P2P - Accrual Account transactions - Match

Hi Guru's,
In P2P cycles..as you know..
On GRN
Dr Material A/C
Cr Payables Accrual Account
On Payables - Invoice Entry and Match PO
Dr Payable Accrual Account
Cr Ap Control Account
Our problem is..business didnt track GRN JV's for 5/6 yrs..only setp 2 is tracked i.e On payables entry is happening..some how they are cooking the data.
Now they realised the issue and wanted to have a mechanism to determine the matching JV's.
Appreciate any help/thoughts on this.
Rgds,Radha.

This happend to me to---kept getting msg that info did not match bank records and I tried a few times then gave up THEN checked bank account and they charged me SIX TIMES
of course, you cannot even call them or email...its frustrating..I reported a problem under the songs bought but I have spent over half an hour on this trying to call etc....this is nuts

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Entering a PO for Asset and Accrual accounts

Hi,
We need to enter purchase order for an Asset & Accrual accounts which do not belong to either a cost center, nor a
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Any suggestions on this issue would be helpful.
Thanks

For accruals, you make an accrual entry which would Debit expense / Credit Liability,
and then the following month that entry will reverse. These are usually set up as automatic reversing entries. Then
when the AP invoice is processed, it will be coded to the expense account which is a Debit to Expense and Credit to
Vendor, but since there will be an accrual reversal posted in the same account they will offset and if equal, net out to
zero, if the amounts differ, then that difference hits the P/L at that point. It is clean and efficient. You don't have to
review the accrual account to match up payments against accruals, etc.
We cannot directly post to the Fixed Assets Balance Sheet Accounts. The PO would need to be
coded directly to an Asset number, or to an internal order that would settled to the Fixed Asset system. The best
practice SAP offers for capital expenditures is to use internal order for all purchases. The amounts post to the order,
and are then settled to the balance sheet sytematically. This give you better reporting capabilites on your capital
expenditures, and also makes the process run more efficiently.
This is what I found in one of the other forums.

Creation of transaction and AP accrual account

Hi Everybody,
I need to do the following:
Enter some transactions in some organization, then need do another GL transfer, and run the AP Accural Reconcilation Report .
Actual problem to check is AP accrual account which is currently 00000-00000 for oraganization ABC, but when i change the AP accural account in inventory setup it should show on report.
Change is as:
Inventory -> setup -> organizations -> parameters -> other accounts -> inventory AP accrual to new value.
Need to transfer AP and Inventory modules to GL and then ran the AP accrual report and picked one item say AB10003. The AP accrual account should be new value.
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ii) How to transferr Ap and Inventory to GL.
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Accrual account,Variance Account is invalid while PO Requsition Import.

Hi Gurus,
We are working on "How to set up Outside processing - Procure to use in WIP for Standard Costing" concept.While Perform a WIP Move Transaction to the OSP Step we are getting the follwoing errors
Accrual account is invalid
Cause: The accrual account that you entered or that was derived is invalid.
Action: Enter a valid accrual account.
Variance account is invalid
Cause: The variance account that you entered or that was derived is invalid.
Action: Enter a valid variance account.
When we checked the "PO_REQUISITIONS_INTERFACE_ALL" table ,there is Null value for "variance_account_id","Accrual_account_id" columns.
We checked the account setups in the "Inventory" level for "Accrual account" and "Variance Account",everything is fine.
Please provide me solution for resolving this issue.
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SR.

I think the value you are passed for ACCRUAL_ACCOUNT_ID and VARIANCE_ACCOUNT_ID are Invalid.
Please check
SELECT * FROM GL_CODE_COMBINATIONS WHERE CODE_COMBINATION_ID = < value of Accrual A/c id >
Record should exists in GL_CODE_COMBINATIONS table.

Cash vs Accrual Accounting method

Hi,
Looking for documents related to accounting entries and accounting events for Cash accounting method. What will be the accounting impact if you use cash basis or Accrual accounting method.
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Cash Accounting is for small business and based that the income/expense is accounted after the payment of the transactions.
This is a special legal regulary for some business in different countries (e.g. in Germany if the revenue < 500.000,00 Euro)
Normal Oracle customer must be used Accrual method.
Good information are here: http://www.nolo.com/legal-encyclopedia/article-29513.html
Dirk

Accrual Accounting Method in MM module

Hello, experts.
We have to implement Accrual Accounting Method in our company, showing displaying forecast amounts on G/L accounts due to liabilities appearing in current period, however we have not yet any goods and invoice received. It is implied that for proper reflection of sums on accounts, preliminary posting of documents in MM, including GR, IR, GI, Transfer, using forecast data (e.g. quantity and amount) should be run for proper closing of period. After we received actual data, these documents should be cancelled, and new ones have to be posted using actual data in next period.
For instance, in our case we deal with gas. We have not yet received it on our stock location, and not yet received an invoice. However, we already have to display appropriate sums on GR/IR account, materials account, and vendoru2019s account, using forecast data. Further movement of material is expected as well, consecutive transfer, goods issue, sales. And all this should be reflected in FI module. After we received actual material and actual invoice, all previous action should be rolled back and documents should be posted properly, considering further movements as well.
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What would you advise in order to fulfill this? Maybe there are standard tools to use. If so, could you please give us as much information on this as possible?
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Set the condition type as 'Accrual' relevant for the respective pricing procedures (MM & SD). Then in the pricing procedure, define an account key in the accrual column and then define a GL account for the Accrual account key in the Account determination.
The transactions will be posted to Accrual accounts and then transfered to actual account when the event realizes. Speak to your MM and SD consultants on this.
Ravi.

Doc Splitting in Accrual Account

Hi there,
Document splitting won't work for the entries below,
Debit: Expenses     cost center A/profit center A       100
Debit: Expenses     cost center B/profit center B       100
Credit: Accrual                                                        200
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Thank you.

Dear MS CINCAU,
In the following node,
SPRO > Financial Accounting (New) > General Ledger Accounting (New) > Business Transactions > Document Splitting > Classify G/L Accounts for Document Splitting
Check, what is the category that has been assigned to the Accrual account. This should be 01000
Also check if in the following node
SPRO > Financial Accounting (New) > General Ledger Accounting (New) > Business Transactions > Document Splitting > Classify Document Types for Document Splitting
Whether the document type which you are using to post this accrual document is given the Business Transaction 0000 and the variant used is 0001.
In case both are there, then please give what is the document splitting method used in
SPRO > Financial Accounting (New) > General Ledger Accounting (New) > Business Transactions > Document Splitting >Activate Document Splitting
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Venkatesh
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FBCJ Error - Enter a vendor for this accounting transaction

Dear Experts,
I am trying to enter expenses and I have mentioned Vendor Account No. in the Vendor field using splitting option with combination of Vendor Pay/Rec and All Expenses Business Transaction. But the document is not getting posted and giving the error - "Enter a vendor for this accounting transaction". But if I dont use split option it saves.
This problem I am facing for the last 2 days only. Can you suggest what could be the reason for this error.
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Deb

Dear !!!
I have done everything as you suggested, but it is still showing the same message. Can you please look in to this again.
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PO Creation with accrual account assignment

We have a scenario with Insurances and Software Licences fee, since the amount is quite high, the actual quaterly fee is
accrued every month to smoothen the effect in the books.
When we create PO, is it possible to assigin accrual account (instead of the usual expense code) in the account assignment column? So that, during the Goods receipt the accrual account will be reversed. This accrual account would be a balance open item managed account.
We developed the scenario through finance using a recurring entry document that automatically posts the desired values every month, but we need to make it through MM since the original invoice for the insurance or for the software must be entered through a Purchase Order.
Thanks in advance
Edited by: E.Barreda on Sep 7, 2009 11:24 PM

Hi,
Even if u make mandatory the io number in PO.
You cannot settle the asssts to that IO and budget control also not possible.
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Idoc-51:Accounting transaction not permitted for posting in FI/CO

Hi,
Message type FIDCC2
Basic type FIDCCP02
Process code FID2
When i try to post for F-02, through WE19, above idoc, it is showing the 51 error: Accounting transaction not permitted for posting in FI/CO
I'm using the following fields:
E1FIKPF : FI Document Header (BKPF)
BUKRS : Name of global company code
GJAHR : Fiscal Year
BLART : Document Type
BLDAT : Document Date in Document
BUDAT : Posting Date in the Document
MONAT : Fiscal Period
TCODE : Transaction Code
WAERS : Currency Key
HWAER : Local Currency
E1FISEG : FI Document Item (BSEG) -1
BUZEI : Number of Line Item Within Accounting Document
BSCHL : Posting Key - 40
DMBTR : Amount in Local Currency
KOSTL : Cost Center
HKONT : General Ledger Account
WERKS : Site
E1FISEG : FI Document Item (BSEG) -2
BUZEI : Number of Line Item Within Accounting Document
BSCHL : Posting Key - 50
DMBTR : Amount in Local Currency
HKONT : General Ledger Account
WERKS : Site
Pls guide in fixing this.
rgds,
balu

Hi
What is the solution , please let us know ? since we have faced the same error.
Regards
Bhavana

Accounting transaction not permitted for posting in FI/CO

Hi,
For inbound idoc triggering,
Message type FIDCC2
Basic type FIDCCP02
Process code FID2
When i try to post for F-02(or FB01), through WE19, above idoc, it is showing the 51 error: Accounting transaction not permitted for posting in FI/CO
I'm using the following fields:
E1FIKPF : FI Document Header (BKPF)
BUKRS : Name of global company code
GJAHR : Fiscal Year
BLART : Document Type - SA
BLDAT : Document Date in Document
BUDAT : Posting Date in the Document
MONAT : Fiscal Period - 05
TCODE : Transaction Code - FB01
WAERS : Currency Key
HWAER : Local Currency
GLVOR : Business Transaction - RFBU
E1FISEG : FI Document Item (BSEG) -1
BUZEI : Number of Line Item Within Accounting Document
BSCHL : Posting Key - 40
DMBTR : Amount in Local Currency
KOSTL : Cost Center
HKONT : General Ledger Account
WERKS : Site
E1FISEG : FI Document Item (BSEG) -2
BUZEI : Number of Line Item Within Accounting Document
BSCHL : Posting Key - 50
DMBTR : Amount in Local Currency
HKONT : General Ledger Account
WERKS : Site
For which fields u've triggered successfully, pls help in resolving the same.
rgds,
balu

Hi,
i appreciate for your quick reply...
i've applied the code corrections in the FM FI_IDOC_PREPARE , but still same error coming.
tnx n rgds,
balu

Muliple Inventory AP Accrual Accounts??

Hi ALL,
I need to know is it possible to have multiple Inventory AP Accrual Accounts??
Pls This is urgent.
Thanks,
MPH

Hi,
No, it is not possible to have multiple Inventory Ap accrual A/C (Inv org parameter level). The 2nd AP accrual A/C is of expense type and is set at Purchasing options level (Receipt Accounting tab).
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How to fix rebate accrual accounts not clearing when rebate paid?

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what config. I should be making and where? Thanks.

Hi Cathy
in pricing procedure check these settings "7 in Sub total Key" , "23/24 in requirement " and "ERB for account key" , & " ERU for accrual psotings".
may be if these settings are maintained fine it should work ,
Cheers

P2P - Accrual Account transactions - Match

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