SAP FI CO (Financial Accounting & Controlling)
SAP FI CO (Financial Accounting & Controlling) Forum
What is the use of account determination in assets accounting?
Please provide me answer as soon as possible.
thanks in advance.
you can post to FI GL from asset accounting With the help of account determination.
In Asset Accounting, we assign Account Determination to
1. Create GL Account
2. Create Account Determination
3. Assign Account Determination to Asset Class
Asset Masters are created under Asset Classes by which
Account Determination Keys are accessed by these asset Masters while posting a transaction
The account determination determines the reconciliation accounts in the general ledger, as well as their offsetting accounts, that are to be posted when certain business transactions are carried out. You must enter an account determination in the asset class. Several asset classes can use the same account determination, if they use the same chart of accounts and post to the same general ledger accounts.
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