Account Assignment References

Account assignment references are required for each Subledger Position .

You use the account assignment reference to determine the G/L account in which the position is to be managed.

You make the assignments of the G/L accounts in FI dependent on the account assignment reference for the relevant account symbols (position and interest revenue) for posting the positions, dividend payments, interest payments, accruals and deferrals, incoming payments, and repayments in the general ledger.

You create the account assignment references independent of the valuation areas. You can have the account assignment references assigned to positions based on the valuation area and/or you control the account determination based on valuation area and account assignment reference.

Customizing

You find IMG activities relating to account assignment references in Customizing under Start of the navigation path Transaction Manager Next navigation step General Settings Next navigation step Accounting Next navigation step Link to Other Accounting Components End of the navigation path :

  • You create the account assignment references based on valuation areas in the IMG activity Define Account Assignment References .

  • You can use the following IMG activities for account assignment reference determination to define criteria according to which the account assignment references can be assigned automatically to the positions.

    • Define Groupings

    • Define Account Assignment Reference Determination (OTC Financial Transactions)

    • Define Account Assignment Reference Determination (Securities/Listed Derivatives)

    • Define Account Assignment Reference Determination (Loans)

  • You assign the related business area and the related cost center depending on the company code and account assignment reference using the IMG activity Allocate Additional Account Assignments to Account Assignment References.

  • You can assign the G/L accounts to the account assignment references in the IMG activity Define Account Determination . You do this by making the determination of the G/L account for the position account symbols dependent on the account assignment reference.

Integration

  • Using the application function Assign Account Assignment Reference , you can display, create manually, change, or delete the allocation of an account assignment reference to a position.

  • You can only change or delete an account assignment reference if no posting has yet been made for the position. If a posting has already been made for a position, then the account assignment reference can only be changed using an Account Assignment Reference Transfer .

You access the functions in the application menus in the money market, foreign exchange, derivatives, securities and loans areas under:

  • Start of the navigation path Accounting Next navigation step Master Data Next navigation step Assign Account Assignment Reference End of the navigation path

  • Start of the navigation path Accounting Next navigation step Account Assignment Reference Transfer Next navigation step Execute. End of the navigation path