Accounting entry flow

Hi All,
Can anyone give me the accounting entries flow from procure to pay, order to cash, and the store issues. Or plz suggest me where i can find such detail.
Luv
Crish

Hi
Procure to pay cycle:
1. On entry of PO:
No accounting impact.
2. Material receipt
Receiving accrual Dr
AP accrual Cr.
3. On completion of inspection
Inventory Dr.
Receiving accrual Cr.
4. On entering invoice in AP and matching it to receipt
AP Accrual Dr.
Accounts payable Cr.
5. On payment
Accounts payable Dr.
Cash clearing Cr. (if clearing is enabled)
Cash Cr. (if clearing is not enabled)
6. On clearing
Cash Clearing Dr.
Cash Cr.
Hope this helps.

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What is Accounting entry flow?

Step 1: create purchase order
Step 2: create receipt
Step 3: create voucher
what is step 4, 5,....?

Have a look at the Financials and Supply Chain Management (FSCM) 9.1 Business Process Maps
http://docs.oracle.com/cd/E17355_01/hf91bpm0/fscm910/index.html

Accounting Entry for Depot Excise Invoice

Hi Gurus
We make a STO from factory to depot. I have posted the depot excise invoice via J1IJ but Im unable to see the accounting entry for the excise invoice..
Im able to see the acounting entry for excise invoice for factory sales thru J1IIN..
Pls advise
Rgds..Vinz

Hi Vinz,
I would like to explore more for ur info.
When u create Excise invoice at Factory Using J1iin, accounting entries flow to the system. When u transfer it to Depot, u credit the Excise amount using MIRO and post it to RG23D ( Depot Register)
The value of the excise for which u have taken credit from ur factory would be passed on to customer now.
If you notice carefully, when u take credit of Excise entry in RG23d No accounting entry flows in the system, only value & qty gets updated to Register.
Generally, while deciding the selling price from depot u consider Basic price + Excise duty. since u are passing on the excise benefit to customer, using proforma excise invoice (transaction J1IJ)
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Hey CIN Gurus.. correct me if i am haveing any misconcepts regarding this.
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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.
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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 problem for cancel billing document

Hi,
We have manufacturing process for SO to DC we follow the proces
Sales order -> delivery -> VF01 -> J1IIN -> VF02 release to accounting,
now when we do the above procees in billing document document flow we can see two accounting entry generated ref. to t. code VF01 and billing document number
now to reverse the above, we are following the procedure
J1IIN reverse -> VF02 cancel billing document we get new cancel billing document numbver then again in VF02 we are releasing the cancel document number,
but earlier when we do the cancelation procedure only two accounting entries were generating under the original billing document and also under the cancel billing document, but now as soon as we reverse the invoice in J1IIN under the original billing document one additional accounting entry is coming which is generated ref. to T. code J1IH document type JM , and when we cancel and release the billing document there are three accounting entery under Cancel billing document number and additional entry is created ref. to J1IH do. no. JM
so what can be the problem hiw one entry is generated by J1IH and what is eefect of this.
regards,
zafar

in billing document document flow we can see two accounting entry generated
Yes this is standard. One for customer debit and another accounting document for excise.
thanks
G. Lakshmipathi

Check accounting entry

Dear all,
after generating invoice & excise invoice how can i check the accounting entry that is posted correctly or not.what is the FI transaction code. i want to check whole cycle from sales order to accounting posting.
regards
ajit

Hi,
ACCOUNTING document can be displayed in the transaction code FB03 for your company code and fiscal year. Accounting entries created as per the configuration done in the POSTING KEYS in OB40 ( whether it is credit or debit)
Document flow can be view either from the Sales order or Billing
In the table VBFA also you can find all the documents from SALES - BILLING.
revert back if you need further clafification.s
thanks,
santosh

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Can you please give me the list of accounting entries that take place during order to cash flow for each event.Thanks.
Jogendra

Look at following site
http://anilpassi.com/apps/demo/siva/accounting_basics/Flow_of_Accounting_Entries_in_Oracle_Applications.pdf

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For quick and correct response. Please post your question in the following forum -
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Accounting entries in STO ??

hii
I want to know the exactly STO process with CIN accounting entries in manufacturing plant and in DEPOT plant .
In manufacturing plant RG1 register will get updated ??
ANd In DEPOT plant , RG23D register will get updated ??
Explain me with accounting entries in Manufacturing plant and DEPOT plant for STO process.
Thanks

Hi
A similar answer I had already given
RG1 is updated ony in manufacturing plant not in Depo. In depo we update only RG23D
Process Flow
Step 1 - Creation of Stock Transport Order.
In ME21N, mention the Issuing Plant. Please check the item tab Invoice and see the Tax juridiction code as IN00. Check and Save the PO. (No excise accounting entries)
Step 2 u2013 Transfer Posting
Do the transfer posting in MB1B with proper Plant selection and movement type 351. Refer the PO and adopt the details. Note the Material document number. (No excise entry)
Step 3 u2013 Creation of Excise Invoice
Create Excise Invoice for other movements in J1IS. Select the document type as MATD. See that the system is automatically creating the Invoice. Note the Excise Invoice Number and FI document number created by the system.
(Excise duty payable credit and cenvat suspense account debit)
Step 4 u2013 Print of Excise Invoice
The Transaction code is J1IV. Save the document and take the print.
Now the Material is reached at 2nd Plant. The activities at that Plants are :
Step 5 u2013 Capturing of Excise Invoice
Its an ordinary J1IEX transaction. Capture the Invoice against the stock Transport Order. See that Plant 2 is automatically appeared. Enter the required detail and save the document and note the internal number.
Step 6 u2013 Goods Receipt
It is also an ordinary MIGO transaction. Enter the excise invoice details, save the document and note the material document number.
Step 7 u2013 Posting the Excise Invoice
J1IED - (Here no cenvat accounting since it is a trading plant. Only there will be entry in RG23D register.) Your excise invoice is stored in register only)
In step-3 the cenvat suspense account which was triggered need to be cleared manually.
Legally Depo plants should not create excise invoice. It can pass on the excise invoice and value which they have recieved from manufacturing plant. it means in case if the material goes out from that place to another place or customer it will carry the invoice which was generated in Step-3
Hope you are clear
Regards
Antony

FN5V - No accounting entries generated

Hi
I am trying to post a accounting entries through the transaction FN5V however there are no accounting entries that are getting generated. When I run the transaction FN5V the transaction is however getting saved but no accounting entries.
In the SPRO node (>>Company Code-Dependent Settings for Product Type) I have specified FI posting as 4 and in the same node the >>Define status per product type FI posting is defined as 4.
I want to generate the follwoing entry to the Loans taken Banks DR
Loans Taken CR Please advise how I can shoot his problem Also is you have any document on loan management, would be greatful if you can share. Thanks S
Edited by: sapcounts on Nov 3, 2011 11:37 AM

Hi
Status 4 is correct in the configuration. can you please check are you save the transaction in FN5V or u are clicking in post button. If you can brief your error then it is easy to us to guide u. please check your disbursement flow type and account determination for the same.
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Accounting entry for delivery

Hi
After PGI the system generates the accounting doc - cost of goods sold( Dr) to inventory a/c (cr).
which tcode to use to see this accounting entry.
regards
Jyoti

Hi Jyoti,
Please go to VL02N or VL03N transaction enter your delivery document then go in to that after that click on Document flow icon system will take you to Dcoment flow screem here you select GD goods issue:delvy xxxxxxx document then click on Display document push button now system will take you to material document screen here you can able to find Accounting documents push button you click on that system will take you to the accounting document.
T.code is FB03
I hope it will clear for you,
Regards,
Murali.
Edited by: Murali Mohan.Tallapaneni on May 30, 2008 1:36 PM

Doubt reg: MIGO GR/IR Reclass accounting entries

Hi ,
When MIGO is done , we have the below accounting entries.
Stock a/c - Dr
GR/IR clg a/c - Cr
On month end when we run F.19 , if MIGO is done and MIRO is not done,
the accounting entry is
GR/IR Adjustment a/c DR
GR/IR clg a/c - Cr
Is this correct?
Because the purpose of running F.19 is to reclassify the balances in GR/IR clg a/c to
GR/IR Adjustment a/c.
But as per the above entries, the GR/IR clg a/c, is credited twice.
Please explain, where I am getting the flow wrong.

Hi Rudra,
When MIGO is done , the below accounting entry is posted
Stock a/c - Dr
GR/IR clg a/c - Cr
Now, when you run F.19, then, based on whether the MIGO is done and IR is not done and IR is done but MIGO is not done, the entries would get posted.
Please remember, the entries are only mirror entries of GR/IR Account and no posting is made to GR/IR Account.
Note the scheme of entries below:-
Delivered but Not Invoiced:-
GR/IR Adjustment A/C..Dr
To Provision Account (GNB)
Invoiced but not yet Delivered:-
Claims A/C...Dr(BNG)
To GR/IR Adjustment A/c
The GR/IR Adjustment Account and GR/IR Account can be clubbed together in the FSV, so the effect gets nullified.. and the actual Claim or liability is shown in the specific GL's like provision (GNB) and Claims(BNG).
The entries also gets reversed the next month.. so this reclassification is for reporting purpose only. And then it is business as usual..
Hope this helps you..
Regards,
SAPFICO

PGI exits for accounting entry

HI experts,
Currently after SO and DO is completed a accounting entry will be created.
This can be viewed at VA03/VL03N display document flow.
Example : AFter SO the user will create a DO.
AFter that the user will go again to VA03 to view the accounting flow.
My task is need to control the accounting document after DOPGI is been saved.
By default it is taking to the FB03.
What are the exits can be used to control the accounting document.
What is the field name can be used for the exits.
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regards.
mrsaravannan....

if we use movement type 601, means system do not
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No you are wrong. System will reduce the inventory in your system.
There would be no material traceability.
In sales concept, once a billing document is generated, the responsibility ceases from seller.
BUT we customize to make it Billing effective for consignment SO
   BUT we are unable make accounting entry for material movement during PGI.
Because the stock would still be lying in that company code only and hence, accounting document cannot be generated for a movement type 631
Now we are struggling to cancel accounting entry that created during PGI in 2nd SO
The only option is to reverse the delivery via VL09 so that the corresponding accounting document would also be reversed
Last but not least, if you can explain the exact scenario for which, you were trying to configure, perhaps, I can assist you in a better way.   This is also due to the fact that all the above explanations are not clear as to what is the scenario !!!!!!!
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Please give me the accounting entries for flow of Oder to cash. What are the entries from starting of SD Order to Fianl Customer Payment.
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The normal entires are as follows (depending on your configuration);
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Credit customer account and debit cash/ checking account
pls assign points if helpful as a way to say thanks.

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Hi,
Please provide me the accounting entries(Debit/Credit) for following cycles in Oracle Project Suites
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B>AP->PROJECTS
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Hi
I had published a paper on Collaborate 2008, which include among other things the inforamtion you are asking for.
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