Account Assignment Group

[Former Member]

Dear friends,

We have "Account Assignment Group " viz: Domestic revenues or Foregin Revenues in the Sales view of the Customer Master.

Who defines it? FI or SD consultant.( who maintains it?)

Similarly we have Account Assignment Group in the sales view of the Material Master. Who defines it? SD or MM consultant.(does it require inputs from MM guy)

How are these two account assignment groups related to each other.

Await guidance. Regards

[Former Member]

Reconcilliation A/c will specify what type of payables i.e., Domestic, Foreign etc. This can be tailor made to suit business need as well.

Account assignment group can be effectively used to further branch out.

Ex:- Lets assume you have reconcilliation a/c as domestic, then account assignment group can be individual , corporate ( just for example )

I believe that there is no one - one relation between reconcilliation account and account assignment group.

One reconcilliation account can have customers with different account assignment group. What is crucial is to understand the business need and accordingly classify

Hope this helps.

Thanks & Regards,

CLN

[Former Member]

Gaurav,

The Account assignment group is a critical assignment by which GL accounts will get determined.

Based on the discussions with the Finance users you can come to a conclusion as on how to make the determination.

It can be based on Cust AccAss Grp or Material AcAssgrp. There may be as many combinations you may have.

If you have Cust Ass grp, you need to make sure the data is maintained in Cust master so that determination happens accordingly.

Get back if help needed.

Chandru

[Former Member]

Hi Gaurav,

When we talk about acc.assignment group of customer, we trying to classify to which type of account the business is taking place. Like we might want to see how much revenue is being generated by domestic customer then give all of those customers one particular key, for foreign give a key, for bulk sales give a key.

It is primarily how we want to identify various types revenues being generated in our business.

Similarly, we have different material types and if we want to see how much of a revenue is being generated by finished goods give a key and so on.

Its an integration between SD,FI,MM.

By these account assignments we maintain condition records in VKOA, revenue account determination.

Hope it helps. Please reward if useful.

Thanks & Regards

Sadhu Kishore

[Former Member]

Dear Sadu, Rajesh

Thanks for the reply. If my reconciliation accounts are of 3 types viz. Wholesale , Retail and Direct. Then is it necessary for me to have account assingment groups also 3?

Who defines it ? Is it SD responsibility or finance guy has to do it?

Pls advise.

[Former Member]

Hi Gaurav,

Yes you have to define Acct Assignment Groups are ,as for your requirements.This Acct assmt grps are define dby SD Consultant only.

Needful answer kindly reward point

Thanks&Regards

Vikram.M

[Former Member]

Gaurav,

If you want to maintain reconcillation account it is not releated to account group of customer or material.

In customer master you will maintain one recon account and by using alternate reconcillation account you can post these differnet channels ammount for your required G/L with irrespective of account assignment group

[Former Member]

Account Assignment Group can be one of the factors to determine G/L account in sales document & while posting Billing Document to accounts. T.Code: VKOA to maintain determination of G/L account.

If this is not maintained, it may be possible that Billing document is not posted to accounting.

Regards,

Rajesh Banka