Regarding accrual

[Former Member]

What is an accrual when you use rebates? E.g accrual in Pric proc ERU

[Former Member · Accepted solution]

hi,

With the aid of the account key, the system can post amounts to certain types of accruals accounts. For example, rebate accruals which are calculated from pricing conditions can be posted to the corresponding account for rebate accruals.

reward points if the answers are helpful

REgards,

Murali

[Former Member]

Rebate accruals allow your accounting department to keep track of how much your company owes customers with whom you have rebate agreements.

You can enter

Example

accrual rates based on sales volume

accrual rate USD 2.00 for every 10 pieces the customer buys from you

accruals not based on sales volume

lump sum payment of USD 5000 for front of store display

If you are processing rebate agreements that have a relatively short life-span (for example, one month), it may not be necessary to use accruals at all during rebate processing.

Accumulated amount to hit for particular g/l a/c ERU a/c key assinged in t-code

VKOA

[Former Member]

As per my Knowledge It's <b>ERB </b>

[Former Member]

Rebates are accrued over a period of time. And the amount has to be held in some G/L account until the rebate period gets over. For that Accrual is defined with accounting key ERU. And a G/L account is assigned to it in t.code: VKOA

regards

AK

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