In contrast to classic SAP Accounting, Inventory Accounting only generates line items that document business transactions from the perspective of the new inventory ledger:
· Warehouse inventories and work in process (WIP)
· Goods receipt/invoice receipt clearing (GR/IR)
Since Inventory Accounting documents (in contrast to classic SAP Accounting) do not have a 0% tax code, you have set the Posting without Tax Allowed indicator for the appropriate G/L accounts (see the Checklist).
To make this default setting for all G/L accounts, go into Customizing and choose Financial Accounting → General Ledger Accounting → G/L Accounts → Master Records → G/L Account Creation and Processing → Change G/L Accounts Collectively → Change Company Code Data. Select all affected G/L accounts here and set the Posting without Tax Allowed indicator.
You can now post to possible tax-relevant material accounts.
React to the G/L account requires a valid tax code message (message number FS/214) as follows:
...
1. Note the account number and company code from the message long text.
2. Enter the account number and company code in transaction FSS0.
3. Choose .
4. Select the Posting without Tax Allowed indicator on the Control Data tab.
5. Choose .
The general ledger is still located in the classic SAP system. Line items that document the valuation of processes are written in Inventory Accounting and carried in the GR/IR journal and the inventory ledger. The general ledger is updated at account level.
Individual line items are grouped using different journals and detailed information is displayed according to the requirements of the subsidiary ledger.
Redundant documents and line items are not carried in Inventory Accounting (Financials and classic SAP Accounting). The business transactions are documented as follows:
Documentation of Business Transactions
Classic SAP Accounting |
Inventory Accounting |
General ledger: Document |
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Subledger: Assets |
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Subledger: Customers |
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Subledger: Vendors |
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Inventory ledger: Line Items |
You can navigate from the general ledger document to the Inventory Accounting line items.