Purchase Account Management
Use
Some countries require companies to manage purchase accounts to document the value at which externally procured materials are posted.
Prerequisites
In Customizing for Invoice Verification you can activate purchase account management on a company code basis. If you activate it for a company code, you must create the required accounts.
Features
Purchase accounts can be updated in two 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
In 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 a price difference has occurred. The difference is posted 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.
In Customizing for Valuation, your system administrator defines on a company code basis whether purchase account management is active. If purchase account management is active, the additional postings are carried out automatically by the system.
