Billing Document's Accounting entry

Question

Hi Experts,
During the generation of Accounting document for Billing document of SD Module which include Discount, I am getting an error saying ' Maintain CO object for gl acct : ...."
Now the G/L Account that it is showing in error is of expense with a cost element category 1 - Primary Cost.
I want entry to be passed as:
Cr. Revenue
Dr: Discount
Dr. Debtor
Now for such entry do we need to have 2 different GL's:
1 for revenue and 1 for discount.
or is there any setting in SD or FI for such entry.
Thanks,
Sonali.

Answer 1

Hi sonali,
Bill discount entries normal package & SAP:
Normal A/C:     
                 a. Sales        Customer A/C    Dr
                      To sales A/C
     b. Bill of exchange payment:
               No Entry
     c. Bill discounting
                              Bank current A/C    Dr
                              Interest A/C             Dr
                                To Bank bill discount
d) Report to view customer wise, Bill wise due data wise and bank wise out standing available in SAP
e) Contingent liability
     Bank bill discount A/C Dr
          To Customer A/C
SAP:
      a)     Customer A/C          Dr
           Sundry Debtors A/C Dr
                To Sales A/C     
     b) Customer special G/L (W) A/C   Dr (Bill of Exchange)
     To Customer with clearing A/C
              (Sundry Debtors)
     Bank A/C    Dr
            Interest A/C Dr
       To Bank Bill discount A/C 
The above 2 entries together
     Bank Bill Discount Dr (with clearing)
       To customer special (w) with clearing
            (Sundry Debtors bill of exchange)
May be this information is useful toyou
Regards
Surya