Price difference account - cancellation of invoice document.
I was doing the MIRO for the delivery cost for a import PO.
As i made a mistake in the entry , i cancelled the doc using MIR8
The document generated is for the reference.
How to knock out this PRD account's value
PK Account Account short text Assignment Tx Amount
21 17050057 Indian Customs - EDI V0 707509
96 26389000 Unappl cstm-CVD 20110321 V0 -144913.5
96 40408808 Price Difference-Oth V0 -142340.5
96 26389000 Unappl cstm-CVD 20110321 V0 -120621
96 40408808 Price Difference-Oth V0 -6635
96 26389000 Unappl cstm-CVD 20110321 V0 -272277.5
96 40408808 Price Difference-Oth V0 -14976.5
96 26389000 Unappl cstm-CVD 20110321 V0 -5445.5
96 40408808 Price Difference-Oth V0 -299.5
Any suggestions
Hi Mahendar,
Could you just update what is the message it is giving when you try to save the new invoice. (is it saying problem in accounting interface).
if not goto VF02 and release the billing document to accounting. Then let us know what is the message it is updating. based on the same we can analyse. or in the same VF02 look for the accounting message.
Best Regards
SRI
Similar Messages
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Price difference in the latest invoice document and the last change to
Hi gurus,
This is regarding the price difference of the latest invoice document price with respect to the price of last time the document was invoiced.Without using the customer exit or back-end developement. need info if this can be done on the front-end using the front-end tool bex designer using the CKF, RKF , Variables or conditions etc
say for instance the user wants to get the price differences with respect to the invoices for a certain period that is from 01/01/2008 to 06/30/2008( dynamic entry can be any range).
Once the user enters the range for the billing document date as 01/01/2008 to 06/30/2008 the query should return the report as
Sold-to(customer) Material, Bill doc date and the price difference. these are the four columns the users needs in the report.
now the bill-doc date will the latest invoice date for the sold-to & material, but the price difference will be the price of the last invoice date(for the sold-to , material) - the latest invoice date price.
Example. between 01/101/2008 - 06/30/2008
customer : 2765 , material : XAWE33636FD this particular customer-product had 3 invoices on 02/15/2008 , 04/18/2008 and 06/03/2008.
price on 02/15/2008 : $1.09
price on 04/18/2008: $1.87
price on 06/03/2008: $3.84
so the report should look like
customer material bill doc date price diff
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Thanks
appreciate responsesHi,
I think you will need at least some backend devlopment for this first and foremost being mapping the invoice date from souce to the Bill date.
Getting price difference is not an issue as much as tracking dates. I think you will need a counter to track the last invoice date which really needs ABAP coding
An exit would be much easier to have this functionality rather than to create RKF's and CKF's
I will update you in case any better idea strikes.
Good luck -
Price Difference Account being hit while making AP credit Memo
Hello Experts,
Price Difference Account is being hit while creating AP Credit Memo. I am creating an independent AP Credit Memo (i.e. without any base document). After posting A/P Credit Memo when I look at the Journal Entry it shows 99.43% of amount goes to Price Difference Account and the rest 0.57% goes to Stock account.
Help required please.
Thanks & Regards,
Edited by: Shahzad Nazir on Jan 19, 2011 5:54 PMHi Nazir,
This entry may have resulted because once you created the GRPO say for item A, the stock would have been consumed in production. And once you created Invoice and after that when you created credit memo, the system could not find the stock so it posted the difference in price difference account. Please run inventory posting list of the items in grpo to check the same.
Thanks,
Joseph -
Price difference account in case of FIFO method
Hi Experts,
One of client has pop up a question:
According the system behaviour the Price difference account is used when the price in the base document is different than the cost of the open layer linked to that base document, this price difference will be recorded in the Price Difference account. Which means if the price of A/P Invoince differs from the price in the Good Receipt PO then the difference will be posted to the price difference account. But how will the balance of the price difference account credited or debited? Should we make a general ledger postings?
At this moment the balance of the price difference account is 40.000 EUR, the balance of stock account is 320.000 EUR. If these items are sold then the cost is 320.000 not 360.000!
So the system collects these price differences but these refers a real FIFO value , so when the item is sold then the system should calculate these price difference values into the real FIFO value to get the real cost of the item.Is it right or not?Hi Eszter,
Indeed, the Price Difference Account is a COGS (Expense) account.
In Continuous Stock the calculated Expense (cost of goods sold) is booked when the sale is done as we know.
So when a cost is known later then the actual sale was done this also needs to be booked to an expense account, that is what happens when the Price Difference account is used.
Example:
(Purchase) GRPO Qty 10, Price $15 ($150 debited to Stock)
(Sale) AR Inv Qty 10 ($150 debited to COGS, $150 credited Stock)
Now we have 0 Qty and 0 balance on Stock account.
So now you receive the AP Invoice based on the GRPO where the price in the AP Invoice is 17. this means that you have an additional cost of $20 (Qty 10 * (17-15)).
Why is it NOT debited to stock?
As the stock account should always reflect the value of your stock you cannot debit stock (there is no stock left), so in this scenario it is booked directly as an expense (COGS) instead of going the way -> Stock -> Expense.
That makes sense, right?
Hope it helps.
Jesper -
Issue within Purchase Credit Account & Price Difference Account
Dear All,
I just wanted to know when this Purchase Credit Account and Price Difference Accounts within the Accounting Tab in Item Group or Within the Accounting Tab within Warehouse are Posted within the Transaction.
Kindly someone explain me with a proper example.
Regards
HPHello,
Price Difference Account :-
When we are using with Standard(Valuation Method) in Inventory Data Tab.
Suppose we have put cost 100 rupee for RM001 (Raw Materials) but if we make document for 120 then it will affect with difference amount it may be increase or dcrease.
Purchase Credit Account :-
when a credit transaction for purchasing is created, for example, an A/P credit memo
Suppose if we have made Purchase Invoice (A/P invoice ) and after we make Credit note then this account will be affect
Thanks
Manvendra SIngh Niranjan -
MAP Material hit Price difference account
Hi Experts,
Need your help urgently.
I gone through many threads but i did not got the solution.
Material Created with Moving average price, while implemented, uploaded the inital stock. Then created one Import PO for the same material in USD and book the delivery cost invoice in USD. Now We are booking the GRN but its going to price difference account. We have blocked price difference account for this material type.
Please suggest.Hi,
It is standard behavior when stock value in document currency is not equal to the clearing value in document currency. The posting logic is well explained in the note: 191927 - Posting logic: GR for foreign currency PO and 308008 - FAQ: Posting logic: GR/IR clearing account Question 12
Regards,
AKPT -
Price difference account at the time of 122 movement
Hi,
PO qty 1000
GRN 1000
MIRO 1000
credit Memo 1000
122 material Doc 1000
( No change of price during thiese transaction through MR21 )
At the time of 122 document creation , the accounting entries are going in to price diff a/c instead of inventory a/c.
can any one confirm the resons behing a/c entries hiting price difff a/c.
Rgds,
PradeepHello,
I think While crdeit memo system will hit Price differe account, Please clarify how the Subsequent debit/Credit works.
Suppose you have ordered 100 kg of a material. The vendor invoiced you $1 a kg, being an invoice of $100.
After a while he notices that he should have invoiced you too much or not enough. He tells you he made a mistake and agrees with you he can send you an additional invoice/credit memo for the invoiced quantity with the price difference. This will be posted as a subsequent debit/credit.
The subsequent debit/credit is an additional invoice/credit memo where only a price difference is posted for a certain quantity without influencing the invoiced quantity in the system.
After the posting of the subsequent debit/credit, you still have 100 kg invoiced but for a unit price of $1 +/- the additional correction.
Suppose you have ordered 100 kg of a material. The vendor invoices you 105 kg. You don't agree. He should send you a credit memo for 5 kg.
With a regular credit memo, you'll end up changing the invoiced quantity.
After posting the credit memo you'll have an invoiced quantity of 105-5=100.
In short:
- a subsequent debit/credit will be visible in the system as an invoiced price difference for an existing invoiced quantity. The invoiced quantity is not touched. The quantity you enter during posting is to indicate to what quantity the price difference relates.
- a credit memo is a correction of the invoiced quantity
Regards
Mahesh Naik -
Error when trying to Cancel an invoice document via MR8M Transaction
Greetings Everyone,
l am having an issue when trying to cancel an invoice document via MR8M transaction. It gives me the following error message;
SYSTEM ERROR: error in routine MRM_DRSEG_CR_CREATE
Message no.M8008
Procedure:
Contact your system administrator.
This invoice was related to a check payment. The check has been voided already and there is no clearing document for the accounting document. So, the item remains open. However when l try to reverse, it display the error message above.
Thanks in advanceread notes 449277 and 750455, your solution is probably there.
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Price Difference account when Creating Goods Return
Hello experts,
I got below case:
1) Create a GRPO
2) Created Landed Cost document
3) Create a Goods Return (realized the lot number entered on the GRPO) was incorrect.
When I create the latter document, this impacts the Price Difference account for the same amount increased on the Landed Cost document?.
The Accrual Landed Cost account it is the one that should get hit.
Any suggestions? is this how it is suppose to behave?Hi,
Are you working with 8.8 version? If yes,
then check Note no. : 1554871 regarding the issue reported by you and confirm whether the issue is similar to the one mentioned by you here in the thread.
If not, please check Note No. : 1161695 and see if the same is the scenario.
You can update us with the version and patch if further tests needs to be done.
Kind Regards,
Jitin
SAP Business One Forum Team -
Price difference account posting for return of goods using MR11
HI SAP Expert
When we are running MR11 for goods receipt transaction system is posting reversal document to price difference account instead of inventory account.
In this case relevant details are :-
Price control for Material is S .
PO QTY 190( Purchase order is of M category with sales order linked)
GR qty 190
IR qty 20
Return Qty (ACCM) using MR11 :-170
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Standard price : 81.99
GR price :-84.74
When a document is posted using MR11 for reversing goods it has posted value : 14,405.80(170*84.74) to price difference account instead of material account. What could be reason for system behaviour.
With Regards
A NHI,
check you have material qty in system check in MMBE or MB5B on givin date
if dont have any qty system will hit PRD account its sap stander
Regards
Kailas Ugale -
Query for Price difference account when item is not sold but not on stock
Hi Experts!
One of my clients accountant requires a report which will help for what to do with the balance of the price difference account.
At the and of the year there are some postings on this account, but not every item that hadnt been on stock when A/P Invoice arrived were sold. Some item were waistrel and put into a waistrel warehouse, but not sold.Some item were sent back to the supplier, but not sold.
Is it possibble to make a query for knowing where to post the balance of the price difference account? Not all should be post to the Cost of goods sold.
Thank you in advance!Hi,
The query is possible. However, it is a complicated one. It is also need to involve detailed analysis to your transaction histories. You may start from OINM table to check.
Thanks,
Gordon -
Price Difference Account and Change in Stock Account
Hi Experts,
What are the main differences between "Change in Stock Account" and "Price Difference Account" ?
Can anybody plz provide me the documents which gives sequential entries from GR to Payement involving these two Accounts?
Regds,
BijayHi
Change in stock is triggered when goods are delivered to stock (Fg location) thru movement type 101 - GR for an order.
During PGI - entry posted is
COGS - Dr
FG Inventory - Cr
Just though of correcting the message posted
If the above clarifies pls assign points as a way to say thanks -
Price difference on cancellation of production order confirmation
Hi,
We are having a material which is maintained at price control "S". We have created a production order for the material. In due course of business, we did confirmation for say 100 pcs of the material. However, immediatly on confirmation, we realized that we do not need to do the confirmation & hence we did the cancellation of the production order confirmation using CO13.
On doing the production order confirmation cancellation, we observed that the system has posted some amount to "price difference account"
We also observed that once in a while this kind of entries do get posted.
It is requested to please let us know in why system is behaving this way?
We have checked SAP Note no 216080 "Price difference when reversing GI for S-Priced material" & SAP Note no 215980 'Price difference during GR for the production order". However we are not convinced that these could be the reason for the price difference.
Thanking you in anticipation
Regards
Santosh Kumar AgarwalHi,
Yes, you are correct in the understanding that the system creates quants in 914 when the production order confirmation is cancelled. But, it does not generate any TR or TO in the background to post the stock back into the original storage type.
Can we not use the put away strategies so that the system determines where to place the material? My query is that despite all the configurations for automatic TO creation and confirmation for movement type 262, it does not generate a TO (or TR) in the background when a production order confirmation is cancelled using CO13.
However, if I manually post a material using MB1A for 261 movement type and reverse it using 262, it generates a TO and confirms it as per the setting in configuration.
The same thing does not work when we run it through PP (CO11N and then CO13).
Any suggestions on how to approach this and where to check for missing configurations?
Thanks and Regards,
Gaurishankar -
PRD-Auto Post price differences to different price difference accounts
Dear all,
As I know, in Account Automatic Posting, the transaction key PRD is for Cost price Difference.
If I want to post price differences to different price difference accounts in the case of goods receipts for different cost in purchase orders, How can I configure it?
Example, in PO, there is 2 costs: Freight (F) and Insurance(I) are key in as Condition Type.
I would like to post price difference from F to account XXX, and price difference from I to account YYY.
Can I configure like this?
Thank you very much for your support!
Cao HuyHello,
What is price difference.
Price differences arise for materials valuated at standard price in the case of all movements and invoices with a value that differs from the standard price. Examples: goods receipts against purchase orders (if the PO price differs from the standard pricedardpreis), goods issues in respect of which an external amount is entered, invoices (if the invoice price differs from the PO price and the standard price).
Price difference in genereal will not trigger for the materials with price control V ( Moving average price) but however
Price differences can also arise in the case of materials with moving average price if there is not enough stock to cover the invoiced quantity. In the case of goods movements in the negative range, the moving average price is not changed. Instead, any price differences arising are posted to a price difference account
For you example, you have you are having PO with Freight (F) and Insurance(I), these are called pallned delivery costs, not Price difference,
so create two different condition type for Freight and insurance and assign two different G/L accounts for these condition types in account determination.
While posting system will hit perticular G/L acconut.
Regards
Mahesh Naik -
How to change price differences account during subsequent debits only
Dear all,
Has anyone succeeded in changing the price differences account during invoice posting (MIRO) according to particular customer specifications like having it changed only in case of subsequent debit invoices (this is a current requirement which we would like to solve)? Is there any BADI which influences the price difference account determination or is there only the PRD-related setup via account-determination-customizing?
Thank you for your feedback!
Kind regards,
KlemensThey don't want to control the "PRD accounts" - they just need a solution to have different accounts available for the situation in which the usual PRD account assignment triggers. They need this because they get subsequent invoices (very late in the process) after the whole stock is already moved away and hence, the whole subsequent invoice amount would go to the price difference account; which they don't want to have.
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