GR/IR G/L Seperate G/L Account for Assets

[Former Member]

Dear Experts,

I have a requirement from customer who wants separate G/L Accounts for GR/IR for services and Assets.

In configuration for WRX Transaction key when Valuation Class is not given for a G/L Account the particular G/L is assigned to

GR/IR for Purchase Orders without Material Master Record. This is true for Assets and Services however I further want to differentiate Assets G/L. Please guide how this is possible.

[BijayKumarBarik · Accepted solution]

Hi,

If you want GR/IR separate for material , asset & service ,then do following setting in OBYC with WRX key.For example:

Assign WRX keyu2026u2026u2026u2026.. to GR/IR account

Valuation modifieru2026u2026u2026Valuation Classu2026u2026u2026u2026u2026..Account Modifieru2026u2026u2026u2026u2026.. GR/IR account

For material---- >

1000u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026.. Valuation Class(material)u2026u2026..BLANKu2026u2026u2026u2026u2026.. u2026.GR/IR account(Material)

For Asset---- >

1000u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026.. BLANKu2026u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026 BLANK u2026u2026u2026u2026u2026u2026u2026. GR/IR account(Asset)

For Service

1000u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026..BLANKu2026u2026u2026u2026u2026u2026u2026u2026u2026u2026u2026..u2026u2026..XYZu2026u2026u2026u2026u2026u2026u2026u2026u2026u2026.GR/IR account(Service)

For asset, keep valuation class BLANK and for Service keep valuation class BLANK with account modifier XYZ (create new one) to pick rtespective GR/IR account. For GR/IR service check user exit via customer enhancement LMR1M002.For more check SAP note: 64204

Regards,

Biju K

[Former Member · Accepted solution]

Thank you Bijay,

It is just General Modifier which is key here. I just had to re-configure the posting rule.

[ajitkumar]

for services you can define valuation class in service master.

you may check whether wrx take that data for outputting GR / IR GL

[Former Member]

hi

no g/l account is given to asset and for service. for gr/ir account.

Thanking you.

[former_member564225]

Hi,

GR/IR is an AP g/l acc for stocks from suppliers which is not controlled thru valuation class. It is an intermediary acc to post the offsets when a GR is made. You cannot have separate g/l acc for this transaction and you dont need them also. You can always check the balances/entries in corresponding acc documents per transaction whether assets, goods or services. Vendor reconcilliation acc would provide the history of payments made with document info which you can further drill and extract.

Regards

Shiva

[Former Member]

hi

g/l account is given to asset not for service.

Thanking you.