account assignment po

[Former Member]

hi.

i want to know in which case we use po with account assignment, what are the related configuration, what accounting effects after migo and miro

[BijayKumarBarik · Accepted solution]

Hi,

Account assignment used in the case of purchasing of non stock material, direct consumed material and Service material etc...

The related configuration you can do in OKB9 T.code where you can assign cost object ( like cost center or project or sales order) with G/L Account and OBYC for GR/IR.

The accounting effect for example without tax are:

1. MIGO:

Consumption A/C: Cr

GR/IR A/C: Dr

2. MIRO

GR/IR A/C: Cr

Vendor A/C: Dr

Regards,

Biju K

[Former Member]

Thanks manohar

But i want to know when we use account assignment catagory and when assign cost centre in item detail, and here which g/l account we have to assigne

[Former Member]

.

The Business requirement will decide why you are procuring and for whom you are procuring ..

During Implementation we will define Cost Centres, Projects etc...

and if the PO will be raised for Cost Centre or Project, then you need to choose Account Assignment.

The Necessary GL Accounts will be maintained in OBYC Trxn Code

and the Cost Centre for GL will be maintained in OKB9 trxn..

[murugan_mgl]

HI,

One of the scenario when u use acct assign ment when u acquire services (Like Cleaning ,repairing etc).For this when u

create a PO u enter the in acct assignemnt tab

k (Cost center) & item category D(Services),then u enter the description of services,then qty , plant & material grp.Now in the item detail a acct assignment tab will be displayed in this u enter the G/L aact & cost center.

Before this u have to craete a Service master in AC01.This SERVICE MASTER number u can enter in the PO itself.

murugan

[Former Member]

Account assignment is used when ever you are purchasing Directly to them,

That means we are not going to stock the Material , the Material will be deemed to consumed for Account Assignment

you are using in PO, Ex: Cost Centre, Project etc..

The Accounting will be always Consumption Account During MIGO & MIRO