Enter Accounting Group

Explanation

Use this activity to set up accounting groups. Accounting groups is a method of grouping items, such as by existing product groups. It is possible to use this sorting criteria when defining posting controls for a specific code part. Note that there is no connection between the accounting groups specified on inventory parts and the account groups that exist in IFS/Financials. This optional task is to be performed by a system administrator or equivalent person.

Prerequisites

There are no specific prerequisites.

System Effects

As a result of this activity:

• An accounting group is created.
• The accounting group can be linked to an inventory part in the Inventory Part/Main tab Classification section.
• Inventory parts with accounting group codes can be sorted and retrieved by using those codes in queries.

Pages

Inventory Part Accounting Groups

Activity Diagrams

BDR for Inventory