Use

A necessary prerequisite for the execution of invoicing is account determination in contract A/R & A/P.

The account determination takes place dependently of:

  • Company code
  • Division
  • Account determination ID
  • Transaction

The company code and division are determined from the data specified in the master record of the IS-U contract. 

If this concerns a posting or a contract reference, the company code of the contract account master record is used. The division remains blank in this case.

The account determination ID:

  • is used together with the company code, division, main transaction and subtransaction (if necessary) to determine a G/L account.
  • is automatically determined from the contract account or contract if a contract reference is specified in the document item.

The transactions represent the business transaction that forms the basis of the posting.

If your company uses the Controlling component, you must make the settings for CO account assignment. The posting items from invoicing have the corresponding CO additional account assignment for the derivation of the invoiced quantities and revenues to the cost accounting components.  The following account assignments are supported in detail: 

  • Profit center
  • Cost center
  • Order
  • PSP element
  • Profitability segment (CO-PA)

These are derived from the account assignment specifications in the master record of the IS-U contract, or from account determination (posting area R001), or from the standard values of the cost element to be posted.

The CO additional account assignments are already determined in contract billing. Provided that the billing document line is a posting-relevant line with posting to a cost element, the CO additional account assignment is determined according to the following priority rules: 

  • Direct specification of the account assignment for manual entry of billing document lines (for manual billing)
  • Specifications in the contract
  • Specifications in account determination (posting area R001)
  • Standard account assignment of cost element

The CO account assignment keys (field COKEY) are assigned to the contract master record and the account determination. These keys encrypt the valid combination of the CO additional account assignments. 

Procedure

Store the receivables accounts in Customizing under Financial Accounting ®Contract Accounting ® Basic Functions ® Postings and Documents  ® Document ® Define Account Assignments for Automatic Postings ® Automatic G/L Account Determination ® IS-U: Define Acct Assmt Data Relevant to Main Transactions.

Store the receivables accounts in Customizing under Financial Accounting ®Contract Accounting ® Basic Functions ® Postings and Documents  ® Document ® Define Account Assignments for Automatic Postings ® Automatic G/L Account Determination ® IS-U: Define Acct Assignment Data Relevant to Transactions.

Maintain the CO account assignment key in Customizing under Financial Accounting ®Contract Accounting ®Basic Functions ® Postings and Documents ® Document ® Define Account Assignments for Automatic Postings ® Store CO Short Account Assignments for IS-U Contracts or Store Short Account Assignments (for R001).

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