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Purchase and purchase offsetting account

Dear all,

I have configured the purchase and purchase offsetting account setting.While doing MIGO the entries are posting correctly.Now can we restrict this posting for some materials like stores and spares for which we need not reflect the purchase details in balance sheet.

Your valuable answers will help us in resolving our issue

Regards,

Shivaji

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6 Answers

  • Jan 10 at 05:53 AM

    Hi,

    Prerequisites

    In Customizing for Invoice Verification you can activate purchase account management on a company code basis. If you activate it for a company code, you must create the required accounts.

    I think once activated it is required for all type , the only option we can use different GL account for different valuation class.

    Regards

    Shihab

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  • Jan 10 at 06:48 AM

    Thanks Shihab,

    as it is activated at company code level any MIGO entry posted will generate those two line items for purchase and purchase off setting account.

    But as per the accounting requirement we need to show in the P&L the purchase of trading goods only.First i configured the OBYC with the valuation class for trading goods only.But for other GRN posting system did not allow as it is activated at company code level.

    So is there any way in SAP we can generate the purchase posting only for trading goods

    Regards,

    Shivaji

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  • Jan 10 at 07:21 AM

    Thanks Shihab,

    For your immediate reply.Sure we will wait for any expert to advice.

    Regards,

    Shivaji

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  • Jan 10 at 12:14 PM

    Hi Shivaji,

    You cannot control it by valuation class. However, you can assign the same account for purchase and purchase offsetting account transaction key in OBYC. Then the debit and credit entries will get posted to the same account and there is no impact on P&L also.

    Thanks & Regards,

    Mukthar N

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  • Jan 11 at 03:30 AM

    Thanks Mukthar

    For your immediate reply.

    Regards,

    Shivaji

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  • Jan 11 at 04:06 AM

    Hi friends,

    With regards to the issue mentioned is there any Exit or BADI available so that at the time of posting MIGO entry system will not post the purchase and purchase offsetting entry to the specified material.

    Thanks and Regards,

    Shivaji

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