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

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Header price into revenue account posting

Hello,
We have a condition type with calculation type is set as FIXED VALUE and relevant for header condition. When we insert the price in document header for header condition type, system automatically replicates/split the price into line item wise and during revenue account postings, system post the value for each line item instead the header price, example - PRICE IN BILLING DOCUMENT
Header Price: Stamp Value: 100 USD
Line Itme 1:
Quantity: 1
Basic Price : 200
Stamp Value : 50
Line Item 2:
Quantity: 1
Basic Price : 200
Stamp Value : 50
Revenue Account Posting -
Customer 500 Dr
Revenue Line 1: 200 Cr
Stamp value: 50 Cr
Revenue Line 2: 200 Cr
Stamp Value: 50 Cr
However we need the value in revenue account posting as below -
Customer 500 Dr
Stamp value: 100 Cr
Revenue Line 1: 200 Cr
Revenue Line 2: 200 Cr
Please suggest
Best Regards,
Goutham

Hello Goutham,
if I understood well your requirement:
2 billing items with 2 materials, every item has Price condition and Stamp value condition.
You want in FI document the 2 Price conditions separated, creating 2 FI lines.
Whilst the 2 Stamp conditions joined in 1 FI line.
In the standard, SD passes to FI one line for every condition of every item (+ customer line).
Then in FI side the lines are summairzed, or not, depending on setting in OBCY.
If in OBCY there is only the line '' '' then system does not summarize the lines with different materials.
So in the standard there is not a solution for your requirement (as both Price line and Stamp value line have material).
The lonely possibility is to clear the material in the lines referred to Stamp value condition, and leave the material in the others.
In this way only the Stamp value lines will be summarized.
This can be done by one of userexits mentioned in note [301077|https://bosap-support.wdf.sap.corp/sap/support/notes/301077].
Consider theis would be a modification, and so it is not supported by SAP.
Best regards,
Ivano.

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?
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HI sap gurus,
PO Conditions Insurance,Admin charges are configured in PO Conditions.These are configured to automatically debit expense and credit to SCM revenue account.But,the same is not reflected in the SCM revenue account.Can you pl.throw some light on this issue.
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CHeck your settings in OBYA, OBYC and VKOA
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Hello Gurus,
How do I populate the values in the revenue accounts that are plugged in the access sequences in VKOA before Go-Live. My concern and confusion is that these accounts are plugged in VKOA so ideally they should get populated via some trigger. If I try to post a journal entry directly, then I get the error ,'Enter true account assignment'.
For example, when the question of populating trade receivables domestic account (recon account in customer) came up, that account will get populated automatically when we upload open AR balances.
But in case of revenue account, I am not sure what exactly needs to be done.
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Edited by: SB on Sep 17, 2008 9:46 AM

The revenue accounts (for that matter all GL accounts) will be updated when the GL balances are uploaded before Go-Live. Normally from FI side four types of opening balances will be uploaded before going live.
1) Customer balances
2) Vendor balances
3) GL Account balances (which includes excise opening balances)
4) Asset balances
Regards,
GSL.

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

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.
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Exice Duty Should be Posted To Sales Revenue Account

Dear All,
Our customer wants all the excise duty to be posted to the sales revenu account.
So i have changed the accounting key to ERL corresponding to the Excise Condition types.Now all the Exicise Duty is flowing to the Sales revenue account.
Is that Correct?
And when i create excise invoice in J1IIN,what are the accouting document should be genereated and what should be debited and what should be credited.
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Venugopal

Dear PM,
Thanks for your response...
When i checked the accounting document at the billing document level,the customer is debited and all the other duties is going to the sales revenu account.
And when i check the accouting document at the excise invoice,cenvat suspense a/c is debited say for example 8.24Rs and RG23A Cenvatinput BED 8 and other Educ Cess .16 and Higher Edu Cess .08 is getting credited.
Please advice me is this correct.
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Posting Ar-invoice with 2 revenue accounts

Hello experts,
my client would like when posting an AR invoice to withhold a given amount out of the unit price and post it in a separate revenue account.that amount is multiplied by the quantity as well. (basically the ARinvoice should post into 2 revenue accounts)
Ex: qty=10, unit price=1000, amount to withhold by qty:20
revenue account no 1= 980*10=9800
revenue account no 2=20*10=200
Can anyone help with this please?
Regards

Hi........
In your case please do the transaction in two lines.
Where in first put Item with 980 Qty and 10/- with revenue account one in GL account Column..
And in second line put Item with 20Qty and 10/- with revenue account second in GL account Column......
Regards,
Rahul

What is difference between Reconciliation Account and Revenue account.?`

What is difference between Reconciliation Account and Revenue account.?
Where does it effects after a sales order , delivery doc. or billing doc.?

Hello Mukesh the comments givan by Amol and Siva kumar are correct.
Here I am telling you how these accouts arer wrking in sales order and at billing and delivery.
Our reconsilation account is reconsile with customer that why when you create the sales order you are mentioning the customer at this time reconsiation account works.
Whenever you doing any posting there is an accounting entry is mae in accounts book right .
At the time of Delivery and billing both the accounts are affected as per the accounting rule .
I hpoe this will you help you
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ravi

Diff Condition Type Account Posting in Sales

Hello All,
The problem in SD pricing is as follows:-
In a pricing procedure we have two manual condition types one is for normal Sales Dr/ Cr. & another for Sales Freight.Now I want to know what are the configurations needed so as to get - After saving the sales order in case of Round Off calculation & posting for Sales Dr. / Cr. the GL code assignment in DIFF account key will be of Sales Dr./ Cr. whereas in case of Sales Freight for Round Off calculation & posting the GL code assignment in DIFF account key will be of Freight Revenue.
Please suggest.
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Priyanka Mitra

Hi,friend
Actually, I'm not very clear your requirement.
For the account determination, you should notice some key information.
In the pricing procedure, the account key is very important factor for account determination.
In the menu SPRO->Sales and Distribution->Basic Function->Account Assignment/Costing->Revenue Account Determine, you can find out the IMG settings for revenue account.
Normally, the account is determined by Chart of Account, Sales Org., Customer account assignment group, Material account assignment group and account key.
Hope it can take help!
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Wink

What is the purpose of Clearing and Revenue account in Asset Disposal : F-92?

Hi All,
Please clarify my doubt ;
In Asset Disposal - Sale to Customer : F-92 with customer
Suppose an asset with historical cost $1000 and accumulated depreciation of $100 is being sold to a customer at $1100, the posting entries will be as follows :
Dr     Customer Account (A/R)                    1,100
Dr     Accumulated Depreciation                    100
Cr     Fixed Asset - Acquisition Cost           1,000-
Cr     Gain/Loss of Fixed Asset Disposal       200-
Dr     Clearing Account for Asset Disposal   1,100
Cr     Revenue for Asset Disposal                1,100-
I completely understand the first four line items, but don't know the purpose or the 5th and 6th line items.
Please explain why we need a clearing and revenue account for asset disposal and what would be the impact of these accounts in asset accounting?
Thanks in advance !!!
Regards,
Vicki

Hi Vicki
This is just a technical account, which gets Dr and Cr in the same document
The purpose is just to tell you how much asset sale has happened during the year.. You can get this info by looking at the GL Account
Since Asset Module is a sub ledger, the asset needs to be retired. At the same time, the FI-GL also should show the needed info from accounting perspective
While the required GL entry is completed with the 1st 4 line items, the 5th and 6th are just the statistical ones
Br. Ajay M

Unbilled Receivable and Unearned Revenue Accounts

We are using expenditure items for generating revenue and then for billing.
When we generate revenue, the entry is: Revenue Cr to Unbilled Receivables Dr
When we generate Invoice, the entry is: Unbilled Receivables Cr to Receivables Dr, which is file
If we cancel above invoice for some reason and again process invoice, then entry is: Unearned Revenue Cr to Receivables Dr
Due to this, we are having Unbilled Receivables & Unearned Revenue balance in the system (though the amount in both accounts is same & it nullfies, it is not correct representation). Ideally, when we regenerated invoice, the entry should have been: Unbilled Receivables Cr to Receivables Dr
Let us know why the system is bringing Unearned Revenue account in picture in this case.
Regards,
Ketan

Ketan,
Let me see if I understand what you are saying. You have generated the draft invoice and interfaced it to Accounts Receivable, correct? That part is working okay, it looks like.
How are you cancelling the invoice? Are you doing that in Project Billing? Is it correct to assume that you are doing the "Cancel a released invoice" process, rather than the "Write off an invoice" process? Cancelling an invoice will create a credit memo for the entire amount of the canceled invoice (at least in R11, which is what I am on - you did not mention what version you are on). Did you get the credit memo generated and posted? If so, what was the resulting entry for that credit memo? That is what you need to focus on first, I thiink. If that entry is Unearned Revenue Debit and Receivables Credit, then it does make sense that when you regenerate the invoice, the entry would be Receivables Debit and Unearned Revenue Credit.
I am guessing here is how the Oracle designers were thinking. Again I am guessing. And I am not saying I agree/disagree with such thinking. I think the idea is that it is not going to be unbilled receivables now because you had billed the revenue at least one time. After all, the cancellation technically does not undo the billed invoice - it merely creates a credit memo. The revenue had already been generated, so the Revenue account does not come into play. So, if not unbilled receivable, and you don't touch revenue, by default that leaves the unearned revenue account to hit.
Now, like you, I would think Unbilled Receivables would be the better account to hit. It could be possible that you have run across a program bug here. So here is my thought process -
1. What was the journal entry generated by the invoice cancel?
2. Is the journal entry generated by the invoice regeneration not the reversal (in effect) of the credit memo entry?
3. If those two entries are not offset, I would log a service request with Oracle support. Either they have a bug or they have a design flaw. Of course if a design flaw, then you are stuck. You would have to enter an enhancement request to get Oracle to change the process.
4. However, if those two entries do offset, and it sounds like they do, then you have a system that seems to be working as designed. In that case you need to submit an enhancement request to have Oracle change its current process.
Does this make sense?
John Dickey

Accruals revenue account change

Hi,
I have chaged the account number accruals revenue account by T code VKOA.but when i am posting the invoice to accounting still it is show the old account number in accounting document.i checked the settings almost everywhere,also searched on SDN as well.can anyone tell me if any possible error in any assingment.
Thanks

Hi there:
Could you tell me which table(combination) do you change for assigning G/L accounts?

Billing Document - Summarize by Revenue Account in Accounting

Hi Guru,
I'm trying to post a Billing Document with more than one Conditions Type linked to the same Account Key and to the same GL Account.
In the Financial Document I see more than one line item by condition type, even if I have always the same revenue account.
How can I summarize it by Revenue Account?
Let me know
Thanks
Stefano

Hi,
Try to use t-code FS10N, BTW in the screen of accounting document you can also use the option of filter to fetch out the value of revenue account only!
Hope can help you!
Good day
Tao

Revenue account posting

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