Overpayment and underpayment

Dear friends,
I wanted to post post vendor payment either over or under.As for example if vendor invoice is of Rs 10.60 and i wanted to pay Rs.11 or Rs.10.
I had created reson code with C check separate charge of account.Defined GL account in OBXL.As per my knowledge system has topost automatically to the difference account GL when i clear the open item over or under payment.But when im trying to do the same sytem is giving me below error.
Suggest something.
The difference is too large for clearing
Message no. F5263
Diagnosis
A non-assigned difference exists for the specified clearing amount.
The difference for an automatic difference posting must not be greater than the difference permitted for the user, nor greater than the difference permitted for the tolerance group that is contained in the customer/vendor master record.
System Response
It is not possible to automatically charge off the difference.
Procedure
You can charge off the difference manually using the function "Clear differences". You define the upper limits for automatically clearing differences in the tolerance group assigned to the user.
regards
Dee
Change tolerance groups for user

Dear Kash,
1. I have maintaines GL account in FKBP -> Cash discount and payment difference -> Payment differences by reason (ZDI).
2. The reason used in the above customizing could be different than in the posting document-How to check posting document is using different reaason code?
3. The GL account entered in the above customizing is either not created or not extended in the co. code in which the document is being posted to.-All the GL's are already in the system.
4. Posting keys are not entered in the above customising.-in FBKP-ZDI is maintained with 40/50 posting key with rounding off difference account.
still in getting below error
Acct determination not defined for trans. ZDI in chart of accts SPML
Message no. F5113
Diagnosis
An automatic posting cannot be created because the account determination for transaction ZDI with keys is not defined in chart of accounts SPML.
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

Similar Messages

Cash discount & Overpayment,Underpayment

Kindly explain me the procedure,settings and what G/L accounts had to be assigned in obxu,obxl. for cash discount and overpayment and underpayment for customer and vendor and how about the Tolerances for user,customer and vendor what settings have to be done and how they reflect.
Thank u
Narender

A) Cash Discount-
1.Financial Accounting (New) ---> Accounts receivables and Accounts Payables --->Business Tansactions ->Outgoing Payments->Outgoing Payments Global Settings--->Define Accounts for Cash Discount Taken
T-code- OBXU
2.Enter the your chart of accounts . Choose Continue
3.Enter account number
Here you define the account numbers for your cash discount expense accounts. The system posts the cash discount amount to these accounts when clearing open items.
4.Save your entry.
B) OverPayment /Underpayment-
Financial Accounting (New)->Accounts receivables and Accounts Payables->Business Transactions->Outgoing Payments->Outgoing Payments Global Settings--->Define Accounts for Overpayments/Underpayments
T-code-OBXL
2.Enter the your chart of accounts . Choose Continue
3.Enter account number
Again account is Expense account.Reason for creating this one is because of following reason
There is a difference in payment. The difference can result from an underpayment or an overpayment.
The difference is within the tolerance limits for an automatic adjustment posting.The difference cannot be posted via cash discount adjustments.
4.Save your entry.
Like wise,
Transaction code OBA1-Defining Account for Rounding Differences
Transaction code OBXO-Define Accounts for Payment Differences with Altern. Currency
Transaction code OBXK-Defining Accounts for Bank Charges (Vendors)
Transaction code OBXI-Defining Accounts for Cash Discount Granted
Transaction code OBYH-Defining Accounts for Bill of Exchange Transactions
Hope this is help you in understanding.
If you want more clearity, please let me know.
Regards
Parag

System did not post Under/Over payment entries

Hi,
I have setup for the Over/Under payment Amount allowed in Document Settings --> Incoming Payment / Outgoing Payment and I have also setup for the Overpayment and Underpayment GL Accounts to be posted in the GL Determination Sales / Purchasing tab.
When I run testing, for example I have an Sales Invoice for 350.08 and my payment amount is 350.00 (I've set the allowed underpayment amount to 0.10), I did not see the journal posted for the Underpayment, though the system prompted a message indicating the amount does not match upon posting. I might have done the payment incorrectly. Can anyone advice me what is the correct way of making the payment so the journal will post the 0.08 as underpayment?
Thanks in advance,
Ching Sean

Hi Suda,
Sorry for the late respond. What I have done is:
Highlight the Invoice - 350.08
Go to the Payment Means
Manually type the Actual amount Paid - 350.00
Click Ok
Click Add
I have just run the testing again and now it works! I do not know what happened last week that causes the system to not allowing the posting. Anyway, since now that it is working, I will do a few tests more, just in case.
Thank you so much for your help.

Gl a/c for overpayment/under payment

hi
what is gl account for overpayment /under payment.
it is expense or income a/c
thank u
shusma

there is nothing like overpayment/underpayment ledger account.
If any excess payment made it should be treated as advance payment and underpayment as payable amount.
Considering expense/income...This is purely depends on transaction type.
Vijay

Brazil - Suggestion - Overpayment automatic

Hello,
In Brazil there are many payments and receipts from Overpayment (interest) and Underpayment (disconts), lack the "Incoming / Outgoing Payments" a column with the percentage of Overpayment and the Overpayment amount.
Actual Display
Selected | Document Nro | ..|Due Date | .... | Balance Due | Total Before Discount | Cash Discount % | Total Discount | Total Payment .
New Display
Selected | Document Nro | ..|Due Date | .... | Balance Due | Total Before Discount | Cash Discount % | Total Discount | Cash Over % | Cash Over | Total Payment .
and, to launch the proper accounting course (the account already exists in G/L Account Determination - Overpayment A/R Account).
Regards,
Fabio.

Colocado no Idea Place, Placed in Idea Place
https://cw.sdn.sap.com/cw/community/ideas/sme/b1

BIG Numbers formula Questions-looking for clarity and direction

Besides a general lack of computer knowledge, here is my problem. I'll try to make it clear and easy to read.
I'm working on a spreadsheet that would organize and keep track of student's choices and payments for a ski retreat. There are 4 checkbox columns for their choices (ticket, ski rental, board rental, tubing). All of these have different costs associated with them, in addition to the basic cost for the retreat.
Using basic arithmetic and an IF formula in the header column I can calculate each student's Total Cost.
=Retreat Cost+(IF(Lift Ticket,TRUE)*50+IF(Ski Rentals,TRUE)*30+(IF(Snowboard Rental,TRUE)*50+(IF(Tubing Tickets,TRUE)*35)))-the (*number is the cost)
This works, although it does return the error that the formula returns a Boolean in place of a number. If there is no easier way to write my formula, how do I turn off that warning-I can't take the glaring reminder of a mistake!
Students need to turn in a deposit, generally set at $50. Using a Deposit column with checkboxes, I worked out how much a student owes after their deposit. Once I check the box, their Balance shows Total Cost minus the general $50.
=Total Cost-(IF(Deposit,TRUE)*50)
Occasionally a student will overpay or underpay their deposit, and right now I'm just going in and manually trying to readjust. I just can't figure out any other option.
I'd like to keep track of how much money is coming in. Currently this is my formula.
=SUM(COUNTIF(Students :: Deposit,TRUE)*50+SUMIF(Students :: Paid,TRUE,Students :: Balance))
My main issue really comes down to the varying deposits. If someone pays $60, I have to check the box, subtract 10 from their balance and add 10 to the student payments. I also wanted the Balance column show "0" once the Paid column was checked, but that was definitely out of my skill set!
Also, I'm going to try to paste a screen shot. Any help/advice would be greatly appreciated! I'm new to working with numbers (1 week baby!) and honestly, the vast majority of my knowledge has come from reading the message board, so thanks!

=Retreat Cost+(IF(Lift Ticket,TRUE)*50+IF(Ski Rentals,TRUE)*30+(IF(Snowboard Rental,TRUE)*50+(IF(Tubing Tickets,TRUE)*35)))-the (*number is the cost)
I would change it to somehting more like this...
=Retreat Cost+(IF(Lift Ticket,1,0)*50)+(IF(Ski Rentals,1,0)*30)+(IF(Snowboard Rental,1,0)*50)+(IF(Tubing Tickets,1,0)*35))
(This last part I don't get at all... >-the (*number is the cost))
The form for an if is If(Test,True,False) meaning if the TEST is true then answer whatever replaces the word true in the description. I think you thought you had to type true. Common mistake if you haven't used them before.
Look at one of my If's...
IF(Lift Ticket,1,0)*50
If the lift ticket box is checked, then answer 1 and multiply by 50, if not answer 0 and multiply by 50, taking that cost to zero.
Just repeat for each cost and your done...
Does that help get you on the right track?
Jason

Claims processing / Overpayment recovery - CE Ehpk 4

Does anyone have information on the new Overpayment Recovery / Claims clearing functionality that is new (concurrent employment enabled) with enhnancement pack 4? Anyone planning to implement it? I hear that it is coming, but have not found any information on SAP just yet. Although I hear that ehpk4 is a pre-requisite.

Here is a note I wrote to my clients last year to give you some insight into the functionality.
I wanted to give you an update that as of EHP4 (SP2) SAP has released a new overpayment recovery solution to replace the claim clearing functionality.
Solution Oveview (High Level)
-No Longer need to create clearing wage types matching every possible taxability to ensure accurate clearing of overpayments
-Year end tax filing will no longer be complicated by claims situations
-Solution is concurrent employment enabled
-Configuration settings that turn on or off the automatic clearing of overpayments (Claims) as well as setting overpayments recovery (claims) thresholds levels
-Ability to collect back overtime and adjust taxable at the point the collect is made.
-Ability to check minimum wage requirements before recovery of overpayment (This was Peters big wish)
-New payroll results cluster table which is an overpayment collection table which stores the details of the overpayment and balance information
-Payroll functions to calculate the overpayment and allow for repayment of the debt based on configuration
-Ability to override business rules through an overpayment recovery infotype.
It is my belief that over the next few years all US payroll customers will move to this new functionality given its flexibility and the fact that it meets a lot of existing gaps with claims.
There are a lot of pieces to activate the functionality (to much to outline in a forum such as this)

Payment differecne posting on vendor clearing document

Hello,
   Kindly let me know wehre is the payment difference accoutn and positng key configugured, my document is showing wrong postings to the cash discount expnse account instead of booking it to the vendor account itself
1     000001     50          1010146     BOA POLYVISION - AP     102.36-     USD
2     000002     50          4020040     COS-MAT-INV CHANGE     0.97-     USD
3     000003     40          3141020     CASH DISC-PUR FG     0.97     USD
4     000004     25          2010010     A/P TRADE RECON.     102.36     USD
the 3 line item is booking to the cash discount , which is actually the over payment of 0.97 , the 2 line is the payment terms disc wchih is correct.
please let me know where do i correct this,
thnaks very much.

Hi,
I hope you can specify an account for payment differences for over payment and underpayment. the path as follows.
SPRO-FA-AR/AP-Business Transactions-Outgoing payments-Outgoing payments global settings-Define accounts for overpayments and underpayments.
I hope it is clear, please let me know if any other details.
Regards,
Srini
Message was edited by:
        sreenivasulu pasupula

F110 Clearing of Zero Payments

Hi Experts:
Sometimes we realize we have made an overpayment and will issue a credit memo (CM) to a vendor account. Subsequent invoices will then post. If the CM and invoices net to zero we find that F110 will automatically clear vendor items that net to zero. These show as posting orders in the payment run log. They also show in the Payment Settlement List as "zero balance notifications". In addition, no cheque, EFT, or payment advice notices are generated. This means that the vendor is not aware that the items have been cleared.
My clients would like to clear these items manually. Application of payment blocks to the CM is an option but not practical because we cannot apply a payment block to subsequent invoices because these are generated automatically (ie recurring payments).
How can we get F110 to NOT clear vendor items that net to zero?
Thanks
Lisa

Hi All,
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1. Invoice posting,
Dr GR/IR
Cr Vendor
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Dr Vendor
Cr Vendor with SP GL Indicator "C"
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But, in my case, the system is not clearing the downpayment but instead is just posting a Credit memo account entry with SP GL indicator (refer to th Downpayment Entry).
Please advice if SAP is designed to clear the downpayment in LIV or just to post the downpayment recovery entry.
If advice on any corrections to be applied.
Best regards
Abishay Solomon

CC&B functional question

Hi,
is it possible to apply or maintain a credit to account instead of service agreement ?
For Example,
Requirement is to give $50 credit to an Account X. This credit should be utilized by all the service agreements in that account as per payment distribution logic during billing
This is similar like making payment to the account but We need some feature like Adjustment for Service Agreement to maintain the credits. Is it possible in CC&B to accomplish this requirement not via payment ?

I think an Overpayment SA would be useful for this - such an SA is created if there is an overpayment and the Customer Class has an Overpayment Algorithm specifying that the overpayment should be kept on a separate SA. Then, at billing time, there is a Credit Transfer Algorithm (Bill Completion Algorithm on the Overpayment SA Type) that handles the transfer to other SAs for the Account.
Overpayment SAs are created automatically by CC&B when needed, so, if your credit is not actually an overpayment, you would need to look at how to create the SA and apply the credit to the overpayment SA. It can certainly be done manually, although that would be tedious if it is a frequent occurrence.

Service agreement for excess payment in CC&B

Hi,
In CC&B, why does the system create a new SA to hold the customer credit? I'm trying to understand the logic behind this. Why can't the existing SA's be used to hold the credit balance.
Thanks

Direct quote from the Help documentation:
Why not keep excess credits on a customer’s regular service agreement?* Because the system can’t differentiate between a credit that exists as a result of an overpayment and a credit that exists because of cancel/rebills, it would be impossible for the system to know if payables should be realized as a result of the reduced credit balance. However, if you keep overpayments on an excess credit service agreement, the system knows to treat any transference of these credits as “payments” and therefore it can transfer holding balances to true payables.

Verizon refuses to honor $10 off upgrade from regular phone to smartphone incentive

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Thank you the community for your assistance.
Hello paganrobert. Thank you for your post. I am here to assist with the $100.00 promotion. Have you received the promo code yet? If not, please send me a Private Message with your name and mobile number. I will review your account and contact you to better assist you.
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Deceptive billing practice - file FCC complaint

I accidentally overpaid, called customer service, they promised to cancel the overpayment and offered to take the correct payment. I trusted them, made the correct payment, they never canceled the original overpayment. I called after several weeks, they still refused.
It's lying - and just plain bad customer service. Sure, they keep my money a little longer, but then Amex get's involved, has to call them several times, collect information, all to dispute the charge.
I file complaints with the FCC, better business bureau, states Attorney general, all of which doesn't take much time these days.
I hope it's worth the little extra interest they keep on my payment, I suppose it's policy just to screw enough accounts in bulk so it makes them a bit of extra change.
If anyone else has the same issue, I'd love to hear about it and what you did to try and correct the deception or draw attention to it. I suspect using social media maybe good as it will dissuade others from using Verizon.

I have been reading this so excuse me jumping in.
If you paid by credit card the company need only go back into the payment screen and post a credit back for that amount.
Verizon took this posters money in seconds, so they can give it back the same way. And they can do it.
Secondly as I just did this morning you can call your credit card company and they will do a charge back, this can be for defective goods and services, double billing, incorrect billing, failure to provide what was paid for ( as in my case and not Verizon) the card issuer will credit back that amount and notify the merchant why it was taken away.
Very few times is a charge back not placed permanently back to their customers account.
Now what "Treasury Department" are you referring to? it would be accounts receivable or accounts payable in Verizon's finance office. The US Treasury has zero to do with it.
Original poster, just keep on AMEX for the money back. They have limited time to put the amount back,
Good Luck

Does "Buy All Episodes" include new episodes in a TV season?

Some shows say it does. Others don't. I don't like overpaying and I feel pretty certain I will since the new show I want to see is only on its second episode and I got the first one free. (a premium for quantity in that case.)

Thanks chase2hoop. I expected better help from Apple - really disappointed there wasn't an easy way to find the answer right in iTunes. My displeasure increased somewhat by the poor presentation here. But I did find my answer with "More Like This" as soon as I submitted the question.
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Incoming Payment with Underpayment/Overpayment in F-28 with reason code

Hi All,
While making a incoming payment with overpayment / underpayment in F-28, I am getting an error u2018Reason codes with automatic charge-off are not permitted here u2018. The reason code is defined with charge off checked and the account for differences is defined for the same.
Please advice
Thanks

Please check "Indicator: Charge off difference via separate account" in reason code settings (TCode OBBE). If this indicator is set against the reason code that you are using, you will getting the error.
What you can do is either use different reason code or in residual items tab you can specify the reason code with residual items.
Thanks,
Sukhbold
Edited by: Sukhbold Altanbat on Oct 13, 2011 7:47 AM

Overpayment and underpayment

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