Mapping of Loan to Vendor Account

Dear Experts,
As per my issue, I have created Vendor Account, mapped it with employee number as well. I have done all the configuration settings. When an employee has single loan, in that case, this works perfectly fine, going to a specific clearing account. My issue is when an employee has multiple loan types, then a cumulative value goes to the clearing account GL. For Eg., in out scenario we have following loan types:
1. Other Loan
2. Marriage Loan
3. Vehicle Loan
As of now cumulative value goes to respective vendor Account. Issue is to bifurcate this to different Loan GL's.
Kindly help me resolve the issue, as this is very urgent.
Regards,
Bhagyashree

Hi Praneeth,
I have created custom wage types for different loan types. Can you explain me in detail, how to map them?
Regards,
Bhagyashree

Similar Messages

Loans: Introduce vendor account during loan payments

Hello folks,
I have Loans managment module working fine for a bunch of flows. I would like to substitute a g/l account that we use during payment with a vendor account. Wondering if I could get some inputs on this.
We have receivable loans, not giving.
In the Accout Determination, I've configured a flow Z120 with Payment transaction 1 and a posting key 40 to the balance sheet account(276510) and 50 to a bridge account(275325). When this flow is posted, a payment request is created between the bridge account and the house bank's payment sub-account(175562). That would be a debit on bridge account(275325) and a credit on bank's payment sub-account(175562). So I run F111 and execute the payment. And then when the back statement comes in, an entry between 175562 and 175560 is made.
Now, I would like to replace this bridge account with a vendor. The primary reason is, the client wants to calculate withholding tax on every payment, interest and capital. Wondering what my options are?
In Account Determination, in the accounts section, in the g/l acct field, I don't know how to specify a vendor account against a acct symbol for the account determination to happen. There is only option for g/l account or +++++ for bank g/l accounts.
Should this be configured some place else. Not sure where I'm missing the part where I could use a vendor instead of using a g/l account as a bridge.
Also in SPRO, in the "Company code settings for product types", the FI posting field for my product is of type 4, which is "Actual records in subledger, posting in FI without customer". Should this be changed to 3, which is "Actual records in subledger, FI posting with customer" - wondering if this would open up a relation with a customer/vendor.
Any help greatly appreciated.
Thanks.

Thanks Kumar. Most of the steps got executed successfully.
Step 1:The moment I changed the FI posting from 4 to 3, I received an error in disbursement saying couldn't determine customer. I did not have a customer role in my BP. I set that with recon account and was able to do disbursement. The disbursement screen looks different too, with an added customer field populated and read-only. I think we are good there.
Step 2: I've ignored third party payment, I did revert it to uncheck the way it was.
Step 3: In Account determination, I configured one more posting specification for my Flowtype(Transaction type), payment transaction 'X', posting category 42. posting key 40(debit) for my interest account and 14(credit) for the new 2.4.4 symbol. I gave the BP/client's recon account g/l account against this new account symbol 2.4.4.
Now when I tried to do a post planned record, it wouldn't pick the newly created posting specification X. It still picks the one with payment transaction 1.
The documentation says, X would be picked if (a) posting for product type made via customer account and (b) payment transaction indicator set for the flow/condtion.
Here bullet (a) is true, because I could see the customer number when I do the disbursement. Now with regards to bullet (b), I've set done the following:-
-In flow type, I have the field "Payment request" checked.
-In condition type, I have the field Payt(Payment transaction) checked for my all my conditions.
-In the "Company code dependent settings for product type", I've checked the "Payment details" field.
-In the Main Loan Partner role for the BP, in the company code data, in the payment details tab, I've checked the Payment transaction and payment request fields, and entered information for payment method, housebank payer/ee etc.
Since the posting specification with payment transaction 'X' is not picked, I think something is missing on the payment transaction part.
One other interesting observation is, the moment I changed the FI posting from 4 to 3, the button "payment details" on the top of the screen has disappeared. Previously I used to specify payment details for each flow using the screen that comes off that button. So I assume now the payment details need to be taken care of in the BP/client level or flows level.
I'm not sure where I'm missing one fine detail.
Thanks a lot for your help in advance. I really appreciate it.

Loan postings to vendor accounts

Hi
I am posting employee loan amounts and the recovery to employee vendor accounts.
How ever I would like to know whether is is possible to post to vendor accounts with spI gl indicator.
We have a reco account defined for employee loans, so accounts used to post these loan amounts with sgl indicators.
Now they would like to continue with the same even after payroll going live.
The posting to vendors clearly says that posting with sgl is not possible.
Have any of you come across similar situations and what can be the possible solution or workaround.
regards
sameer

Hi,
You can create the GL account via transaction FS00.
Make sure that rane is ther e as similalr to the personnel no range .
And try to create the GL account with FICO consultant.
Warm Regards,
Kapil Kaushal

Two to Three loan to be posted to vendor account

Hi
I have assinged the symbolic accounts with "K" and in the OBYU assinged to *0002 with the respective symbolic accounts. For example if an employee has festival loan and housing loan when i am posting both loans are adding and appearing in vendor account credit side.
But my requirement is i want to show the respective loan accounts individually with the respective amounts.
How to reslove this
Thanks in advance

Yes For housing loan it is 9000 and for festival loan it is 9020 In fk10 when i am checking it is showing as 3972.60 but actually housing loan is 3,405.93 and vehical loan is 566.67. whereas after manual posting in FK10 clicking on the special GL they are getting the each loan accounts seperately.
Now client wants the same kind of procedure. Whereas in my posting it adding all the loan amounts and sitting in respective vendor accounts.
How to resolve this.
Thnks in advacne

Posting Loan to Vendor Employee

Dear Experts,
We're in 4.7. We have a requirement where we need to keep track of loan payment of all our individual employees. Is it possible to post the loan payment in payroll individually to each and every corresponding vendor employees ? Any input will surely be appreciated.
Thanks and regards,
Arief

Hi
You can do the following.
1.Define your employees as vendors and attach the employee code to respective vendor.
2.Define Symbolic Accounts
In this step, you create the symbolic accounts that you require for posting to Accounting.
A symbolic account has the following characteristics:
A four-character alphanumberic code
A descriptive text
An account assignment type (AA type). This defines the type of posting (posting to expense account, posting to payables account, and so on) that applies to the wage types that are posted to the symbolic account.
An employee grouping for account determination (EG) indicator
The following table shows what kind of account and what transaction is linked to an account determination type and what additional information (for example, for cost assignment) is also included in the posting transaction.
AA type Meaning Transaction Additional fields
C posting to expense account HRC cost assignment
CN posting to expense account HRC cost assignment
without quantity   without quantity
R posting to expense account HRC
if accounting is installed in
R/2 System.
F posting to bal. sheet account HRF
FL posting to bal.sheet account HRF
for checking balance
in retroactive accounting
(recalculation difference account)
FO posting to bal. sheet account HRF
(original periods for
wage types whose amount
cannot change
retroactively)
Q posting to bal. sheet account HRF personnel number
with personnel number
D posting to personal   HRD acc. determination
customer accounts   with personnel number
DF posting to fixed customer HRD direct assignment
    of customer account
L posting to customer HRD acc. determination
account(for specific loan)   with personnel number
    loan type,
    sequential number
K posting to personal vendor accounts HRK acc. determination with
    personnel number
KF posting to fixed vendor HRK direct assignment
acc.   of vendor account
Note the following with regard to account assignment types:
In the standard system, no quantities are transferred from wage types in the payroll result to the payroll documents and the resulting accounting documents, although information on quantities is available on the report log for report RPCIPE00 (or RPCIPX00). It is also possible to modify the system to access this information. The account assignment type CN is only useful if you have made this modification and if, in certain instances, you want to suppress the transfer of quantity information.
The account assignment types FL und FO are only of use if there are cross-company code transactions. For more information on customizing cross-company code transactions, refer to Posting to Company Code Clearing Accounts.
We recommend that for symbolic accounts with account type FO, you determine the account in Accounting independent of the Employee grouping for account determination (Feature PPMOD). For this reason, only one G/L account is provided for the payment of wages and salaries as standard. If you determine this G/L account depending on the employee grouping for the account determination, this can lead to inconsistencies when posting the retroactive accounting results. This is due to the fact that when posting retroactive accounting results for wage types that cannot change retroactively, a technical posting takes place (for example, for the wage type Payments (/559)). Since this technical posting usually takes place in the same account in Accounting, it balances to zero and does not appear in the posting document. However, if you determine this account independently of the employee grouping for account determination, and an employee falls in a different employee grouping due to a retroactive change in the HR master data or feature PPMOD, the technical posting cannot balance to zero because two accounts are affected in Accounting. This is why you have to make changes manually in this case.
Example
The wage types Basic pay and Overtime both represent personnel costs and should therefore be posted to expense accounts. You also want to assign these wage type amounts to Cost Accounting objects. Both wage types are dealt with in the same way as far as posting is concerned and can therefore be posted to the same symbolic account. You must specify the account assignment type C, since, in Accounting, there should be a posting to expense accounts and Cost Accounting should be provided with information.
Requirements
You have carried out the step Define Employee Grouping for Account Determination
Standard settings
Symbolic accounts are already set up in the standard system. In this step, you can modify these to meet your requirements.
Recommendation
We recommend that you do not change the definition of the symbolic accounts. If changes to the definition of the symbolic accounts are necessary, you should map the changes using new symbolic accounts.
Activities
1. Check that the existing symbolic accounts meet your requirements. Note the EG indicator. If this indicator is set for an account, posting to this account also considers employee grouping for account determination. With the exception of the key (column SymAcc), you can change the default values.
2. To create additional symbolic accounts, choose New entries
3. To delete unnecessary symbolic accounts, mark the account and choose Edit -> Delete.
Further notes
Symbolic accounts are not country-specific.
3.Assign Vendor Accounts
In this step, you make the settings required for posting to vendor accounts.
There are two kinds of vendor accounts available:
Fixed vendor accounts: Employee grouping for account determination offers the most precise means of control for posting to fixed vendor accounts.
Employee vendor accounts: Posting to employee vendor accounts enables posting for a specific personnel number.
In this step, you make entries in table T030 for the assignment of vendor accounts to symbolic accounts.
Example
Fixed vendor account
You want to deduct dues to various unions from the employees in your enterprise. For each union, you have set up a specific wage type for dues and a specific symbolic account. In this step, you assign a fixed vendor account to each of these symbolic accounts.
Employee vendor account
You want to post dues to a different vendor account for each employee. To this effect, you have created a symbolic account for all employees. In this step, you specify how the corresponding employee vendor accounts are determined.
Requirements
You have created the required vendor accounts in Financial Accounting.
You have carried out the step Define Symbolic Accounts. In that step, you created symbolic accounts with the relevant account assignment types (KF for fixed vendor accounts, K for personal vendor accounts). In that same step, you flagged the indicator EG-depend for symbolic accounts to which you want to post in line with the Employee grouping for account determination.
If you want to post to employee vendor accounts, you have entered the relevant personnel number in one of the following fields in the vendor master data of Financial Accounting. We recommend that you use the Personnel number field. If you use another field, you must enter the personnel number with leading zeros.
Personnel number
Search term
Telephone 2
Data line
Teletext number
Standard settings
There are no standard settings for posting to vendor accounts. If, in the step Define Symbolic Accounts, you have not created any symbolic accounts with the account types KF or K, you do not have to carry out the step Assign Vendor Accounts.
Activities
1. Enter the required chart of accounts.
2. To make settings for the posting procedure Personnel posting to vendors (HRK), choose Rules
3. Choose Posting key. Enter the posting key for postings to vendor accounts or copy the default values (21 for debit posting and 31 for credit postings).
4. Choose Accounts. Make the corresponding entries in the table T030.
a) If you want to assign a fixed vendor account to a symbolic account, and if required, an employee grouping, enter the number of the vendor account in the Acco column.
b) If you want to assign an employee vendor account to a symbolic account, and, if required a employee grouping, enter the relevant key (see table below) in the Acco column.
Personnel number in field (Vendor master data) Entry in the Account column (T030)
Personnel number    *0002
Search term    *0001
Telephone 2    *0003
Data line    *0004
Teletext number    *0005
Further notes
It is not possible to use the special G/L indicator with posting to customer accounts.
in summary whatyou do is defne a symbolic account of type K , link your wage type to this sym account , define the posting to vendor with *0002
regards
Pravin

AP Report- Vendor account and PO by Expense account

SAP Guru-
I am trying to produce a report that provides by expense account the vendor account and PO by period. I tried amond others the following account :S_P99_41000099 or S_ALR_87012085 and they are not what I need.
Does anyone have any inputs on how I can pull this information.
Points Awarded

Please refer to note 826357
When implementing the new G/L accounting in Release SAP ERP, we recommend that all new customers map the Profit Center within the new G/L accounting by activating the scenario FIN_PCA (profit center update). It is not advisable to activate the classic Profit Center Accounting in parallel and consequently update parallel data volumes.
You might have defined the update of the characteristics "Profit Center" and "Partner Profit Center" in the ledger by selecting the scenario "Profit center update" (Customizing: "Financial Accounting (new) -> Financial Accounting Global Settings (new) -> Ledgers -> Ledger -> Assign Scenarios and Customer Fields to Ledgers").
If the profit center scenario in the new G/L accounting is active, classic Profit Center Accounting is not active

Employee vendor account posting to facilitate cheque printing

Hi,
Can someone please help me with the process of posting net pay amount to individual employee vendor account from payroll. We need to post to individual vendor account to facilitate cheque printing.
Quick help would be appreciated.
Regards,
DDutta

Dear D dutta
You would first need to have the employees created as vendors in the FI AP vendor master.
From the HR side ,spro,you need to first create the symbolic account for the net pay .
You need to also then have this symbolic account mapped to Assign vendor accounts.
Then in the posting to charecteristics ,you need to have the wage type mapped with the symbolic account
This will then allow to post the employee net pay asa credit in the vendor accounts which you can the use for check printing thru F110.
Hope this helps.
Regards
Ramana

Employee Vendor Account Mismatch

Hi,
Wrong Employee Vendor accounts have been crated. For Ex,
Employee Vendor A/c
101 - Mr.B            100 - Mr. A
102 - Mr.C            101 - Mr.B
103 - Mr.D            102 - Mr.C (code}
Actually it should like,
Employee Vendor A/c
101 - Mr.B            100 - Mr. B
102 - Mr.C            101 - Mr.C
103 - Mr.D            102 - Mr.D (code}
I have changed the names in Vendor A/cs as under
Vendor A/c 101 to Mr. C
Vendor A/c 102 to Mr. D etc.
Finally Employee 103 left who doesn't have any vendor a/c.
While trying to create vendor a/c by PRAA, it pointed out that vendor account is already created.
Actually it pointed out Vendor A/c No: 102 (I came to know this when I tried to take update run in PRAA)
How to create vendor a/c for employee 103 now ?

Dear D dutta
You would first need to have the employees created as vendors in the FI AP vendor master.
From the HR side ,spro,you need to first create the symbolic account for the net pay .
You need to also then have this symbolic account mapped to Assign vendor accounts.
Then in the posting to charecteristics ,you need to have the wage type mapped with the symbolic account
This will then allow to post the employee net pay asa credit in the vendor accounts which you can the use for check printing thru F110.
Hope this helps.
Regards
Ramana

Vendor Account

Vendor account exists for employees in FI. Now Travel Management is implemented. Do we need to map employees to Vendor accounts and use transaction HRP? Reimbursement will be thru FI payment?
All expenses will be mapped to G/L accounts thru HRT
what will happen if employees are not tied to vendor accounts using HRP?

Hi,
Please assign the respective personnel number for the employee in his vendor master record. That will solve the purpose.
Best Regards,
Raj

Vendor account not associated?

I originally installed ADE and and authorized use without a vendor account or Adobe ID. I had to perform system restore on my laptop and ADE was removed for some reason so I had to reinstall it. This caused me to have to create and Adobe ID. So I registered/created an Adobe ID and password.
Now each time I open ADE and try to read my ebook from the library, I get the error
"The vendor account you entered is not associated with the item you are trying to open. Try again."
When I reinstalled ADE, and I reopened it, the ebook I previously purchased was still there, now I just cannot open it. What do I do?

If these are library books you are lucky. Wait for the loan to expire (you wn't be able to return it early while you have this problem) and borrow it again.
More stuck with bought books.
This is a vicious trap that Adobe lays for unsuspecting customers.
They do give very mild warnings, but not nearly strong enough.
When you register 'without ID', ADE creates an anonymous/implicit ID with limited powers (eg can't be used to share with other devices).
Whenever you first load a DRM book, that copy of the book is associated with whatever ID the computer is registered to at the time.
Any book you load while this anonymous ID is active gets associated with that ID, and can't be read on any other device.
When you properly register your computer with a real ID, that old anonymous ID is lost.
Now you don't have any devices that can read the book.
Not appropriate for you, but for completeness .....
The only way I know round this is to use a DRM stripper such as epubee BEFORE you deauthorize the device.
I do NOT advocate using such code to get around the valid limitations placed on a DRM book.
However, where the problem arises only because of the ineptness of Adobe's ADEPT DRM infrastructure and its implementation,
such a measure is totally justifiable.

How to posting to Vendor Account? Call for emergent HELP!

Hi Gurus,
This is my first time to posting donation wage item to vendor account instead of Balance Sheet Account.
Can anyone give some tip about this solution? Better in details.
Here's my questions:
1)Do we need technical account HRA(transaction) 1001 for document split in vendor posting ?
2)In technical account 1001 settings, whcih posting key should be used?
3)Should related G/L account be included in corresponding settings(in technical account assignment)?
Thanks.

Hi,
1 u2013 Create vender account in FI
2 u2013 Create symbolic account in table T52EK. In AA type assign KF for fixed vendor accounts (for exp Union fees) and K to personal vendor accounts (for exp loan repayment)
4 u2013 Assign Symbolic account to G/L account (HRK) through Tcode OBYU
Regards,
GRM

GL Mapping for Loan Wage Types

I want to understand the mapping of Loan Wage types. We have only 3 situations(Payment Payroll, Repayment Payroll, Special Repayment Payroll) in Loans
/LOP   Loan payment - payroll
Dr 3200     ER loans     F
/LRP     Regular repayment
Cr 3200     ER loans     F
/LEP   Special Payroll Repayment
Cr 3200     ER loans     F
/LEP   Special Payroll Repayment
Cr 3200     ER loans     F
Balance Sheet Account:
3200             210000
Is this done or I am suppose to do more?
Thanks

I hope 3 wagetypes assigned to one symbolic a/c 3200 and this is assigned to one GL a/c 210000.
Check the configuration once again in tables V_T52EK symbolic a/c , V_T52EL for assignment of symbolic a/c to WT and transaction OBYG for assignment of symbolic a/c to GL account.
Run payroll for one employee in Development server with Loans and check the results and postings...
Mohan

Vendor open items report without page break after changing vendor account

Hi,
I would like to get the vendor open items report without pagination when the vendor account changes.
The option of deleting the * mark in the Filter page is not valid for me, because this way the vendor's name dissappear. I mean, it would be ok if I could show in the output of the report the name of the vendors.
Thanks in advance.

HI,
If I understood your issue correctly then in the report S_ALR_87012085 is a field "Summarization level (0-4)" in the output controls.
You just have to set this field to the value '2'.
When you set the field to two, the page break will first executed, when the page is "full".
If you want to see information about the "Summarization level (0-4)" field, you just have to set the cursor in it, and press F1.
I believe this answer solve your problem.
Please assign points if it useful.
Regards
Ravinagh Boni

How to clear a vendor account with documents in different currencies

Hello all -
I am aware that the purpose for using F-44 is to clear the vendor open items; however my vendor account is in rupees and the document I am trying to clear against the vendor is in USD.
My debits and credits are slightly off due to FX. Is it possible to write this off to FX within F44 or is there another Tcode I can use to clear the vendor account?
Can you please help?
Thanks,
Indira

Hi Indira,
When you clear vendor open items in another currency, exchange rate differences will / should post to a "Forex rate differences" account automatically, according to your configuration.
Your vendor open item is now cleared. Now for the posted exchange rate differences. When you say "write off", I am guessing you don't want any postings to this "Forex rate differences" account.
In this case, you can do a reclass from your "Forex rate differences" account to another expense account. Post the opposite DR/CR entry to your "Forex rate differences" account in a GL journal. This will make the net effect in the exchange rate difference account 0.
Thanks and Regards,
Chee Chung

Vendor account Group

Hello SAPians,
I have a issue with regard to Vendor Account Group,can you please help me with some information
Issue is:
User want to change the Vendor account group of some vendor and there are few things need to be changed for TAX year 2012.
what conditions need to be checked before changing the acc group.
I checked the present acc group and new acc group,I found there is some diff with Number ranges and the fields in General Data,Company code data,purchasing data ,purchasing sub range & purchasing plant fields.
And the partner determination procedure is defined for the old Account Group and it is not defined in New acc group.
so for all these scenarios how I need to proceed further or suggest the user in order to change the account group.Please let me know the compatibility problems other than these.
Thanks for your information
Regards
Varanasi

Please read the below article,
[Account group changes|http://wiki.sdn.sap.com/wiki/display/ERPLO/CHANGINGANACCOUNT+GROUP]

Mapping of Loan to Vendor Account

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