Account key

[Former Member]

Gurus

Can you explain why we need an account key

partha

[Former Member · Accepted solution]

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

[Former Member]

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

[Former Member]

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

[Former Member]

Hi

For Tax Ctyp we maintain in OB40, for this the Tax codes are assigned to the GL accounts.

When creating the tax code itself we can assign GL account number in the header data.

Hope it helps.

[Former Member]

Hi Partha,

Try OBYZ for your Tax related Account keys and other stuff

Kishore

[Former Member]

Hi,

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

Rgds.