Accounting Key and Accurals
Dear All,
can any one explain the difference between Accounting Key and Accurals in Pricing Procedure
Thanks,
Tiru
Hi:
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.
The accrual keys form part of account determination. These keys are used here to define the posting of the revenue generated to respective account heads& to subsequent assignment to GL accounts and payment to respective parties.
Please let me know if you need more information.
Assign points if useful.
Regards
Sridhar M
Similar Messages
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Account key and Accurals in Domestic Pricing Procedure
Dear all,
Can any one Guide me on Domestic Pricing Procedure.
Please suggest ur valuable inputs on This.
1)What is da use of account Key in Domestic Pricing Procedure ? which account keys need to be maintained for which are all condition types ?
2) When it is required to maintain account keys ( What is da Purpose )?
3)What is da use of accurals in Domestic Pricing Procedure ? which accurals keys need to be maintained for which are all condition types ?
4) When it is required to maintain accural keys ( What is da Purpose )?
Best Regards
Javeed ahamedAs 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). -
Account key and Accrual key Urgent
Hi Friends
Where I can define account keys and accrual key for external service pricing procedure. Need your help ASAP.
Regards
Vivekhi,
Account key:
1. spro --> sales and distribution --> basic functions --> account assignment and costing --> revenue account determination --> define and assign account keys.
2. In the pricing procedure , for that condition type, you will mention that ( if you want to post it into separate G/L account then) you will assign account key and accurals.
hope this may help you,
regards,
Srinivas -
Dear All,
Can any one explain me the Difference between Accouting Key and Accurals
Thanks
TiruThe Accruals will be posted to the G/L account which is maintianed against the account key ERU and the rebate (deduction) will be posted against the G/L account maintianed for accounting key ERB.
Manual Accruals:
Posting accruals manually can be useful in different situations such as: Lump sum payments , Accruals correction.
You can control at which time and for which amount the accruals should be posted.
To post accruals manually:
Select Logistics --> S&D --> Master data -->Agreements --> Rebate agreement -->Change. Enter the number of the rebate agreement or determine the number by selecting a matchcode.
Press ENTER. Goto -->Manual accruals (overview screen)
Enter the accruals to be posted in the field beside each rebate condition record as follows: negative amount: to build accruals, positive amount: to reverse accruals
It is not possible to reverse more accruals than actually exist for a condition record.
Rebate Correction:
Instead of trying to figure out the manual accrual difference, you can also use the correction document. IMG -->SD -->Billing>Rebate processing>Compare Rebate Basis And Correct Accruals. Enter the agreement number, and execute. Instead of doing a manual accrual, just click on the button, which will automatically create a B2 correction document.
PS: Award pts if helps -
Account key and Accural G/L account
Hi,
For a freight condition we have assigned FRE as the account key and FR1 as the accrual. For the both the keys we have assigned GL accounts.
FRE-506000ACCT KEY
FR1 131100ACCRUAL
Postings:
1) AFTER GRN - The accural key gets hit
243000 Material
131100 GR/IR
2) INVOICE also the accural key gets hit
131114 Vendor account
131100 GR/IR
When and in which scenario will the account key get hit?
Secondly, are there any setting required to make sure that the account key GL (506000) gets hit.
Regards,
mahesh.Dear Mahesh,
I guess that the GR / IR account is not getting picked from FR1, but is getting picked from GBB WRX.
For FR, we need to assign account called Freight clearing account. The entries to this account will flow, when the Purchase order has a freight condition and these FRE and FR1 keys are attached to that freight condition.
Assign points if useful
Regards,
Venkatesh -
What is account key and where do i define them?
hello,
what is account key and where do i define them? which transaction?
ThanksHai 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 -
ACCOUN KEYS AND ACCURALS CONFIGURATION
Hi Experts,
Regarding MM pricing procedure, Account key and accruals ,wher we will confispro setting and also G/L accounts maintaince.please explain
Regards
V.RamakrishnaHi,
Go to SPRO > MM > Purchasing > Conditions > Define Price Determination Process > Define Transaction/Event Keys.
Then assign these Transaction/Event Keys (Account Keys & Accrual) to the Condition Types in Calculation Schema in transaction M/08.
Then do Account Determination for the same in OBYC. -
Account Key and Accruals in SD Pricing Procedure
hi all-
I'm looking for a clear explanation about the "account key" and "accruals" fields in the SD pricing procedure:
- what is the difference
- when do you use "account key", when do you use "accruals" (examples are very helpful)
- I see that sometimes there are entries for "account key" and "accruals", what is the meaning and effect for postings
thank,
BenHi,
Please Note the following in Pricing Procedure:
Account Key: It posts the G/L as assigned for Income or expenditure i.e. For Revenues from sales / Income (PR00, EK01 etc) we assign the condition types to u201CERLu201D and for Expense or spot discounts (K005, KA00) etc. we can use u201CERSu201D
As far as Accruals are concerned, they are provisions in accounts to be reimbursed or adjusted at a later stage or at the end of a period I.e. for u201CREBATE-SALESu201D we can use u201CERUu201D. (I.e. Customer rebate - B003 etc.)
Further please use help in SAP and explore, while doing transactions.
Hope the concept is clear
Regards
DSR -
Account key and accruals in pricing
Hi all
what is the difference between account key and accruals.
Regards
chandraAccount 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 -
what is difference between account key and posting key?
Posting key actually defines which side of an Account either Debit or Credit & suggests to which Account it (Posting key) will posted.
Some of the standard Posting Keys are -
40 G/L Debit Posting
50 G/L Credit Posting
01 Customer Invoice
Account key is related to the Condition Type i.e. Price , Freight , Taxes , Discount. If you want to post the relevant value in different G/L Account then use different Account key & assign with G/L account in VKOA.
Best Regards,
Ankur -
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?
ThanksHi,
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 -
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 PMHi,
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. -
Sales account keys and posting keys
Dear Experts
I have a query that when i assign the g/l account in VKOA system determines that based on the account key into which G/L the posting needs to be done.Also based on the posting key it determines whether to debit / credit that g/l.
My question is that how the system recognises to whether debit/credit the value (in the G/L) it is bringing along with the account key .
Also where can i see that how this posting key is assigned to the account key in which the debit / credit configuration is done.
regards
sanjeevMy question is that how the system recognises
to whether debit/credit the value
Answer to this question is your Pricing Procedure where for each and every condition type, you would be assigning various Account Keys. In V/06, you define whether the condition type should be posted with positive or negative value against the field "Plus/minus". In VKOA for that Account Key you are assigning G/L Accounts. Thus a value is being posted with Plus / Minus values in FI.
thanks
G. Lakshmipathi -
Accural and Account Key with G/L Account
Dear Gurus,
I have confiquered new pricing schema for my client.In that i used Accounting key and Accurals.But those are not posting the amount in GL accounts.
Any Setting Missed??
Plz give some suggestions..............
thx in advance...........Hi,
What for you are using condition type MWVS? Just check & cross check the real requirement and usage of condition type MWVS in MM schema.
May be you are using condition type MWVS for entering Input tax manually, if yes so, then Manual entries field in u2018Changes which can be made u2018segment and do it as C{Manual entry has priority}
Or ,If Manual entries field in u2018Changes which can be made u2018segment is D Not possible to process ,then have access sequence OR see the condition category, if it is D, then see where the tax need to pick up. Check Control data-2 for condition type MWVS and see the fields of Exclusion & Pricing date which make the differences. Just design MM schema with condition types by giving proper input to system to get expected result.
NOTE:
Your thread on "posting to G/L account" is already answered. If you have further any issue, start a new thread. Check & Read Forum Rules :
https://wiki.sdn.sap.com/wiki/display/HOME/RulesofEngagement
Regards,
Biju K -
Hi,
I want to know differnece between accurals and account key.
Suppose for particular condition if i will have both then what will be impact..
At the time of GRn which key is coouring meand accural or accoun key.
Thx . in advance.
regards,
Rajendra D. Sawant.As I have told before that this both comes in play when u have delivery cost in PO
so when u do GR or MIRO this both keys for delivery condition type get activited
both this key are used to determine GL account for automatic determination and the setting is done in OBYC
Accurals come in to action only if u have activated purchase accounting for your company code keys used are EIN, EKG and FRE
Account key comes in action for posting freight accounts (delivery cost) for normal inventory valuation.
SO say u have activated purchase accounting for ur company code
and ur po value is
base price 1000
Freight cost 100 having FRE in Accural and FR1 in Account key
and in OBYC u have assigned GL to EIN, EKG FRE and FRI
when u post GR
BSX 1100 +
WRX 1000 -
FR1 100 -
EIN 1100+
EKG 1000-
FRE 100 -
and in MIRO
Vendor 1100 -
WRX 1000 +
FR1 100 +
EIN 1100-
EKG 1000+
FRE 100 +
Accurals EIN, EKG and FRE
are only used if purchasing accounting is activated , and is u to just get the total purchases
hope now its clear
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