What is Account Assignment Model?

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.

Remember, The use of account assignment models is limited to GL accounts.

If you like this post, you may as well like these too:

1. Valuation and Account Assignment The valuation in SAP can be at the plant level or the company code level. If you define valuation at the plant level then you can have different prices for...
2. SAP FI FAQs – Automatic Account Assignment 1.    The level at which valuation should take place should be determined early in the project.  Once the level is set, it cannot be changed. True or False 2.    Which...
3. Enhanced Backend Version of Organization Model The enhanced version allows for multiple assignments of a single object. As an example, in R3, a sales group can be assigned to multiple sales offices. In the standard organization...
4. Organisation Assignment in Controlling Module Company codes are assigned to the controlling area. A controlling area is assigned to the operating concern. Controlling Area is the umbrella under which all controlling activities of Cost Center...