Sunday, July 24, 2011

SAP MM: Account Group and what Account Group Controls?

Account Group: Basically Company uses Account Group for different categories of vendor.Account group is related with G/L Accounting.Large number of G/L Accounts are managed and organized in Account Group.Account Group determines which fields we can configure in the G/L Master Record.

In Standard SAP, Account Group controls the following things:

  • The type of Number Assignment means External or Internal Number Assignment.
  • Account Group controls The Field Selection means which fields are used for user input,which fields we have to maintained and which fields we have to make hidden.
  • Which types of Partner Schema are valid.
  • Account Group controls whether the vendor is a One-Time Vendor.

Important - 
                 "In SAP External Procurement and Invoice Verification is not possible without Vendor Master Record."

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