Revenue accounts for we need to create cost centere?
Hi
For sales revenue gl account we have to create cost center ?
while posting to that gl it is asking CO Object. we dont have profit center accounting.
Hi,
For sales account we will not create a cost center.Check the FSG associated with the GL account in OBC4 and FS00 t.codes(in fs00 u will find the FSG).
Thanks
Aravind
Assign points if useful
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Why we use different clearing account for GR/IR and planned cost clearing accounts?Dear friend.
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is there any possibility to manage different revenue accounts for material with different valuation types?
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Suresh.This is the forum for Oracle's SQL Developer tool, not for general SQL and PL/SQL questions.
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Probs during creating cost centers
Hi CO Gurus,
today i have 2 questions:
1. I m creating cost centers in my ides system. i ask me to run V8J: Maintain Cost Center Hierarchy first. can anyone tell me when should i run this.
2. when i creating cost centers using ks01, it reports Controlling area XXXX does not have a standard hierarchy (please assign one).
3. when i was creating the standard hierarchy, it said You have not yet created a cost center standard hierarchy for COAr IDCN
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samsonFor creation Cost Center, Creating of controlling area in OKKP and creation of noranges for Controlling docs under Groups In KANK is required. But whenever you require assign Profit center to Cost Center then only you can create Profit center group under Hierar key under KCH1 later create profit Center in KE51 and assign it in Cost Center.But it is not mandatory to create Cost center. while creating cost center it gives worning message to remember you about non assingmet of profit center if you ignore it with pressing enter then cost center is allowed to create.
assign points in the way of say thank.
Regards,
NSB -
Create cost centers under a center
Hi Gurus
Can someone help me with this issue.
My PP colleague wants to have three cost centers C1,C2,C3 created under Cost center A. The three cost centers represent robots used in production. He wants to have production of these robots roll up to cost center A. My problem is I cannot remember how to create a cost center under another cost center, let alone three of them under the same cost center.
Please help asap
Regards
ManetteHi
There is no such feature in SAP.. You can just have a Cost center group (KSH1) for reporting purposes.. There is no concept of Cost cneter under a Cost center
Ajay M -
Validation for Cost center for Goods issue against the cost centers
Dear Friends
In my client place we have 6 plants are defined and profit centers are defined for each plant. Hence here each plant is one profit center. Cost centers are defined plant wise.
The requirement is when the goods issued to cost center system should check the cost center is defined against the plant. ( i.e., Cost center def against the Profit Center, and Profit center equal to Plant).
Is there any provision to assign the plant to profit center or vice versa?
Please guide me how to resolve the issue.
Thanks in advance.Hi
Please check EC01. May be it can help you. But in my view it is not possible. -
T CODE FOR BLCKED /UNBLOCKED IN THE COST CENTERS
hI,
i WANT TO SEE ALL CSOT CENTERS WHICH IS BLOCKED /AND UNBLOCKED PLEASE TELL ME THE T.CODE FOR THATHi,
I understand that you want to check the cost center for the locks activated for various transactions. Go to transaction KS13 - give the cost center hierarchy for which you want to see the cost centers and execute.
The report will be displayed showing the locks for the various postings. This can be further controlled by changing the layout as desired.
Good Luck!!! Please assign points if useful!!!!!!!
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Hi Pardha,
Thanks for your reply,
Here i'm already capturing "Estimated cost" in CAUFVD-USER4 attribute, but i need to capture Planned cost and Actual Cost data in Run time(Live Stream) as i need to capture these data before saving into Database.
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Naresh. -
Call transaction for pop2.need to create packing instructions for materials
while assigning packing instruction to the materials from table mara.
its unable to create a new line item in the screen. ex: only 8 records are saved
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options of create new material ( ok code'=INLI', , create new entry('=INMA')
and even tried for page down option '=P++'. is not working.
Can anyone help me in creating more than 100 line items.
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SushmaHi,
Why do you want to create the varient for this?
what is your actual requirment?
Regards,
Sachin -
Help needed-Revenue account categorization
Hi
We have a requirement. A Sales order has 3 different lines. There is a different item on each of those lines. There are 3 different revenue accounts on each of those lines. One is Sale of Goods Account. The second one is Rental revenue account and the third is Maintenance revenue account.
We need to create a single invoice from the three Sales order lines which show the 3 different revenue accounts. Currently we are getting 3 invoices lines for the 3 sales order lines.
I would like to know how this requirement can be statisfied with Oracle applications. Can the autoaccounting engine be modified or is there any way using subledger accounting by which we can achieve this objective.
Regards
PrashanthTo derive the Revenue account from the lines, setup autoaccounting rules for Revenue and for your Natural Account segment, specify 'Standard Line'. That means the natural account for the revenue line of your invoice will always be picked up from the revenue account of the item that is been used for the sales order line.
Normally, all lines of your sales order should go in one invoice. If they are spltting into three different invoices, you will have to check the grouping rules. If there are no grouping rules, there might be some mandatory column that has a different value for all those 3 lines.
Check these notes
https://metalink2.oracle.com/metalink/plsql/ml2_documents.showDocument?p_database_id=NOT&p_id=380492.1
https://metalink2.oracle.com/metalink/plsql/ml2_documents.showDocument?p_database_id=NOT&p_id=1058138.6
Thanks,
Anil -
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Error when createing cost element
Dear Friends ,
Following error appering when createing cost element , please suggest and explain the process in details ,
Create the G/L account 94100040 first
Message no. KS034
Diagnosis
You chose the function "Create primary cost element". Primary cost elements/revenue elements must have an equivalent in FI, meaning the account must already exist as a G/L account in FI. Account 94100040 was not created in FI, so you cannot create it as a primary cost element.
Procedure
Check whether you need to create cost element 94100040 as a primary cost element and for what purpose it is to be used for.
If the cost element is to be assigned to accounts in FI, create a G/L account in an FI company code.
Manually create G/L account
If it is not to be assigned to FI accounts (additional CO costs), it suffices to create the G/L account as a chart of accounts item.
Create G/L account in chart of accounts
You can create the cost element as a secondary cost element in CO. This does not require an equivalent account in FI.
Regards
RaghuHi,
use T.code FS00 and enter G/L account number and co.code and enter required details and in application tollbar click edit cost element and enter required details.1st consult FICO consultant for above and use of G/L account group and other details for creating G/L.You can cretae Cost Element in t.code: KA01 also.
For more check the links to Create Primary and Secondary Cost Elements
http://www.copacustomhelp.state.pa.us/infopak/nav/finance/controlling/file1402/index.htm
http://www.copacustomhelp.state.pa.us/infopak/nav/finance/controlling/file2595/index.htm
http://www.sap-basis-abap.com/sapco004.htm
Regards,
Biju K -
Using Lockbox want to hit different GL account for each payment
Hi Everyone,
Currently, we have lockbox up and running for credit card payments from third party system and hitting cash account in Oracle.
I want to implement one more payment mode for e.g. ACH, which will hit differed revenue account in Oracle.
1. Now, as the current lockbox is hitting cash, I didn't left with any other option but I ended up setting up new lockbox with deffered revenue account attached to it. Here correct me if I am wrong with my understanding. Can one lockbox hit different GL account for different payment mode like Cash account for Credit Card and Differed Revenue account for ACH?
2. With my assumption from point 1 that I have to create new one for different GL account, I created new lockbox and added lockbox number in transmission format, control file and in data file. After that launched lockbox program for each lockbox number with understanding that each lockbox program will pick up its own payment records based on lockbox nubmer in datafile and process it. But what happened is that first lockbox program processed its own record and also another lockbox number records and finally, its processed its own way of hitting cash account. So again payments hit cash accounts, where my expectation was that each lockbox will pick up its own lockbox number record and hit it to respective GL account i.e. cash and deffered revenue.
Why one lockbox processed another lockbox number records also from same file?
How to achieve this? I dont want to make two seperate data file for each lockbox number, but want to process from one single data file.
Please update me ASAP as I need to freeze the requirement at the earliest.I suggest you to create a Dummy Materials. Lets say,
material number: 1001
enter material description as Domestic
material number: 1002
enter material description as Imports
and in OBYC for GBB
make the following settings:
val grp gen mod val cla gl a/c dr gl a/c cr
0001 VBR 4000 74180040 74180040
0001 VBR 4001 78020091 78020091
so that when u create PO u can get default GL (consumption GL ) for the material (u can use the same for material group also) and u can maintain WRX acc determination as follows ..
val grp val cla gl a/c dr gl a/c cr
0001 4000 123456 123456
0001 4001 456789 456789
Thus u need to create 2 different valuation class for these material group specific and in PO while entering the text u can add the text which is displayed along with material description
hope this helps -
What is the purpose of Clearing and Revenue account in Asset Disposal : F-92?
Hi All,
Please clarify my doubt ;
In Asset Disposal - Sale to Customer : F-92 with customer
Suppose an asset with historical cost $1000 and accumulated depreciation of $100 is being sold to a customer at $1100, the posting entries will be as follows :
Dr Customer Account (A/R) 1,100
Dr Accumulated Depreciation 100
Cr Fixed Asset - Acquisition Cost 1,000-
Cr Gain/Loss of Fixed Asset Disposal 200-
Dr Clearing Account for Asset Disposal 1,100
Cr Revenue for Asset Disposal 1,100-
I completely understand the first four line items, but don't know the purpose or the 5th and 6th line items.
Please explain why we need a clearing and revenue account for asset disposal and what would be the impact of these accounts in asset accounting?
Thanks in advance !!!
Regards,
VickiHi Vicki
This is just a technical account, which gets Dr and Cr in the same document
The purpose is just to tell you how much asset sale has happened during the year.. You can get this info by looking at the GL Account
Since Asset Module is a sub ledger, the asset needs to be retired. At the same time, the FI-GL also should show the needed info from accounting perspective
While the required GL entry is completed with the 1st 4 line items, the 5th and 6th are just the statistical ones
Br. Ajay M
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