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Former Member

Belgium Legal Requirement at the time of GR

At the time of GR, in SAP stock account is debited and GR/IR account is credited. But according to the legal requirement of Belgium client - P&L account no 604xxxx (Purchase A/c) and tax account should be debited and not to the stock(inventory account).The tax G/L avcount will be used for MODVAT credit.

I need to cross verify whether is it really a legal requirement?

Thanks in advance,

Sanjog

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2 Answers

  • Best Answer
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    Former Member
    Sep 02, 2008 at 10:51 AM

    Hi,

    You can activate the Purchase Account management in following path;

    SPRO > MM > Valuation and Account Assignment > Account Determination > Purchase Account Management > Activate Purchase Account in Company Code

    And then assign the Purchase Account to T/E Key EIN and Purchase Offset A/c to T/E Key EKG in OBYC.

    Also assign the Account Key EIN to all the condition types of pricing procedure in M/08

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  • Sep 02, 2008 at 10:47 AM

    Hi

    It could be

    If the client maintains the Purchase accounting above entry is correct. You need to do this at TCode OBYC / Transaction Key EIN and EKG. In Global parameters of the company at TCode OBY6 the check box purchase account processing should be ticked.

    Cheers

    Srinivas

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