Inventory Accounts

Somebody please help me with this problem. I have a Delivery Document XYZ. How do I find different (COGS and Inventory Account) G/L Accounts corresponding to the Accounting document in SAP Delivery # XYZ? Your help is highly appreciated. Thanks and regards!

Hi,
As per my understanding of your requirement is you want to see the accounting entries after PGI,if this is your issue,go to VL02N click on document flow,click on PGI document,top of the screen you can see display document click on it and the again top screen you can see accounting documents once you click on it you can see the accounting entries for the transaction.
Regards
Ram

Similar Messages

Good Receipt is posted to price variance account instead of Inventory account

Dear All,
My client have a PO with three materials. All those materials have been assigned to same valuation class. Client has posted GR for this PO and one material has been recorded a misbehavior when selecting the accounts. That mean, it has been ignored the inventory account and instead value has been posted to price variance account. So the debit entry in price variance and credit entry in GR/IR.
But other two material has the automatic posting to correct account as Debit to Inventory and Credit to GR/IR.
Could you pls help me to find the reason for this.
Regards
Sujith

Dear Vivek and Dev,
Attached herewith the screenprint of Accounting view of the two material. Material 300000075 has the correct posting while material 300000028 has recorded incorrect posting
1

Inventory account is not defined [Goods Receipt PO - Rows - Warehouse Code

Hai All,
When I copied from PO to GR PO the below said error accord. G/L are set by Item level.
General Setting > Inventory Tab > Set G/L Accounts as : *by item level*
Error:
Inventory account is not defined [Goods Receipt PO - Rows - Warehouse Code][line: 1] , [Message 173-77]
Please provide me a solution.
Regards
Sudarshan

hiii Sudarshan
       if you have set g/l a/c by item then go to
administration-setup-inventory (stock management)-warehouse-(your particular warehouse) -accounting
                assign g/l account ,
                                   hope this helps you
                                                  Good Luck
                                                                 RIYAZ

Inventory account not defined in item code

Hi,
Iam trying to add A/p Credit memo from A/P invoice (Copy to method) and changing Unit price of one item (there 8 items) then it gives error of "Inventory account not defined item code" i check all accounts in Item group and Wh also.i also change item gr.of particular item and update it correct item gr.relogin but still problem occurs so pl suggest me solution.
Regards
Sudhir Pawar.

HI
If ur using purchasing acc.System method u have to define the accounts for purchase acc., purchase offset acc. then ly it will allow to add. Also check the new item group which u have changed now, check whether all acc.s r there r not in that group.
Also Purchase Return acc.
Giri
Edited by: Giri dharan on Aug 18, 2009 11:15 AM

During credit memo processing system is picking inventory account

Hi Experts,
When we do credit memo, wrong posting are coming i.e. vendor a/c is debit and inventory account is credited why inventory account is coming instead of gr/ir account. Stock is available. Please find the attachment of credit memo entries
Regards
Badri

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MIGO - Accounting - Condition type for Mark up posting to Inventory account

Hi All,
We have a requirement for posting intercompany Stock transfer between Company A and B, and the transfer price will be Moving Average Price (say $ 100) + Mark up (say 25% i.e., 25) of supplying plant.
Created a new PO pricing procedure, and created a new Accrual condition type ZMRK for markup and made it statistical posting. Also in the pricing procedure the Condition type we assigned an Account key ZM1 and Accrual Key ZMA. we tried posting the Goods receipts in the receiving Company B, and it is posting the following entry :
Invetory A/C                 DR         125               (note: Account key ZM1 was not considered for debit account for markup)
GR/IR     A/C                          CR      100
Markup Accrual   A/C             CR        25
REQUIREMENT: Our requirement is that the Mark-UP condition should not hit Inventory Account and should be debited to I/C Mark Up account (assigned to Account key ZM1) and entry should be as below:
Inventory A/C           DR         100
Markup A/C            DR           25
GR/IR     A/C                  CR            125 (accrual is not required, if we can include the markup into GR/IR account)
OR
Inventory A/C        DR       100
Markup      A/C        DR         25
GR/IR         A/C               CR       100
Markup Accrual A/C       CR         25
NOTE: The Material is maintained as Moving Average Price and we dont want to add the Mark Up cost into the MAP of the receiving plant.
Please check and let me know if there is a way to do a condition type in PO pricing procedure to solve the issue of not hitting the inventory posting for condition record or any other way to handle this requirement.
Thanks in advance,
Surya

If you dont want the mark up to come in invoice separately, why do you want it to hit a GR / IR account? ( in short why use del cost condition )
If hitting gr / ir is not a requirement and you just need to acrue it, try the following
PB00 to take 100
create 2 conditions one positve and one negative ( accrual, without condition category ) to take the value 10
the + and - will cancel in the inventory account; you can accrue to different accrual accounts

Internal Orders & settlement to Inventory Accounts(G/L Accounts)

Hello
Could anyone share his/her knowledge on the business processes that might be involved in the use of Internal Orders for small projects(minor costs) and then settling it to Inventory Accounts.
My Client uses Internal Orders to capture costs for small projects like Advertising campaign, Claim for warranty, House keeping charges etc.and once after all the charges are captured, they settle the Internal Orders to Inventory Accounts? (which is kind of confusing to me)
I know that Internal Orders are used to capture the costs for small projects but I am confused as to how are those costs settled to Inventory Accounts??
Is it possible to settle those small project costs to Inventory Accounts? If so what would be the business processes or postings that would need to be posted to Internal Orders(Ex: Goods Reciept or Inv Consumption)
I am preparing a Business process design document and I need to document this.
Could anyone please share their knowledge and explain this, It would be really helpful and will be really appreciated. I would be really generous in assigning points.
Thanks for your help!
Sandeep

Hi Ashok,
Thank you for your reply.
The PCE does not have a default account assignment.
The reason for this settlement is because we want to move the charges onto a balance sheet account so they can be cross charged manually. The debits on the internal order are on a secondary CE as they came from an assessment out of a cost center.
The flow should be: CC assessment> IO> G/L
CC assessment to IO happens on a secondary
Debit sits on the IO on a secondary CE
We want the IO to settle to a balance sheet G/L

How To Overcome When User Incorrectly Opened The First Inventory Accounting Period As Next Month

Hi,
User has opened the wrong first inventory account period. Instead of Aug-14, next period Sep-14 has been opened. There are transactions which need to be posted in Aug-14. How can I rectify this?
During my search in oracle support, I found below information but the note is not accessible.
"Internal Note 400900.1 How To Overcome When User Incorrectly Opened The First Inventory Accounting Period As Next Month"
Regards,
Ahmed

Hi ,
Try This Way...
   If you want to use the uesr exit in two places...
      If area = xyz
       variable1
     else
         variable2.
same function module you can use in different places...
If still not clear send me the full details where you want to use then i can send it to you with sample code.
Thanks..
Siri N

Error:Inventory Account Missing in AP Invoice

Hi
I'm using SAP Business One 2007B, While raising A/P Invoice from a GRPO an Item Shows the Error Inventory Account Missing since all of its Accounts are given in all the setup like Warehouse, Item Group, and Everything. Kindly help me

Hi
Please go to the item master data
Note on what base the G/L accounts are set
If they are on base on item group ,
Note the G/L accounts set in that particular item group
If it is on base on warehouse please check the G/L accounts of the warehouse which is selected in GRPO
If it is on base on item level then check in item master data
Please tell me if u still do not find the solution
Also tell me if this problem is with some particular BP ,item ,Warehouse , or it is over all
Thanks
Avtar Singh Saini

How to assign profit center to Inventory accounts

Hi
When ever delivery happens cogs will be debited and inventory will be credited,in that case where i need to assign profit center automatically flown to all inventory accounts,at this movement it is posting to dummy profit center,can any one tell me where to assign these profit centers,i checked OKB9 and inventory accounts also not cost elements,so is there any idea how to solve this problem.
Thanks
Lily

Hi Lily,
Referring to this old mail exchange, please let me know if you have got any solution.
I need to split the accounting entry in MB1A (QA to Unrestricted movement). In the entry Invenroty Dr ,COGS Credit , we need to spit the credit into two GL a/cs.
Please let me know.
Thanks and Regards,
Hemant

Asset and Inventory accounts

Experts,
Is there anyway you can clear these accounts or post to these accounts? - I understand that these are recon accounts and cannot be directly posted to. I am looking for a way to clear these recon accounts like for AR and AP ( Sub Ledger) accounts, we can clear them by vendor/customer # - Is there anyway we can clear these recon accounts i.e for Asset and Inventory. If so, what's the T Code?
All answers would be duly rewarded with points.
Thanks,
Nandita

Nimit,
I was just giving an example of how we can clear AR and AP accounts(F-04 or F-44) - AR and AP accounts have nothing to do with Inventory and Asset accounts in our scenario. So is there anyway we can clear Asset and Inventory accounts in SAP ?
The reason i am saying this is i need to clear the balance of all accounts in a Co Cd using a clearing account - When i am saying all accounts, i am talking about all accounts including sub ledger accounts - AP, AR, Inventory and Sub Ledger.
AP and AR - i can take care of this by using vendor and customer number, as i cannot clear them by their accounts... However how do i do it for asset and inventory accounts ? Is there a way and if so how - tcode?
Thanks,
Nandita

Setting Inventory Accounts for each Item Grops

Hi,
1.I want to set the different Inventory Accounts for each goup in "ItemGrops" In ItemMaster.
how can i set?
2. in ItemMaster-> Inventory tab->Set G/L Accounts by option
when i select the 'ItemLevel' and update it is showing error like
'"Purchase credit account not defined for this item'"
how can i rectify this error.
plz help me asap
Regards,
Nagababu

Nagababu,
You have stated that you are trying to Set GL by Item Group. If you want to set GL by Item Group, I am wondering why you are trying to change the setting in the Item Master area by ....ItemMaster-> Inventory tab->Set G/L Accounts
If you want this setting to be a Global setting for all the Items then you have to set this in Admin > System Initia.. > General Settings > Inventory Tab.... Set G/L Account by
After this... you can set the different G/L Accounts for each Item Group by accessing the Item Groups itself Admin>Seup>Inventory>Item Groups
For each Item Group in the Accounting tab you can set the different GL Accounts relevant to that Item Group
In case for some items you want the GL's to be different (not based on the Item Group they belong to), then you could go to the Item Master > Inventory tab and change the settings to Item Level and Change the G/L as required.
NOTE: You do not have to specify the G/L Account for each Item individually if you are going to be using Item Groups.
Suda

Negative balance in inventory account

Company is setup to not allow negative inventory, but one of my inventory accounts shows a negative balance. Ideas on how this could happen?

Hi Cindy,
Do you read the negative amount from G/L report or from Inventory Audit report? If you manage the item cost per company, not per warehouse, there is a possibility that your inventory amount for certain warehouse will be minus. But, if you manage the item cost per warehouse, shouldn't possible your inventory amount is minus.
Next thing to do is, you should check using query to JDT1 table, and check whether exist a journal entry transaction which post directly to your inventory account. If exist, no wonder if your inventory account is minus, since the journal entry transaction won't update the item cost for particular item. You should consider to amend your sp notification transaction to block such thing happened in the future.
If you need any correction regarding item cost, you should use inventory revaluation module instead of creating a journal entry directly to inventory account. Your G/L and your inventory ledger won't tied up. Hope this can help.
Best Regards,
Hendry Wijaya

"-10 Inventory Account is not defined [RCP1-TaxCode]"

Dear Members,
i have a requirement to copy the purchase creditmemo(customized screen) from Invoice. i am Trying to add Credit Memo via DIAPI.
While adding i am facing an error called "-10 Inventory Account is not defined [RCP1-TaxCode]".Anyone can tell me the root cause for this error.When i do the same through normal b1 process i am not getting this error.

HI
please check u r GL account determination. or check your stock account.
Mohamed

Inventory Accounting periods missing for an ORG

Dear Colleagues
I have setup two new Inv OUs under a New OU which is Set under a New SOB
The first inventory ORG, when I went to inventory Accounting periods, it asks me for the first period to open, hence i opened Apr-11 as thats the first period of fiscal year in Singapore
For the second inventory Org, when I went to inventory accounting periods, it does not ask me for the first period to open. Instead opens the screen and shows
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Nov-11 shows as the 8th period of the fiscal year which is correct and all have status as future.
Now what should I do, I have no idea why this is happening and how to fix this.
If somebody opened the first period(assumption, than it should show that period too right
Any help is highly appreciated
This issue is highly critical, I request you all to give me any inputs plz
Please advise
Thanks
Emm

Gerry Tunggadjaya wrote:
Cost manager works per Inventory Organization, and it will not process any transasctions if even only one line is in an Error status.I jus activated it once and it processes transactions from all orgs, whats the catch here
Therefore, from all of the pending transactions, there should be at least one line in error for each IO.
please run the query below, and find the error code and transaction id:
select * from mtl_material_transactions where costed_flag = 'E'there are four transactions with E in costed_flag
two lines belong to an ORG and other two lines belong to another ORG
and only these two ORGS are having problems with their transactions not being costed..
what to do now

Inventory Accounts

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