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Former Member

"Accrual" key in condition type - what it controls

HI,

In Conditoion type FRB1 , how the "Accrual" key controls? ..

Just tell me,

if activate what's the effect and

if i didn't activate what's the effect??

..

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4 Answers

  • Best Answer
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    Former Member
    Sep 04, 2008 at 05:53 AM

    Hi,

    Accrual Key activation in Condition type will allow to post the amount against a GL account.

    In the pricing schema against the condition type you will be assigning a Account key for accruals

    GL account mapping will be done against this account Key in OBYC.

    If Accrual Key is not activated, the amount against this condition will flow to GR/IR and Inventory.

    Regards

    Merwyn

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    Former Member
    Sep 04, 2008 at 05:54 AM

    Hi

    If u enabled it will allow seperate Gl acct for friengt like cond type while inv posting.

    If u not not enabled it wont determine the gl acct for frieght like...

    Also in "FS00 - Edit Gl acct centrally" u hv to specify that all all type tax posting.

    Regards

    Ram

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  • Sep 04, 2008 at 05:51 AM

    hi,

    Accruals mean accumulating:

    With the aid of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.

    Regards,

    Priyanka.P

    AWARD IF HELPFULL

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    • Former Member

      Hi,

      Following write up is going to help you.

      Accrual Types

      Definition

      The accrual type controls the calculation and posting of accruals according to different business views. It defines how the accruals are calculated and posted.

      The accrual type sorts the accruals, for example, by:

      · Costs

      · Revenues

      · Receivables

      Use

      You use the accrual type to control which types of posting are performed for an accrual item. You can assign all postings defined to an accrual type, or only individual postings:

      · Opening posting

      The entire amount to be accrued is posted as a balance posting. Account determination is normally set so that the entire amount to be accrued is posted to an accruals account.

      · Periodic posting

      The total amount to be accrued is split over the individual periods according to the accrual method concerned. When you perform an accrual run in a period, the accrual amount for that period is posted. Account determination is normally set so that the periodic postings are from the accruals account to a profit and loss account.

      · Closing posting

      A closing posting only occurs when you deactivate an accrual object prematurely. The amount that has not been accrued by the time of the premature deactivation is posted as the deactivation amount.

      Structure

      The following accrual types exist:

      · Simple accrual type

      With this accrual type, you define the view under which the accruals are made, and which postings are performed.

      · Derived accrual type

      This accrual type is derived from other accrual types, for example, as the total or difference from other accrual types. You define a derived accrual type in Customizing for Financial Accounting under Financial Accounting Global Settings ® Accrual Engine ® Basic Settings ® Accrual Types ® Derived Accrual Types.

      Regards

  • Sep 04, 2008 at 06:05 AM

    hi

    if u activate this accruals then the system can post amounts to certain types of accruals accounts.

    For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding

    account for rebate accruals.

    in short u can post the condition value to a diffrent gl acct for the time being

    http://en.wikipedia.org/wiki/Accrual

    regards

    kunal

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