Purchase order for prepaid expenses

[Former Member]

Hi

Can any one tell me how to create a purchse order for prepaid expneses. Which account assignment category we need to use. I tried to use T .Is it correct?

What should be the field ststus of GL account which we assign at the time of creation of Purchase order.

Thanks

[Former Member]

Hi,

You can use the Account assignment group as K (cost center) or F (order) depending on your requirement. The field status of the GL can be G001.

Regards

Hari

[Former Member]

Hi Harikrishna

Thank you very much for your immediate reply. Prepaid expenses are balance sheet account so I can't assign it to a cost center. When I am doing MIRO I am getting an error message Field Assign. is a required field for G/L account When I checked the GL account field status, assignment number is a required field for this GL account. How can I get Assignment number to this GL?

Thanks

[former_member188028]

You can change the field status of this gl account for assignment number.

Please go to OBC4 and select your FSG and change the field status from mandatory to optional.

Rgds

Murali. N

[Former Member]

Hi Murali

I don't want to change the field ststus. I want to know how I can generate assignment while posting a GR .

Thanks

Edited by: SAP_FICO_Functional on Aug 19, 2011 4:20 PM

Edited by: SAP_FICO_Functional on Aug 19, 2011 4:21 PM

[Former Member]

Hi,

You can create a PR and PO with the account assignment of Prepaid Expenses GL. While creating the Purchase Order (PO), in the Delivery tab, tick the GR Non-Valuated. By doing this, there will not be any accounting entries generated while posting the Service Entry sheet.

When you do the MIRO transaction, you can observe that the Prepaid Expense is Debited and the Vendor is credited as per your requirement.

Regards

Hari