G/L accounts in Goods Issue

Question

Dear,
can any one tell about the G/L accouts automatic generation .
ie if I do the goods issue ,  how the folowing G/L acoounts are generated automatically.....one for Cost centre , 2 nd one for Production ..and
What is mean by Valuation Modifier or Account Modifier  --use ?
and Which Transaction key to be used...
Thanks
Roshan

Answer 1

Hi Roshan,
Postings are made to G/L accounts automatically in the case of Invoice Verification and Inventory Management transactions relevant to Financial and Cost Accounting.
Example:
Posting lines are created in the following accounts in the case of a goods issue for a cost center:
Stock account
Consumption account
Posting transactions are predefined for those inventory management and invoice verification transactions relevant to accounting. Posting records, which are generalized in the value string, are assigned to each relevant movement type in inventory management and each transaction in invoice verification. These contain keys for the relevant posting transaction (for example, inventory posting and consumption posting) instead of actual G/L account numbers.
You do not have to define these transaction keys, they are determined automatically from the transaction (invoice verification) or the movement type (inventory management). All you have to do is assign the relevant G/L account to each posting transaction.If you need a different account then use the valuation modifier .
regards
kp