Rebates Reversal
Hi all,
Rebate agreement is settled "D". however on MCSI report, it is still showing accrued column with amount figures, instead of 0. what my question now is, is their a way to reverse the rebate agreement, after it is settled, if yes, what is the tcode, & how do i have to go about in reversing the rebate agreement.
thanks in advance.
Hi
I can well understand that you want to reverse the accruals before the month end closing but this whole thing is very hard to manage in SAP. Anyway maybe you can try these steps.
1. Initially create the rebate agreement for one month based on month end closing calendar
2. Accrue as per your conditions.
3. On the 10th of next month settle the previous rebate agreement for the desired accrual amount.
4. Do the final settlement for 0 amount so that remaining accruals are reversed.
5. Go to VBO1 and click on create with reference, enter the old agreement number and the new validity period.
6. Run VBOF for the first 10 days of accrual.
Thanks
Indranil
Similar Messages
-
Rebates - incorrect condition type used
I have one rebate agreement (promotion) that has two conditions types attached, one is for Customer Hierarchy/material and the other is Customer/material, both are a fixed amount but going to different accounts.
The promotion payment has been partially paid but the user paid against the customer /material condition instead of the customer hierarchy /material condition. How would I correct this in accounting and how would one prevent this from happening in the future?Hi,
1) Normally there is a rebate reversal document type set up in the system.
You should use this document type to reverse the entry. You need to close the rebate.
2) Fix the setting or configuration. The posting to the account must be done automatically.
3) Create new rebate.
4) Run retroactive rebate processing.
Regards -
Reversal of a Customer Rebate Credit Memo
Folks
Having posted a Customer rebate credit memo, what is the functionality to allow it to be reversed?I cannot see any way in which it is possibe to post a Customer Rebate Debit Memo.
Please note that I am referring to rebate related Credit memos in this thread and not normal credit memos.
We are currently on version 4.7.
Many thanks
RichieHi Richard
Credit memo requests and credit memos must be closed before final settlement can be done. To carry out final settlement of a rebate agreement:
In the Change rebate agreement screen, enter the number of the rebate agreement that you want to settle or determine the number by using the matchcodes.
Press ENTER .
Depending on how the rebate agreement types have been configured for your system, you may need to manually release an agreement before you can process it for settlement. To do this, enter the appropriate value in the Agreement Status field.
You can carry out final settlement in two ways:
If you need to change the credit memo request select Rebate payments > Final settlement > Automatically.
The system confirms that a credit memo request has been created.
To make changes to the credit memo request, select Rebate payments > Credit Memo Request > Change.
To cancel a credit memo request, select Rebate payments > Credit Memo Request > Reset.
If you would just like to make quick changes to the final settlement amounts select Rebate payments > Final Settlement > Using Payment Screen.
The system shows the final settlement amount in the field Amt. to be paid next to the condition record.
The system will not limit any changes you make.
Save the rebate agreement.
After the rebate agreement has been saved, it is only possible to change or delete the credit memo request by calling it up as a sales document (Menu path: Logistics > Sales, then Order > Change).
You could also visit this link for more about Settling Rebate Agreements
http://help.sap.com/saphelp_470/helpdata/en/dd/5612d8545a11d1a7020000e829fd11/frameset.htm
I am sure this would give you and idea to head start.
Reward only if it really helps.
Kalpesh -
Hi, can anyone advise is there a another way to reverse a rebate credit memo other than cancellation? Reason is bcos user found this mistake after monthend and their practise is not to perform cancellation after monthend. Is there a correction document that can be used to do the reversal?
Thanks
PPHi Richard
Credit memo requests and credit memos must be closed before final settlement can be done. To carry out final settlement of a rebate agreement:
In the Change rebate agreement screen, enter the number of the rebate agreement that you want to settle or determine the number by using the matchcodes.
Press ENTER .
Depending on how the rebate agreement types have been configured for your system, you may need to manually release an agreement before you can process it for settlement. To do this, enter the appropriate value in the Agreement Status field.
You can carry out final settlement in two ways:
If you need to change the credit memo request select Rebate payments > Final settlement > Automatically.
The system confirms that a credit memo request has been created.
To make changes to the credit memo request, select Rebate payments > Credit Memo Request > Change.
To cancel a credit memo request, select Rebate payments > Credit Memo Request > Reset.
If you would just like to make quick changes to the final settlement amounts select Rebate payments > Final Settlement > Using Payment Screen.
The system shows the final settlement amount in the field Amt. to be paid next to the condition record.
The system will not limit any changes you make.
Save the rebate agreement.
After the rebate agreement has been saved, it is only possible to change or delete the credit memo request by calling it up as a sales document (Menu path: Logistics > Sales, then Order > Change).
You could also visit this link for more about Settling Rebate Agreements
http://help.sap.com/saphelp_470/helpdata/en/dd/5612d8545a11d1a7020000e829fd11/frameset.htm
I am sure this would give you and idea to head start.
Reward only if it really helps.
Kalpesh -
Settling of rebate agreement : Accrual not reversed
Hi experts,
I've quite a strange problem when i make a final settlement of a rebate agreement :
The accrual are not reversed but are counted twice.
I.e. I've an accrual of 100u20AC for a rebate agreement, when i settle it, it didn't go to 0 but to 200u20AC.
When I make a partial settlement, the accrual is well reversed.
The document types are the same for partial and final settlement.
VKOA is correct and all FI document are posted correctly.
Has someone an idea?
Thanx
NicolasHi nicholas
If answer has been given or your problem is solved ,kindly close the thread but if it is not solved dont close the thread , but if you have any new problem post it differently
Regards
Srinath -
We have created a rebate agreement and settlement has been made. Subsequently we have created another agreement and run vbof. We have stopped last month and this month we had run the vbof again. Its because of this invoice 2 invoices on 10th april posted on 30.06.2014 and 2 invoices on 01.07.2014. We wanted to reverse this on the corresponding month. How to do this.
Hi Jo Jo,
I had implemented Rebate in my company and had similar problem.
After doing Trial & Error on Sales Volume & Verification level screen I found:
In Sales Volume :
After u201CPayu201D of Accruals, remaining value comes. If the credit note created is not passed to A/C, the value does not get reduced. Also, unless the Invoice/Billing Doc. is passed to A/c. the value here shows 0 (ZERO)
Items that show accruals of 0 are invoice line items that applied retroactively. Since the rebate agreement did not exist when they were created, no accrual could be made.
In Verification level:
Total accruals, document and item wise come.
So the difference may be due to some of the docs that are not passed to Accounting or may be due to retroactive agreement.
Hope it adds value to your question.
Regards,
Tushar Karwa -
Report for Accruals, Accruals reversed, Rebate payments of rebate agreement
Hi Gurus,
Is there any way to get following details of rebate agreements:
input parameters :
valid to date (end date of agreement)
agreement status
output required:
KONPD-RUWRT Accruals
KONPD-RRWRT Accruals Reversed
KONPD-AUWRT Rebate Payments
RV13A-KNUMA_BO Agreement Number
KONA-BOSTA Agreement Status
KONA-DATAB Validity Period (from)
KONA-DATBI Validity To
By Tx VB(7 only few details are coming. I guess an ABAP query needs to be created.
Can anybody help me on this.
regards
rama krishnaHi Pramod,
But Tx VB(8 gives only list of rebates. I want list of rebates plus accruals, rebate payments & accruals reversed.
regards
rama krishna -
Reversing of accruals for Rebate agreement with status D
Issue :
Rebates were wrongly accrued because business had cancelled final settlement for rebate agreement ,and then created new rebate agreement for final settlement.
Details:
Three rebates agreements were created for the same customer .
Two of them were wrongly created and final settelment was done by business .
So business cancelled final settellemnt for these 2 rebate agreement.Hence status of these rebate agreement is D.
(Note -credit memo was not issued for these 2 rebate to the customer)
Third new rebate agreement was finally created and after final settelment credit memo was issued to customer.
Now since for first 2 rebate agreement final settelment was done and then cancelled,accruals are still sitting in G/L account.
Please suggest how to reverse these accruals, so that G/L accounts can be cleared.Hi Saurabh
Why dont u reverse the entry direcely in FI by passing an entry with document type SX to reverse the accrual.
Thanks
Indranil -
Why Customer Rebates is reversed in COPA
Hi,
Value is only debit memo value. But Why is Customer rebate cost is reversed in CO-PA?where is the problem? why it happend so? kindly advice me,it would be a great help for me. will assign pointst.
Thanks
SunithaHi Sunitha,
In reference to note 37114 the following will help explain how to
set up the signs in the system.
The "Transfer +/- sign" indicator should be used selectively for those
individual condition types that
1. Can have both negative and positive values (This is especially the
case with condition types that can represent a revenue surcharge or
a revenue reduction.)
2. Occur more than once in a billing document and produce both debit
postings and credit postings (This is the case when reserves are
created or resolved, as described in OSS note 37114.)
If you select the "Transfer +/- sign" indicator, the system calculates a
balance of the positive and negative values for that condition type.
This ensures that the correct total for that condition type is shown in
the corresponding value field.
3. The following table shows an overview of how condition values are
updated in CO-PA for billing documents from SD:
Billing document (normal) "With +/- sign" "Without +/- sign"
Debit posting negative positive
(such as sales deductions)
Credit posting positive positive
(such as sales revenues)
Credit memo/return "With +/- sign" "Without +/- sign"
Debit posting negative negative
(such as sales revenues)
Credit posting positive negative
(such as sales deductions)
As of Release 4.6, the system checks the value field assignment when
you transfer billing documents into the profitability analysis for
condition types of condition class 'C' (expense reimbursement). If you
did not set the 'Transfer values with +/- signs' flag in the Customizing
(Transaction KE4I), the system issues error message KE/AD243 in order to
prevent an inconsistent update of the data in CO-PA (refer to Notes33178 and 52849).
I hope this explanation helps to clarify the issue.
Regards,
Abhisek -
Hi
How to Reverse Rebate accruals.In Rebate agreement type I active reverse rebate accruals but what is the process to reverse it
I created Agreement as RS 10/unit
If i created invoice for 20 qty so accrual amount = 20*10=200
My accounting entry at this stage are as follows
G/L account for accrual-credit and
Provision account for accruals-debit
I want to reverse the accruals now
what is the process
Regards
HemantHi,
the functionality of reverse accruals indicator in aggrement type is to reverse the accruals atr the time of intermittent settlements not the wrong accruals. if u made wrong accrual amount then u can cancel the relevant billing document in VF11 and then fo VBO2 make fresh condition records and then billing process billing. if the above solution meets ur requirement then it is ok or else please let me know why u want to reverse the accruals?
Regards,
Sadanandam Kasarla -
Rebate Agreements - Free Goods payment
Hello,
We're currently using SAP Standard Rebate Agreement process.
Final Settellment is generating a credit memo request, then converted into a credit memo.
We hava a user request to stop using credit memo and to deliver free goods instead.
The only solution we have today is to follow accruals using the rebate agreement, then to reverse the accrual manually and to create a free good order seperately.
Is there any way to manage payment of rebate agreement with free good delivery.
Target is to keep an integrated process.
If someone already solved this type of request, we would be interested.
thanks for your help
best regards,Hi,
By raising credit memo, we are just creating a liability that we have to pay / adjust to client for the rebate discount due. Payment method can be set in agreement master and while posting credit memo to accounting, will be passed to accounting. This data can then be used by FI - AR team to make the payment.
Regards,
Naveen -
SD Rebates Quantities in credit memo request S060 doesn not have MENGE
When settling an agreement the quantity in the credit memo request or for reverse rebates debit memo does not carry over the quantity. In purchasing rebates the info structure S074 includes site and MENGE as fields however on the SD side these fields are not there. It appears standard SAP just passes the value over to the sales order and hence billing.
Has anyone tried to include quantity-menge onto the sales order from settlement?Hello,
The quantity that you are requesting is not available in general in the
credit note. Instead you can use the the condition rate, the condition
base and the condition value from the condition record related to the
item. With these values you can explain the rebate-value, that is paid
to your customer.
Of course: if you create a quantity-based rebate condition , you have
the quantity in your condition record.
Main reason why the origin quantities are not part of the credit memo,
is, that the quantity is not stored / cumulated in the statistic tables
during the posting of a invoice. Only the condition base value (revenue)
is stored and is shown in the condition record of the item.
Kind regards,
Kelly -
How the sales returns will effect after rebate settlement in sap
Dear SD Experts,
I have a query that the Rebate settlement is done (Material Rebate) after that the sales returns has taken place and again in the credit memo the system is showing the rebate accruals.
Can any one please suggest me how the actual postings will takes place? what changes need to be done to reverse the rebate accrual already posted.
Thanks in advance.
Anjan kumarHi Imran
1. The first entry should ideally happen along with the invoice posting or when you run VBOF.
Dr. Rebate Discount
Cr. Rebate Accrual
This means that rebate accruals are happening. This means you are keeping a provision to pay. You are booking a liability in your books.
2. The second entry is when you pay out to the customer.
Dr. Rebate Accrual
Cr. Customer
This means you are reducing the customer balance by adjusting against the liability. Ideally this entry is passed when you do a partial settlement. If a final settlement is executed then the additional accruals if any in the account will get reversed.
3. While taking returns the entry that you say that is happening is
Dr. Customer
Cr. Rebate Accrual
This is also correct since he has returned the good, we ideally should not pass on the benefit to him. Additionally if this is happening that means the rebate is still active. When you finally settle the rebate if there is any balance in the rebate account it will get reversed. This means liability will be reversed in your books of accounts.
Thanks
Indranil -
Hi,
I encounter the following problem with B3 and B1 billing types: Error in account determination message VF051 for Partial settlement and Final settlement
A bit more detail:
Create a rebate agreement with relevant conditions.
Complete Customer Order Cycle Process with Billing.
Accrual posted successfully.
However when you display the open items in this Provision GL account, items are shown when you select Normal items. When Noted items is selected, nothing is displayed.
I have create a rebate settlement credit memo request limited to amount in accrual account. It saved successfully, remove the billing block and created the Credit Memo that don't want to release to accounting.
The same rebate conditions are displayed in document in 2 lines: one with a positive and one with a negative. The positive in the Net Value amount. When you check account determination analysis on the credit memo then it determines the accrual account and the rebate sales deduction account.
It is possible that the accrual posted as a normal item could prevent the system from reversing the accrual in the provision account and we should therefore change it to post as a noted item.Hi,
Try the transaction code KE4I, to assign SD condition type to COPA.
Thanks,
Rudi -
REBATE SETTLEMENT ERROR. " SADHU KISHORE , AYUB .
Hi all,
well have created material rebate in vbo1 & the rebate is for 50 .In vf02 in accounting doc the amounts are displayed as :
ERU rebate accurals : 50, & reverse for other :50 .
can u pl let me know wts the amount 50 ,which says reverse for others.
2nd part while paying partial settlemt with amount 20 ERB is posted with the amount 20 . and ERU says 20 & the same 20 is shown across reverse for others
3rd part balance 30 is settled in full but sill its open .
The final settlement amount is being doubled even its settled .
MY concern is should i do final settlement or any other procedure to settle rebates .
Regards,
jerry .
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