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Former Member

Account key

Gurus

Can you explain why we need an account key

partha

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    author's profile photo Former Member
    Former Member
    Posted on May 28, 2007 at 08:09 AM

    Hi

    Account keys are used as bridge or a determining point for GL accounts. so we can use many account keys based on the posting we need for ex: Sales, revenue, discounts, freight, excise, tax etc..

    We use in account determination for GL accounts

    Hope it helps

    Chandru

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  • author's profile photo Former Member
    Former Member
    Posted on May 28, 2007 at 08:08 AM

    Hi,

    - account keys are mostly used for account determination in SAP (FI MM Or FI SD etc.,)

    Rgds.

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  • author's profile photo Former Member
    Former Member
    Posted on May 28, 2007 at 08:12 AM

    Hi

    Thanks for the response, generally for tax Ctyps we dont assign account keys in Pricing procedure, where can we find this.

    thanks in advance

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  • author's profile photo Former Member
    Former Member
    Posted on May 28, 2007 at 08:44 AM

    Hi ,

    You define your account keys in this menu option and allocate them to

    the condition types in the pricing procedures.

    With the account keys, you group together similar accounts in financial

    accounting. Using the account key, the SAP System finds the desired G/L

    accounts.

    This way you can allocate a separate account key to each condition type

    within a pricing procedure to implement detailed revenue account

    determination.

    For example, you can allocate a freight condition to a freight revenue

    account, or a surcharge for packaging costs to a corresponding account

    for packaging revenues.

    The following account keys are predefined in the standard SAP R/3

    System:

    o ERF freight revenues

    o ERL revenues

    o ERS sales deductions

    o EVV cash settlement

    o MWS sales tax

    If its helpful for you plz assign the point.

    Regards

    Amit

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