Cash discount received in AP Invocie
hi ,
can anyone pls let me know , how can I have the discount amt to be exhibited once they post the invoice. I know it shows in the payment document, but the users want to know when they post the invoice , based on the payment terms.
pls let me know.
thanks.
Hi,
It does not make a business sense to post the discount at the time of invoicing, as we donot know whether the conditon of discount will be followed on payment. When the payment is made then onnly the system calculates the dicount as per the payment term.
To make it more clear as per the term 0-15 days 10 discount and 16-30 days 5 % dicount and 35 days net. We can not post 10% dicount at the time of invoicing as quite possible the payment happens between 15 to 30 days or may after that. Also as per the accounting standard you can not post a gain untill it is realised. so both way it is incorrect.
Hope this nakes sense.
Assign points, if you thin so.
Regards
Bharat
Similar Messages
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Not able to post vendor payment in case of Cash discount received
Hello
We are on SAP ECC 6.0
I'm not able to post an outgoing payment through F-53 T code when cash discount is received from vendor due to early payment before due date.
I get the following error message -
Tax code V0 for country IN has been deleted or incorrectly changed
Message no. FS201
Our tax calculation procedure is TAXINN and we are an indian company in India.
GL account for cash discount received is already defined in OBXU t code for SKE transaction key tax code wise.
V0 tax code is defined through FTXP.
I'm able to display correct cash discount amount and cash discount % when i click on select process open item in F-53 after entering document date; posting date; company code; currency; Bank GL A/c; Amount (Net of discount); value date and Vendor Account.
What am i missing? Why am i not able to post vendor outgoing payment?
Is it possible to post cash discount received to the credit of Stock / Inventory Account as quantity received is not consumed or quantity is lying in inventory?
Thanks.
VimalHello Chintan
I have assigned GL A/c in OBXU t code with and without reference to tax code.
Still, i am not able to post outgoing payment when cash discount is received as i am paying it before due date.
Cannot i take credit of cash discount received to Inventory / Stock Account?
Is cash discount received always posted to non-Inventory / non-stock GL Account?
Thanks.
VS -
Post-Capitalization of Cash Discount for Asset
Hi,
We are in ECC 6.0 and have activated Document Splitting.
Further, have provided asset field in Define post capitalization of cash discount to assets in Document Splitting of SPRO.
After the both, my expectation is to see the entry as stated by SAP in the scenario of Post-Capitalization of Cash Discount for Asset.
But unfortunately, the discount amount is not being capitalized on the payment date, but is being posted to cash discount account.
Kindly let me know what mistake i might have carried for this.
Thanks and Regards,
Purna.
Scenario: Posted invoice for asset purchase using F-90 with payment terms as 2% cash discount if paid within 15 days.
Assume: Asset purchased on 06.01.2012 and as per the payment term if paid before 20.01.2012 i will get 2% cash discount.
Have made the payment to vendor using T-code F-53 on 10.01.2012, even though i see a cash discount is being calculated as required, but the account is an cash discount received account. Instead, what i was expecting is the asset account.
Hope, my question is being clear and i will look forward for a reply.Hi,
Please check your config below.
IMG->FA->AA->Transactions->Acquistions->Prevent Subsequent Capitalisation of discounts...
If the indicator is set for your company code, system will not capitalised the subsequent discounts.
Regards,
Srinu -
Cash Discount on procument value
Hi All,
We have a scenario in commission basis sale for cash discount as below.
Procurement.
Vendor procurement value- 100
Cash discount to vendor if within 5 days - Rs.2
The same procured material will sold to customer.
( In this while receiving the payment from customer cash discount needs to calculate on procurement value)
Sales.
Customer Billing value (procurement value + company Commission)= 100+5 = 105
Customer cash discount on procurement value (means 100/-) if customer pays within 5 days = Rs.2/-
The Idea of doing this is cash discount received and paid should be matched,
In FB70 we can maintain cash discount base amount manually or while receiving the payment we manually modify the cash discount amount. But it should be automatically since transactions are in huge valume.
Kinldy help in this.
Thanks in Advance
SahilHi,
Maintain Cash Discount GL in T.Code: OBXU, then system pick gl automatically
Regards
Viswa -
Cash Discount in Segmentation Accounting
Hi Experts,
I'm using B1 2007 B. I have defined segments in Coa for Branches and Division. I have 4 branches and 5 Divisions. Now I require that I want to post the cash discount also based on this segmentation. ie I want seperate cash discount received/allowed account to be debited or credited each at the time of payment (incoming / outgoing) based on the invoice.
I have noticed that the cash discount account is taken fromG\L account determination so that it will be common for all branches/division. Is there any method or workaround?
Please Advise.............
Thanks & Regards
JaicsRemove the Cash Discount Account from the G/L Account Determination Window.
Now when you post a Incoming/ Outgoing Payment, System will show an Error, 'No Cash Discount Account is Defined'.
Now set the Cash Discount Account in the G/L Account Determination Window and post the Incoming/ Outgoing Payment.
After Payment is done, Remove the Cash Discount Account from the G/L Account Determination Window. -
Hi , Friends,
My client has a scenario where in some purchase orders , he receives the discount after tax.
when I add the discount (absolute) after tax in the m/08 , the net price changes and the tax is calculated on this new net price which is wrong & not required .
Friends tell me what chnages I need to do so that discount is calculated after Tax & VAt and the ideally what should be the accounting entries in MIGO and MIRO.
if the gross price is Rs 100
tax is Rs 10
and discount is Rs 5.
Thanks in advanceHi Dgn,
What type of industry sector your client belongs to. But as a standard practise, cash discounts are captured before adopting the Tax or VAT through Invoice.
We will calculate the accounts payable:
Usually below is the scenario for taking the discounts from the vendor in the process of purchaing:
will take your given figures/values:
Eg. (1)
Total gross price: 100.00 INR (as per your client)
Discount: 5.00 INR (-ve)
95.00 INR
then adopt, Tax (10%): 9.50 INR (10% on gross ( = 9.50 INR) : goes to govt. for tax depart.
that means, the total amount: 85.50 INR payable to the vendor (A/P)
But, where as in your case /as per client,
(2)
Taking your eg. Total gross price: 100.00 INR (as per your client)
Tax amount: (10%) 10.00 INR (10% on gross = 10 INR) : goes to govt. for tax depart.
110.00 INR
then taking, Discount: 5.00 INR (-ve)
that means, the total amount: 105.00 INR payable to the vendor (A/P)
(1): 85.5 INR < (2) : 105.00 INR
So, in 2nd scenario, your client has to pay more to their vendors & also more tax in the process of purchasing compare to the usually procedure (1). Other wise your client has to pay extra 20.00 INR. Hence option 1 is the rightone.
Pls check with your client again and suggest them further.
Hope you understood.
Regards,
Sapsrin. -
Cash Discount taken after overdue
Hi,
I am a supplier to an SAP customer.
Our Terms are 2% net 31, from receipt of the product.
They 'always' take the 2% discount, though often they write the check in 32-35 days (the weekends are not the reason for the delay, as they receive usually on Thur-Fri and cut checks on Wed or Thursdays)
My question is, I 'presume' SAP has a configuration option on their system to
1) -- only take the 2% discount when they cut the check within 30 days of 'receipt' of the product into their warehouse. (they use SAP for GL, AP, Inventory, etc - so all information needed to make the correct payment is stored in SAP)
2) -- if the check is cut 'after' 30 days, the SAP system should pay the full amount.
Is my understanding correct on how the SAP system should be able to process? They are a Unix based 'very large' customer, and are on a somewhat recent supported code level.
Can anyone advise me where this type of configuration is done in the SAP system?
Can this configuration be set at a 'global' level for all customers?
Can this configuration be set at a 'local' level for specific customers?
Thanks in advance for any ideas.
SAP NewbisDear SAP newbie,
herefollowing as the Discount functionality works:
FBZP > Max cash discount ACTIVATED, during F110 the maximum cash
discount will always be done even if the due date is expired.
OBB8 > Term of payment Term Percentage No. of days
1. 10,000 % 30
2. 0,00 % 60 !!!!!
3.
!!!!!this is important, if You don't insert the number of days of 60
linked to a blank percentage, the System will take always the 10,000%
even if the due date is expired
If You define by OBB8 >
Term of payment Term Percentage No. of days
1. 10,000 % 30
2.
3.
the System teoretically should take the 10,000 of cash discount but if
during the invoice You insert manually the discount amount (technical
field BSEG-WSKTO), the system will take this amount instead 10,000 %.
I hope this can help You.
Mauri
Edited by: MAURIZIO BIANCOTTI on Mar 2, 2011 5:48 PM
Edited by: MAURIZIO BIANCOTTI on Mar 2, 2011 5:49 PM -
Dear sir,
Im processing invoice FB-70 for customer DM01 with payment term 0002 (14days cash discount 3%, 30days due date).
But when I Process partial incoming payment (F-28) for 3 times in 14 first days, it doesnt deduct cash discount for each times , but it deduct for amount of receivable.
Help me deduct cash discount for each partial payment.
Thank you,
HangvtHi,
<b>Gross Posting:</b> In the case of gross posting, the cash discount amount is not taken into account at goods receipt or invoice receipt. The cash discount amount is not posted until the payment program is run, and then it is posted to a non-operating income account instead of to the stock account in question.
<b>Net Posting:</b> In the case of net posting, the cash discount amount is credited directly to the stock account. However, this procedure affects the stock account only if the material is valuated at a moving average price. If the material is valuated at a standard price, the cash discount is posted as a type of price variance. You can use net posting for goods receipts and in Invoice Verification. If you post the goods receipt net, it is best to post the invoice net; otherwise, the net posting at goods receipt would be canceled.
Regards,
Sachin -
Cash Discount has become unrestricted
Dear Experts,
I have configured cash discount through payments term route. I have also maintained the SKTO condition in SD in pricing procedure. The issue is that while clearing (F-32) the system is accepting whatever discount we are entering. It is even accepting cash discount values greater than the required amount. We want the system to calculate the correct discount only and not accept any other value.
Please help with your valuable suggestions. Please explain in as much detail as possible.
Warm Regards,
MukeshHello,
Go through the below discussion this may help you.
Discount received
Thanks -
F110 incorrectly grants cash discount to direct debit customers
Hi,
I am running F110 to execute direct debits for certain customers in Europe. Everything works fine except for one "error"
it consistently include cash discounts on customer invoices which are way past net due date. F110 run date = 8/10/10, next run date 09/10/10. And yes, additional logs in the F110 parameters are set. See excerpt from display log below:
Due date determination additional log
Document 8130000238 line item 001 via EUR 300.00
Terms of payment: 07/01/2010 10 3.000 % 30 0.000 % 0
Customer receivable is payable on 07/11/2010 with cash discount terms 1
Include customer items due by 09/10/2010
Item should be paid now
Item is due with 3.000 % cash discount
All other invoices are calculated correctly. For the above, the cash discount base is set correctly What could be wrong?
JohanPosting date is todays' date (e.g. August 10th, 2010).
This is a large Retail implementation with very fragmented areas of responsibility. I have checked all known posts and blogs and come up with nothing. Payment terms and payment methods are both present in the customer master record. When I run the Payment Proposal today with only two customer invoices to be paid, I have the following settings:
1. invoice with 2.5% cash discount - 10 days / 30 days net. Invoice, posting and baseline date = 08/12/2010. $13.32. The system
correctly calculates 2.5% cash discount for this item
2. invoice with 3% cash discount - 10 days/30 days net. Invoice, posting and baseline date = 08/01/2010. $100, no VA. The
system incoorectly gives this customer a cash discount of 3% for this invoice - see below
Parameters in F110: Posting date = 08/16/2010, next payment run 08/26/2010, Docs. entered up to = 08/16/2010, Customer items due by = 08/26/2010, this one cust. is psecified, payment method = E (direct debit) etc.
==> Display log for invoice # 2, $100.-:
Due date determination additional log
Document 8130000263 line item 001 via EUR 100.00
Terms of payment: 08/01/2010 10 3.000 % 30 0.000 % 0
Customer receivable is payable on 08/11/2010 with cash discount terms 1
Include customer items due by 09/05/2010
Item should be paid now
Item is due with 3.000 % cash discount
Payment method selection additional log
Payment method selection for items due now to the amount of EUR 97.00
Payment method "E" is being checked
Bank details are being checked
Customer/vendor bank details are being checked
System reads house banks and checks if they are allowed
Our bank 20030 is being checked
For currency EUR and 000 days 500,000,000.00 are planned
Available amount is enough, 499,999,986.68 EUR still available, 97.00 necessary
House bank is selected ...
Our bank details 20030 20030 are used
Bank details of the partner with ctry DE bk no. 12070000 acct 01234567899 are being used
Payment method "E" is permitted
Does anyone have any clue what's going on??
Edited by: WickedViking on Aug 16, 2010 7:24 PM -
Lockbox Issue with payment on exact day as Cash Discount Days 1 Due Date
Dear Gurus
We are running into an issue in as much as when we receive a payment against our Lockbox on the exact day as the Cash Discount Days 1 due date the system posts this as an on account posting as opposed to applying the cash against the open receivable and posting the difference to the Cash Discount Account.
E.g. Invoice 10000 Payment term 34 days 2% Net 35. I created the AR invoice today with invoice date and posting date of Oct 9, 2009 and posted the same. Received payment $ 9800 on Lockbox file today Nov 12 using the BAI2 format Lockbox file and found that the system did not even show the invoice # on the Lockbox reports but it recognized the customer based on the MICR # and posted an on account payment. It gave the error" F5 263 Difference too large for Clearing"
The users have prior complained that this situation arises in F-28 as well where they would have to force the discount instead of the system recognizing the same if cash was being applied on the same date as the Cash discount Days 1 due date.
Any help in this regards will be geratly appreciated and points awarded.
Regards
Satpal NarangHi Satpal,
Please check the net due date of the document which you are trying to do the payment. As it is critical information to calculate the cash discount.
I hope this helps.
Regards
Ravinagh Boni -
Assignment in Cash discount GL is not populating Billing no & customer no
I have done settings for cash discount GL seeting in customising. Now when i use F-28 or F-32 , We charge balance amount to discount manually in standard.
Suppose a debit in customer account 2000 INR. But we receive bank GL 1900 INr & entered 100 ( discount GL) in cash discount feild in Tcodes F-28 & F-32.
Entry will come
Bank account debit
Discount Gl account debit
Customer credit
when i see assignment of Discount Gl is billing document . But it does not populate it even though i have customised the sort key. If i see BSEG entry nowhere billing document & customer comes for that discount line item with posting key 40.
I want when discount is entered. it should automatically copy billing doc no & customer no in some special feilds like Assignment / Reference etc. discount line item for that Gl account . So that when i analyse discount report on basis of GL account i can make out that how much discount was granted against which billing doc & customer. ???hi
Please do check once again u can have properly identified the characteristics at the multiprovider i.e selecting the characteristics from different data targets.i.e there is an option at the right side panel top to identify the charactersitcs that are assigned to the multiprovider.
Click that and mark them tick for release date...if already once cross check them
check u has identified release data at multiprovider from dso y and pr number at mutliprovide from x and y.
Edited by: vamsi talluri on Sep 25, 2008 7:51 AM -
Payment terms GL for discount received
hi all,
i have defined payment terms and have assigned the payment terms to the customer master record and successfully posted the document too. but i dont see any amount in the discount given account .
i have assigned the GL account in the transaction code OBXU.
can anyone please let me know if i have to set the gl account else where too???
vinilaHi Vinila,
If it is for customers, you have to assign the GL accounts in OBXI - Discount expenses
OBXU is for vendors - Discount received
Also, you will get the cash discount entry only on payment. Hope you have posted a payment entry.
Regards,
Mike
Edited by: Michael Gerard Leo on Jun 18, 2009 2:41 PM -
To get cash discount for my payment term
Hi there,
To get cash discount for my payment term, I make configuration as below
*Step 1: Create a payment term in Maintain of Payment term
On immediate payment 5 % cash discount
*Step 2: - Define acount for Cash discount taken
- Define acount for Lost Cash discount
*Step 3: Assign the payment term to my Vendor
*Step 4: Post a new invoice
*Step 5: Clear it with payment immediately
But I still don't receive cash discount
Please show me the reason and how to check configuration
Kind regards
MinhtbHI,
Follow the path
Financial accounting ->Account receivables and payables ->vendor account->business transactions->outgoing invoice/credit memos->maintain terms of payment.
In this percentage coulumn u can maintain discount rates.
Pleasa assign points if useful.
Regards,
Shradha. -
Hi experts
please give me solution for how to calculate the cash discount on vendor line items
as per the payment term within 30 days 15% cash discount , if we pay the amount before due date(any day from 1 to 30 days) we will receive the cash discount as per standar system , cash discout =amount percentage/100 (ie 10000015%)
But My requirement is like this
paymant term is within 30days 15% cash diacount
baseline date is 1.12.2011
my payment date is 11.12.2011
i want to calculate cash discount like this Casch sdiscount =10000015/10020/365( 20 days before net due date)
is it possible to calculate the cash discount like this.
please advice me any otherway to do this requirementN Konnipati
your rite we dont have such type of Cash discount in standrad SAP (Day wise ) but can we go for the vendor line item interest calculation with the help of payment term but system calculating the interest after net payment due date but it is not calculate how many days before we paid (day wise)
i have followed this steps OBB8,OB46,OB82,OBAC,define time bsaed terms,OB83, Maintain interest rates for vendor operations(brazil),OBV9 and assigne forms for interest indicator.( in master data fs00 and fk02 interest indicator has been assigned)
can u advice any other steps i want to do for item level interest calculation
regards
marikeri
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