IPMACT - Calculate and Post Accruals

SAP Transaction Code - Details

• Transaction Code: IPMACT

  Description: Calculate and Post Accruals

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > General Ledger > Periodic Processing > Accruals for Rights Management > Revenue Recognition for License Sales > Start Periodic Accrual Run

• • Program: IPM_ACE_PERIODIC_POSTING

    Screen: 1000

    Authorization Object:

  • Development Package: FI_GL_CAE_IPM

    Package Description: Accruals for Intellectual Properties Management

    Parent Package: FI_GL_CAE

  • Module/Component: FI-GL-GL-CAE

    Description: CRM Accruals

Smart SAP Assistant

• SAP Tcode: IPMACT - Calculate and Post Accruals

  
  Overview:
  The SAP transaction code IPMACT is used to calculate and post accruals. This transaction code is used to ensure that all costs and revenues are accounted for in the correct period. It is used to record the accrual of expenses and revenues that have been incurred but not yet paid or received. 
  
  Functionality: 
  IPMACT allows users to calculate and post accruals for both expenses and revenues. It can be used to calculate the accrual of expenses such as salaries, rent, utilities, etc., as well as the accrual of revenues such as sales, commissions, etc. The transaction code also allows users to post the calculated accruals to the general ledger. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code IPMACT in the command field. 
  2. Select the type of accrual you want to calculate (expense or revenue). 
  3. Enter the relevant information such as account numbers, amounts, etc. 
  4. Click “Calculate” to calculate the accrual amount. 
  5. Click “Post” to post the calculated amount to the general ledger. 
  
  Other Recommendations: 
  It is important to note that IPMACT should only be used for calculating and posting accruals that have already been incurred but not yet paid or received. It should not be used for calculating or posting future expenses or revenues that have not yet been incurred. Additionally, it is important to ensure that all relevant information is entered correctly before calculating and posting an accrual.