Create account 895000 for 24.10.2007 as a cost element in controlling

[Former Member]

Hi!!

How to create account 895000 as a cost element in controlling?

Please guide.

Best Regards,

Ajit.

[Former Member]

Hi

If the same has to be used as a primary cost element, then a GL has to exist in GL Master. Use T Code FS00 and then select the GL which has to be defined as a primary cost element, Click on the edit cost element button to complete the details. Please note that only expense or revenue account can be created as a primary cost element.

In case it is a secondary cost element, use T code KA06 to create a secondary cost element. The secondary cost element is used to control cost allocations in the Controlling module only, such as Internal Activity allocation etc.

Please assign points if the information is useful to you

regards

Sanil Bhandari

[former_member188826]

When you are in FS00, you can click on Edit cost element. Then create for a validity period starting from whenever you need till 12/31/9999.

Alt. Use KA01.

[Former Member]

Hi Raju and Sridhar,

Thanks for reply. I have created the cost element 895000.

Now the error is "Account determination for entry 0010 BSX ____ ___ 7920 not possible"

Is there any assignment balance?

Pl. Guide.

Rgds,

Ajit.

[former_member188826]

OBYC,Double click on BSX Transaction, Inventory posting.

Maintain automatic account determination for valuation class 7920. Balance sheet account that represent the inventory account for semi finished goods.

[Former Member]

Hi Sridhar,

I tried to put this entry in OBYC in the BSX. But it is not allowing by giving a message" Account 895000 already used in the transaction GBB."

rgds,

Ajit

[former_member188826]

This shall be a balance sheet account. It appears like, 895000 is a consumption account, that is primary cost element too. You cannot use that.

[Former Member]

Hi ,

Do you mean to say that the new account needs to be created and needs to be assigned in OBYC.

Rgds,

Ajit

[former_member188826]

You can also use an existing Balance Sheet account, that is meant for representing the value of inventory of semi finished goods.

Else, create a GL that is of Balance Sheet type. Describe it as Inventory Account - SFG.

[Former Member]

Hi Ajit,

If it is Gl a/c you will be create primary cost element in co using ka01.

Suppose that a/c number exist in FI System should not accept to create as secondary cost element in co which is used for internal actvity allocation.

If there is anytthing else let me know

Regards

Raju.k,