Use of Cost Accounting in JV
Hi
I want to use cost accounting system in my journal vouchers.What i have to do to use it.For what purpose Cost accounting system meant for?
Please explain me step by step.So that it could show proper effect on Journal voucher.
Hi,
Order settlement receiver could be any of the following:
1. Cost Center
2. Standing Order
3. Settlement Order
4. WBS Element
Like there are 13 settlement receivers. Based on your requirement, settlement can be done in any of the above. If company wants to settle the order to Cost Center, cost center in Equipment is compulsory as settlement profile can be created automatically. Also in settlement profile, default object type should be maintained accordingly.
As in your case, settlement will be done standing order / settlement order, cost center is not mandatory.
Regards,
Maheswaran.
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Why we use different clearing account for GR/IR and planned cost clearing a
My client ask for using same account for GR/IR account and all planned cost clearing account.
i try to convince it should be different accounts but he needs a logical answer.
Why we use different clearing account for GR/IR and planned cost clearing accounts?Dear friend.
u just tell him while doing GR it will debited n while doing IR it should get credited.hence we need to take diff G/L account or same account.
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PO with account assignment category K and use two cost center
Dear Experts
When I create a PO with account assignment category K and use two cost center in the account assigment tab of PO with the same GL or with different GL in the both line item, The FI document does not get posted.
Any input on this please.
Regards
PaulHi,
Check in the PO document - Item level - Delivery tab
There are two indicators
1. Good receipt
2. GR non-valuated.
If you are giving only one cost centre, only GR check box active and GR non-valuated check box is in-active. That's why System creating FI document during GR.
If you are giving two cost centres, Both GR check box and GR non-valuated check box are active. That's why System is not creating any FI documents during GR.
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Ravi -
Dear Experts,
Could you please advise :
1) Can we create the purchase order that using profit and loss account ? ( if yes , which kind of account assignment category we should use ?)
2) How to create a purchase order for service charge .( just using GL account )
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WatsonHi,
May I know why you do not use cost center for consumption?
You may create a new account assignment category in OME9 by copying K and maintain the cost center as optional. Please note that you have to maintain the item category blank and the account assignment category combination in OMG0. Now, you can use a GL account in PO which doesnt require a cost center assignment (in OBC4 against the field status group of the GL)
You may use the same account assignment category created in the previous step with item category D, after you maintain the combination of the account assignment with item category D in OMG0.
Please test the scenario and revert back.
Regards,
AKPT -
Determine a GL account using the cost center only as reference
hello, Is it possible to determine a GL account using the cost center only as reference?
If so, could you please provide me with the details?Hello,
I am really not clear on your question.
If you want to make default cost center, then please go and maintain OKB9 settings.
If you want to generate a report based on a cost element (GL account in FI), go and execute KSB1
Regards,
Ravi -
COGS workflow-Using Different Cost of Goods Sold Account
hi all,
Could some one interpret this and tell me exactly what it is.
This is the customization of cogs workflow. Ive to use different COGS account when the fares are sold on promotion.and COGS account should be different between regular fares and promotion fares.
how can i go ahead with it..?
im desperate..plz
thanx n regards,
rameshHi,
Are you using OM with discrete or process manufacturing inventory?
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Post accounting entries to Cost account using T-code MR11
Hi,
Below is the requirement,
I have done PO , and GR has been done against PO. Now there in accounting entiries in GR/IR account.
We don't want to post invoice as we are looking for Cost account should creadited instead of vendor account.
We have tried with MR11 t-code but it is reversing entries, not creadting cost account.
Entries in cost account should be like, it balance GR/IR clearing account.
In nutshell,
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Cost account- Credit ( As it show income).
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Edited by: Ajinkya1788 on Mar 2, 2012 9:44 PMIn that case You have to clear GR/IR with F-02 or FB50, No other option
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HI my partner used my apple id and email address when setting up his iPhone so when he turned on iCloud our phones merged!! How do we undo this? Can he still use my iTunes account with a different Id and can he change the email on his phone without losing information? Also iPad is linked too, the family uses this and I would like to keep my phone separate! At the moment nothing is sacred! Please help! We are not very good with computers!!
Several things here so let me attempt to clarify.
For iCloud the reason the contacts where removed from he other device is because you updated your contacts, in this case deleted them, and then iCloud updated the other device to match. By deleting the iCloud account on the device it will stop the device from using that iCloud account and therefore nothing will change on the other device. By using a seperate Apple ID you can still use the features of iCloud, Find My iPhone comes to mind, without your content (contacts, message etc.) merging with the other device
For iTunes, you cannot use two Apple IDs for one account however if you use the same account iTunes on your computer will keep the content on each device seperate very nicely. You can also configure the settings for iTunes and the App store on each device to keep the content from automatically downloading to the other device. What I meant by share apps and music is this. What happens if you find a game, lets say Minecraft, that you really like and it cost, as Mincraft cost, $6.99USD. You buy it and play for a while and then you realize that your husband really likes the game as well. If you both use the same Apple ID for iTunes he can download the $7.00ish game to his device at no additional charge. If you use seperate Apple IDs for iTunes well... it look like he will also be paying for the game to have it on his account. Same goes for Music and Movies
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Error in quantity translation in CO-PA valuation using material costing
Dear SAP Gurus,
While releasing the billing document to accounting I am getting the following error:
Error in quantity translation in CO-PA valuation using material costing
Message no. K/821
Diagnosis
In Profitability Analysis (CO-PA), the system tried to use a material cost estimate to translate the unit KG for the material KG into the base unit of measure EA for that material.
The system could not do this.
System Response
The document cannot be processed further.
Procedure
Check the quantity entered in the affected CO-PA quantity field &V4 .
If necessary, change the material master to allow the unit KG as an alternative unit for the material 970000000000000016.
Can anyone provide me with a solution to the said problem.
Regards
NikitHi Piet,
That does not seem to be the solution as i cant define for all the materials how many units EA = how many kgs. Thanks for the reply anyway -
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Hi,
If we post GI for a free of charge delivery (sample) the following will be posted:
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But we do not want to post to Cost of Sales but to a cost account.
What do I need to change?
Regards,
Eric.Hi Eric van Zundert,
Follow below mentioned procedure;
1. OMJJ - Copy a new movement type as "901" from Movement type "601". For new movement type change the Valuation Modifier to "YAX" instead of "VAX" and SAVE.
2. OBYC - Here go to T/E key "GBB" and do the account determination for the new valuation modifier "YAX" of new movement type (Created in Step1).
3. VOV6 - Go to the Schedule Line Category (which is getting determined in Free of Charge Order) and assign the new Movement Type "901" instead of "601" and save.
Note: - If this Schedule Line Category is used for multiple Sales Orders then copy and create a new Schedule Line Category and do the changes for this one as suggeste din step3 and also do the schedule line category determination.
Now create a new order and do delivery and PGI and check A/c entry, also check during delivery it should pick up new Movement Type.
You need to take help of ur SD Consultant in this case. -
Purchase order using balance sheet accounts
Hi there,
We have a need to create purchase orders using balance sheet accounts instead of expense or cost of sales accounts. Any pointers will be greatly appreciated.
Thanks in advanceHi Raymond
Not realy clear which scenario u r trying to address here. But you can post the Goods receipt to a balance sheet account. U can ideally create a separate valuation class and use the same for account determination. The materials for which you are making the PO have to be asigned to that particular valuation class. The rest of the configurations will remain as they are. But in the transaction key you will include the new valuation class and assign it to balance sheet account. -
Hi Gurus,
I have one controlling are and 2 company codes. I have assigned these company codes to same controlling area. I have observed that cost center is company code specific. In this case, whether we can use same cost center and standard hirachy for both the companie or any other configuration is required.
Kindly guide me in this regard.
Thanks and Regards,
Ganesh.Hi,
I have created another group of cost centers for the 2nd company code and I have gone to OKB9 transaction for default assignment of cost centers. Here I got another problem, that is same cost elements for both the company codes. How to handle this situation.
I am using same operational chart of accounts for both the company codes.
Kindly give me your valuables suggessions.
Thanks and regards,
Ganesh.
T -
Sales/Use Tax - Automatic Account Assignment
Our use tax on an incoming Accounts Payable invoice gets automatically charged to a GL account. Is there a way to assign a profit center on that posting so that all postings to that GL account for that company are assigned to a profit center?
And conditions are company code + GL account = profit center 1? For that you can use substitution, transaction GGB1, make this setting for Cost accounting, line item level and in prerequisites you make if BUKRS = xxxx and HKONT = xxxxxxx, in substitution put COBL-PRCTR = PC1.
Ask if you need further clarifications.
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Use of Different Account Groups?
Hi Gurus,
Please tell me what is the use of making different Accounts groups?
If we make different account groups, what will be the impact in balance sheet?
Please revert asap.
Thank YOuHi Gverma,
You can define any number of hierarchical structures of accounts for use in the information system, allocations and planning. These structures are called "account groups". You can create new account groups as well as display or change existing ones. If you want to use the same account groups in Profit Center Accounting that you have already created in Cost Center Accounting, you can copy them to Profit Center Accounting. The same goes for balance sheet account groups that you already created in Financial Accounting.
Each account group is assigned to a chart of accounts. You can only use an account group in multiple controlling areas if those controlling areas use the same chart of accounts.
please also check the following links:
http://help.sap.com/saphelp_47x200/helpdata/en/53/c98647ca3711d2b494006094b9114a/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/eb/13717743c411d1896f0000e8322d00/frameset.htm -
Please use production cost center!
Hi Experts,
I am trying to raise a vendor invoice via FB60. After giving all the inputs like vendor, Amount, GL account, cost center. I am saving the document in ECC6. I get the error as below:
Please use production cost center! could i know why i am getting this errorHi Umesh,
I request you to check if there is any validation in place as this is not a standard message.'
You can take help of a Abaper and get it debugged and find out of the soure.
Regards,
Andy
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