What is the use of provision account in vkoa t.code

Hi,
i have a doubt regarding in vkoa t.code there are G/L Accounts column and Provisions column what is the use of provision column and what is the difference between these two.
i am waiting for u r replies.
Thanks & Regards,
Kishore.

Hi,
'The provision account is only required if there are conditions that are relevant for accrual, for example, rebate conditions. If this is the case, account determination takes place in the billing document with the field'
In other words it will be used to store the valuue of a( for eg.,Rebate) condition type in a different GL a/c for the periodic calculation of the total value of the same cond.type...
chk this thread for more clarity on Accrual
Re: Rebate Accrual Rate
Reg
JJ
Edited by: Jagsap on Jul 10, 2009 1:03 PM

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    <REMOVED BY MODERATOR>
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