Provision account key

Dear Friends,
Please tell me how to Maintain the provision account key for the condition type, I have maintain condition type for ocean/air fright
in pricing procedure, while creating PO iam getting  this message "Condition type JOFP is marked as "provision-relevant". However, the account key for posting provisions is missing in schema ZJIMPO for this condition type."
thanks
ABBAS

Hi,
Check for  condition type JOFP,which account key  & accrual key is there in Pricing procedure ZJIMPO in M/08
Generally FR1 is used for the clearing account, means no accrual is defined for the conditions.FR2 is used for the provisions, means accruals are defined for the condition type. FRE is used only when purchase account management is active. When purchase account management is active, the freight cost is posted to revenue accounts. 
Regards,
Biju K

Similar Messages

  • Provision account key missing for condition type FRA1 in schema ZIMPOR

    Hi,
    While maintaining the condition value in PO, the below message displayed.
    "Provision account key missing for condition type FRA1 in schema ZIMPOR"
    Thanks and regards
    Murugesan

    Go to
    Spro>MM>Pur>Conditions>Define Price Determination Process>Define Calculation Schema
    here select ZIMP and click control data
    in that maintain "Account key" for FRA1 cond type in the Account key Column..
    (Second column from right side)

  • Provision account key missing for condition type ZPFV in schema ZUELOC

    Hi
    We have defined the condition type ZPFV for freight value & mentioning the same while creating po and in past we had prepared so many po by using this.
    we hv not change any thing & today we are getting message " Provision account key missing for condition type ZPFV in schema ZUELOC"
    What to do???????
    Thanks
    Ketan Vala

    hi..
    If the accrual is ticked in condition type in M/06, it should have an account key assigned to the condition type in the pricing procedure in M/08.
    Go to your contion type ZPFV and check whether you have checked Accrual or not..
    then go to ur pricing procedure ZUELOC and check the last two colums for your condito type i.e. Account Key and Accrual Key.
    Maintain these..
    try this if it works.
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  • Provision Account key missing for a conditon type

    dear all,
    pricing procedure is not working properly.. whille doing purchase order the system shows provision account key missing for freight condition type in pricing procedure... please give a solution....
    regards
    deepu

    Hello Deepu,
    Just Check in T.code : M/08 whether account key is maintained for freight condition type in your pricing procedure.
    Specifically check for the freight condition type(s) which is having 'accrual' ticked in M/06 - control data 2.
    If the accrual is ticked in condition type in M/06, it should have an account key assigned to the condition type in the pricing procedure in M/08.
    Check the same and revert back.
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    Gregory Mathews

  • Provision account key missing for condition type FRB1 in schema

    Provision account key missing for condition type FRB1 in schema is the error coming while i enter freight value at PO
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    krishna

    Hi Krishna,
       Go to Pricing procedure using M/08 , here against the Freight condition type ( FB1), enter the accrual key ( ex. FRE)and account key ( ex. FR1 or FR2).
    After saving to the customizing request, again create the PO.
    Thanks & Regards,
    Amjad

  • Accounting Key & Accruals Key in Calculation Schema (Pricing Procedure)

    Hi Freinds,
                   I have a query regarding use of Accounting Key & accruals key in the Calculation Schema (Pricing Procedure).
    What is the significance of Accounting key & accruals key in the calcuation schema?  Which Accounting  & Accruals keys have to be used for Gross price,Discount,Freight, tax etc in the Calculation schema? Please post your precious threads.
    Thanks & Regards
    Saeed Arif

    hi
    AcyKy - Account Key/ Accrls - Accruals:
    for SD module
    u2022     The values of the Sales Revenues, Sales Deductions, Freight Revenues, Tax Revenues, and Rebate Accruals etc. are going to be posted in the respective G/L accounts in Fi Module.
    u2022     In order to do this we assign account keys/ accruals to the different condition types based on their classification. The classification shown below.
    o     ERB Rebate sales deduct.
    o     ERF Freight revenue
    o     ERL Revenue
    o     ERS Sales deductions
    o     ERU Rebate accruals
    u2022     For Ex.,
    o     For all Price condition types like PR00 etc. we assign ERL - Revenue.
    o     For all Discount condition types like K004, K005 etc. we assign ERS - Sales Deductions.
    o     For all Freight condition types KF00 etc. we assign ERF - Freight Revenues.
    o     For all Rebates condition types BO01 to BO05 we assign in Account key ERB - Rebates Sales deductions and for Accruals ERU - Rebate Accruals.
    u2022     This account keys and accruals are in turn assigned to respective G/L accounts. So the system posts respective values in respective G/L accounts in Fi-Co Module.
    u2022     This also one of the areas of SD - Fi Integration. SD consultants assign the account keys and Fi Consultants assign the respective G/L accounts in T.Code:VKOA.
    Similarly for MM Module
    Account keys are EIN, FR1, FR2, FR3, FRE, etc...
    And in OBYC, we do necessary account determination for the same.
    For e.g. Freight Posting in GR
    Condition type FRA1, Accrual FR1 and in OBYC, assign Freight Clearing A/c to FR1
    During GR;
    Stock Account - Dr - 110 INR
    GR/IR Clearing A/c - Cr - 100 INR
    Freight Clearing A/c - Cr - 10 INR
    transaction event key is the Key that identifies different types of G/L account.
    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
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    use
    To enable the system to find the relevant account for provisions (for
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    must assign a transaction/event (internal processing) key to each
    condition type that is relevant to provisions in the step Define
    Calculation Schema.
    if u search on SDN or GOOGLE u will get many threads for this
    hope it helps
    regards
    kunal

  • Reg. Account key Vs accural account in pricing procedure

    dear Friends
    Why we use actkey in procedure instead of accural account, in which case we will use accural account?
    Thanks in advance
    Rajakumar.K

    Hi,
    Accural account key is used when you want to make provision for something, you basically accure the amount in the account
    Whereas account key is used in case of direct posting to perticular account, it is controlled by making specific condition as accrual in
    the condition config in M/06
    Thanks
    Diwakar

  • Rebate processing & assign provision account

    Hi
    When configure rebate processing ,account determination for rebates / assign G/L account / accounting key  step we maintain table like below.
    application/condtype/chartAcc/salsOrg/Actkey/GL acc/provision acc.
    Here I have a doubt.what is the purpose of assign the provision account number
    thanks&regards
    sagar

    Hi Sagar,
    The provision account number is where the rebate amount from the invoices is posted to during the rebate period. It is posted with an approximate percentage as the precise percentage will only be known, when the agreement is settled. At the time of the settlement the actual sales is summed up and depending on the agreement details a percentage is found to calculate the final rebate amount. The credit note for the settlement will clear the provision account for the amount posted during the rebate period.
    best regards
    Michael

  • Posting cheques to provision accounts

    HI
    can anybody help me how to post cheques to the provision account.the scenario is when we reciver the money from customer for bad debts.
    what r the posting keys and document type we can use to process the above
    thanks in advance
    sreeni....

    Hi,
    You can technically enter CO objects (cost centres amongst them), even when posting to BS account. No CO document would be created, but the data will be stored in BSEG tables. A warning message will be issued by SAP.
    Profit centres work with BS and P&L accounts, thus posting profit centre to BS account is a standard operation. Actually, if you have PCA activated, it will be mandatory field.
    Regards,
    Eli

  • Account key & Accrual

    Dear all,
    why both are used against condition type  in the pricing procedure. like for FRA1and other provision condition types.as account key and accrual key are tied to G/L accounts.
    where as only one G/L account is enough to post the amounts.

    Hi,
    Account key is mainly used for Frieghts:
    Account key enables amount to post to certain revenue accounts, for example freight charges. When you add freight related condition types, it will be added to separate G/L accounts, means this will not be added to material price.
    Accruals mean accumulating:
    With addition 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.So from the above it understood that, it will accumulate all rebate related amounts to separate account.
    Regards,
    Biju K

  • Account key GL

    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.

    FREThese transactions are used only if Purchase Account Management is  
    active in the company code.                                         
    Purchase Account Management                                                                               
    In this step, you make the settings for the purchase account.              
           Note                                                                    
           Due to special legal requirements, this function was developed          
           specially for certain countries (Belgium, Spain, Portugal, France,      
           Italy, and Finland).                                                    
           Before you use this function, check whether you need to use it in your  
           country.                                                                
    FR1
    Freight clearing (FR1), provision for freight charges (FR2), customs  
    duty clearing (FR3), provision for customs duty (FR4)                 
    These transactions are used to post delivery costs (incidental        
    procurement costs) in the case of goods receipts against purchase     
    orders and incoming invoices. Which transaction is used for which     
    delivery costs depends on the condition types defined in the purchase 
    order.                                                                
    You can also enter your own transactions for delivery costs in        
    condition types.

  • Postings to provision accounts

    HI
    can anybody help me how to post cheques to the provision account.the scenario is when we reciver the money from customer for bad debts.
    what r the posting keys and document type we can use to process the above
    thanks in advance
    sreeni....

    Hi
    thanks for your reply my requirement is for some customer there were some bad debts which were writeoff and now we got the payment for those writeoffs
    i need to post that payment to provison account
    Thanks
    sreeni...

  • 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,
    Ben

    Hi,
    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
    chandra

    Account 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

  • Difference between account keys FR3 & FR4

    Hi All,
        Can anybody tell me what is the difference between account key FR3 (customs clearing) and FR4(customs provision) in simple terms .
         What I feel is FR3 is for payments which goes to material account and FR4 is cenvatable .
          Correct me if I am wrong .
      Regards
      Abhijit Das

    hi
    actually there is no diffrence  technically but its depend on use ,in std system the use is given as follows
    Freight clearing (FR1),
    provision for freight charges (FR2),
    customs
    duty clearing (FR3),
    provision for customs duty (FR4)
    hope it clears
    regards
    kunal
    award if helpful

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