MM Price Difference Account

[Former Member]

Hi,

Can anyone tell me the treatement of MM price difference account in Controlling. According to me we need to create it as a cost element and capture to one cost center to track the price difference account and allocate it to production cost centers by way of assessment. Is it true.Please explain me in detail.

[Former Member]

My Question was answered by Srikath and help me a lot.

[Former Member]

Hi Prasanth,

You can create Price Difference Account as a Cost Element and you must make a default Account Assignment in OKB9. You may need to create a Cost Center for this. So, whenever some amount gets posted to this GL, automatically same value will flow to that Cost Center and you can use any allocation method to transfer that value to different Production Cost Centers.

Pls revert back for futher explanation...

Srikanth Munnaluri

[Former Member]

hi

what you says is right you can do