Posting of Revenues in Claims

Hi,
We are using item category V in claim costing. When I try to use any revenue cost element (category 11) system does not allow me to do the costing. Could any one help me how can I post revenue Cost elements in claims?
Thanks
Raghu K

When I try to use any revenue cost element
You can not post cost to revenue element.
Claims are used to collect the costs. Read virendra's post again,
claim process is used for cost collection via an internal order linked to a WBS element
Get the appropriate cost element details from your FICO collegue. If appropriate cost element doesn't exits, ask him to create accoridng to your requirement.
Thanks & Regards,
Amaresh Makal

Similar Messages

How to post the revenue on exchange rate in SAP ?

Hi All,
a Company gets a g.l. bank account in USD (account currency). The local currency is EUR.
2010.01.01: its balance was 9.527,23 USD (account currency). Given a currency exchange rate 1 USD x 1,4406 EUR, the amount of the account in local currency was 6.613,38 EUR.
2010.01.15: the bank account is closed. Given a currency exchange rate 1 USD x 1,4374 EUR, the amount of the account in local currency is 6.628,10 EUR
When the account bank is closed the balance in local currency is 14,72 EUR -
2010.01.01 --> 9.527,23 USD (account currency); 6.613,38 EUR (local currency).
2010.01.15 --> 9.527,23 USD (account currency); 6.628,10 EUR (local currency).
20.01.15: in local currency I've to post a revenu of 14,72 EUR
Could anyone tell me which account posting I've to do for this revenue?
Thanks

The differemce is due to exchange rate difference post the difference in a new g/l name it exchange rate diff. revenue account for more read below:
Exchange Rate Rounding Differences
When an invoice is posted in a foreign currency, the amounts are translated into local currency. Since the system rounds off the amounts in each posting line, this can lead to rounding differences due to the currency translation.
These differences are posted to an expense or income account.
During the document check, the system displays a posting line for the corresponding account.
Thanks,
Vishal

How to post the revenue to internal order

Hi guyes:
Please can anyone tell me how to post the revenue to internal order when i invoicing using VF01.
i have already tested,i enter the internal order in the TAB 'Account assinment' when VA01.
but i seem to post the sales cost to the internal order but not revenue.
Can anyone tell me how to resolve it?
Thank you!

Hi,
You seem to be doing the right thing. Once you have posted the billing document. Can you please go to vf02 and check in the item detail tab if the internal order you have entered in va02 is there.
Thanks
Rachelle

Posting to revenue Account

Hi All,
We are trying ro return a metrial to vendor using Returns indicator in PO. However we are usinng acct. assignment 'K' and trying to post the value to revenue account.
We are getting following error when we r creating PO. "Document category is not intended for revenue committment item" Message Number : TRCBCUSTOM002.
What setting do we need to make for this. Also is there any other way to post the value to revenue account?
Prashant

hi
if ur using the cost center how can u post to revenue acct
u dont think it will make some conflicts
try using a consumption acct
or try to cancel mat doc in migo
regards
kunal

Is it Possible to post actual revenue against activity.

Hi Gurus,
Is it Possible to post actual revenue against activity.
Regards,
Purna.M

Hello Purna,
Nopes.. It is not possible to post actual revenue against Network Activity.
If you try to do so, you will get an error message as
Revenue cannot be assigned to NWA XXXXXX
Message no. KI295
Diagnosis
The given object is not a valid additional account assignment for revenue or debit postings.
Procedure
In this transaction only use additional account assignments that allow revenue postings.
In that case, you need to post it to WBS element to which this Network activity is assigned.
Regards
Tushar

A/R Invoice Posting Split Revenue A/c Amount to muliple Revenue A/c

Hi All,
One of my customer wants to split his Revenue A/c amount into different Revenue A/c.
Case : My customer is in Job work business, he do Coating and Painting Process. he charges Painting charges and coating charges on same Item sent by his customer. Now he wants to enter 2 different rates for same line item and wants Invoice posting done on "Revenue from Coating" and "Revenue from Painting" A/cs.
Plz guide me what to do for it.
Regards,
Kishor Patel

Hi
Create the Item as labour Item and Map Revenue Account in G/L Account Determination as below screen shot.
Labour Item Creation
G/L Account Mapping under Item Master Data => Inventory Data = Set G/L Account by as => Item Level and Map the Revenue Account mentioned as below screen shot.
Finally you choose that item in Choose item list and please check this scenario in Test Database.
With Regards
Balaji

Posting to revenue account of another company code

Hello,
Can anyone guide me if we can attach a revenue account of another company code to our conditons, as in if any revenue has to be charged to tenant but posted to a sister company code under same chart of accounts through our contract conditions??
Veena

Hi Severina,
I saw the settings in replace account symbol. I wanted to know if someone can help me understand better, since my understanding is as below.
Since if there are two active companies and the user posts in company code A, the sytem recognizes that we are running a periodc posting in cc-A and need to post in rev acc X (in cc-A).
Then when we run for cc-B, system would recognize the PP is in ccode-B and help us post in rev acc X in cc-B.
But can my contract in CC-A, have a condition which will post to account X in cc-B, i dont see a config setting where this cross correspondence happens.
Business case : We may have a levy (revenue) of some sort is charged by company code "A" to their tenant and posted via cc-A contract to revenue account of cc-B. I dont think this is doable.
All Experts, any experience please advice.
Thanks
Veena

Error while posting revenue to internal order

Hi
I made an internal order for income and tried to post the revenue in that but an error is coming, That is :
Order 100040 cannot carry revenues
Message no. KO014
Diagnosis
You have tried to post an order, which is not allowed to carry revenues, under a revenue element (or the system determined the order automatically).
The field "Revenues" in the order type determines whether revenues can be posted to an order or not. Orders carrying revenues cannot be settled to a cost center.
System Response
Order 100040 cannot carry revenues.
Procedure
You can either
enter a different order.
enter a different cost element (not a revenue element).
After that i changed the tick to the revenue also but it was not solved. please guide.
Thanks

hi
i have put a tick on the revenue posting in the control indicator and settlement profile there is Gemeinkosten- 20.
Can u tell me that where i have to select revenue for the posting and which profile shall i select, because this profile is not suitable for the revenues.
Thanks for the reply.

Revenue Posting to Internal Order (through VA01)

Is it possible to post the revenue to an internal order using VA01 (rel. 4.7 level 27).
Thanks
Karla

Hi,
As per your query you can do the same but in case you have not reced the purchase order quantity then you have to go for make reverse entry to correct this.
I will suggest you, do not configure this type of setting othewise you will never know the the difference value of your po and actual payment.
Anil

System is trying to post exchange rate rounding revenues to a cost center!

Hello experts,
We are trying to clear some accounts payable items and also run the payment program. Both operations are trying to post revenue to a cost center (and profit center), and we get an error (because cost center is locked against revenues, and we want to keep it that way...).
We have implemented the New GL with document split. We have setup account 80600 for revenue exchange rate differences in configuration. We have setup in OKB9 account 80600 for exchange rate differences to be posted to a profit center. Account 80600 is defined as a revenue element (type 11).
Can anybody please explain why the system is deriving the cost center and profit center when trying to post the revenue, instead of just the profit center?
Eventually if I cannot solve this issue, can anybody tell me how to change a cost element category of a cost element (from 11 to 1) which already has transactions posted to?
Thank you for your help in advance!
Best regards,
Jose Eximeno

Found the answer in the doc. split for controlling setup

Revenue & expense posting- use cost centre OR wbs

Hi All,
Could you please suggest me if we are making posting for expense then whether to use cost centre or WBS.
and if we are making posting for revenue then which one to use.
I want to know where we should use cost centre & where we should use WBS.
Regards
Deepak

Hi Deepak
Cost Centers are org units in Controlling area which are used to posts periodic costs which are later absorped onto the products using product costing. In the end, you wish to have minimal or zero Over/Under absorption at the cost center level for periods under consideration.
WBS are task oriented objects and are to be created for specific purpose only (logn term projects, Asset Accounting etc)
For costs, you can use both cost center and WBS, depending on the nature of the expenditure. eg: Electricity, labour would normally be posted to cost center whereas expenses for specific purpose (training, Asset etc) would be charged off against WBS initially and later settled to respective receivers as maintained in the settlement rule.
For Revenue, Cost centers receive only statistical postings, whereas real posting can be to IO, WBS, PSG etc.
In case of WBS, real posting can be made to WBS.
Hope above information is helpful. Let me know if you need any further inputs
Regards
Mustafa

Revenue posting in Cost centers

In cost center master, there is an option to allow the revenue postings in cost center. I dont understand the significance of this. Should this feature be used or not? Also what is the difference between statistical posting and real posting?

The profit center differs from a cost center in that cost centers merely represent costs arise, whereas the person in charge of the profit center is responsible for its balance of costs and revenues, so inorder to post the revenues into profit center a cost center should be allowed to carry Revenues as data cant be directly posted to profir center
The assignment of this CO object (cost center, order, and so on) to a profit center ensures that the data is passed on to Profit Center Accounting. The profit center cannot, however, be entered directly when the FI posting is made.
Profit Center Accounting (PROFIT CENTER ACCOUNTING) is a statistical accounting component. This means that it takes transaction data posted in other components and represents it from a profit center oriented point of view. The postings in PROFIT CENTER ACCOUNTING are statistical postings, since the profit center is not itself an account assignment object in Controlling

Post revenue directly to profit center in RO

Dear Expert,
Is it possible to post the revenue directly into profit center of ROs in stead of profit center of contract when process the periodic posting (RERAPP) by not need to execute the transfer posting?
Currently if we process the periodic posting, system will post revenue to the profit center of contract then distributed to the ROs via transfer posting referenced by distribution formular in condition.
Best regards,
Tima

Hi Tima,
The behaviour of the system seems logical to me. When there is single rental object, if there is no entry in profit center field of the contract, system automatically derives the profit center of the rental object.
In case of multiple objects it is not possible unless using distribution rule user mentions the % of the distribution, and the RERAPP run fails as it expects for a profit center in the revenue line item.
Still if you want to post in this way directly to the profit center of the rental object, then we can try the below procedure. ( I have not tried but seems possible).
1. Create separate condition for the rental objects in the contract. (Ex: Ctype 10 for RO-10 ; Ctype 10 for RO-20).
2. Use the BADI or BDT ( by taking help from FI consultant) derive the profit center in the revenue line item based on RO. As there is a separate condition for RO(line item) for the contract in the posting it is possible to directly post to profit center filled in the line.
check these badi's (ZBADI_RE_RA_CA and BADI_RE_XC_MM_OT_DOC).
Thanks,
Bala.

Revenue account posting issue

hi,
i do a posting to revenue account from fb70.
when i enter cost center, i faced error saying the cost center is blocked against revenue posting.
when i enter profit center, i faced a warning 'enter a true account assignment object with revenues.
may i know if system does not allow to post revenue account manually? this revenue account is not post automatically.
why i got this error and warning (although warning can be ignored)?
thanks

hi,
1 i know that if it is locked down then not possible to post.
what i need to know is why it is locked for posting revenue?
does it mean this cost center only have expense?
2 what happen if i enter the profit center? i got the warning 'enter a true account assignment object with revenues'.
. why system throws me warning?
thanks

Revenue account posting

Dear All
I have one scenario Please check and please suggest.
Condition type                         Value     Account Key     Tax Code
PR00 BASIC PRICE                    1000
ZRP1     30% OF PR00          300               ERL
ZVAT     0 ON ZPR1             0              MW3                  A0
ZPR2     70% of PR00            700               ERL
VAT     8% ON ZPR2                 56               MW3                 AR
now posting is done 3000GL account with value 1000 and tax code A0
But I want posting in account should be like this
in revenue account in following ways :
gl code
30000     300 with A0 tax code
30000     700 with AR tax code
can any body please suggest me
Thanks in advance
Bhushan

Hi Sri Nath
My requirement is i want to split the posting of revenue account in two lines .like
gl code
30000     300   with A0 tax code
30000     700    with AR tax code
And taxes are posting correctly in their respective Gl accounts.
Regards
Bhushan Kolte

Posting of Revenues in Claims

Similar Messages

Maybe you are looking for