Revenue a/c determination

Dear all,
I raised a sales order - Delivery - Billing.
At VF02 when i am trying to pass it to a/cing i am getting an error "Error in in a/c determination"
I checked the revenue a/c analysis at VF02 there i find VPRS and for it A/c key is missing.
I checked my pricing procedure at V/08 there i find for VPRS there is a tick mark against Required.There i changed it to Stastical and again ran a cycle from VA01 to VF01.Then my problem was solved.
I want to know the link between Tick mark for VPRS in pricing procedure to Revenue A/c Determination.How the the controls in pricing procedure are controlling Revenue A/c determination?
Thanks.
Regards,
Aditya.

Hi,
If you set the Field Required, means it will be Mandatory to determine the Price and hence pass the value to Accounting using the Accounting Key.
If the field is statistical, then the value wont be used in calculating the Net value and hence the value is not passed to Accounting and no Accounting Key.
So for Statistical, the value is not passed to the Accounting .
Hope it is clear
regards,
santosh

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Hi All,,
Can any one exmplain me clearly the difference between Revenue Account Determination, Revenue Recognition and Reconciliation Account determination
Regards
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Hi Rajes
REVENUE ACCT. DETERMINATION:
Account Determination
Use
To be able to use revenue recognition, you should select several special general ledger accounts. Choose: Sales and Distribution -> Basic Functions -> Account assignment/Costing -> Revenue Recognition
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Revenue recognition uses revenue account determination. To set up revenue account determination, use transaction VKOA.
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Determining the Deferred Revenue Account
The deferred revenue account is a special general ledger account, used to determine revenue which has been billed but not yet implemented.
The system determines the deferred revenue account for a document item using standard SD account determination. Use the transaction VKOA for this.
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Revenue Recognition Method 1: Sales Basis
This is the method that probably makes the most sense to investors. Under the sales basis method, revenue is recognized at the time of sale (defined as the moment when the title of the goods or services is transferred to the buyer.) The sale can be for cash or credit (i.e., accounts receivable.) This means that revenue is not recognized even if cash is received before the transaction is complete. A magazine publisher, for example, that receives $120 a year for an annual subscription, will only recognize $10 of revenue every month. The reason is simple: if they went out of business, they would have to return a pro-rated portion of the annual subscription price to the customer since it had not yet delivered the merchandise for which it had been paid.
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Using milestones such as number of railway track complete
A construction company is paid $100,000 to build fifty miles of highway. For every mile the company completes, it is going to recognize $2,000 in revenue on its income statement ($100,000 / 50 miles = $2,000 per mile.)
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Using this metric, the construction company would approach revenue recognition by comparing the cost incurred to-date by the estimated total cost. For example: The business expects the same $100,000 of highway to cost it $80,000 in parts, material, labor, etc. At the end of the first month, it has spent $5,000 working on the project. $5,000 is 6.25% of $80,000; therefore, it would multiply the total revenue ($100,000) by the percentage of the cost incurred (6.25%), or $6,250, and recognize this amount as revenue on its income statement.
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Issue solved.
The reason was the SAP Note 1062462.
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Hi gurus,
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Forms define the text format and page layout of documents. You can format them for display on the screen or output to a printer according to the definitions.
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One request, kindly check SDN or google before you post you query on SDN.
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If not, post your feedback, else close the thread.
Thanks & Regards
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Edited by: J Prakash on May 21, 2010 1:08 PM

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hi
while releasing the billing document to accounts we are getting the following error.
documnet *********** saved (error in account determination) message no VF051.
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and the customer also has a reconciliation account in the master data
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Hi,
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Hi,
If the accounting document is not generated there might be couple of reasons.
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want to have separate billing for account >Personal information deleted. To the poster, this is a public forum. You need to call Customer Service at 800-922-0204 to have your request address<
Message was edited by: Verizon Moderator

Hi,
If your requirement is to post IV revenues to diff a/c from regular revenues a/c you would have to proceed as below-
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Hello,
As per my knowledge, the Dest country, Shipping Address & other shipping related data are determine from SH-Ship to party.
Whereas, pricing & shipping condition related data are determines from Sold to Party.
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Hi Friend
Billing document created, but subsequently not able to release to accounting document.
Error messgae: Acct determin error (message# VF051)
Please advise.
Rgds
RG

Dear R G,
Check the v/08 settings. The relevant conditions on the billing documents should be linked to account keys which are mapped in vkoa. It is not only revenue keys that may be affected. Check whether there are other conditions (like rebate, discounts, etc) on your billing documnet, and make sure that they are mapped to the appropriate accounts.
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