Accounting entries in Vendor Rebate

What are the accounting entries in vendor rebate arrangement in complete cycle from MM to FI
at the time of GR
At MIRO
Settlement

Hi
I am also struggling for end to end rebate accounting entries.
if your problem is resolv, can you please shere the accounting entries.
regards
DD

Similar Messages

Vendor Rebate Accounting entries

Hi All,
While processing Vendor rebates what are the accounting entries will be generated at the time of goods receipt and settlement(final and partial)?
thanks in advance
Vasantha

Hi ;
You can benefit from documents http://scn.sap.com/docs/DOC-46495 and Rebate in MM to understand details...
Regards.
M.Ozgur Unal

Rebate Accounting Entries.

Dear Sd gurus,
I have done whole senarion of rebate bt i wan tto know std accounting entries in rebate process like wht goes cr or dr like accurals g/l etc.
and want to know abt manual accuals doc & rebate correction req doc.
hope u will solve my issues.
Regards

Hello,
The Accruals will be posted to the G/L account which is maintianed against the account key ERU and the rebate (deduction) will be posted against the G/L account maintianed for accounting key ERB.
Manual Accruals:
Posting accruals manually can be useful in different situations such as: Lump sum payments , Accruals correction.
You can control at which time and for which amount the accruals should be posted.
To post accruals manually:
Select Logistics --> S&D --> Master data -->Agreements --> Rebate agreement -->Change. Enter the number of the rebate agreement or determine the number by selecting a matchcode.
Press ENTER. Goto -->Manual accruals (overview screen)
Enter the accruals to be posted in the field beside each rebate condition record as follows: negative amount: to build accruals, positive amount: to reverse accruals
It is not possible to reverse more accruals than actually exist for a condition record.
Rebate Correction:
Instead of trying to figure out the manual accrual difference, you can also use the correction document. IMG -->SD -->Billing>Rebate processing>Compare Rebate Basis And Correct Accruals. Enter the agreement number, and execute. Instead of doing a manual accrual, just click on the button, which will automatically create a B2 correction document.
Prase

Vendor return account entry

Hi sap guru
my client have one issue in vendor return senario useing movement type 122 when we see accounting doc,there excise duty entry goes to central excise duty on sales but they want excise duty entries should be go in recoincile excise entry with vendor
return miro
how this i can configurd

Hi
Check the setting in
SPRO-Logistics general -Taxes on goods movement -India- Acoount determination - specify excise accounts per excise transactions
SPRO-Logistics general -Taxes on goods movement -India- Acoount determination - specify GL accounts per excise transactions
Check for ETT OTHR
Regards
Sandeep

Accounting Entries hit in Third party Sales Process

Hi,
Can anybody tell which accounting entries are hit when we create the following entries in third party sales process
1.When Sales Order is created.
2.When PR is Created
3.When ME21N is done
4.MIGO
5.MIRO
please provide your valuable suggestion..
Thanks...

Hi,
1. When Sales Order is created.
No FI Entry
2. When PR is Created
No FI Entry
3. When ME21N is done
No FI Entry
4. MIGO
(GBB-VAY) COGS - 3rd Party A/c - Dr
(WRX) GR/IR Clearing A/c - Cr
5. MIRO
Vendor Account - Cr
GR/IR Clearing A/c - Dr
6. VF01
Customer Account - Dr
Sales Revenue A/c - Cr

Scheme of Entries for vendor payment under EBS system

Hello Friends,
I am setting below the scheme of entries as I think is appropriate for making a vendor payment. The scenario is that we will make a payment to the vendor where the payment will be released through BACS (we are working for a UK based client). After the payment run is made the payment is not actually made for some reasons and are returned. Then we make the payment again and this time the payment run goes through smoothly.
I would request you to please let me know if I am wrong in the scheme of entries and if yes, what would be the proper scheme.
1.
When Invoice is raised (FB60)
GR/IR a/c        Dr        100
VAT a/c          Dr          20
    To Vendor a/c Cr            120
At this point there is one open item that is created in the vendor account.
2.
When payment run is made (F110)
Vendor a/c                          Dr              120
      To Unclear BACS a/c     Cr                     120
At this point the entries in the vendor account are cleared by entry no 1 and 2 and there are no open items.
3.
When Bank returns the payment as unsuccessful and we clear the entry (F-03)
Return BACS a/c             Dr          120
    To Vendor A/c             Cr                     120
At this point there is one open item that is created in the vendor account
4.
When payment is once more made and this time successfully
Vendor a/c                       Dr             120
   To Unclear BACS a/c    Cr                       120
At this point entries 3 and 4 clears the open items in the vendor account and there remains no other open items.
Can someone please confirm if the sequence is correct or is there an additional step involved for resetting of any document after entry 2 when the payment run fails?
Regards,
Suvarghya Dutta

Hello,
When you have done step 2, immediately you will not come to know that your cheque is failed, only when you receive the bank statement.
In that case I would not expect you to post to a different account "Return BACS a/c". I do not see any reason for this account. I would expect you to debit to the same account "Unclear BACS a/c", which has been used in order to make the payment.
If you are using a different account for reversal, then you have to take two accounts for reconciliation purpose.
MIRO
GRIR Account Dr
To Vendor Account
F110
Vendor Account Dr
To Bank Sub-account (In your case Unclear BACS a/c)
FF67 or FF.5
If successfully paid
Bank Sub Account Dr
To Bank Main Account
If returned or unsuccessful (*)
Bank Sub Account Dr
To Vendor Account
If you are posting the entry (*) through bank statement, then no need to use FBRA.
Use FBRA immediately once you run F110 and you know that you have paid the vendor erronously. But once it reached bank and bank has issued bank statement, I would not expect you to run FBRA, but I would like to use FF67 process.
Regards,
Ravi

Tracing balances in reclassification account back to vendor/debtor

Hi Gurus
My client ran the balance reclassification program in September and the program was successful.Now in October the auditors requested to know which vendors and customers had the debit and credit balances respectively to explain the line items posted into the reclassification account.I used report S_ALR_87012082 & S_ALR_87012172 selecting debit balances only for vendors and credit balances only for customers as at end of September and managed to reconcile all transactions except for 5 line items.
My question: Is there anyway I can trace back these figures to the vendor or debtor account??. I have tried to rerun the reclassification for September (without generating postings but still the 5 trans are not appearing).I have also tried to see if there were any back dated transactions that were posted after the reclassification was run by checking to see document entry time in table BKPF but non were posted.
Can you please advise if there is a way I can trace back these transactions in the reclassification account to the vendor or debtor.Or an explanation as to what else might have generated these transactions.
Regards
Dedat

Hi Gurus
My client ran the balance reclassification program in September and the program was successful.Now in October the auditors requested to know which vendors and customers had the debit and credit balances respectively to explain the line items posted into the reclassification account.I used report S_ALR_87012082 & S_ALR_87012172 selecting debit balances only for vendors and credit balances only for customers as at end of September and managed to reconcile all transactions except for 5 line items.
My question: Is there anyway I can trace back these figures to the vendor or debtor account??. I have tried to rerun the reclassification for September (without generating postings but still the 5 trans are not appearing).I have also tried to see if there were any back dated transactions that were posted after the reclassification was run by checking to see document entry time in table BKPF but non were posted.
Can you please advise if there is a way I can trace back these transactions in the reclassification account to the vendor or debtor.Or an explanation as to what else might have generated these transactions.
Regards
Dedat

Process flow of excise duty from procurement to sales accounting entry with amount.

Dear Expert ,
Kindly any one help the process flow of excise duty calculation from procurement to sales accounting entry with amount. for example.- if material amount is Rs. 10,0000 and excise duty is 8% , edu ecss 2 % , and sec ecss 1%. I want know the accounting entry on- MIGO, J1IEX, MIRO, F-43 AND , PGI, BILLING DOCUMENT, J1IJ , TR6 CHALLAN, J2IUN.
Regards
Akshaya

Hi,
In case of
A. Procurement : there are two types of procurement viz. Local and Import
LOCAL
1. MIGO
Inventory A/c Dr
To GR?IR
2. J1IEX
CENVAT Receivable (Basic) A/c - Dr
CENVATReceivable (Ecess) A/c - Dr
CENVAT Receivable (S & H) A/c - Dr
To CENVAT Clearing
3. MIRO
CENVAT Clearing A/c - Dr
To Vendor A/chrough
4. F-43
No excise entry through SAP direct posting but through manual posting in case using TAXINN procedure.
5. TR6 Challan
PLA Payment (Basic) A/c - Dr
PLA Payment (Ecess) A/c - Dr
PLA Payment (S & H) A/c - Dr
To PLA on Hold A/c
IMPORT
1. MIRO
ECS+SECS on Cus+CVD A/c Dr (consists of ECS on custm+cvd and S & H on custm+cvd)
CVD Clearing A/c Dr (consists of Additional Duty CVD and CVD)
Customs Clearing A/c Dr (consists of Basic Customs)
To Customs Vendor
2. MIGO
Inventory A/c - Dr
To GR/IR A/c
To Customs Clearing (consists of Basic Customs)
To ECS+SECS on Cus+CVD (consists of ECS on custm+cvd and S & H on custm+cvd)
3. J1IEX
CENVAT Receivable (Basic) A/c - Dr
CENVATReceivable (Ecess) A/c - Dr
CENVAT Receivable (S & H) A/c - Dr
To CVD Clearing
4. F-43
No excise entry through SAP direct posting but through manual posting in case using TAXINN procedure.
5. TR6 Challan
PLA Payment (Basic) A/c - Dr
PLA Payment (Ecess) A/c - Dr
PLA Payment (S & H) A/c - Dr
To PLA on Hold A/c
Sales
1. PGI
COGS A/c Dr
To Inventory
2. Billing Document
Excise
ED Suspense A/c Dr
To Liability for BED
To Liability for ECS
To Liability for S & H
Customer
Customer A/c Dr
To ED Suspense A/c
To Revenue
To VAT / CST
Hope your doubts are clear.
Regards,
Tejas

Accounting entry Inter company issue of goods as Sample

Dear SAP expert
We have a process to issue Finshed goods to vendor for testing purpose.
For this, I am issuing a finished goods for testing purpose to vendor (another company code in same group) .
At that stage accounting entry for goods issue is
Cost of sales Debit
To : Finished goods inventory credit.
We have created a PO of cross company code type and created a outward delivery for cross company code replenishment.
IF we change and add VQP general modifier in GBB transaction type then all material issue of such material will be accounted as testing expenses . However there may be some material transactions which are not sample but sale of finished goods , i have explore all options in OBYC but not sure what to do .
Company is not using valuation type functionality.
*Please suggest a way out to book expenses as Testing expenses whenever finished goods are issued as sample.*
Regards
Mehta S

Hi all
Is there any risk in doing the account determination through User exit in such a scenario. I have found a user exit EXIT_SAPMM07M_001 and include z_mm_exit_zxmbcm02_05 as useful instead of mapping the whole process for this transaction.
This user exit is working fine. Any risk people feel in bypassing OBYC through User exit.
Regards
MEHTA

Accounting entries for excise invoice for purchase returns in J1IS

Dear Friends
1) I recorded an excise invoice for goods receips in J1IEX . The accounting entry is
Input BED a/c   DR
Input ECS a/c   DR
Input H.css A/c   DR
CENVAT clearing   CR
2) There were some damaged items and same returned to vendor. I did RETURN Delivery in MIGO. The excise invoice in J1IS gives error " BALANCE IN TRANSACTION CURRENCY". Here I used Ref document type - MATD
QUESTION :
What is the Excise transaction type   for ' other outward movement' in J1IS to which I should assign the excise accounts   to reverse    (1) above. Is it OTHR or GPRO.
Thanks
kamala

Dear Mathews,
It is not capital goods. Also if I do a JV in J1IH, the entry goes and is as below :
Cenvat clrg   DR,   Input -BED /E.cess/ S.cess   CR
But J1IS does not save, though I have assigned all said accounts in 'Excise accts per excise transation'   for OTHR. Also I read in wiki that the entry for purchase return excise inv in J1IS is ' CENV CLRG ....DR ,   CENV RECEIVABLE ...CR ' .If so, then do i creat new GL for Cenv Receivable ? What is its effect on FORTNIGHTLY UTILIZATION
thanks for telling
kamala
Edited by: Kamala Surianarayanan on Mar 6, 2009 6:38 AM
Edited by: Kamala Surianarayanan on Mar 6, 2009 6:38 AM

Third Party Miro accounting Entries

Hi all
what is the accounting entries after MIRO in third party process
Where material delivered from Vendor to Customer directly and vendor bill to company
Edited by: sandipamore on Sep 21, 2011 8:45 AM

Hello
Accounting entries for 3rd Party Sales:
After MIRO
Vendor Account - Cr
GR/IR Clearing A/c - Dr
After VF01
Customer Account - Dr
Sales Revenue A/c - Cr
Regards
JP

Profit centre error while vendor rebate settlement

Hi
this is regarding vendor rebate settlement TC- MEB4.
while settlement of agreement, system is not able to determine the profit centre, hence unable to post the entries. in this regards, i have checked following:-
1. material used in rebate agreement - profit centre maintained
2. field status of all GL used in settlement process is optional for profit centre and cost centre
3. in document splitting, categories of the GL's are Balance Sheet Item and Revenue
4. field status of the posting key also open for profit centre
5. document type is defined as Unspecified posting in splitting
do i need to look some other place for possible cause of error? please revert
Regards
DD

If you have mainatained the Rebate as accrual based on agreement adn Sales conditions then you should use Item Category as "01300-Cash Discount Clearing".
Change and try in atest system and while changing the category read the warning message carefully that the system issues and understand the implications.

Not able to clear bank statement accounting entry with payment document.

Hello FI guru,
We are facing problem to clear bank statement accounting entry with payment document posted via t.code F110 (Automatic payment program).
There is only single entry for payment in bank statment . But many entries in F110 for different vendors. Will posting the bank statement entry i.e Bank clear account Dr
To Bank main account
Its post with an error Error F5 263 the diference is too large.
We are using muticash format & we have use 4 which clear Dr GL
Request your help to resolve the problem Whether we missed any configuration or we have develop program for the same

Hi,
This error generally is due to tolerance error. Please check the assignment of the user id with the relevant tolerance groups. Let me know if it worked.
or go through the following link
F5 263 - The difference is too large for clearing
BR,
Satya

Accounting entries for AP DPI

Dear experts,
When we have to pay advance to vendors, accounting entries not generated correctly.
When we made AP-Down Payment Invoice, It generate following JE:
1.
Vendor - Cr
Resp G/L - Dr
When we made outgoing payment based on DPI, following entries generated:
2.
Vendor - Dr
Bank A/c - Cr
The net effect in vendor a/c is nil. This is wrong as per accouting practice.
Vendor shoud be debited in this case. How do we know total advance paid to vendors?
We have to adjust downpayments in final invoice of vendor.
I think, this is general practice. How to do it in SBO 8.8 PL-09.
Regds,
OM

Dear Mr. Om,
The accounting entry is correct. Are you following some different practices?
Your RESP A/C will tell you the total Advance to vendors.
When you will create Invoice for this Vendor with DPI with Outgoing payment following entry will take place.
Vendor CR. 0 amount
RESP Cr. X amt.
Inventor Dr. x Amt.
Regards
Ashutosh T

Accounting Entries for Materials Return from Production Order

Dear Gurus,
I have a scenario here that a raw material, valuated at moving average = 151 and qty = 100, was issued to a production order last month. Due to some issue the order was not completed for a while and 93 qty was consumed for the order and because the remaining 7 were excess they were returned to the storage location. By that time the MOV had changed from 151 to 185 and the 7 qty was returned not at 151 (which would be correct) but at 185. This is a wrong accounting entry as it is showing an under consumption for the order.
Anyone have an idea why the system is doing this because the material should be returned on the price it was issued at so that the accounting entries are knocked off (The accounting entries for return deliveries to vendors are of the same price that they are recieved no matter how ever long a period they are returned). How do we stop the system from doing so and if it cannot be done what is the solution to the scenario.
Regards,

The normal entires are as follows (depending on your configuration);
1) Goods issue;
Credit inventory and debit COGS;
2) Billing document;
Debit customer account credit sales accounts;
3) Payment;
Credit customer account and debit cash/ checking account
pls assign points if helpful as a way to say thanks.

Accounting entries in Vendor Rebate

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