Posting cheques to provision accounts

HI
can anybody help me how to post cheques to the provision account.the scenario is when we reciver the money from customer for bad debts.
what r the posting keys and document type we can use to process the above
thanks in advance
sreeni....

Hi,
You can technically enter CO objects (cost centres amongst them), even when posting to BS account. No CO document would be created, but the data will be stored in BSEG tables. A warning message will be issued by SAP.
Profit centres work with BS and P&L accounts, thus posting profit centre to BS account is a standard operation. Actually, if you have PCA activated, it will be mandatory field.
Regards,
Eli

Similar Messages

Postings to provision accounts

HI
can anybody help me how to post cheques to the provision account.the scenario is when we reciver the money from customer for bad debts.
what r the posting keys and document type we can use to process the above
thanks in advance
sreeni....

Hi
thanks for your reply my requirement is for some customer there were some bad debts which were writeoff and now we got the payment for those writeoffs
i need to post that payment to provison account
Thanks
sreeni...

Credit Memo all my material items to be directly posted to Balance Sheet account

Hi Experts
My client has a scenario where for certain items they create a credit memo request document and finally a credit memo document from the VKOA system is picking the revenue bearing GL and posting all the line items to that G/L account
Manually my customer is again checking and extracting the p/l and posting to balance sheet account
is there a way where we can directly post these entries to Balance Sheet account
Best Regards
Waseem

Hi Sanil
Thanks for the quick reply, can we assign a balance sheet account directly in VKOA in the G/L account field or do we need to add this in directly in Provision acc field
As suggested by you we already have the access sequence with respect to Order Reason, I am just doubtful wether we can directly give Balance Sheet account in G/L account field
Best Regards
Waseem

Bill Accounting issue frieght clearing provision account is not getting

Hello Experts
Subjcet: Bill Accounting issue frieght clearing provision account is not getting cleared at the time of accounting.
Error in ZIVA for invoice parking and ZIVB for invoice posting
my user tying to post the invoice through ZIVB with reference of PO number . So at the time of posting this transaction he is getting error like Balance not zero: 651.25 debits: 1,378.75 credits: 2,030.00
that difference amount stands for freight clearing - 651.25
Before that he was posted to ZIVA for Invoice parking with reference of PO
Can any body give me suggestion on the same
Thanks and Regards
vamsi

Thanks for all
my problem was resolved
regards
vamsi

Rebate processing & assign provision account

Hi
When configure rebate processing ,account determination for rebates / assign G/L account / accounting key step we maintain table like below.
application/condtype/chartAcc/salsOrg/Actkey/GL acc/provision acc.
Here I have a doubt.what is the purpose of assign the provision account number
thanks&regards
sagar

Hi Sagar,
The provision account number is where the rebate amount from the invoices is posted to during the rebate period. It is posted with an approximate percentage as the precise percentage will only be known, when the agreement is settled. At the time of the settlement the actual sales is summed up and depending on the agreement details a percentage is found to calculate the final rebate amount. The credit note for the settlement will clear the provision account for the amount posted during the rebate period.
best regards
Michael

Provision account key

Dear Friends,
Please tell me how to Maintain the provision account key for the condition type, I have maintain condition type for ocean/air fright
in pricing procedure, while creating PO iam getting this message "Condition type JOFP is marked as "provision-relevant". However, the account key for posting provisions is missing in schema ZJIMPO for this condition type."
thanks
ABBAS

Hi,
Check for condition type JOFP,which account key & accrual key is there in Pricing procedure ZJIMPO in M/08
Generally FR1 is used for the clearing account, means no accrual is defined for the conditions.FR2 is used for the provisions, means accruals are defined for the condition type. FRE is used only when purchase account management is active. When purchase account management is active, the freight cost is posted to revenue accounts.
Regards,
Biju K

Where we have to open and close posting periods in asset accounting

hi sap gurus
can anybody give where we have to open and close posting periods in asset accounting
thank you
venkatareddy

Hi Venkatareddy,
You make specifications for fiscal years and posting periods in the SAP R/3 System in Customizing for Financial Accounting. This is done in the fiscal year variant in the global parameters of the company code. These settings are, in general, also binding for Asset Accounting. The depreciation periods in Asset Accounting then correspond to the posting periods in Financial Accounting.<b> It is usually not necessary to create a separate fiscal year variant for Asset Accounting.</b>
The period control in the depreciation key determines the start and end of depreciation when asset transactions are posted . The period control determines the relationship between the calendar period in which the asset transaction is posted and the depreciation period.
These calendar periods are independent of the posting periods in Financial Accounting. The only restriction is that the beginning of the first calendar period and the end of the last calendar period defined in a period control have to match the start date and final date of the fiscal year in Financial Accounting.
Kindly let me know if this useful for you

Good Receipt is posted to price variance account instead of Inventory account

Dear All,
My client have a PO with three materials. All those materials have been assigned to same valuation class. Client has posted GR for this PO and one material has been recorded a misbehavior when selecting the accounts. That mean, it has been ignored the inventory account and instead value has been posted to price variance account. So the debit entry in price variance and credit entry in GR/IR.
But other two material has the automatic posting to correct account as Debit to Inventory and Credit to GR/IR.
Could you pls help me to find the reason for this.
Regards
Sujith

Dear Vivek and Dev,
Attached herewith the screenprint of Accounting view of the two material. Material 300000075 has the correct posting while material 300000028 has recorded incorrect posting
1

MR8M post a different GL account versus MIRO

Hi Gurus,
Any idea why MR8M posted a different GL account from the original entry? here are the entries:
MIRO
Debit- GR/IR clearing      100
Debit- Expense(manual)    20
Credit- AP vendor                120
MR8M
Debit- AP vendor          120
Credit- GR/IR clearing         120
This entry resulted to a difference in GR/IR clearing account and the user do the clearing manually in FI.
Why is it MR8M did not reverse the Expense entry and posted to GR/IR clearing instead?
Thanks a lot for your time.
Cheers,
Dru

hi
when u post MR8M ,the invoice is get reversed but the FI entries u have to clear manually ,it is done by FI peoples
FI documents need to be cleared manually using Trsnactions F-04 for G/L accounts & F-51 for Vendor accounting documents
You can also automatically clear using F-13
Mention the Documents number & clear the items
Please get in touch with FI Consultant.
regards
kunal

Posting to G/L account in Next period & Opening balances

We need to post to G/L accounts for new Company code
1) During month of February , Can we post to GL accounts(FB50) with Posting date in January? --> if we have Period 1,2008 open in OB52 ( FROM Period 1,2008 TO Period 2,2008)
2) Is there a way that Opening balances can be posted to the G/L account other than using FB50/F-02. There are only 10 G/L accounts ,so I don't want to do it programmatically.
Please reply at the earliest.
Thanks

HI Manisha
I will answer your question one by one.
The answer for the first question is, YEs you can have any many periods open as you wish. This you can do in T.Code OB52. In OB52 , You have to give from which period to which period it should be open.
Now coming to the second question. i don't think there is any other way to upload the balanace.
If it helps, plz assign points.
Regards
Rajaram

Transfer posting from one GL account to another

Hi,
For a GL account which is not open item managed, now have to check the "open item management".
since it has the amount, so i can not do it.
But i read the following help message.
If you want to switch this function on retroactively for a certain account, you should create a new account with the correct setting and use this to make a transfer posting of existing items.
so, after creating a new GL account with correct settings. How to Transfer the posting of the Existing items?
Thanks in advance,
Swetha

Hi all,
i posted a document in F-02 by debiting the new GL account and crediting the old account.
now, the balance of the old account is Zero.
but still can not save it by checking the " open item management" because it says as below.
"Account balance = 0 but open items exist in the account
The data contains error, you cannot save"
so, by making zero also we can not change the that Chcek box.
and another option you all suggested is transfer of the posting to new Gl account.
since the old account is not open item managed, so i can not follow this option also.
and one more, have to come across this kind of issue?
then how did you solve it.
Please share your finding.
Regards,
Swetha

Difference between field staus group for posting key and GL account

Hi all,
can anyone tell me what is the difference of usage for field status group in posting key and GL account as i notice the fileds are the same. during data entry, system will check both field status or how?
thanks.

Hi
Both are to control the field status of the line item.
But, the FSG of the Posting Key and the GL FSG status should not clash like below.
Take 'Assignment' field as example :
Posting key FS - Suppress & GL FS - Required - will give you error message at the time of posting
Posting key FS - Required & GL FS - Suppress - will give you error message at the time of posting
Otherthan the above, all other combination works
VVR

Error while posting billing document to Accounting

Hi,
We are getting an error when posting Billing document to Accounting .Eror "The document type is relevant for VAT.Please inset a VAT code in postings.
Thanks in advance.

Dear Ravinder
Go to VF02, input the billing document and execute. Now from the top menubar, click on Goto <> Header <> Header. There check what pricing procedure is flowing.
Now go to V/08, select that pricing procedure and check whether you have maintained the condition type for VAT. I believe you have not maintained and hence, the error. Include the VAT condition type and create a fresh sale order.
Meanwhile, you have to reverse the billing document via VF11, reverse PGI via VL09 and delete the delivery document.
thanks
G. Lakshmipathi

Error while posting to G/L account

hi,
while posting to G/L account, i am getting error like this
"Calculation procedure for taxes in company code XXXX is not maintained (tab T005) "
regards
Praba

Hi Praba,
Please check your FTXP settings and t.code OBCP
http://www.ficoexpertonline.com/downloads/10-03.doc

Posting rules exist for account key

Hi ,
I got the message while creating PO AND WHEN I try to enter Tax code and Tax Jurisdiction i am getting the following error message :
No posting rules exist for account key
Message no. FF714
Diagnosis
No posting rules have been defined for the account key in the tax table in table T007B.
Procedure
Change the tax table, enter an account key already defined for the transaction in question or define the posting rules for a new account key in table T007B.
can any one give me solution to solve this issue !!!
Thanks & Regards,
senthil.

Hi Senthil
Based on your explanation I can understand that the Configuration settings for Automatic Account Determination is not done perfectly for the Account Ket vs GL Account. Do cneck this process carefully because here we define the posting rule, posting keys for the determined account key and later assign the same to the GL Account.
regards
Murali Kanth Natti

Posting cheques to provision accounts

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