SAP ACCOUNT DETERMINATIONS
The term account determination is extensively used in SAP financial account while posting a transaction manually or through interface or through feeder system i.e. Sales and Distribution, Material Management, Human Resources etc. The word account determination itself tells its meaning, this is a process to determine correct general ledger number where system will post financial data.
The account determination process can be either a simple process or more cumber some to understand. In order to determine correct general account, we need to configure SAP system. The configuration of account determination for particular process involves one or more steps. In order to work account determination correctly, the SAP consultant needs to understand the complete business process and business requirements. We can divide account determination process into two types (1) transactions that are originating within financial account and (2) transactions that are originated from outside of financial accounting.
Let us start with financial transactions that are originating within financial accounts. It is not possible to cover all account determination process; however I will try to cover few of them.
- Account determination for retained earning account; read more…
- Account determination for realized and un realized foreign exchange gains / losses;
- Account determination for arrears interest and / or balance interest calculation;
- Account determination for group general ledger account;
- Account determination for alternative general ledger master,
- Account determination for cash discount availed;
- Account determination for cash discount granted;
- Account determination for under payment / over payment;
- Account determination for automatic payment program;
- Account determination for lock-box posting;
- Account determination for electronic bank statement;
- Account determination for cash journals;
Among the transactions that are originating outside of financial account for which we need to setup account determination few are;
- Revenue account determination, transactions that are originating from sales and distribution modules;
- Inventory account determination that where originating from material management modules;
- Human resources cost those originates from human resources modules;
In my SAP Blog pages I will discuss these account determination processes, so keep visiting my blog for new postings or subscribe for RSS feed.