
    I got the message while creating PO AND WHEN I try to enter Tax code and Tax Jurisdiction i am getting the following error message :
    No posting rules exist for account key
    Message no. FF714
    Diagnosis
    No posting rules have been defined for the account key in the tax table in table T007B.
    Procedure
    Change the tax table, enter an account key already defined for the transaction in question or define the posting rules for a new account key in table T007B.
    can any one give me solution to solve this issue !!!
    Thanks & Regards,
    senthil.

    Hi Senthil
    Based on your explanation I can understand that the Configuration settings for Automatic Account Determination is not done perfectly for the Account Ket vs GL Account. Do cneck this process carefully because here we define the posting rule, posting keys for the determined account key and later assign the same to the GL Account.
    regards
    Murali Kanth Natti

  • Tax code - Account key

    Hi all,
    Each tax code determines one account key. Each account key determine one GL account, right ? Could I define one tax code which can post to many GL accounts ?
    Thank you very much & regards,
    Sylvecast.

    Dear all,
    Thanks for your reply. But what I mean is: Could I assign <b>more than one GL Tax accounts to one tax code</b>.
    By exemple: I have a tax code whose rate is 10%. But there are several cases i post the tax amount to a GL tax account, another case i post this amount to another one. So, i need create two tax codes which have the same tax rate and assign them to 2 tax account depend on my scenario OR <b>just create one tax code and assign it to 2 GL Tax account</b> ?
    Thank you very much,
    Best regards,
    Sylvecast.

  • No Account key in pricing procedure

    Dear All
    I have Free goods item order. In the pricing procedure. There is no Account key mentioned in any of the condition type. This pricing procedure was created long time back, don't know when and by whom.
    Now there is need to create retrun order for Free goods item.
    Now when I am trying create Return order using same pricing procedure, it has asking me G/L accounts while saving sales return order. I have checked all the setting. Pricing for my item category has been set as B - 100% discount. I have copied item category used in the Free goods item order and ticked return in new item category. When I am trying to create retrun order using same pricing procedure.  It is asking for G/L Account while saving the return order. when I check account assignmen. It says account key missing.
    I am not able to understand, how then in the Free goods item order,  it does not prompt for account key.
    Can anybody save me. it si urgent.
    Regards
    Saurabh Gothivrekar

    Hi
    I got answer to my query. YOu need to specify the bill type while defining sales document type. This bill type should not have account assignment mentioned in it.
    I changed the bill type, which does not have Account assignment procedure attached to it.
    It has solved my problem

  • Creation of new account key

    Hi,
    For returnable packaging, I have created Z condition type. As per client requirement, I have created new ACCOUNT KEY
    (TRANSACTION/EVENT KEY), & assinged to this condition type in calculation schema. But system is not picking account, which
    is maintined in this newly created account key ( I have copied this account key from std.) What would be teh problem?
    Please any one can guide me
    Regards,

    Thank for your reply,
    We have used following posting keys,
    40- Debit
    50-credit.
    But still system is not picking respective account. Is there any other setting need to be do in system?
    Regards,

  • 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 determination error for Account key

    Hi Everyone,
    I have maintain one condition manual pricing e.g ZMRG where i m manually putting the margin of sales price
    this condition is only for calculation and i dont want to post it to account. But at the time of bill it is giving me account determination error. In VF02 i check it is showing error due to not assigning the account key for that condition but here i dont want to post that condition to accounts.
    Please suggest me the best possible way.
    Regards
    Shambhu

    Hi,
    You said that the condition is manual.
    Now you saying:
    i maintained the condition for it instead of only text in PP
    Have you got the solution? Then please update.
    Thanks,
    Ravi

Maybe you are looking for