Understanding Accounting Group Setup

You can set up two types of accounting groups: EUR accounting groups and owner accounting groups.

You set up EUR accounting groups to track the EUR costs for each blend lot. For example, a lot might have three different EURs that you can group into one EUR accounting group. The system uses EUR accounting groups in the AAI structure to determine for which account it creates journal entries.

The system stores EUR accounting groups in the EUR Accounting Groups table (F31B07AG).

You set up owner accounting groups by setting up owners and attaching them to owner accounting groups to track the ownership costs for each lot of wine. Owners can be internal to the blend facility or external. The system uses owner accounting groups in the AAI structure to determine for which account to create journal entries. You set up owner accounting groups as UDC 31B/OG. The system stores owner information in the Owner Master (F31B35) table.

See Setting Up Owners.