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Importance of account class

Former Member
0 Kudos

Hi,

Please guide me what is the important of Account Class and what is the role of it in billing and FICA.

And please also guide me why should we configure it.

Thanks and Regards

1 ACCEPTED SOLUTION

Former Member
0 Kudos

Classifies the contract accounts with in a supply area; for example :

1.Private Accounts

2.Industrial Account

3.Accounts for Public bodies

Is used for stastical purposes( for example stastical consumptsion ).

Regards,

Shiva Kumar

View solution in original post

2 REPLIES 2

Former Member
0 Kudos

Classifies the contract accounts with in a supply area; for example :

1.Private Accounts

2.Industrial Account

3.Accounts for Public bodies

Is used for stastical purposes( for example stastical consumptsion ).

Regards,

Shiva Kumar

0 Kudos

Hi,

you can also use the account class for validations and defaulting in the contract account, like this you don't need to create an account category for all of your different customer segments. If you use COPA you can also use this field as a derivation rule, but for this you have to implement a derivation function module.

Cheers,