In SAP MM, procurement method includes cost of goods and offerings that needs to be paid to dealer through an organization. The cost being paid need to be posted in an organisation always in a correct well-known ledger (G/L) account. every time during procurement to remember the right G/L account is an not possible thing. So, in SAP system some configuration for account determination is carried out so that system will automatically determine the right G/L account that desires to be published. G/L account is posted while goods receipt is done as well as during clearing invoice verification. Account determination offers with the following terms that are as follows.
Valuation areas may be grouped together and may be assigned to one grouping code if they belong to same G/L account. for example different plants below one organization code may be assigned same valuation grouping code and vice versa. before this, valuation grouping code should be activated and this may be finished by way of following the below steps.
Path to activate Valuation Grouping Code:
IMG => materials management => Valuation and Account assignment => Account determination => Account determination without Wizard => define Valuation control
On show IMG screen choose outline Valuation control execute icon via following the above path.
Select Valuation grouping code active tab. click on save. Valuation grouping code is now activated.
In valuation grouping, valuation place and valuation grouping code are assigned to company code. this can be done by following the below steps.
Route to outline Valuation area and Valuation Grouping Code:
IMG => materials management => Valuation and Account assignment => Account determination => Account determination without Wizard => group together Valuation areas
On show IMG screen choose group together Valuation regions execute icon by following the above path.
Here you could define valuation area with grouping code and assign them to a company code. click on save. Valuation area and valuation grouping code are now defined for a company code.
Valuation class categorizes the G/L account on the idea of material type. for example raw material will have specific G/L account than the completed material as the cost might be different in both the cases. Account reference is also maintained along side valuation class. Account reference and valuation class may be defined through following the below steps.
Path to define Account Reference and Valuation class:
IMG => materials management => Valuation and Account assignment => Account determination => Account willpower without Wizard => define Valuation classes
On display IMG screen chooses define Valuation classes execute icon through following the above path.
Select Account Category Reference tab.
Select New Entries icon.
Provide name of ARef(Account reference) along with its description.
Now go to same screen and select Valuation Class tab.
Select New Entries icon.
Provide name of valuation class, ARef(Account reference) and description of valuation class.
Now go to same screen and select Material Type/Account Category Reference.
Here you can map material type with ARef(Account reference). Click on save. G/L account can be now posted for different material types.
G/L account is automatically decided for every of the transaction. This happens because automatic posting are configured in SAP system. automatic posting may be configured by way of following the below steps.
Path to Configure automatic Posting:
IMG => materials management => Valuation and Account assignment => Account determination => Account determination without Wizard => Configure automatic Postings
On display IMG screen choose Configure automatic Postings execute icon through following the above path.
Select Account Assignment.
Here you may hold the transaction for which automatic account determination is there. click on on save. Automatic posting is now configured for the transactions.
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