Account Determination

Account determination is mainly done on the basis of valuation class. Account determination is mainly concerned with creating valuation class, assigning the valuation class to Account category Reference, assigning acc cat ref to material type and Maintain FI Configuration .

Creating Valuation Class

Select the path as shown below.

Now a new screen will appear, select account category reference.

A screen will appear will a number of account reference category, now select NEW ENTRY and enter a category number and save it.

Assigning Account Category Reference to valuation class

Select valuation class as shown below.

Now we have to assign the account category reference created to valuation class (e.g. 3333)

Assigning Material Type to Account Category Reference

Select Material Type/account category reference as shown below

We select a material type (e.g. QWER) and assigning account category reference to material type

Maintain FI Configuration
We can assign G/L account to different valuation class. This is done in T-CODE OBYC

G/L account is maintained in INVENTORY POSTING (BSX) double click on it. A box will appear asking for Chart of accounts; enter the chart of account (e.g. KCCL).

A page will appear as follows

Enter the valuation class and corresponding G/L account.

Now create a material and using the material type and perform PO for the material, when we perform GR we can see that the material will post to the account assigned to the valuation class we had given in OBYC.

In the accounting view of material creation we will be able to see the valution class that we assigned to the material type (e.g. 3333)