Debits and Credits vs. Account Types

There are a few (and only a few) things you need to understand in order to make setting up your accounting system easier. They're basic (trust me), and they will probably clear up any confusion you may have had in the past when talking with your CPA or other technical accounting types. Andrea Brillantes Scandal Video  

Hello Sheri,
I am on 6.0 I went to the "I" con button but did not see any proceed field.
I do see the checks in the check register that made it from the clearing account to the cash account. But I do not see it in the line item details report. When I used FCKR it run sucssesfully.
Regards,
Frank

Similar Messages

  • Debits and credits from Clearing accounts

    FI Experts,
    We are using t-code FCKR to update the encashment date, which iti is working fine, it is updating the clearing account with the encashment date and also updating the check register to the cash account.
    However this transaction it is supposed to create debits and credits when I run the line item detail reports I don't see the postings in neither account.
    Can someone please tell me how I will be able to see debits and credits in teh clearing account and cash account, after I use the t-code FCKR?

    Hello Sheri,
    I am on 6.0 I went to the "I" con button but did not see any proceed field.
    I do see the checks in the check register that made it from the clearing account to the cash account. But I do not see it in the line item details report. When I used FCKR it run sucssesfully.
    Regards,
    Frank

  • GL TRIAL BALANCE Report debits and Credits Reconciliation

    I am trying to do some GL Account reconciliation and found that when I run the GL Trial Balance report that the Debits and Credits Totals for the account I am interested in do not match the totals in the Account Analysis Report and that showing on the Account Inquiry Screen. The Account Inquiry totals and Account Analysis Report totals agree - showing the same figures but do not agree with the GL TB report figures.
    I've tried to run some sql to get the journal lines details from the journal tables and the output of my query agrees also with the account inquiry screen and account analysis reports totals.
    The ledger is a GBP functional currency book and practically no foreign currencies transactions are going through the subledgers.
    Has anyone seen this scenario before? Could there be a bug in the GL TB report? I've looked in 'My Oracle Support' (metalink) and can't find anything on this.
    Running R12 version 2.1.1
    Thanks.
    Edited by: user12066021 on 08-Feb-2012 02:44

    suggest to create customize TB report.

  • Determination of GL account to be debited and credited.

    Hello,
    Can anyone tell me how the system determines which account to be debited and which account to be credited say at the time of making GRN.  As far my understanding, Debit /credit indicator is attached to each movement type. However that Dr/Cr indicator will only determine debiting or crediting of Inventory account .
    However my doubt is on what basis system determines offsetting entry for inventory to be debited or credited.
    for Example when M.type 101 takes places, Inventory is debited and GRIR is credited.  Inventory is getting debited based on          S (debit) indicator attached to M.type 101. But on what ground system determines that GRIR account is be credited and not to be debited.
    Likewise while doing MIRO also, how the system determines that GRIR account is to debited ( not credited), and vendor account is to be credited (not debited).
    Kindly clarify on the same.
    Warm Regards
    Karthikeyan G
    Edited by: ganesaka on May 27, 2011 12:45 PM

    Hi, other than setting the GL account as a cost element, you can assign a field status group that has internal order as a mandatory field.
    In spro, go to Financial accounting global setting > Document > Line item > Controls > Maintain Field Satus Variant.
    Select the Field status group that you want to change or you can copy any standard group and rename it as a new group. In the group, you will need to go to "Additional Account Assignment". Change CO/PP order to become "Required Entry".
    Hope this helps.
    Best Regards,
    Reverie

  • Payment program not netting debits and credits on vendor

    Hi SAP Gurus,
    I have a problem where I have a vendor that is due to be paid and it is not picking up the debits and netting them against the credits on a vendor account. 
    I have already checked the following:
    1.  The items are due
    2.  There is a payment method on the vendor account.
    3.  No payment methods at the invoice level
    4.  No blocks at the invoice level or vendor account.
    5.  The credit amt is greater than the debit amount on the vendor account.
    Any ideas what may be causing this?
    Thanks for the help.
    Linda

    Hi Linda Irwin,
       You need to define the vendor(Ex:ABC) as customer(Ex: 123) in the vendor master data. After selecting the customer in the vendor master record. You will find in the company code segment under payment tab a new check box " clear with customer". Select the check box.
       Same way in the customer master record(Ex:123 select the vendor(Ex: ABC). Same as above you will find the clear with vendor" check box in the company code segment. Check this check box.
       At the time of Your payment program running, system will knock of the entries.
       Hope this solves your problem. Please assign points as way of thanks.
    Thanks
    D.K.Lakshmi narayana

  • Amounts being debited then credited to account

    Hi, hope someone can help or enlighten me.
    I used the iTunes store to buy the iWork suite with a credit card three years ago. And, I think I may have used the account to buy a few other apps over the past three years. The only music I have purchased through the iTunes Store was with a gift card.
    Anyway, nearly every month since then, a small amount has debited then credited from/to my credit card accouunt. However in July this year my bank statement tells me I had 10 transactions with iTunes when I did not buy anything.
    July 3: My account was credited with 1.98
    July 14: My account was debited twice on the same day for 1.98
    July 17 My account was credited with 3.59
    July 19: My account was debited two amounts: 1.98 and 1.79
    July 24: My account was credited with 1.98 twice
    July 27: My account was credited with 1.98.
    What is going on? Anyone have any clues? I have now set my iTunes account payment method to ‘none’, but I’m really curious as to why this was happening.

    Please see your other post on the same topic.

  • What is the difference between IMAP and Exchange IMAP account type?

    At the server side there is Exchange 2007, but I don't want to use that as there is no possibility to assign mailboxes for sent mail, so which type of account should I set - IMAP or Exchange IMAP? What is the difference between the two?

    Hi,
    *& Report  ZTYPES                                                      *
    REPORT  ZTYPES                                                  .
    * Table declaration (old method)
    DATA: BEGIN OF tab_ekpo OCCURS 0,             "itab with header line
      ebeln TYPE ekpo-ebeln,
      ebelp TYPE ekpo-ebelp,
    END OF tab_ekpo.
    *Table declaration (new method)     "USE THIS WAY!!!
    TYPES: BEGIN OF t_ekpo,
      ebeln TYPE ekpo-ebeln,
      ebelp TYPE ekpo-ebelp,
    END OF t_ekpo.
    DATA: it_ekpo TYPE STANDARD TABLE OF t_ekpo INITIAL SIZE 0,      "itab
          wa_ekpo TYPE t_ekpo.                    "work area (header line)
    * Build internal table and work area from existing internal table
    DATA: it_datatab LIKE tab_ekpo OCCURS 0,      "old method
          wa_datatab LIKE LINE OF tab_ekpo.
    * Build internal table and work area from existing internal table,
    * adding additional fields
    TYPES: BEGIN OF t_repdata.
            INCLUDE STRUCTURE tab_ekpo.  "could include EKKO table itself!!
    TYPES: bukrs  TYPE ekpo-werks,
           bstyp  TYPE ekpo-bukrs.
    TYPES: END OF t_repdata.
    DATA: it_repdata TYPE STANDARD TABLE OF t_repdata INITIAL SIZE 0,   "itab
          wa_repdata TYPE t_repdata.                 "work area (header line)
    Refer this link
    http://www.sapdevelopment.co.uk/tips/tips_itab.htm

  • F110 for vendor invoices which are debits and for credits BVTYP are used

    Dear all,
    I have the following situation:
    - 1 vendor with many documents to pay
    - some documents have 1 line item that is a debit (positive value in FBL1N)
    - this vendor has 2 bank accounts in master data and I would like to pay the second one, so the Partner Bank Type (BVTYP) field is filled with number 1 and 2
    - before payment at FBL1N, I execute the mass modification of all documents putting the number 2 at the BVTYP field
    - but when I execute the proposal at F110, only the documents with debit have error: No pymt possible because items with a debit bal, but the total is credit for vendor
    I have seen that when I do not fill the BVTYP field in the documents, the F110 is executed normally, I mean, it considers debits and credits (we have previously created a new payment form for this kind of vendors, one that could consider debits and credits).
    PS: at FBL1N, when I open the document with the debit item, it doesn't show the field BVTYP.
    Is there any kind of configuration that I have to make to F110 start considering the filled BVTYP field?
    Thanks in advance.
    Kathia Tsuboi

    Hi Abhi,
    I have created some queries for the same. COuld you help me if I am going in the rite direction.
    I have created a query to find the suppliers which are not being used in the POs for the past one year by using the below query: But for invoices and payments to be included, I am finding it a bit difficult....need help..............
    --FINAL QUERY                                  
    SELECT vendor_id, vendor_name, creation_date, last_update_date
    FROM po_vendors v
    WHERE v.end_date_active IS NULL
    AND v.enabled_flag = 'Y'
    AND NOT EXISTS (
    SELECT 1
    FROM po_headers_all h
    WHERE h.vendor_id = v.vendor_id
    AND h.creation_date(+) BETWEEN (SYSDATE - 365) AND (SYSDATE))
    ORDER BY vendor_id DESC
    Is it possible to send me the program so that it would be helpful for me to use it.
    email: [email protected]
    Help Greatly appreciated.
    Thanks
    Aman

  • Table for account types

    Hi ,
    What is the table for Account types and Texts for account types.
    Thanks in advance.

    Hi
    The tables for account types is T071
    Regards.
    Jeetendra.
    Edited by: JEETENDRA CHOUDHARY on Jul 21, 2008 12:12 PM

  • Cash sales which account will be debit and credited

    Hi All,
    Please let me in the special sales process.
    1. Cash sales
    2. Rush order.
    1When do the cash sales which account will be debit and credited.
    2. When do the rush which account will be debit and credited.
    Aditya.

    Hi,
    Rush order is like a normal standard sales order.
    Customer A/C - Debited
    Revenue A/C - Credited
    Cash Sales:
    Cash A/C - Debited
    Revenue - Credited.
    Revenue accounts are like discounts, prices, frieght...Etc

  • MIRO(STOCK IS DEBITING AND LANDING CHARH=GES ARE GETTING CREDITED)

    We have done MIGO fro goods receipt where the following entry is getting passed
    Stock  A/c Dr
    GR/IR  A/c     CR
    Landing charges  CR(provisional entry)
    When we are doing MIRO the stock is again getting debited and landing chargesa re again getting credited where as it should be the reverse entry.
    i.e at the time of MIGO we have passed a provisional entry for landing charges  Rs25000. Now at the time of MIRO where my actual landing charges are Rs20000 it should pass the following entry
    Landing charges Dr 5000
    Stock                Cr 5000
    whereas it is again passing the first entry by 20000.
    Please suggest
    Regards,
    Sumeet

    Hello,
    Thanks for your reply. Actually at the time of MIRO it is passing Landing charges as Credit and Stock debit.
    Stock Dr
    Landing Charges Cr
    whereas it should pas the reverse entry.
    Does there could be any problem at th time making of PO Conditions as we are using ZLAN Condition type for landing charges in the PO.
    I Have tested the scenario in the deveolpment server its going fine,
    Could there be a problem in making of PO.
    Regards,
    Sumeet Chopra

  • Field Selection error for movement type and G/L account

    I am currently experiencing a field selection error between movement type 601 and G/L account 7140000.  The problem field is 'Segment'.  This field is set to required for the G/L account, but it is hidden for the movement type 601. This inconsistency causes an error when posting the goods movement. According to business requirement the field must be required for the G/L account, therefore we must make this field optional for the movement type.
    However, in configuration the field segment does not appear for the movement type 601. Therefore it can not be changed to optional.
    Does anyone know a workaround other than making this field optional for the G/L account because the business requirement is to have this field as required?????
    Many Thanks

    Hi,
    On the Error message detail, system will guide you to the Configuration details for Field settings for Movement type & Account, please get in touch with your FI consultant, to make the Field selection for the account similr to that of your movement type, this is a very common issue.
    Regards
    Chandra Shekhar

  • Account type M and G/L account with open item management not permitted

    Hi,
    I am getting the following error while applying VL02N (PGI) is "Account type M and G/L account with open item management not permitted".  Before I got an error like posting period and I have closed those posting periods 2008/08 and 2008/07.   Now I am getting this error. 
    Please provide the solutions to overcome this and I want to execute the full transaction.
    Thanks in ADVANCE.
    Kishore

    Hi Kishore,
    Please check these threads
    Account type M and G/L account with open item management not permitted
    Re: Account type M& GL with open item managment not permitted error
    Posting to G/L accounts with open item management are not permitted
    Hope this would help you.
    Good luck
    Narin

  • Period 001/2010 is not open for account type S and G/L 799999

    Hi friends
    I am in SD. I am trying to create stock for newly created material, movement type 561. system give error Period 001/2010 is not open for account type S and G/L 799999.
    I use the T. Code OB52, i am confuse which combination i.e. variant, A, from Account, To Account, from per. 1 Year, To period, Year, from per. 2 year, To Period, Year, I should choose, can some one send me detail reply and solution which may display after this t. code OB52. I also have questin which movement type i should use.
    Using T.Code MMPV, i have created new period (from company code 1000, To Company code 1000, period 01, Fiscal Year 1020.
    I was reading previous solution, one of them was i should close period 2009. I tried to do this using using MMPV, i entered fiscal year 2009. Error display  The specified year 2009 is not the current calender year.
    Thanks
    Raj

    Hi
    Hope you are doing this in test server
    If this is a real time issue this needs to be addressed by a FI consultant
    First see for your company code what is the posting period varient maintained in OBY6
    Say if it is 1000
    Then in OB52
    Maintain a setting like this
    1000-S-BLANK-ZZZZZZZZZZ-1--2010122010-13--201016--2010
    Then save it
    This is for Account type S that is GL accounts
    Preferably maintain the same for      A,   + ,   D,   K,   M,   V
    Regards
    Raja

  • Account group and Account Type.

    Hi all,
    Could you please tell me the diferences between <b>GL Account group</b>  (<i>by example cash, expense, revenue</i> ....) which we define in IMG - Financial Accounting - General Ledger Accounting - G/L Accounts - Master Records - Preparations - Define Account Group and <b>Account Type</b> (<i>by example: Vendor, Customer, Material, GL Account</i>) which is in the screen "create account type" IMG - Financial Accounting - Financial Accounting Global Settings - Document - Document Header - Define Document Types ?
    Thank you very much.
    Sylvecast

    Hi
    Account Group Controls the Master records. It controls the number range of Master record and Field status group (Supress, Required, Optional and Display) also. SAP follows a Grouping principle all throughout SAP to handle the Master Records that may be in GL, AR AP any thing. See to create a GL Account group you define at OBD4 there itself you assign the Number Range or those groups which also controls Field Staus of GL Master Records. And for Creating AR and AP Master Records you create at OBD2 and Vendor at OBD3 which will also controls Field Status Group of And Number range of Master record. The only difference between GL and AR/AP is assigning of number range. For GL will specify at OBD4 itself but for AR/AP we need to create a number range at FBN1 then assign to AR And AP at OBD2 and OBD3 respectively.
    One more thing. Remember only Field Status group of Master recard (OBD2, OBD3, OBD4) only contain Display option but not to Posting Key or Field Satus Group (OB41 or OBC4). I am so specifing becoz I commited this mistake in one interview.      
    In summary, the account group controls:
    i) The number ranges of the accounts,
    ii) The status of the fields in the company code segment of the master record.  Since a chart of accounts contains many different types of accounts, they can be bundled into different "account groups ". Usually one account group bundles 
    accounts with the same tasks within the general ledger, e. g. cash accounts, material accounts, asset accounts, profit and loss 
    accounts,...
    Surendra

Maybe you are looking for