G/L account number columns in VKOA

[Former Member]

Hello everyone,

Can somebody please guide me the relevance of 2 G/L Account No. columns in transaction code VKOA. I mean why do we need two columns with the same heading. Thanks

Regards

Sai

[Former Member · Accepted solution]

The second column used for accrual accounts like rebate etc.

[Former Member]

Hi Sai,

The first column is used to determine the revenue account..i.e how much revenue has been earned from the invoices...

The second column is used to determine accounts which are used for accruals in case of rebate processing or deferred revenue account in case of revenue recognition.

Such accounts are usually temporary accounts and are cleared at a later stage based on the actual rebates paid out (in case of accruals) or when the revenue is recognised (in case of revenue recognition)..

Hope it makes some sense...

Regards,

[Former Member]

Hi

Thanks. Your replies were informative