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Define Account Determination

In this step, you define your posting specifications and define the FI accounts to which postings are made for the different types of transaction.

The posting rules which you specify here are dependent on the following factors:

You make the settings for account determination in two steps:

In the first step, you define the posting specifications for the flow type and posting activity. The posting specifications describe the type of posting in an abstract form, irrespective of company code and chart of accounts. Each time, you need to define the following for both the credit and debit sides:

1: Balance sheet (account from account assignment reference)
2: Persons (customer)
3: Bank (bank account from flow)
4: Income statement (G/L account as defined under Accounts
with cost center)
5: G/L account (G/L account as defined under Accounts
without cost center)

In the second step, the abstract account symbols are replaced by FI G/L accounts. How they are replaced depends on the factors account assignment reference and currency. For posting category 1 (balance sheet), no replacement takes place, since the balance sheet accounts are already defined in the account assignment reference for each company code.

The balance sheet account/the bank clearing account used internally (only posting category 3) is used as the Selection template. The "+ fields" specify which figures are to be used from this template.

The "Account symbol #", "Account assignment reference +", "Currency +", "Account +++++++++" entry is mainly used for IP postprocessing. It is used to ensure that a flow is credited to the same bank clearing account as it was debited from.

Example

for account determination

Posting an interest receivable without a payment activity (not to a customer account).

In the first stage, you would define the following (for this example):
On the debit side, the posting should be made to a receivables account and on the credit side to a revenue account. You enter posting category 54 (G/L to income), define account symbols INT.RECEIV. and REVENUE. Enter the posting keys 40 (debit) and 50 (credit).

In order to make postings to actual accounts, you define the replacement rules in the second stage. Your definitions can, for instance, reflect the structure of your portfolio, i.e. according to term and currency. Your replacements could look like this:

Symbol Acct assignm.ref. Currency Account
INT.RECEIV. Term > 1 year USD Account 1
INT.RECEIV. Term > 1 year ITL Account 2
INT.RECEIV. Term > 1 year + Account 3
INT.RECEIV. Term < 1 year + Account 4
REVENUE + + Account 5

Activities

1. Choose Edit -> Create.
2. Enter the factors to be used for finding the posting specifications:
a) Flow type
b) Payment activity: G/L account (+) / customer account posting (X)
3. Enter the posting keys in the detail screen and assign them to an account symbol. Where applicable, define new account symbols (Choose Symbols -> Create).
4. Enter an indicator for the document type.
5. Enter a posting category.
6. Assign a valid FI account to each account symbol (Choose Goto -> Accounts) . Posting category 1 is an exception as no replacement is made, since the account is taken from the account assignment reference.
7. Save your entries.

Further Notes

Compression indicator ("Comp.")

Using the compression indicator, you can determine whether the document items resulting from this posting are allowed to be compressed with other document items. You do this separately for the debit and the credit side. Compression is understood to mean that document items which affect the same G/L account and have the same value date, can be offset against each other, so that only the net amount appears on the FI document as the document item. If all document items of an FI document are compressed to zero, no posting is made in FI.

If you do NOT set this compression indicator, the system COMPRESSES by default. The system DOES NOT COMPRESS if you have flagged this indicator.

The F1 documentation for this field does not apply to the securities and loans areas of Treasury Management. Compression is supported by these modules!