Can any one explain the following in length ACCOUNT MODIFIERS, SPLIT VALUATION

Can any one explain the following in length ACCOUNT
MODIFIERS, SPLIT VALUATION, VARIANCES, TRANSACTION EVENT
KEY. Explanation with an example would help me a lot.

Question Posted / rvchp69

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Can any one explain the following in length ACCOUNT MODIFIERS, SPLIT VALUATION, VARIANCES, TRANSAC..

Answer / arun

split valuation: wen a material is procured at diff. prices
then the split valuation is done....i,e if u procure a mat.
frm boht US n frm INDIA. the prices vary..then split val is
done..

transaction event key :T/E key is ehich has the same posting
rules for the same account assign. catagory ref..

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Can any one explain the following in length ACCOUNT MODIFIERS, SPLIT VALUATION, VARIANCES, TRANSAC..

Answer / muthu

Account modifier:
Account modifier is also called as Account category
refernce. Valuation class and Material type will be
assigned to it in the setup of Automatic account
determination.

Split Valuation:
If a same material which has diffferent characteristics
like Import-Export, Inhouse-External procured, diferent
price from different vendor, split valuation can be
activated with its valution type to differencite the above.

Variance:
Variance can be of Price, Quantity, Price-Quantity and Date
variance. If any of the above variance occurs can be
restricted by activating Invoice block in SPRO.

Transaction/Event Key:
These are the key used in Automatic account determination,
used to differenciate the posting depending upon the
application. You can find the same on OBYC transaction.

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