AR Consolidated Billing Process - Receipt Write Off
Hi,
1. How are the begining ane ending balances are calculated in AR_CONS_INV table ?
2. Are Receipt Write Off transactions included in the Consolidated Billing process? If not what all AR transactions are included in the Consolidated process?
Thanks!
Hi,
You can do it in Receivable Activities. Please read user guide for further info.
Regards,
Sridhar
Similar Messages
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JAEHYLEE (R11i AR) Functionality of "Create Receipt Write Off"
Purpose
채권 발생분 입금 처리시 APPLY TO 에 "RECEIPT WRITE-OFF" 지정 후 AMOUNT APPLIED 에 금액 입력시 오류 발생
Symptoms
APP-AR-96983 : User Write-off limit does not exist
Cause
아래의 Write-off Setup을 하지 않았기 때문입니다
Solution
Use Receivables Responsibility.
1. Define user write-off limit
The Navigation Path is: Setup > Transactions > Approval Limit
Enter user limit for each currency the user is allowed to write off
2. Define system write-off limit
The Navigation Path is: Setup > System > System Options >
Miscellaneous (tab)
Enter Maximum Write-off Amount
3. Define receivable activity
The Navigation Path is: Setup > Receipts > Receivable Activities
Enter at least one activity with the type of Receipt Write-off
Reference
184887.1HI Steve,
A Customer and Vendor have to defined as two seperate Business Partners. In SBO 2007 the reconciliation feature has been enhanced where a Customer and Vendor could be reconciled easily.
In your case, you could use an interim G/L to reconcile Customer and Vendor. Or Create a JE crediting the Customer and debiting the Vendor
Suda -
How i can Add New Receipt Write Off Activity in AR Receipt
Hi,
You can do it in Receivable Activities. Please read user guide for further info.
Regards,
Sridhar -
How to record receipt write off for the PO receipt ?
How to record receipt write off for the PO receipt ?
You can refer this link
http://docs.oracle.com/cd/A60725_05/html/comnls/us/po/rcvacc07.htm
thanks -
Hi All,
Is there anyone who knows if it is possible in SAP to automatically write off a small balance between ($10.00) and $10.00 with a reason code of ZP.
Thanks
SHKHi
See Note 1150062 - FS-PP: Customizing settings for Clearing of Trivial Amounts.
I hope this helps you
Regards
Eduardo -
application :11.5.10.2
We have received prepayment from OM through credit card payment type and it appears in our unapplied receipt register and also in our aging bucket report as credit amount against the customer.
In OM the lines are cancelled due to business reason but there is no impact on receipts and still it is showing as prepayment.
Now we want to write off those amounts from RECEIVABLES.
Can you please suggest any standard or work around process to write off ?
As a part of stardard functionality it cannot be written off as the status shows prepayment.it can be written off only for unapplied receipts.Hi,
Did you set the currency to USD?
The error message means that in the currency you are clearing in, the balance is not nil.
regards -
Lockbox write-offs and reson codes
Hi
I have been looking at implementing reason codes to apply different gl's for automatic write-off for vendor and customer payments. The tolerances are set and the reason codes and gl's are set, however we want to apply this change for lockbox processing as well. The file we are using is BAI2 and I have been advised that we can get a reason code added by the bank to process these write-off's automatically, however I am looking at the file format and I can't work out which field on the file relates to the reason code, I am not sure the format I have is correct. Can some one please advise the correct BAI2 format and which field should hold the reason code. Also if I then I manage to add a reason code is this the correct approach for differences with lock-box
thanks.HI Ravi,
path is
SPRO > Financial Accounting > contract A/R A/P > Basic functions > particular aspects of taxation procedure > tax adjustment for write offs
or
Tcode
FQZ04T
or
FQC0 and type the posting area .
thanks,
VR -
Does R12 Oracle AR Automatic Write Off support cross currencies receipt?
Dear all,
In R12, if the invoice is in USD and the receipt is in GBP, can the automatic write off function support cross currency receipt?
HYHi,
not understanding customized installation instructions , customized means tailored by user , what does the meaning of customized context here?Some times before patching you need to back some custom files and/or customization done to some files.
Using PAA, You can put these custom instructions.
You said "when you run adpatch with preinstall=y, it checks if all the pre-requistes are met or not" but the same from above link says.You are right, the preinstall=y is used "during an upgrade or consolidated update".
Pre-install Mode
Pre-install mode is generally used during the upgrade process to update AD utilities,
apply family consolidated upgrade patches, or work around other patching issues.
AutoPatch asks all startup questions except those relating to the database.
To run AutoPatch in pre-install mode, include preinstall=y on the AutoPatch command
line. It performs the following actions:
■ Compares version numbers.
■ Copies files.
■ Relinks FND and AD executables.
■ Saves patch information to the file system.
It compares vesion numbers, meaning checks for pre-req and does the required copying.
http://docs.oracle.com/cd/B34956_01/current/acrobat/oa_patching_r12.pdf
Thanks -
Project Billing "write-off" options
I'm attempting to determine the best method of "writing off" transactions on direct projects that have been reported as billable, accrued revenue but will never be billed. Please consider the following narrative as an example:
A consultant (consultant x) charges April time and expense to project 10001 in a billable capacity (charged transactions to a billable task). The transactions are cost distributed, revenue distributed and an invoice is subsequently produced. All cost and revenue transactions are produced, interfaced and ultimately posted to the general ledger in April. The month of April is closed in PA and the invoices for the April billing cycle are produced. Project 10001's draft invoice includes those charges reported by consultant x and is distributed to the project manager for approval. The project manager reviews the invoice review and determines that consultant x's transactions will never be billed and instructs the accounting group to write off the transactions.
Challenge: we need a way to "write-off" (reduce revenue and change billing status) transactions that will allow for consistent reporting and measurement. Specifically, we need to be able to determine all write-off's (revenue/billing reductions) in a given period that relate to original transactions from an earlier or different period. In short, we want to establish a policy and procedure for consistently processing and reporting these types of conditions.
Proposed Options:
1) use the "special" non-billable adjustment option from either expenditure inquiry or invoice review to change the billing status from billable to non-billable.
Pros:
a) transactions will remain on the project in the capacity they were reported by the employee
b) an adjustment record will be created in the PA_Expend_Item_adj_Activities table which will include the adjustment activity code (i.e. Billable Reclass, Non-billable reclass, billing hold, billing hold release, etc.)
c) history of who created original transactions and adjustments is available (full audit trail)
d) a reversing revenue entry will be created in the PA_Cust_Rev_Dist_Lines_all table which will allow us to track the dates (gl period) of the revenue adjustment and compare it to the original transaction dates.
Cons:
a) to the average users the transaction on a billable task flagged as non-billable with no corresponding revenue may look unusual because there is no description explaining why the adjustment existed. the only way to determine that revenue existed and was subsequently reversed is to look at item details- revenue details.
b)The revenue write-off will be charged to the same accounts (revenue and inventory) that the original transaction was booked to but in reverse. we don't have the ability to deflect the "write-off" to a bad debt account versus a direct write-off of revenue.
c) The employee's utilization calculations will be impacted by changing the billing status of the transactions and reducing the corresponding revenue. we may need to update the utilization report to reflect these types of transactions differently.
2) use the "special" transfer adjustment option to transfer the transaction from the originating billable task to a non-billable destination task on the project in question.
Pros:
a) the average user will easily see that the transaction in question has been reversed and b) the revenue subsequently written off by the negative revenue on the reversal transaction
c) an adjustment record will be created in the PA_Expend_Item_adj_activities table which will include the applicable adjustment activity code(s) (Transfer Back-out, Transfer Originating, Transfer Destination).
d) history of who created original and adjustments is available.
a reversing revenue entry will be made via e) the negative reversal entry created in the PA_Cust_Rev_Dist_Lines_All table.
Cons:
a) the original transaction is being altered (transferred) by accounting. the integrity of the transaction as it was submitted by the source employee may be compromised.
b) there is no easy way for the average end user to know where the transaction was transferred to. the information is available via ad hoc reporting from database tables but looking at expenditure inquiry for a given project you will not be able to determine where the transaction went if it was transferred to another task and many tasks exist or if it was transferred to another project entirely.
c) The revenue write-off will be charged to the same accounts (revenue and inventory) that the original transaction was booked to but in reverse. we don't have the ability to deflect the "write-off" to a bad debt account versus a direct write-off of revenue.
d) The employee's utilization calculations will be impacted by changing the billing status of the transactions and reducing the corresponding revenue. we may need to update the utilization report to reflect these types of transactions differently.
e) As a common practice, each project will need at least one "non-billable" task to capture such write-off transfers.
3) use a write-off event (both revenue and billing) to reduce the project by the aggregate amount of all transactions in question.
Pros:
a) employee specific transactions and ultimately utilization results will not be impacted by the independent event transaction.
b) by modifying our autoaccounting rules we will be able to book the "write-off" to an account other than a revenue account. (I believe, more research necessary)
Cons:
a) No link back to actual transactions.
b) original transactions will remain untouched and will appear as though they were billed and will show up on the invoice and detail reports to the client along with an aggregated event for the total write-off amount.
Any thoughts or opinions you can provide about the best practice in Oracle will be greatly appreciated.
nullDiana,
Here's another response from a (very) senior Projects consultant. Her comments are in CAPS, so they can be dinstinguished from your comments:
"I recommend following the approach she outlines in Section 2, with the following additions:
SECTION 2) use the "special" transfer adjustment option to transfer the Transaction from the originating billable task to a non-billable Destination task on the project in question. CORRECT.
A) SET UP THE WBS TO HAVE A TOP LEVEL NON-BILLABLE TASK, ON EVERY PROJECT, WITH A TASK NUMBER OF :"WRITE-OFF".
B) WRITE AUTOACCOUNTING RULE , BASED ON TASK NUMBER, TO ENSURE THAT ANY TRANSACTIONS CHARGED (TRANSFERRED) TO "WRITE-OFF" TASK WILL BE POSTED TO A "WRITE-OFF/BAD DEBT" ACCT IN GENERAL LEDGER.
C) CREATE A DFF AT THE EXPENDITURE ITEM LEVEL WHICH CAN BE POPULATED AT THE TIME OF TRANSFER, TO INDICATE WHERE THE TRX IS BEING TRANSFERRED TO. IT IS TRUE THAT TRANSFER ACTIVITY REPORT WILL TELL YOU THIS AS WELL, BUT IF YOU
WANT TO SEE IT ONLINE DURING EXPEND. INQ, THEN DFF IS FINE.
D) AS TO CONCERNS ABOUT "THE INTEGRITY" OF THE TRANSACTION AS IT IS SUBMITTED BY THE EMPLOYEE BEING COMPROMISED, THIS IS CERTAINLY POSSIBLE, BUT IF THIS IS A SERIOUS BUSINESS CONCERN, THEN I WOULD CONSIDER CREATING AN ALERT TO THE EMPLOYEE WHO ENTERED THE ORIGINAL TRX, ADVISING THEM OF THE CHANGE AND REQUESTING THEIR REVIEW AND OR APPROVAL OF THE TRANSFERRED TRX. I CAN SEE THIS BECOMING QUITE CUMBERSOME THOUGH, AND, OVERALL, ACCOUNTING DEPARTMENTS MANIPULATE TRANSACTIONS FOR ACCOUNTING PURPOSES ALL THE TIME AS STANDARD PRACTICE, SO I'M NOT SURE WHY THIS IS AN ISSUE HERE.
E) AND LASTLY, IT IS TRUE THAT AS A COMMON PRACTICE, EACH PROJECT WILL NEED A
'WRITE-OFF" TASK AS A STANDARD PART OF IT'S WBS-- SO WHAT? IT'S JUST ONE MORE TASK IN YOUR WBS. BUILD IT INTO YOUR PROJECT TEMPLATES, AND MAKE IT NOT CHARGEABLE UNTIL WRITE OFFS BECOME NECESSARY. AS TO UTILIZATION, THERE IS NOT ENOUGH INFO IN THE CLIENT QUESTION TO ADDRESS THAT ISSUE PROPERLY.
THAT'S ABOUT IT. HOPE THIS HELPS.
BEST REGARDS, PAT"
null -
SAP IS-Media: Mass write-off leads to reversal of already paid billing document
Hi All,
We have business issue in IS-Media as below
While doing mass write-off using transaction code FP04M, already existed payment document for that particular cycle is getting reversed.
we can see payment reversal document under liability account - payments tab of the order.
We know this is not specific to particular customer.
We would like to understand why while doing write off, already existed payment document is getting reversed. We request experts to help us on this at the earliest.
Looking forward to hear from you.
Regards,
MuneendraHi Tim,
Thank you very much for your answer. When we run the monitoring process program RJKREMIND01, the system generates reversal billing documents to reverse billing documents from orders that have not been paid. This happens when the orders are in the closure monitoring level. The reversal document set in customizing isn't suitable in this case due to fiscal reasons, so we need to change the reversal billing document when we run RJKREMIND01.
Thanks and regards, Renato -
Write off process--BAPI/FM ?
Hi All,
I've a requirement to do write off goods using a program.
I've gone through this thread: [write-off the MM inventory stock;
However, I need a FM or BAPI to pass movement type 551 and cost center?
I understand to write off, that has to be 'borne' by a cost center..so, should I pass cost center also?
Also would appreciate what other implications/ considerations I've to make while carrying out the write off process?
sorry, if am re-posting and this has been answered already..I did some searching but couldn't find hence posting.
Regards,
Raghu.thanks! I was in the wrong direction I was looking for an Inventory Adjustment process which is done using cycle count and differences posted using MI07 which uses movement type 701/702. So decided to use BAPI_MATPHYSINV_POSTDIFF with phy inventory document and fiscal yr etc..
Regards,
Raghu. -
Write off process in dispute management
Can some body throw more ligght on the write off process in dispute management . Including configuration steps(t-code), level of details / AR-table affected etc.
Thanks
NikIn order to write-off dispute case appropriate confiuration needs to be done which includes assigning an "Escalation REason" to Write off a dispute case.
This means that you have an option of writing off all dispute cases with a specific Escalation Reason.
The impact of the write off would that the customer invoice is cleared and written off amount is debited to a GL account defined in the configuration. You also have the option of Cost Center to which this amount has to hit to analysis purpose.
Raj/ -
Can anyone help me telling 'How Write off process with Tcode happens in FICA'. FP04 Tcode using for write off. What are the impact for this in CA, And how it displays in history.
Hi,
Please refer to the following documentation in help.sap.com-
http://help.sap.com/saphelp_utilities472/helpdata/en/14/08723521faee41e10000009b38f889/frameset.htm
There is no SAP standard process that triggers any change in the standard fields in the contract account level for a write-off.
However, from accounting point of view the following entries gets posted-
Bad debt A/c Dr
To Customer A/c.
Thanks
Amlan -
Process of Asset Write off.
Hi
Can any one tell me the process of Assest Write off. Is there any transction for writing off the assets.
Please advise.
Thank you.Prasad,
You can use Transaction Code ABSO for Write off of the asset.
Then system increased the Value of asset as under
Accumulated depreciation ac...........Dr
Asset ac............................Cr
Let me know if you need any other information on this.
Regards,
Venkata Raju -
I am trying to write off a final billing item using FP04. It is giving me the error "tax amount in item 0036 is larger that the tax base amount"
Any help is appreciated....
Thanks,
bhargaviHi Bhargavi,
The error message (msg class->0, msg no.-533) that you are getting is triggerred from a standard FM FKK_FKKOPK_COMPLETE_CHECK, which is called during the Write-off (FP04) via another standard FM-FKK_WRITEOFF.
The error is happeneing because either of the follwing conditions is getting fulfilled for the particular line item (DFKKOPK_OPUPK)
IF DFKKOPK-BETRW > DFKKOPK-SBASW AND DFKKOPK-SBASW > 0
OR DFKKOPK-BETRW < DFKKOPK-SBASW AND DFKKOPK-SBASW < 0
OR DFKKOPK-BETRH > DFKKOPK-SBASH AND DFKKOPK-SBASH > 0
OR DFKKOPK-BETRH < DFKKOPK-SBASH AND DFKKOPK-SBASH < 0.
I think there is some discrepancy in the generation of the invoice. as because this error would have come during the generation of the invoice itself.Please check the SAP note no.599558 for reference.
Also check the SAP notes 1303245 and 914087 in relation to the error.
Hope it Helps.....
Thanks,
Amlan
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