Rebate Accounting Entries.

Question

Dear Sd gurus,
I have done whole senarion of rebate bt i wan tto know std accounting entries in rebate process like wht goes cr or dr like accurals g/l etc.
and want to know abt manual accuals doc & rebate correction req doc.
hope u will solve my issues.
Regards

Answer 1

Hello,
The Accruals will be posted to the G/L account which is maintianed against the account key ERU and the rebate (deduction) will be posted against the G/L account maintianed for accounting key ERB.
Manual Accruals:
Posting accruals manually can be useful in different situations such as: Lump sum payments , Accruals correction.
You can control at which time and for which amount the accruals should be posted.
To post accruals manually:
Select Logistics --> S&D --> Master data -->Agreements --> Rebate agreement -->Change. Enter the number of the rebate agreement or determine the number by selecting a matchcode.
Press ENTER. Goto -->Manual accruals (overview screen)
Enter the accruals to be posted in the field beside each rebate condition record as follows: negative amount: to build accruals,  positive amount: to reverse accruals
It is not possible to reverse more accruals than actually exist for a condition record.
Rebate Correction:
Instead of trying to figure out the manual accrual difference, you can also use the correction document. IMG -->SD -->Billing>Rebate processing>Compare Rebate Basis And Correct Accruals. Enter the agreement number, and execute. Instead of doing a manual accrual, just click on the button, which will automatically create a “B2” correction document.
Prase