How to create vendor account groups in SAP?
Purpose of Configuration
In this configuration step you determine the account groups for vendors.
|T003||One Time Vendors|
IMG Menu Path
|SAP R/3 Role Menu||Define account groups with screen layout (Vendor)|
|IMG path||SPRO > IMG >Financial Accounting > Accounts Receivable & Accounts Payable > Vendor Accounts > Master Data > Define Account Groups with Screen Layout (Vendors)|
Step 1 : – Enter t-code “OBD3” in the SAP commend field and enter.
Step 2 : – On change view “vendor account groups” overview screen, click on new entries button for creation of new vendor account group in SAP as per requirements.
Step 3 : – On new entries: details of added entries screen, update the following details.
- Account group : – Update the four digit key that identifies the vendor account group in SAP.
- Description/Meaning : – Update the descriptive text of account group.
- One-Time account : – Leave this option as blank, if you are creating one time vendor account group than check this one time account option.
- Field Status : – Double click on company code data for maintaining the field status groups.
Step 4 : – On maintain field status group: overview screen, click on account management option which is under select group field.
On maintain field status group : account management screen, choose the reconciliation account as required entry.
Click on save button and save the configured details.
Why we need to choose reconciliation account as required entry?
It is mandatory to choose reconciliation account as required entry, because when we are creating vendor accounts in SAP it ask to entry the reconciliation account and the system wont allows you to save the data without updating the reconciliation account.