Settlement Amounts in GIS(intercompany) transactions
When trying to create transactions of type settlement, we get the error that there is no invoice found in spite of entering the correct invoice number for which we are entering the settlement amount.
Any suggestions on how to resolve this?
Hi,
Are you referring to AGIS or GIS in 11i.
Madhura
Similar Messages
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Ebtax for Intercompany Transactions
Gurus ,
We have a requirement by our business where they want to automatically calculate the tax for intercompany transactions in Payables. In todays world , they are manually selecting tax classification code and business category to calculate tax in AP. On AR side we are using sabrix and on AP side we are using EBtax. Has anyone faced such implementation ? Does anybody know how to configure ebtax so that for intercompany transaction tax is automatically calculated while importing transaction in AP.
Please help !!
Thanks
KateHi Kate,
We had a very similar situation with only difference being Taxware in place of Sabrix.
If you do not have any bolt on for tax, and use AGIS for intercompany transactions, the AR taxes will be copied to AP automatically and taxes will be same in AP as well as AR.
However, if a bolt on is being used, Sabrix in your case, the AR taxes are not copied over to AP by Oracle.
Either you can get a small customization done with all AR taxes getting copied and inserted into AP interface tables or you can get all the taxes in AR to default to zero amount in Sabrix.
(we could get the second option done as all intercompany transactions were settlements and tax could be brought to zero amounts).
Regards,
Abhi -
Intercompany Transaction Module - General Questions
I do not have any real experience in using the Intercompany Transaction Module and have some general questions relating to the applicability of deploying this module at my site...
The underlying GL systems capture Intercompany balances - but not the ICP entity detail. Therefore for each ICP Account the Trial Balance load into HFM (via FDM) will load the ICP Account balances to the [ICP None] member. We were originally going to provide a form through which these balances could be cleared from [ICP None] to the valid ICP members.
However, a need to load multi-currency transactions has emerged putting the Intercompany Transaction Module under consideration.
Not sure how the use of this module would work alongside the balances already loaded in the GL Trial Balance? Does this module merely allocate the existing balances or would we need to write a rule to reverse out of [ICP None] the values loaded via transaction to ICP Entities?
Any advice will be appreciatedBy default, [ICP None] and [ICP Entities] will aggregate to [ICP Top],but there is one application setting: ICPEntitiesAggregationWeight
this setting Specifies the percentage of intercompany partner entity [ICP Entities] amounts that aggregate to the [ICP Top] member of the Value dimension. By default, the value is 1, you can specify it to be 0, and using validation to make sure [ICP Entities] =[ICP None], then [ICP Top] will only =[ICP None] and will not double count. -
Re:Currency Conversion In Intercompany Transactions Currency Rate
Hi FI Experts ,
We have a Scenario of Intercompany transactions .
Kenya - KES
Uganda - UGX
1 KES = 25 UGX
When posting is done in the UGX, amount in Local Currency is getting multiplied with 25 instead of dividing it by 25 to convert into Local Currency ie KES
Please Help how to go about ....
Regards,
SriramSrirama,
You need to make sure that you have a translation ration as 1:1 for KES to UGX and UGX to KES. Then you need to maintain the FX rates in OB08 transaction as follows:
1 KES = 25 UGX and
1UGX = 0.04 KES
You have to specify this otherwise the system won't give you the proper results.
Best regards,
Vishal Thakur -
Problem in Intercompany Transactions
Hi Gurus
I used 'IC Transaction Tasks' as stated in http://www.oracle.com/technetwork/middleware/financial-management/tutorials/mictrans-094190.html
I'm able to see the data reflected in the data grid but when I choose "Consolidate All With Data" at the first common parent, the Intercompany transaction is not eliminated(Not showing zeroes).
Please help me understand and fix this. Thanks in advance.Hi,
As far as i understand,
you have 3 entities considered in this example: Europe, Italy and france(Italy and France are tagged as ICP entities)
Tell me one thing- is Europe the Immediate parent of both the entities: France and Italy
Suggest you to Look at tghe Value dimension for this.
In case : Europe is Immediate parent of both Entities,
their intercompany amounts values will come to Ent Currency of value dimension
Elimination will happen at Elimination at these entities itself
and 0 contribution will be done for both these entities
In case : Europe is Not the Immediate parent of both Entities,
their intercompany amounts values will come to Ent Currency of value dimension
Elimination will happen directly at their first common parent
and contribution values will be there at France and Europe instead of Elimination values
Just look out the scenario you are in.... and check the value dimension members to see the elimination of ICP transactions..
I hope this helps...
get back for some more if needed
J -
Select open items for a settlement amount
Hi All,
I have a requirement to do a clearing with situation like this,
upload a excel file contains of settlement amount.
This amount will use to clear up the payment JV save earlier (open items)
for example: settlement 57.00
then the open item documents :
doc 1 > 7.00
doc 2 >20.00
doc 3 >50.00
doc 4 >20.00
doc 5 >17.00
from example above, the settlement can clear with doc1+doc3
or doc2doc4doc5
My program is using the bdc call 'F-03' to do clearing.
how to program the logic if wan scenerio 1 or 2 based on any number of open items sum up is equal to settlement amt.
Any standard FM can use ?
Please help. << Priority removed >>
Thanks
Edited by: Rob Burbank on Sep 14, 2011 1:27 PMAnything that sounds as if to make your matter look more important than the others, especially texts like "urgent", "at the earliest", "ASAP", will be removed from the posts. Please avoid these in the first place.
Thomas
[Rules of engagement|http://wiki.sdn.sap.com/wiki/display/HOME/RulesofEngagement] -
Intercompany Transaction Flow Set-up when O/U's are not different
I am seeking to know if it is possible, using I/M Intercompany Transaction Flow, to use the same O/U for start and end O/U? I can get the record into the system with same O/U's, but am denied nodes and the ability to use Intercompany Relations.
My company currently relies on using the MTL_INTERCOMPANY_PARAMETERS record to point to the I/C CCID wherein seg6 contains the Intercompany segment of the g/L account. Understand, this is a customized method.
The problem we are experiencing is the ship from customer is under the same O/U as the sold from. However, this is a differnet company legally and needs to be processesed as Intercompany.
I think the answer is self-evident in the Oracle forms as to what is allowed or not, but perhaps there is something I am overlooking to allow me to utilize the function.Hi EMSS,
When you say intercompnay transactions, do you mean IR-ISO?
We can create an IR and ISO both in same opearting unit. The whole setup is same as any other IR-ISO except for the setup in Intercompany transaction flow. Process wise, its exactly same upto ISO shipment and costing the material transactions.However, we will not be having any intercompany AR or AP invoices generated. The accounts are netted out. (we are using this in one of requiremetns and we are in R12.1.3. I am not sure from which version this is available)
Coming to accounting transactions - we used SLA for hitting the right accounts as requried by business.
Note: We cannot have any logical intercompany transactions within same OU.
Regards,
G V Ranjith -
Error while loading intercompany transactions
Hi, I use Hyperion Financial Management 9.2.0.3 with Oracle Database 10g Enterprise Edition Release 10.2.0.1.0. When i try to load intercompany transaction from file, the running task end in 'aborted' status. Also, the packages Application_name_ict_load and Application_name_ict_pkg in the scheme are invalid. What anyone could advise to me? Does anyone encounter this problem?
have you checked the Task Audit log? I got that error once and it was because another person was loading metadata as I was consolidating.
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Mapping of Intercompany transaction between SRM & SAP R/3
Hi SRM gurus,
We have a scenario where the client wants intercompany transactions to be mapped between SRM & R/3.
i) they say according to interco transactions, using SRM PO, the following journal entry will be posted upon GRN:
Dr Expense
Cr A/P to Co Code 1 for SRM Vendor code
Question : if co code 1 recognizes A/R in Intercompany code, can we match the balance i.e : is it possible to recognize "A/P to Co Code 1 for SRM Vendor code" as Intercompany balance
ii) When Co. 1 pays for pdts / services on behalf of Co. 2, an intercompany, the journal entry will be as follows :
Co. 1 : Payment voucher (FB60)
a) on GRN :
Dr Prepaid promotion
Cr GR/IR Clearing
b) on IR :
Dr GR/IR Clearing
Cr A/P to Vendor
Co. 1 : Journal Entry (FB70)
Charge to Co. 2
Dr. A/R from Co. 2
Cr. Prepaid Promotion
Co. 2 : Journal Entry (MIRO)
On Invoice Recipt to Co. 1
Dr. Expense
Cr. A/P to Co. 1
Is it possible to make a set of journal entries as below by make config changes in SAP R/3 :
Co.2 :
Upon GRN : Dr Expense
Cr GR/IR Clearing
Upon IR : Dr GR/IR Clearing
Cr A/P to Co.1
Co.1:
Upon IR : Dr. from Co. 2
Cr. A/P to Vendor
The client wants to track the above postings scenario through old vendor code which is used as SRM vendor code and which is same as maintained in R/3 vendor master "Previous acct. no." field in Accounting view. To me the above entry on IR in R/3 is not at all feasible.
Like to have your expert suggestions on the above scenario how to map b/w SRM & SAP R/3.
Rgds,
SamikHi. What exactly are you looking for with the vendor material number? Note 444976 and 412817 are about it not transferring, butthey are very old, you have not said what version of SRM you are using.
For the goods receipt, I doubt there will be a note to let you set the posting date or document date in the backend based on approval date, but you can easily use BBP_DOC_CHANGE_BADI method BBP_CONF_CHANGE to set this date to whetever you want.
Regards,
Dave. -
You want to know the amount of space the transaction log for the Customer database is using. Which T-SQL command would you use?
Forced me to do a little research.
DBCC SQLPERF(logspace)
See also
http://stackoverflow.com/questions/198343/how-can-i-get-the-size-of-the-transaction-log-in-sql-2005-programmatically
For every expert, there is an equal and opposite expert. - Becker's Law
My blog
My TechNet articles -
Intercompany transaction does not exists
Hi,
I am have posted entry in F-02 and also i have asigned a new company code to the transaction and also document got created.
now i need to reverse the document for the reversal reason 1 in T.Code FBU8.
I am getting error message " Intercompany Transaction does not exists".
Please help me with this issue.dear
check settings in OBYA. is clearing account configured for intercompany postings
and check that in OBA7 for the document type you using allow intercompany postings.
regards
rohit
Edited by: ROHITBALI on Nov 19, 2011 7:28 AM -
Intercompany Transaction Error
Hi
I'm currently having an issue doing intercompany transaction
In FB50 the following transaction have been made
8xxxxxx DR 10000 ( Cocode 1000) with tax type A0
6xxxxxx CR 10000 ( Cocode 2000) with tax type V0
When i try to simulate it gave me an error saying Trading partner in account xxxxxx cocode 1000 not valid.
I have setup the vendor/customer master data and have input the trading partner field
I used OBYA to setup the intercompany clearing account
I have used OB28 to setup the proper validation
Is there any steps i missed or have not done? or anything i should check?
Thanks in advanceHi...
As per your issue
Trading partner must be the same in the both case (for both the company codes)..than only you can able to process.
I think in your case the company (trading partner) may be different for both the company codes
Please check and confirm
Regards
vamsi -
Intercompany Transactions Configuration
I have a question about configuration for intercompany transactions.
OBYA does not work in Europe because each company code in our case is separate legal entity and in Europe to be able to make intercompany entry you need to have billing document and there are VAT implications as well.
SO OBYA is not an answer.
Does somebody know what needs to be configured in SD (AR side ) and MM (AP side) and FI ( )so when intercompany transactions are created, they can be automatically billed and created automatically entries (with VAT) on both sides in bot involved company codes for AP and AR?
To make my question more clear I give example of scenario:
Selling organization one country (egz Spain) company code 0341, customer in Portugal (ship to and Bill to Portugal) delivery from warehouse in Germany company code 0491
So I have 2 documents created
1. Sales invoice from selling organization in Spain to Customer in PT.
2. Intercompany billing from Germany to Spain
What I found out so far is that AR is not complicated but AP side requires kind of EDI configuration.
I would very much appreciate answer on my question.Hi Edyta,
I came across such scenario in my last project.
You can meet your requreiment via IDOC functionality. Being from FI, I just testing wrt tax codes. While testing, billing was done in Germany, later accounting entry is automatically posted in Spain.
Please check on IDOCs functionality.
I would try to share more information in m ynext reply.
Kind regards,
Dinesh Lakhotiya
IGATE - FICO Consultant -
OBYA - Intercompany transactions
Hi,
I would like to better understand the scenarios where the clearing accounts in transaction "BUV" (Tcode OBYA) should be set as GL postings and vendor postings.
I am very familiar with settings in OBYA as Dr (40) & Cr (50) of GL accounts. When an intercompany transaction is posted, the system uses the clearing account specified here for the missing leg in each of the CoCodes.
The above set up would also work if the paying company code is different in AP. I understand that trading partner fields can also be populated with the above setting.
I am not clear on scenarios where the interco clearing accounts are specified as vendor accounts. Any information that would help me to better understand this would be great.
Thanks,
SD.Great question! I think you define intercompany customers/vendors in OBYA, as opposed to clearing GL accounts, when several entities under one umbrella have contracts between them in such a way that they need to generate intercompany receivables/payables when they transact with each other. Meaning, the need to generate sub-ledger entries. If there is no such need, you just assign a clearing GL account in OBYA. At a consolidated level (when you add up the numbers of all entities at the corporate level for external reporting purposes), the balance in clearing account should automatically net to zero.
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Tax on intercompany transactions
Hi gurus,
when we do the intercompany transactions for a free of charge invoices, SAP still incorporate Tax on the invoice. AP didn't want to see the tax on these free of charge invoices. we are using Taxware as our third party Tax software, any help to resolve this issue will be really appreciated. Points will be awarded.
Thank you
PritiTo keep it simple, you should create a new Tax Code for Tax Code for Intercompany Transactions (if you have anything already where the tax will be 0, you can use that also).
The T Code to use it is FTXP.
The Tax percentage rates for the 2 condition types XP1I and XP2I need to be Zero ( considering this tax code will be used by AP process) - If it's by AR process, the condition types that need to be zero are XR1I and XR2I.
Hope that helps..
Thanks,
Nandita
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