AR cash application question

Question

Hi,
  Can some one kindly let me know how can we perform a cross- company cash application .
The business wants to apply cash to company B for an invoice generated for company A .
Please let me know.
Thanks.

Answer 1

hi Prepare cross company code transactions
SPRO  financial accounting  general ledger accounting  business transaction  prepare cross company code transactions
FI Customization    (T. Code OBYA)
Give the company code 1: AML
        Company code 2: ASL
Enter
Posted in AML
Cleared against ASL
Debit posting key: 40
Account debit: 200160
Credit posting key: 50
Account credit: 200160
Company code: 2
Posted in: ASL
Cleared against: AML
Debit posting key: 40
Account debit: 200161
Credit posting key: 50
Account credit: 200161
Save (or) (ctrl + s)
Save in your request
Co. Customization:
Assign company code ASL to controlling area AML:
Use the transaction code: OKKP
Select controlling area: AML
Select details button
Company code to controlling area  select cross company code cost accounting
Document type: SA
Save
Save in your request
Double click on assignment of company codes folder:
Select company code: AML
Select copy as button
Change the company code to: ASL
Enter & save
Define adjustment accounts for reconciliation posting:
Path: SPRO  controlling  cost element accounting  reconciliation ledger  define adjustment accounts for reconciliation postings
Double click define accounts for automatic postings
From the menu select extras  select controlling area
Give your controlling area: AML
Enter
Select change account determination button
Save
Give the account No: 400150 (FI/CO reconciliation account)
Save & save in your request
Specify document no. range for reconciliation posting:
Same path: (T. code: OK13)
Give the controlling area: AML
Select change intervals button
Select interval button
Give the No. range: 01
From No: 1 to 100000
Enter & save
Creation of cost centre (path: KS01)
Give the cost centre: Dept X
Valid from: 01.04.2006 to31.12.9999
Reference cost centre: dept A
Controlling area: AML
Enter
Change the name to dept X
Description, cost centre dept X
Person responsible: X
Company code: change to ASL
Save (or) (ctrl + s)
Ignore the message, press enter
Posting of salaries in company code AML (F -02)
Document date: 01.11.2006
Type: SA     Company code: AML
Posting key: 40     Account No: 400100 (Salaries)
Enter
Amount: 100000
Cost centre: Dept A
Text: salary payment
Posting key: 50
Account No: 200105 (SBI current account)
Enter
Amount: u2018*u2019
Business area: AMH
Text: u2018+u2019
Document  Simulate & save
Go and see the G/L account: (FS10N)
Give the G/L account No: 400100 (Salaries)
Company code: AML
Fiscal year: 2006
Execute
Select back arrow
Give the company code: ASL
Execute
Cross company code postings in FI
If outstanding expenses paid by ASL on behalf of AML u2013 Entries
In AML     - Outstanding expenses A/C Dr
                    To ASL
In ASL Books -     AML       Dr
                  To Bank
Use the transaction code: (F-02)
Give the document date: 01.11.2006
Type: SA
Company code: ASL
Posting key: 50
Account No: 200105 (SBI Current Account)
Enter
Give the amount: 5000
Business area: AMH
Text: Out standing expenses payment on behalf of AML
Posting key: 40
Account No: 100500 (Outstanding expenses)
New company code: AML
Enter
Amount: u2018*u2019
Business area: AMH
Text: u2018+u2019
Document  Simulates & Save (or) (ctrl + s)
Double click on 3rd line item
Give the business area: AMH
Text: u2018+u2019
Select next item button
Business area: AMH
Text: u2018+u2019
Save (or) (ctrl + s)
Select continue button
hope this gives you a clear picture ...
rgds
Jay