What is account order in SAP FS-PCO-AM - Posting Control Office for Account Management?

SAP Term: account order

• Component: FS-PCO-AM

• Component Name: Posting Control Office for Account Management

• Description: A posting control order for which the following prerequisites apply: The underlying posting problem was caused by a payment item or by a prenote relevant for posting control that resulted in the available balance on the account being exceeded. Reallocation is set in the posting control rules in the Customizing for Account Management as first response for recipient and turnover items and prenotes that cause available amounts to be exceeded. Alternatively, the following could apply: The underlying posting problem was casued by a payment item or a prenote relevant for posting control for which check object "overdraft protection" has detected an error. In the posting control rules, postprocessing or reallocation is set as first response for this error.

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• Key Concepts: 
  Account order is a component of the SAP FS-PCO-AM Posting Control Office for Account Management. It is used to manage the posting of financial documents and to ensure that all postings are in compliance with the company’s accounting policies. Account orders are used to define the rules for posting documents, such as which accounts should be used for each type of transaction. 
  
  How to use it: 
  Account orders can be created in the SAP system by entering the necessary information, such as the account number, account type, and posting rules. Once an account order is created, it can be used to post documents in the system. The account order can also be modified or deleted if necessary. 
  
  Tips & Tricks: 
  When creating an account order, it is important to ensure that all of the necessary information is entered correctly. This will help to ensure that all postings are in compliance with the company’s accounting policies. Additionally, it is important to keep track of any changes made to an account order, as this can affect how documents are posted in the system. 
  
  Related Information: 
  For more information on how to use account orders in SAP FS-PCO-AM Posting Control Office for Account Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component of SAP.