Tuesday, 16 December 2014

. Differentiate between Account Assignment model, Recurring entries, and Sample document?


Account Assignment Model is a reference method used in document entry when the same distribution of amounts to several Company Codes, cost centers, accounts, etc., is frequently used. Instead of manually distributing the amount among accounts or Company Codes, you may use equivalence numbers for distributing both the credit and debit amounts. A cross-Company Code account assignment model can also be created.
The account assignment model may contain any number of GL accounts. The GL account items need not be complete. The model can be used across several Company Codes, and can even include Company Codes from non-SAP systems.
􀂃 You can use the account assignment model while parking a document (but you cannot use a reference document for parking).
􀂃 The use of account assignment models is limited to GL accounts.
Unlike a Sample Document, an account assignment model may be incomplete and can be completed during document entry by adding or deleting or changing the data already saved in the model. The Recurring Entry original document is used by the system as a reference document for enabling posting of periodically recurring postings such as loan repayments, insurance premium payments, rent, etc. Since this document is not an accounting document, the account balances are not affected. In a recurring entry original document, you will not be able to change the
(a)  posting key,
(b)  account,
(c)  amount.
The recurring entry documents are defined with a special number range (X1). Unlike an account assignment model, these documents cannot be used for cross-Company Code postings.

The recurring entry document does not update transaction figures, per se, but acts only as a reference and as the basis for creating accounting documents. The SAP program SAPF120 creates the accounting documents from the recurring entry original document. There are two ways to set the exact date when this document should be posted to:
􀂃 Posting frequency: enter the day of the month and the period (in months) between two postings.
􀂃 Scheduled run: configure the run schedule specifying the calendar days on which the
program should post these documents.


A Sample Document is like a template, which is created and stored so that the information contained therein can be easily copied into new documents and posted in the system. But once a sample document is created note that you will not be able to change the line items already contained in that document; all you can do is change the amounts in that sample document. But you can overcome this by defining a new sample document that can contain other line items or you may add new line items to the FI document, which is created by copying from the original sample document. Sample documents have separate number ranges (X2).

6 comments:

  1. very nice topic, gives a conceptual clarity.

    ReplyDelete
  2. Very Nice Blog! This Blog is Totally Informative About Law Assignment help in Australia. If You Are Looking For The Law Assignment help provider Then You Should Definitely Go For myassignmenthelpau.com

    ReplyDelete
  3. Perfectly define! I love the way you write! We are also an assignment writing provider in Australia, US and UK. If you are in need of Academic Report Writing Help then connect with us now!

    ReplyDelete
  4. Excellent explanation !! iLearn Education, Selective Test Online is the best option to go for practicing selective high school placement test in Australia, where the chances are higher to pass a seat in high school.

    ReplyDelete

  5. It was nice to read your blog. If anyone needs any type of case study and assignment help at the cheapest price then visit our website:- My Case Study Help. We are the best Assignment Help Australia website, provide all types of services for MBA Assignment Help, Nursing Case Study Help, Law Case Study Help and Engineering students. Avail Assignment Writing Service with the world's most trusted and no1 company for Case Study and Assignment Help in Australia. Get professionally prepared assignment by our amazing Case Study Writers with 100% quality check and plagiarism free paper.

    ReplyDelete
  6. After hearing about your site from a friend, I decided to check it out for myself. I'll be returning for more intriguing information! I've written a piece about Right CPS Test Now, while the timer is running, attempt to click as quickly as possible.

    ReplyDelete