The difference between Accruals and Account keys

[Former Member]

Dear Experts,

Please brief me in detail on what is Accrual key and Account key ?

At what requirement we use these keys in calculation schema ?

Thanks in Advance

[kunal_ingale · Accepted solution]

hi

accruals

If you don't have accruals the value of that condition will gets added to base value of material that is it becomes material cost, by maintaining accruals one more thing is you can accrue all the cost & clear once over a period of time.

Account key

Account key is the key where it links to particular G/L account for posting the value& acct key & accrual key may be same.

Account keys are EIN, FR1, FR2, FR3, FRE, etc...

And in OBYC, we do necessary account determination for the same.

For e.g. Freight Posting in GR

Condition type FRA1, Accrual FR1 and in OBYC, assign Freight Clearing A/c to FR1

During GR;

Stock Account - Dr - 110 INR

GR/IR Clearing A/c - Cr - 100 INR

Freight Clearing A/c - Cr - 10 INR

regards

kunal

award if helpful

[Former Member · Accepted solution]

Thanks,

And what is the case, in which both are used ?

What is the purpose of that ?

Thanks in advance !!!

[Former Member · Accepted solution]

Thanks,

And what is the case, in which both are used ?

What is the purpose of that ?

Thanks in advance !!!

[Former Member]

Hi,

Account key is mainly used for freight.

Account key enables amount to post to certain revenue accounts, for example freight charges. When you add freight related condition types, it will be added to separate G/L accounts, means this will not be added to material price.

Accruals mean accumulating.(To store the data)

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.

Hope this will help you.

Regards,

Goraksh.