Effect of Assigning Dummy Commitment item (30/3 and Statistical) to Vendor Recon Account

[Former Member]

Hi People,

This discusion is with regards to assigning a Dummy Commitment item (30/3 and Statistical) to Vendor/Customer Recon Account.

Normally we assign the Vendor/ Customer Recon Accounts with Commitment item of nature (60 and 2/3) respectively.

However I want to know the consequences of assigning a Dummy Commitment item to these accounts in EA-PS. The reason I want

to do so is that it will save in my time of creating different commitment items for all such GL's.

Any help in this regards is appreciated.

Regards,

Dhruv

[Former Member · Accepted solution]

Hi

Generally Vendor and Customer Recons a/cs mapped to commitment items created with fina60/2 and 60/3.In this option u cannot load budget and also FM document will not be created.

If u want to mapp dummy commitment created with 30/2 with statistical, you cannot load budget and also AVC will not be worked.

Regards

Rao

[Former Member · Accepted solution]

Hi Rao,

In both the cases as described by you, We will not be able to load budget and no FI Doc will be created.

My question is that is it right if I go ahead with assigning dummy commitment item to Vendor Account?

Regards,

Dhruv

[Former Member · Accepted solution]

Hi,

'My question is that is it right if I go ahead with assigning dummy commitment item to Vendor Account?' - yes, it's standard practice to assign CI 60 to vendor/customer rec. accounts

[Former Member · Accepted solution]

Hi Dhruba

Yes u can create dummy commitment item with statistical nature for recon GL Accounts purpose.

But it is suggestible to create 60/2 and 60/3 as a best practice.

Standard Defined financial Transactions:

Account	Financial Transaction	Item Category
Revenues	30	2
Expense	30	3
GR/IR	40	3
Clearing accounts for cross-company code transactions	50	2/3
Check clearing / bank clearing	90	2/3
In FM on monitoring bank-check clearing	80	2/3
Bank/cash desk	90	2/3
Accounts receivable	60	2
Accounts payable	60	3
Input tax	30	2
Output tax	30	3
Cash discount received	30	2/3
Cash discount paid	30	2/3
Cash discount clearing	60	2/3
Price difference accounts	30	2/3
Pool/Assets:
Acquisitions   Issues	30 30	2 3

[Former Member · Accepted solution]

Hi,

P/L accounts has Fin. transaction 30

So If rec. account would be with Fin. transaction 30, then postin like Dr P/L Cr Vendor appear as Value type 66- transfer.

And if rec. account would be with Fin. transaction 30, then such posting appear as Value type 54 - Invoice.

So if for example you're using update profile 350 then in first case PB will not updated.

[Former Member · Accepted solution]

Hey Aleksey,

Thanks for the clarification. I guess all this is more related with reporting.

Rest I think I need to see it for myself what you told.

Regards,

Dhruv

[Former Member · Accepted solution]

Hi Aleksey,

I need clarity, whether we should assign one commitment item to all Vendor Recon Accounts or that seperate commitment item should be opened for each vendor Recon Account ?

Regards,

Dhruv

[Former Member · Accepted solution]

Hi, often one CI for all vendor it's enough.

Ofcause if you don't have some specific requirement, eg puting different CI for vendor accounts, you could draw some reports with offsetting CI

[Former Member]

Hi, you need to assign commitment item 60 to vendor, customer rec. accounts

[Former Member]

Hi Aleksey,

I know that Vendor has to be assigned with (60 and 3) Commitment item. Thus we will not be able to define budget for Vendors. But the same can be achieved through (30 and 3 with statistical) commitment item.

What will be the effects of doing so?

Regards,

Dhruv