*URGENT* Cash discount account configuration

Hello SAP Gurus,
We have the following requirement:
The business would like to update the GL account that is automatically posted when cash discounts are taken in the AP payment run.
Is there any functionality available in SAP to configure the cash discount account by company code or other org? 
The only place I am aware of that this account is configured is through transaction OBXU and this appears to be a global setting (by world wide chart of accounts), so affects all geographies and vendor payments.
PS: Suitable points shall be rewarded.
Thanks and Regards,
Sreeni.
+91 99860 32960.

Hi Sreeni,
when evere you are posting transactions in SAP, It will defnitely belongs to one company code only. so when system will calcualte cash discount based on the terms of specified in document. it will post the cash discount in to that company code.
hope it will clear your query.
it will be configured in OBXU only
Best Regards
Ashish Jain

Similar Messages

  • Different cash discount account

    Hello Experts
                                    I am using segmented chart of accounts.In incoming payment we can give cash discount to customers.But we can map only one cash discount account in GL determination.Cash discount given by every branch goes to the single accoun t which we have mapped in GL determination..how can we account cash discount of respective  branches to its cash discount account
    Regards
    Manoj

    Hi Manoj,
    You cannot do it. The only alternative is to use Cost Centres to distinguish between the branches and then to do Manual Journal Entries to move values from one account to the other....
    Regards
    Carin
    Edited by: Carin Botha on Feb 18, 2011 12:20 PM

  • Additional cash discount accounts needed

    Hi!
    Many of our customers want to post the cash discount to different accounts based on the tax code from the invoice. They need cash discount accounts for domestic full, domestic reduced, foreign and EU tax.
    In Standard SBO (2007A SP01 PL07) there is only one possibility provided to enter a cash discount account in the G/L account determination sales / purchase tab.
    Without this seperation, the DATEV AddOn will export all postings regardless of their tax code to just the one correspondig DATEV account defined in the chart of accounts user field.
    In DATEV, there are different accounts for each tax code. These accounts have to be used.
    What if there is an invoice with different tax codes (e.g. A2 and A1)? Then the cash discount has to be posted to different accounts according to the percentage of the respective source amounts.
    Is there any hope that will be possible in a future SBO release?
    Jens

    Hi!
    Many of our customers want to post the cash discount to different accounts based on the tax code from the invoice. They need cash discount accounts for domestic full, domestic reduced, foreign and EU tax.
    In Standard SBO (2007A SP01 PL07) there is only one possibility provided to enter a cash discount account in the G/L account determination sales / purchase tab.
    Without this seperation, the DATEV AddOn will export all postings regardless of their tax code to just the one correspondig DATEV account defined in the chart of accounts user field.
    In DATEV, there are different accounts for each tax code. These accounts have to be used.
    What if there is an invoice with different tax codes (e.g. A2 and A1)? Then the cash discount has to be posted to different accounts according to the percentage of the respective source amounts.
    Is there any hope that will be possible in a future SBO release?
    Jens

  • Payment terms cash discount account in sepreate gl code

    Dear Friends
    customer are paid amount within due date and they allowed for cash discount. system also capture discount but it is not posted seprately as cash discount to the customer account.
    for example:
    customer paid advance :Rs.10000/-
    next day invoice raised for Rs.2000/-
    t.code f-32 knock of the invoice against advance
    new AB document type generated for Rs.8030
    10000-2000=8000 and cash discount of Rs.30
    Customers wants their cash discount sepreatly when they see the satement of accounts f.27
    Advance thanks for your tips.
    Regards
    Santa

    If you want it to appear on the customer statement it will have to be a customer open item.
    However this would then post to the recon account and not the P&L account which I expect you want.
    Also discount taken is only posted to when the invoice is cleared.
    Therefore you cant get it in a customer statement, you would need to have the information in the Billing doc.
    Remember you are offering a cash discount for early payment, this does not mean the customer is always due it. However there are config settings to say the customer should always take the discount.
    Hope this helps, if so award points please.

  • RFBIBL00  Cash Discount Account

    I am using RFBIBL00 to generate invoice clearings from incoming customer payments.  However, the cash discount amounts are being posted to a different account than the one used when I perform the same clearing using FB05 interactively.  I am an ABAPer with no FI confuguration experience.  Is this a config issue?

    If your question Posting invoice discounts using RFBIBL00 is solved, please mark it so.
    Rob

  • Cash Discount in Segmentation Accounting

    Hi Experts,
    I'm using B1 2007 B. I have defined segments in Coa for Branches and Division. I have 4 branches and 5 Divisions. Now I require that I want to post the cash discount also based on this segmentation. ie I want seperate cash discount received/allowed account to be debited or credited each at the time of payment (incoming / outgoing) based on the invoice.
    I have noticed that the cash discount account is taken fromG\L account determination so that it will be common for all branches/division. Is there any method or workaround?
    Please Advise.............
    Thanks & Regards
    Jaics

    Remove the Cash Discount Account from the G/L Account Determination Window.
    Now when you post a Incoming/ Outgoing Payment, System will show an Error, 'No Cash Discount Account is Defined'.
    Now set the Cash Discount Account in the G/L Account Determination Window and post the Incoming/ Outgoing Payment.
    After Payment is done, Remove the Cash Discount Account from the G/L Account Determination Window.

  • No line item for Cash discount in customer invoice

    Hi Experts,
      Can anyone please suggest with configuration details for customising the customer invoice,  to display invoice with cash discount line item.  Currently i have assigned the customer master data with payment terms to include cash discount of 10% on for invoice with credit period of 20 days.
    Thanks in advance
    satish

    I think first thing you should be looking for is are you following net discount method or gross discount method . As that will define whether the posting of discount will be at invoice or when you post the payment document against that invoice. + you have to configure cash discount accounts before you can post in cash discount.
    Net: Cash discount clearing account and Cash discount loss/gain account (At the time of Invoice posting )
    Gross: Cash discount given and Cash discount recieved account (At the time of payment)

  • Accrued Cash Discount

    Hi All,
    My client has the following business scenario,
    If the amount is paid within 30 days, there is a cash discount of say 2%. When the goods are sold following is the accounting entry created,
    Debtors Ac ........Dr
       To Sales Ac............Cr
       To Accrued Cash Disc Ac....Cr
    Now if the amount is paid within 30 days, a credit note is issued by the customer. Following accounting entry is passed,
    Accrued Discount Ac..........Dr
       To Debtors Account...............Cr
    However if the amount is not paid within 30 days, the cash discount amount remains in the Accrued Cash Discount account whereby the sales should have been increased. Hence the amount in Accrued Cash Discount needs to be transferred to Sales Account.
    Is there any standard SAP solution to determine such amount from the Accrued Cash Discount account (i.e. amount for greater than 30 days) so that we can post this amount to Sales account.
    Thanks in advance!!
    Best Regards,
    Aman Goel

    if it is possible to do the below activities, it would help in avoiding reentry of accounting transactions.
    1) at the time of billings the below entry would be passed.
    Debtors Ac ........Dr
    To Sales Ac............Cr
    cash discount ac........Dr  (P&L item)
    To Accrued Cash Disc Ac....Cr (balance sheet item)
    what happens with this is that your sales does not get reduced. they remain intact and corresponding discount is taken care of by charging to P&L. This is with the presumption that customer would pay us the amount within the due date.
    2) on the date of payment, say using F-28 or inward clearing using IDOC or any other mode of receipt, the below would be the entry
    bank accoutn   ......DR
    accrued cash disc ac  Dr.
    customer       ...............CR
    due to this the accrued cash discount is reversed to the extent allowable based upon the terms of payment.
    for doing the above things there are couple of things you need to:
    firstly, in the pricing procedure you need to assign the GL account and accrual gl account for the cash discount and accrual cash discount (tcode ONU7). this is done with respect to a condition type. cofigure the codition type also.
    secondly configure the same accrual cash discount account in tcode - OBXI
    thirdly, maintain for the condition record in step 1 the discount rate.

  • Post-Capitalization of Cash Discount for Asset

    Hi,
    We are in ECC 6.0 and have activated Document Splitting.
    Further, have provided asset field in Define post capitalization of cash discount to assets in Document Splitting of SPRO.
    After the both, my expectation is to see the entry as stated by SAP in the scenario of Post-Capitalization of Cash Discount for Asset.
    But unfortunately, the discount amount is not being capitalized on the payment date, but is being posted to cash discount account.
    Kindly let me know what mistake i might have carried for this.
    Thanks and Regards,
    Purna.
    Scenario: Posted invoice for asset purchase using F-90 with payment terms as 2% cash discount if paid within 15 days.
    Assume: Asset purchased on 06.01.2012 and as per the payment term if paid before 20.01.2012 i will get 2% cash discount.
    Have made the payment to vendor using T-code F-53 on 10.01.2012, even though i see a cash discount is being calculated as required, but the account is an cash discount received account. Instead, what i was expecting is the asset account.
    Hope, my question is being clear and i will look forward for a reply.

    Hi,
    Please check your config below.
    IMG->FA->AA->Transactions->Acquistions->Prevent Subsequent Capitalisation of discounts...
    If the indicator is set for your company code, system will not capitalised the subsequent discounts.
    Regards,
    Srinu

  • Cash Discount taken incoming Payments

    Hi folks,
    when we allocation incoming payments to open AR, discounts might be taken from customers.
    We use FB05 for this.
    Discount GL is automatically chosen (OBXI) and correctly calculated.
    However, tax needs to be adjusted as well. This is not automatically done.
    What could be the reason for this?
    Tax Category field for "Cash discount expenses" is filled with "*".
    In case of purchase discounts in payment program F110, it works absolutely fine.
    please let me know if you need additional information
    Appreciate your help.

    Hi Benjamin,
    I tried your scenario in a test system and it work well (i.e. VAT line is generated), the only ways it does not work (and rightly so in my opinion) are:
    Cash discount account is set up as "no relevant for tax" (tax category is blank) in FS00
    The company code is set up with "tax base is net value" in OBY6 but in this case I get an error message at posting if my cash discount account is set up as "tax relevant" in FS00
    What is your setting for "cash discount" in OBY6 ?
    Regards
    Thomas

  • Lockbox Issue with payment on exact day as Cash Discount Days 1 Due Date

    Dear Gurus
    We are running into an issue in as much as when we receive a payment against our Lockbox on the exact day as the Cash Discount Days 1 due date the system posts this as an on account posting as opposed to applying the cash against the open receivable and posting the difference to the Cash Discount Account.
    E.g. Invoice 10000 Payment term 34 days 2% Net 35. I created the AR invoice today with invoice date and posting date of Oct 9, 2009 and posted the same. Received payment $ 9800 on Lockbox file today Nov 12 using the BAI2 format Lockbox file and found that the system did not even show the invoice # on the Lockbox reports but it recognized the customer based on the MICR # and posted an on account payment. It gave the error" F5 263 Difference too large for Clearing"
    The users have prior complained that this situation arises in F-28 as well where they would have to force the discount instead of the system recognizing the same if cash was being applied on the same date as the Cash discount Days 1 due date.
    Any help in this regards will be geratly appreciated and points awarded.
    Regards
    Satpal Narang

    Hi Satpal,
    Please check the net due date of the document which you are trying to do the payment. As it is critical information to calculate the cash discount.
    I hope this helps.
    Regards
    Ravinagh Boni

  • Cash Discount in Hungary

    Hi,
    We have a legal requirement for Hungary and we couldn't find a sap note to solve the problem. Maybe you can help us. We have to post the cash discount in two different accounts. A percentage of the cash discount will be post in the standard cash discount account and other % will be post in Interest on Overdue Payment account.
    How can we do it?
    Thanks and best regards,
    Elena

    Hello
    Please go through the link:
    http://help.sap.com/saphelp_47x200/helpdata/en/e5/0783f54acd11d182b90000e829fbfe/frameset.htm
    When the total cash discount is calculated and if you desire to split the posting, check if document splitting is possible.
    Think of substitution or check if an user exit exits to posts the splits to a different GL a/c
    Reg
    assign points if useful

  • Vendor Cash Discount Master Data Settings

    Where is the proper area of the COA that a vendor discount account should be setup and what are its typical settings?  Looking for specifics in the following areas:
    Cost Element? Y/N
    General Operating Expense Section of COA? Y/N
    Auto-Posting? Y/N
    Cash Relevant Flag? Y/N
    Post w/o Tax? Y/N
    Tax Category?
    Any input would be greatly appreciated, thanks.

    it will be set up in IMG tcode: OBXU (cash discount taken)
    The set up for cash discount account in FS00:
    Cost Element? Y/N >>> Yes, normally this is part of above GP in COPA (if you have COPA)
    General Operating Expense Section of COA? Y/N > depends on your COA account grouping
    Auto-Posting? Y/N > can be auto post or not, depending on the requirement if Finance won't allow any manual adjustment
    Cash Relevant Flag? Y/N > No
    Post w/o Tax? Y/N > Y in cases that the cash discount should not have tax
    Tax Category? > just put "-" input tax

  • FBL1N-Cash discounts grouped by assignment number

    Hi All:
    Could you please give ur thots on how to group cash discounts by assignment number in FBL1N.
    I want to subtotal the cash discount with assignment number.
    Thanks
    Gita

    Hi Gita,
    first of all, you have to find out what kind of information you want to see in the assignment field. Then you can set it up as a sort key in the cash discount GL account's master record using transaction FS00.  (Note: if you have a more complex logic that cannot be covered by a sort key, you can define a substitution rule in OBBH which can even use a user-exit if the logic is really complicated.)
    Once you have the proper logic for the assignment field implemented (via sort key or substitution), you can run transaction FBL3N on your cash discount accounts and you then can define an ALV layout variant with subtotaling over the assignment field.
    Hope that helps, points welcome
    Csaba

  • Accounts Payable Trial Balance (including Cash Discount)  - printer

    Hello All,
    User is saying that when trying to run the Accounts Payable Trial Balance (including Cash Discount), they do not get the list of printers to choose from.
    How to add a printer so that it shows up while trying to run a report?
    Please help.
    Cheers,
    Chiru

    hi
    using system administrator module you can setup the printers.
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    Srikanth

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