How Does the System Determine the Correct GL a/c for a Posting?

Imagine that you are posting a goods movement.

􀂃 Since the goods movement is from a plant, and the plant is assigned to a Company

Code, the goods movement identifies the relevant Company Code.

􀂃 As the Company Code has already been assigned to the Chart of Accounts, the

system is able to identify the GL accounts.

􀂃 The plant also determines the valuation area (and the optional valuation grouping

code).

􀂃 Since each movement type is assigned to a value string which in turn is identified with a transaction key, the goods movement determines the correct transaction key.

􀂃 Since each of the transaction keys is associated with the relevant GL accounts,

through the value string, the movement type now identifies the relevant GL Account, and the transaction is posted