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author's profile photo Former Member
Former Member

Account Key in pricing procedure.

Dear All,

could anybody tell me what is the purpose of account key(FRE) in pricing procedure (schema determination). i have checked comparetly with accruals. the accruals is used to post teh seperate G/L account. whether if entered or not entered the account key , it is not affected accruals process. then what is the purpose for account key. if eneter or not entered , where it is affected.

Regards

KT

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 28, 2010 at 06:40 AM

    That accoutning key is linked to GL account. if you make gr or invoice that GL accout will hit.

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 28, 2010 at 07:06 AM

    Hi

    Accounting Keys are used in MM only if purchase account management is activated in OMWO for a your company code. It creates a parallel entry to your accrual keys. Accrual keys create a provision for the expense mentioned in PO(planned delivery costs) in GR.

    Regards

    Antony

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