Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
To Amit K Chitkara1/India/IBM@IBMIN
11/04/2014 07:57 AM
bcc
Subject Re: Fw: GAP on Purchase Account
Hello Amit
I would like to point out here that once you activate Purchase Accounting , it is not that only Purchase A/c/
Purchase Offset A/c will get triggered.
These will be triggered along with the Stock A/c/ GR/IR Clearing A/c.
Earlier I had worked during my Shell project in such environment .
Purchase Account reduces complexity in case of Stock Valuation (FIFO/LIFO etc.)/ Material Ledger.
There were some issues which we faced with Purchase Accounting like the
Amount in Puchase Account was zero in some cases
Stock Transfer posting should not have Purchase Accounts etc.
Other issues in FIFO / Mass Balance (customised)
Some of these got resolved using SAP Notes while some of them were bug-fix.
I'll have to check for any documents as these experience was of my old Project .
Kind Regards
Manish Parimal
DHL NFE Programme
IBM Global Services
Mobile-> +91 7774006202
Amit K Chitkara1
11/03/2014 05:51:36 PM
Hi Team,
We are currently working on roll-out project for India and one of the requirement of the client is that goods
receipt posting should happen on Purchase Account, instead of the Normal Goods receipt account.
So Instead of
Stock Account Dr.
GRIR Clearing Account
And while doing some search on the above topic, we came across SCN thread / 1156034, details of
which have been re-produced here-under:
You activate the purchase account management function in the company code.
In some countries purchase accounts must be managed to document the value at which
externally procurred materials are posted.
The purchase account is posted at the time goods receipts and incoming invoices are
posted, with the same amount as the stock account. The offsetting entry is posted to a
purchase offsetting account. The purchase account is generally not posted upon goods
receipts for purchase orders with account assignment.
A freight purchase account also exists. This is used to document delivery costs posted for
externally procured materials.
Purchase account management is currently used in the following countries:
Belgium
Spain
Portugal
France
Italy
Finland
This feature is used more in trading business scenarios & sub contrcating business
practises, where the Puircahse of goods needs to be tracked for the P & L & balance sheet
reporting.
Regards,
Amit K Chitkara