G/L Account Determination Document for SBO 2007

Question

I would like to find a document (word, excel or pdf) that explains the G/L Account Determination and its accounts. In which documents inside SBO are those account used? I see more accounts used in SBO 2007 and use trial and error to see these but preferred a document. I have seen the empowerment session about account determination but do not explain each of the accounts. Any help ?

Answer 1

Sorry for attaching wrong thread .
Please refer to the following information
g/l Account Determination ---> purchase ---> Expense Account
Define an expense account to be used as the default when a transaction of domestic purchasing is posted, for example, an A/P invoice. The system also selects this account as a default when you create new warehouses, item groups, and item master data records.
The expense account is applicable only when you use non-inventory items.
g/l Account Determination ---> purchase ---> Purchase Credit Account
Define an expense account to be used as default when a credit transaction for purchasing is created, for example, an A/P credit memo.
This account defaults for new warehouses, item groups and item master data records creation.
The purchase credit account can be the same as the Expense Account, in case you do not wish to record credits to a separate account.
Setup g/l Account Determination ---> inventory ---> Expense Clearing Account
Define an offsetting G/L account to clear journal entries created by A/P invoices and goods receipt POs. This G/L account is used in journal entries when the Allocation account is also involved.
Setup g/l Account Determination ---> inventory ---> Goods clearing Account
When you close goods receipt POs or goods returns, this account is used as an offsetting account to the Allocation account. In this case, the system does not register an inventory transaction; however, it creates a journal entry involving this G/L account.
Clearing account: An account to which postings are recorded temporarily because of a time gap between accounting transactions, organizational task distribution, or accounting transactions requiring clarifications.
No matter what kinds of clearing accounts, they will be temparary accounts per se.
Link for Archive Sessions:
http://service.sap.com/~sapidb/011000358700000131752007E/ExpertSessions.htm
And more information ,you can take a look at help file by hitting F1key
Hope this helps.
Bishal