Accounts for Automatic Offsetting Entry

Dear all,
I don't know the purpose of Accounts for Automatic Offsetting Entry.
Please give me a detail example. Anh tell me how to configure and choose transaction to this bussiness
step by step
Thank in advance
Minhtb

Hello
Certain G/L items are created automatically. This reduces the manual entries required.
During clearing, items for cash discount, payment differences, revenues from charges, exchange rates differences, and any necessary tax adjustments are amended automatically
With all business transactions containing cross-company code documents, offsetting entries representing receivables and payables between the company codes involved are amended automatically.
When posting down payments, you may have to post the tax from a general ledger viewpoint. No special line items for tax and tax clearing are generated for this in Contract Accounts Receivable and Payable. Only the tax code, tax amount, and account numbers for the tax account and tax clearing account are noted in the open item for the down payment. This information is sufficient for updating the general ledger.
The accounts to be posted to must be defined in Customizing for the line items to be created automatically IMG structure for Contract Accounts Receivable and Payable ® Basic Functions ® Postings and Documents ® Document ® Define Account Assignments for Automatic Postings
Reg
assign points if useful

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Defining Accounts for Automatic Offsetting Entry

Dear all,
From IMG: I Access the activity using the following navigation option:
Financial Accounting (New) ->Accounts Receivable and Accounts Payable ->Business Transactions -> Postings with Alternative Reconciliation Account -> Other Special G/L Transactions -> Define Accounts for Automatic Offsetting Entry
I'd like to ask a question: If I can define more items in column Account type/sp.GL ind? where I can do it?
Thank in advance
Minhtb

Hi
Based on Business Transactions u can assign the Alt Gl MRecords. Like Down Payments, Payment Requests etc.,
Shammi
assign points if it is helpful

Define Accounts for Automatic Offsetting Entry

Dear sir,
Now, I have to define Accounts for Automatic Offsetting Entry,
but I dont know what is it? Can you tell me its function and give me some examples and its account numbers.
Thank you very much.
Faithfully,
Hangvt

Hi,
You can do the configuration for "Off set entry in t.code"OBYC" integration between MM and FI, Transaction key is "GBB".
If you double click on GBB thenyou need to give chart of accounts and then you need to assign GL accounts based on Valuation Class for Material.
Here you are settong off the debit to every credit and credit to every debit transaction like open items such as GR/IR a/c.
Hope understood and reward me if you are cleared.
Thanks,
Vasu..

Defining Accounts for Automatic Tax Payable Transfer Posting

Dear all,
I would like to know about accouting process of Accounts for Automatic Tax Payable Transfer Posting.
Please give me a detail example about business that use this account
Thanks so much
Minhtb

Hello,
This scenario applies at month end.
Say during the month you have posted payables are receivables resulting in the following balances on your tax accounts:
Input tax account: 10.000 Dr
Outpux tax account 12.500 Cr
When you prepare your tax return at month end with report "Sales Purchases tax returns", it will print out all if your input and output tax transactions, detailing the total balances mentioned above.
At the same time you can activate the tax payable posting option with help of the variant options. Besides the printout, SAP will then also automatically post the following document:
Dr Output tax account 12.500
Cr Input tax account 10.000
Cr Tax payable account 2.500
in other words, the input/output tax accounts are zero and the remaining (payable) balance is offet to a special clearing account, the "tax payable account". This account is then cleared against cash as part of e.g. bank processing when the payment is made and that ends the process.
hope this clarifies, please do not forget to assign POINTS if this answers your question.
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Clearing of GR/IR Account for initial stock entry into the system

Hi All,
We MM team did some initial stock entry into the system using MVT TYPE 561 in migo transaction. But in the FI, When GR/IR clearing account was checked, these entry's caused by the initial stock entry are not cleared. when tried to clear It gives a message saying this cannot be manually cleared.Do any of you know what should be done in this case?

I have one more Questiion, in my company there is some amount that is not balancing. We feel that is due to the initial stock entry of the Materials is there a way to view what was the value stock on a particular date by particular movement type, we have transaction in MM but that does not give the currency, in the currency column it says $0.00.

Config for MIRO Offset posting possible?

HI,
Does anyone know if its possible to change the GL account for the offset entry if for example Taxes was on on IR than was on GR? Currently the system uses the expense account used in the PO as the offset account. Can we use a tax liability account for the offset?
Thanks.

Your case is not Tax treatment but Price Control V-Moving average Versus Standard Price in the material master.
Moving Average
The difference between PO/GR and IR is only posted to Price difference account is when the stock quantity on hand is less than the quantity on IR. if the stock quantity on hand is more than the quantity on the IR, the price difference between PO and IR is always adjusted to Stock.
1. Posting GR at PO prices (Qty 100 Price $5)
    Stock                    500 (DR)
    GR/IR                                  500(CR)
2. Posting of Invoice Received but IR price differs from PO/GR (IR Qty 100 Price $7) Qty on hand > Qty on IR
Stock                       200(DR)   [($7 - $5) x 100]
GR/IR                       500(DR)
Vendor                                       700(CR)
2. Posting IR ( assume goods issues were made,stock qty on hand is 20 at the time IR) Also the Invoice Price is $7. The total Price difference between PO/GR and IR is $200 ($7-$5= $2 x 100)
     GR/IR account                     500(DR)
     Stock account                       40(DR)           [stock qty on hand 20 x $2($7 - $5)]
     Price Difference account    160(DR)           [IR qty not covered in stock qty on hand 80(100 -20) x ($7 -$5)
     Vendor                                           700(CR)
Standard Price
The Price difference between PO/GR and IR is always posted to Price difference account.
Before you change the standard function make you go through the treament of Moving average versus Standard Price with the client. You might find that using Standard Price for some materials will achieve what you want.
Moving average as the name suggests the price keep moving/changing at PO/GR and IR depending on the stock quantity at hand.

Offsetting entry posting for 501/502 and 505/506 movement types

Hi,
In our configuration the single account is defined for ZOB account modifier group for GBB offsetting entry transaction key for all the valuation classes. Goods movements using 501/502 or 505/506 movement types for the materi
How can we configur account for material consumption based on material types after defining new GL account codes.
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OBYC : Offsetting entry for stock posting (GBB) , VAX/ VAY

Dear Sapients,
Could you please tell me the difference of the account grouping VAX and VAY for GBB(Offsetting entry for stock posting)
SAP helps says:
VAX: for goods issues for sales orders without
account assignment object (the account is not a cost element)
VAY:for goods issues for sales orders with
account assignment object (account is a cost element)
But truly i still did not understand, could you pls explaing.
In my current scenario system asked me to maintain an entry for VAY, when we are trying to reverse a delivery(inter company) created for PO.
Thanks and Regards
Ravi

Dear Ravikanth
Account grouping code VAX is relevant when the sales order item does not carry costs and revenues. If the sales order item carries costs and revenues, account grouping code VAY is used.
Thanks
G. Lakshmipathi

Problem in Purchase Offset Entry for partially PO Goods Receipt

Dear Sir,
I have active Purchase Account Processing in company code with t code OBY6 and define G/L Accounts for purchase offset a/c and its going fine for new GR but for old purchase order those are partially GR they have creating problem for GR in purchase offset accounting.
How I can solve this please let me know.
Thanks & Regards,
Hemant Kumar

Hi
What is the error you are getting?
VVR

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Offsetting Entry for Inventory Posting

Hi ,
While Working on Automatic Postings - Offsetting Entry for Inventory Posting
can any one explain me what are all General modification ,valuation modification entries made ?
What are all General Valuation Class applicable for GBB Entries & give me the G / L account details where the entries will be posted
Please give me solution on this
Thanks & Regards,
Pioneer

Refer belo link this may give some idea
http://d.yimg.com/kq/groups/54256/740187646/name/SAP_FI_MM_SD_integration_20090615.pdf

Offseting entry to inven posting for finished product in sub contracting

When we post goods receipt in subcontracting inventory account is debited with finished product.What is the account name to which offsetting entry is made & how to configure this in automatic account determination.
1) Same question was already asked and moved to T&P form.
2) Basic question.
3) Points will be unassigned.
Edited by: Csaba Szommer on Apr 16, 2011 7:58 AM

Hi,
If Material has Price Control as "V" (MAP)
(BSX) Stock A/c of Assembly - Dr
(BSV) Change in Subcon Stock - Cr
(FRL) Subcontracting Charges - Dr
(WRX) GR/IR Clearing A/c - Cr
(BSX) Stock A/c of Components - Cr
(GBB-VBO) Consumption A/c of Components - Dr
If Material has Price Control as "S" (Std. Price)
If Material is having Price Control as "S" then Price Difference A/c will also in picture.
This depends on configuration; SPRO > MM > Inventory Management and Physical Inventory > Goods Receipt > Price Differences for Subcontract Orders at Goods Receipt
Price Differences for Subcontract Orders at Goods Receipt
In this step, you configure for each valuation area whether price differences are generated for a Subcontract order at the time of a goods receipt if the manufactured material is managed at standard price and the standard price varies from the receipt value (externally performed service + value of components + delivery costs).
Example
Finished product: $400 (value at standard price)
Subcontract order:
o Ext. service : $250
o Components : $100
Posting schema without price differences:
Stock account FERT : 400 +
Stock change : 400 -
GR/IR clearing acct : 250 -
External service acct : 250 +
Compon. stock account : 100 -
Consumption account : 100 +
Posting schema with price differences:
Stock account FERT : 400 +
Stock change : 350 -
Price difference : 50 -
GR/IR clearing acct : 250 -
External service acct : 250 +
Compon. stock account : 100 -
Consumption account : 100 +
And cost center is mandatory for subcontracting process
the accounts for the BSX FRL and GBB-VOB needs the cost elements
Thanks
Diwakar

Offsetting entry and account determination

Hi friends,
The question I'm putting across might sound silly. I have tried a lot to understand these on my own but I still don't feel confident on my own understanding. Hence I'm seeking your help.
Can you please explain me the meaning of Offsetting Entry in SAP in layman language ? Could you also provide me some examples?
It would be great if you can answer the following questions as well-
1. What is the purpose of the T/E key PRD and why is T/E key PRD required for movement type 101.
2. For movement type 251 and posting string WA01, the account modifier is VBR. The G/L account assigned for GBB-VBR is 50100000 for valuation class 3000. Does it mean that a GI for sales of a material of valuation class 3000 will ONLY hit 50100000 and will not hit any other G/L account?
Thanks a lot for your help.
Rana

Hi Prabu and Praveen,
Thanks a lot for your response. Let me express what I understood and please correct me if I go wrong.
For mv.ty. 101, BSX and WRX are triggered to hit the assigned G/L accounts. Since offsetting is done to WRX for BSX, hence we don't need a GBB T/E key to make another offsetting entries.
But for 251 movement, the inventory account is credited and the COGS account is debited. If I look at the account determination, I see that G/L 50100000 is hit by GBB-VBR. So where is the other entry? Per my understanding, there should be an entry to BSX as well for 251.
Waiting for your response.
Thanks!
Rana
Addition- I checked the account grouping for movement type 251 but I didn't see any T/E key associated with it apart from PRD. So, if GBB-VBR makes the offsetting entry to a G/L account then where is the original posting?
Edited by: Rana Dutta on May 15, 2009 4:57 AM

Offsetting Entries for Landing cost at MIGO

Hello,
I am doing MIGO for Import purchase order.
But system post account document as follows,
Material Account - Db- 110
GR/IR Account - Cr- 100
Purchase off account - Db - 100
Purchase off Account - Cr - 110
Landing Cost - Cr - 10
Landing Cost - Db- 10
We have purchase account active for company code accordly first four entris are correct, But I dont want offsetting entries to be generate for landing cost
Thank you.

Hi,
   Go to M/06 and maintain the accruel flag for the landing cost condition type. Also, ensure that the condition category is B (Delivery Cost)
   Maintain the accruel key in the pricing procedure in M/08: No need to maintain account key..Maintain accruel key only
   Now, create a new PO and post the GR and check the accounting entries.
Regards,
AKPT

Accounts for Automatic Offsetting Entry

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