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Former Member

account assignment catagory

what is the use of following acc assignment cat

B, D, E, F, G,M,N,T,U,X

NITIN

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2 Answers

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    Former Member
    Oct 09, 2007 at 04:38 AM

    A Asset

    C Sales order

    D Indiv.cust./project

    E Ind. cust. w. KD-CO

    F Order

    K Cost center

    M Co-maker

    N Sub Contracting

    O Contract Mfg

    P Project

    Q Proj.make-to-order

    T All new aux.acc.ass.

    U Unknown

    X Auxillary accounts

    Y Sub Contracting

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    Former Member
    Oct 09, 2007 at 04:42 AM

    Hi Nitin

    Just add more to rajesh basic purpose of maintaining so many account assignment is like to analysing the spending done on indirect material

    The account assignement comes into picture when you order the material as Indirect. In case of direct it gets valuated under raw material, semi finished, finished etc (Valuation class).

    In Account assignment you assign a specific G/L account to a cost center. In reality you can have different cost centers like Production, Maintenance, Quality etc and different G/L accounts like Raw material consumption , machine tools, computer software, buildings, machineries etc.

    Suppose if a machine has been procured for production purposes it gets accounted in the machineries G/L account and the cost is accrued by production. Same case if a measuring instrument is procured by Quality department it gets accounted in machineries G/L account and the cost is accrued by Quality department.

    It helps in analysing the spend of each department as per the allocate d budget and also helps in allocating budgets to respective departments for future purposes.

    Vishal...

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