Purchase Account Management 
Purchase Account Management
Use
Some countries require companies to manage purchase accounts. This account documents the value at which externally procured materials are posted.
Prerequisites
Function |
Customizing Setting |
Define whether purchase account management is active for each company code. |
Materials Management ® Valuation and Account Assignment ® Account Determination ® Account Determination Without Wizard ® Purchase Account Management ® Activate Purchase Account in Company Code |
Create the appropriate accounts. |
Materials Management ® Invoice Verification ® Configure Automatic Postings |
Features
Purchase accounts can be updated in the following ways:
In this case, the exact amount posted at goods receipt or at invoice receipt is posted to the purchase account.
In Invoice Verification, the system only posts to the stock account – and therefore to the purchase account and to the purchase offsetting account – if the invoice item meets the following conditions (compare
-
A price variance has occurred-
The material is subject to moving average price control-
Stock exists for the materialIn this case, the exact amount posted at goods receipt to the GR/IR clearing account is posted to the purchase account.
In Invoice Verification, the system only posts to the purchase account if there is a price difference. The system posts this difference to the stock account or to a price difference account, the sum of these two postings is posted to the purchase account.
Similar to the purchase account, a freight account exists for documenting delivery costs that have been posted for externally procured materials.
If purchase account management is active, the system automatically carries out the additional postings.
See also:
Example: Material Valuated At a Moving Average Price Example: Material Valuated At a Standard Price