difference between account key and accruel key
please clarify my doubt
what is the difference between account key and accruel key in pricing procedure
when we use the account key and when we use the accruel key
Kunal Ingale replied
AcyKy - Account Key/ Accrls - Accruals:
u2022 The values of the Sales Revenues, Sales Deductions, Freight Revenues, Tax Revenues, and Rebate Accruals etc. are going to be posted in the respective G/L accounts in Fi Module.
u2022 In order to do this we assign account keys/ accruals to the different condition types based on their classification. The classification shown below.
o ERB Rebate sales deduct.
o ERF Freight revenue
o ERL Revenue
o ERS Sales deductions
o ERU Rebate accruals
u2022 For Ex.,
o For all Price condition types like PR00 etc. we assign ERL - Revenue.
o For all Discount condition types like K004, K005 etc. we assign ERS - Sales Deductions.
o For all Freight condition types KF00 etc. we assign ERF - Freight Revenues.
o For all Rebates condition types BO01 to BO05 we assign in Account key ERB - Rebates Sales deductions and for Accruals ERU - Rebate Accruals.
u2022 This account keys and accruals are in turn assigned to respective G/L accounts. So the system posts respective values in respective G/L accounts in Fi-Co Module.
u2022 This also one of the areas of SD - Fi Integration. SD consultants assign the account keys and Fi Consultants assign the respective G/L accounts in T.Code:VKOA.
diffrence of account ket and accruals
If you don't have accruals the value of that condition will gets added to base value of material that is it becomes material cost, by maintaining accruals one more thing is you can accrue all the cost & clear once over a period of time.
Account key is the key where it links to particular G/L account for posting the value& acct key & accrual key may be same.
The account key enables the system to post amounts to certain types ofrevenue account. For example, the system can post freight charges(generated by the freight pricing condition) to the relevant freight revenue account.
To enable the system to find the relevant account for provisions (foraccrued delivery costs or miscellaneous provisions, for example), you must assign a transaction/event (internal processing) key to each condition type that is relevant to provisions in the step Define Calculation Schema.