Incoming Payments posting to bal. sheet adjustment account

hi Sap consultants,
I have a situation where one company is in china and the other in Europe.
when posting incoming Payments to the european com in a foreign currency the system posts
Debit to Bank account,
credit customer Payment,
Credit exchange rate Realised gain account
when posting in the company in china
system posts
Debit to Bank account,
credit: customer Payment,
credit: exchange rate Realised gain account
credit: Bal. shhet adjustment ac.
Ive checked the Settings in customizing and the reconciliation account for both companies are same
Chart of Accounts     1000
G/L Account           1150000
Currency                  -
Currency type          -
Ex rate diff Real
Loss                 7201009
Gain                 7200009
Valuation
Val.loss 1           7201000
Val.gain 1           7200000
Bal.sheet adj.1    1150900
The Acounts are all set up the same, the invoices are in foreign currency and I cant find the setting where it post this extra line item in the company in china and not in Europe.
Does someone know why this takes place.
Thanks
Dave

HI,
During valuation differnces is posted to FX. This entry is reversed in subsequent month.
These is reversed when you carry out actual clearing. That what where ur entry are standing. This is automatically carried out by the system.
I hope that during valuation (f.05), option for actual posting is selected and as such theseentry is generated.
The solution to this is reverse the valauation run.
Also, please check setting for Valuation and revaluation.I don't have much exposure to it but yes some experts can express their experience,if any
Regards,
Atul

Similar Messages

Balance Sheet adjustment account is picking while booking Customer Payment

Hi,
We have booked Cusomter invoice in USD(foreign currency) for example - 100 USD and then we have received the payment 100 USD from the Customer.
When we are trying to book this 100 USD payment against the Customer Invoice 100 USD, when we simulate the document that time system is picking Balance sheet adjustment account.
If anybody faced such kind of issue, please share your thoughts.
Thanks,
Ramesh Red

Balance sheet adjustment account might be due to the excange rate difference and as per setup in transaction OB09.
Do a complete simulation, then all lines should appear for that document totalling zero.
Regards,
SDNer

Balance sheet adjustment account getting posted when customer clearing

Hi All,
Since lately when clearing CERTAIN customer open items when there is an exchange rate difference, its posting in to the balance sheet adjustment account instead of the gain/loss P&L accounts.... What can be the reason to this? When does the balance sheet adjustment account gets posted other than during the monthe end exchange run?
Thanks
Maleeq

Hi
Check settings in OBA1
Thank You,

Reval Balance sheet adjustment account splitting to Constant Profit Centre

Hi all
I am performing currency revaluation for Vendors.
Document splitting is active u2013 Cost Centre u2013 Profit Centre - Segment
The original invoice was split between two Cost Centres.
I revalue the invoice currency using FAGL_FC_VAL.
The batch processing -SM35- runs and gives a posting document number.
When I examine the document, the GL account created as the Balance Sheet adjustment account in OB09, is posting through the Constant PC and Segment.
This is then creating Zero balance lines in the CO-FI reconciliation account.
The expense/revenue account for gains/losses is being correctly shown in the Profit Centre.
My question is whether the Balance sheet adjustment account for unrealised exchange gains/losses should be using the constant PC and segment, or whether this is due to an error?
Any advice is appreciatedu2026

All I had to do was change the Field Screen Variant to G004 to enable the SM35 in picking up a cost centre> Job done

Balance sheet adjustment account for Foreign Currency Valuation

Hi all,
I know that we enter AP /AR balance sheet adjustment account for Open items account when we configure for Foreign currency valuation with Tcode OBA1 and KDF. I wanted to know what account can I enter in that field for other balance sheet account which are not open item managed?
Also, Do we valuate GR/IR accounts in foreign currency valuation?? If yes, what balance sheet adjustment account do we enter for those accounts?
Thank you.

HI,
The valuation of <b>foreign currency balances</b> requires a special key that is assigned the gain and loss accounts for posting any exchange rate differences that occur during valuation. You can freely define this key. You then enter it in the master records of the accounts that you want to valuate. To post the differences that are determined from a group of G/L accounts to the same gain or loss accounts, enter the same key for all these G/L accounts.
Create the Create here with Tcode OBA1 and KDB-Exch. Rate Diff. using Exch. Rate Key
And assign this in the GL account master in the Control Tab.
Thanks
Vijay

Balance Sheet adjustment account in exchange run

Hi All,
From 2009 onwards the balance sheet adjustment account used during the month end exchange run is getting posted when doing a custome or vendor clearing. This didn't happen prior to 2009. This balance sheet adustment account usually gets posted only at the month end and get reversed on the following day. but now even though the revese happens still there is a balance prevailing in it.
Prior to 2009 there were no other posting to these balance sheet adjustment accounts other than the month end valuation adjustments. What can be the reason for this sudden change? The auditors are questioning this an I need to give them en explanation. Can someone tell me why this issue suddenly happened?
And also i would like to know, do open item valuations at the month end reverse on the following day or is it only valid for balanced maintained accounts?
Thanks,
Maleeq

Hi Dominic,
Thanks for your prompt reply. When analysing the specific baance sheet adjustment account i realised that there have been reversal entries on the 1st day of every month. This should confirm that the reversal postings have happened.
In addition to these entries, when certain customer open items are cleared this account gets hit. The addition of all these hits are equal to the final total of the balance sheet adjustment account. (which should be usually zero). I also realised that these hits during customer open item clearing are documents from yrs 2008 and 2007. Could this have an impact in hitting the balance sheet adjustment account?
Looking forward to hear from you!
Thanks in Advance,
Maleeq

Balance sheet adjustment account usage in clearing

Hello,
I am doing a clearing (F-03) on a bank account which has a foreign currency. Because of the differences in amount a document is generated automatically. The strange thing is one of the line items of this document is balance sheet adjustment account (which is specified in OB09)
For all the other clearings in foreign currency; the posting is between bank account and forex gain (or loss) account. My question is, in which circumstances balance sheet adjustment account comes into play in F-03?
Thanks.

Hello,
all of our main bank accounts are open item managed. But only for one main account balance sheet adjustment is required. I checked the open items on the account and they are from different fiscal years. Could that be the reason?

FICA question- Incoming payment posted to wrong account & processed as refund

Need validation if the process recommended in following scenario is appropriate & any advise would be appreciated:
We have a few contract accounts where the incoming payment was posted to worng contract account. Then instead of reversing the doc & moving it to clarification & posting to correct account , the cashier assuming the customer has made payment in error , initiated a refund & an outgoing payment doc was generated after payment run. In some cases the check was issued to the customer.
What we think the right process would be as under:
1. Reset clearing on outgoing payment doc. The incoming payment doc will now be open. There will be additional debit entry of equivalent amount for the reset clearing.
2. Reverse the incoming payment doc & post it to clarification. From Clarification , post it to correct contract account.
3. For the debit entry on the contract account, there are 2 possible scenarios for clearing:
         sceanrio 1: In case the check was sent to customer , get the customer to make the payment. This incoming payment will clear the debit entry.
         Scenario 2: If the check was stopped in time , a credit posting of equivalent amount should be posted to bring account back in balance. For standard incoming payments we use doc type IC. In this case as this is credit entered to balance account (not truly an incoming payment) can the same doc type be used or a different doc type is recommended.
I am not a FICA consultant & this might be a very basic question
Thanks in advance for any recommendations.
Satish

Receivable adjustment works like this:
Current situation:
Customer                        Revenue                               Receivable
100 |                                  | 100                                100|
After receivable adjustment, it looks like this:
Customer                        Revenue                               Receivable                  Bad Debt Expense
100 |                                  | 100                                100|                                        |
                                                                                        100                        100
Receivable adjustment does not adjust the customer balance/open items. It only takes $ from the receivables and moves them to a separate g/l account.

Incoming payment posting error f-28

Hi,
here i trying to post incoming payment from customer after discounted amount t-code f-28 , i am getting error message like this:
Acct determination not defined for trans. SKT in chart of accts S501
Message no. F5113
Diagnosis
An automatic posting cannot be created because the account determination for transaction SKT with keys is not defined in chart of accounts S501.
System Response
The document cannot be posted.
Procedure
Depending on the type of processing, you can hold the document and post it later. If this is not possible and the error cannot be eliminated straightaway in customizing, you must leave processing and enter the document later.
Procedure for the system administrator
Correct the account determination for the specified transaction. Proceed
plase help
Sre

Hi,
You have a cash discount being determined through payment term. But when you are processing the payment the system is not able to identify the GL account to post the cash discount amount.
Go to SPRO>>Financial Accounting>>Accounts Receivable and Accounts Payable>>Business Transactions>>Incoming Payments>>Incoming Payments Global Settings>>Define Accounts for Cash Discount Granted
Here you assign the GL account to post the cash discount amount.
Hope this helps.
thanks and regards,
anit

Incoming payments posting without clearing the customer open item

Hi,
Is there a way to post an incoming payment to a customer and let it sit as an open item?
I want to segregate the posting and clearing of AR payments.
One user posts the payments to the customer account.
Another user clears this payment against an open item.
All t.codes F-26, f-52 and f-28 all go on to processing open items and don't work for me..
Does anyone have any workaround or suggestion on how to accomplish this?
Thanks

I can suggest posting the cash to the customers account as an unallocated enty using F-28 - we use charge of the difference and the posting keys to mange this.
The the other users can contra the items to the open items using F-32 clear customer.

Incoming payment - post discount & small differencas a total as one item

Hi Guru,
When posting incoming payment cash discount and small differences are posted as one item for each open item.
For example:
Open item    discount    Small difference
100               1               0.05
200               2               0.10
At posting SAP post
Item 1   300 (to clear the open item)
Item 2   1 (cash discount)
Item 3   2 (cash discount)
Item 4   0.05 (small difference)
Item 5   0.10 (small difference)
Is there a way that I can group ALL discount and All small difference into one item each ie
Item 1   300 (to clear the open item)
Item 2   3       i.e. 1+2 the total of item 2 and 3 above (cash discount)
Item 3   0.15 i.e. 0.05+0.1 the total of item 4 and 5 above (small difference)
If so, where is the setting??
Thanks
Linda

Hi,
In general SAP clears on line item basis and posts line item for each clearing. If my understanding is not wrong this is the standard behaviour. This facilitates you to know each item that is cleared. But please check the settings for clearing differences / charge off under business transactions/accounts receivable and accounts payable. Unfortunately, I do not have a system handy to give you exact path.
thanks,
Kumar

Incoming Payment Posting

Hi,
We have a seperate accounting system that handles customer payments. The customer pays us and this payment is recorded in the external system. The G/L Accounts in the external system are in line with the chart of accounts in SAP R/3. Now we would like to post this incoming payment into SAP. This means that in essence we would like to post a F-28 transaction so that the invoice is cleared in SAP R/3. Has anyone done this before? Does an IDoc/BAPI already exist to carry this function out?
Thanks,
Miguel

I am trying to use REMADV for the same purpose and am unable to get the idoc to post -- I just posted a question on the forum and then saw your post -- do you have a list of the fields I need to populate in the idoc? any advice for the error below?
I am unable to get REMC to post at all -- do you have a sample file or data you can share so I can see how to populate the idoc -- right now I have --
KU1-Document = REM
KU1-Reference number = REFNUM1
KU5-qualifier = '001'
KU5-amount = '52.00'
KU5-currency = 'USD'
B02-type = 'BA'
B02-BankID = '011000390' dummy bank
B02-country = 'US'
B02-accountnum ='12345678'
B02-Curr = 'US'
KA1-ParFun = 'AG'
KA1-Partner = '0000000001'
PU1-msg name = 'INV'
PU1-number = '9400000003'
PU5-qual = '001'
PU5-amount = '52.00'
K14-qual ='011'
K14-org = 'BP01'
I am trying to get the doc to post and get an error 'Company code could not be determined for intermediate document 0000000000007220' please help

Incoming Payment - Posting more than 999 line items through EDI

Hi guys,
I having following issues.
1. incoming 820 is not posting into customer a/c even I configured processing - REMC but creating payment advice
2. once i tried to process payment advice by using f-28 it is posting in to custmer a/c without payment advice ref. also the payment advice still exist in the system.
3. trying to post payment advice having more than 999 items by using f-28 system shows error after 999 items.
4. I tried to process payment advice executing through RFAVIS40 error displays "Payment advice note in Customizing not defined for posting"
I appreciate if some one guide me to solve above.
Thanks,
RK
Message was edited by: RK Talabathula

Hi RK,
Pt 3: There is an SAP Notes on this issue 117708 ,
also refer Re: F-44 - Clearing of more than 999 line items
Pt 4: Check OSS note 17449 see for "Payment
advice upon form overflow"
hope this helps.
Please assign points as way to say thanks
Ravi Rana

BAPI or BDC For TRANSACTION F-28 incoming payment posting (Urjunt)

Hi Gurus,
Pls give me some code (BDC Or BAPI) for Transaction F-28.
Thanks in Advance,
Mahesh.

Hi
Need F-28 Bdc
BAPI for F-28
try using BAPI_ACC_DOCUMENT_POST
How to use BAPI_ACC_DOCUMENT_POST?
Regards
Pavan

Why adjustment account

hi,
3 point in relation to F.05. hope to get advice.
1) in some of the transaction like F.05 foreign currency valuation, the offsetting account of unrealised gain/loss is adjustment account. why use adjustment account?
2) when bal sheet preparation valuation is flagged, meaning no reversal and this is normally done during year end. may i know this is posted to realised or unrealised?
3) what is the offsetting account for point 2? also adjustment account?
thanks
rgds

Hi,
When you do foreign currency valuation: you will either get a valution loss or gain.
Suppose it is a loss, to account for this loss, we debit an account which is a P/L account(Val loss1). Then the credit account has to be balance sheet account which is the Bal.sheet adjustment account. This is done to take the loss to the balance sheet.
If it is a valuation gain, then gain account will be credited and balance sheet adjustment account is debitted.
Suppose you are doing it as part of year end closing then you have to check the balance sheet prepation valaution option meaning you cannot reverse the valaution i.e a document will be posted and the loss/gain proceedings will be taken to the balance sheet.
Regards,
Ravi

Incoming Payments posting to bal. sheet adjustment account

Similar Messages

Maybe you are looking for