STO Accounting entries for indirect costs

Hi experts,
I have following scenario:
Plant A
Quantity Update
Plant B
Value/Quantity Updatae
Then I create STO from plant A to Plant B. Include Indirect costs. No accounting entries is getting generated at goods issues nor goods receipt. System allows me to introduce invoice for indirect costs through miro. However, it doesn't propose the values as it happens in purchase orders.
Is there anything in custominzing I am missing.
Thanks.

But that's not the standard behaviour (i know it's strange, I made that error myself in the past).
Remove the K, and the system will make the posting to the cost element defined in OKB9.

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Accounting Entry for Material has Standard Price

Hi,
If Material has standard price option, what is the accounting entry for the time of Direct Goods Receipt and from the production.
Material Value is : Rs. 100/-
Purchased value is : 90/-
from production : 110/-
Thanks in advance

Hi,
In STO, material posting with price valuated from issuing plant price. In your case, the transportation cost, you can capture to separate G/L account and pay to transport vendor.(In STO , one plant is vendor and another plant is customer, so a third party vendor involved for material transfer)
OR else use separate own Custom Condition Type with Special Condition Category instead of condition type P101 which have Condition Category "G", only responsible to pick the internal price
Regards,
Biju K

Sto accounting entry - transaction type

HI,
At the time of GI from Supplying Plant;
Stock A/c - Dr - Receiving Plant
Stock A/c - Cr - Supplying Plant
pls tell me whihch transcation type will take ie BSX or GBB for abv sto proces within co code level...
Edited by: UJ on Mar 18, 2009 4:52 AM

Offsetting entry for stock posting (GBB)
Offsetting entries for stock postings are used in Inventory Management. They are dependent on the account grouping to which each movement type is assigned. The following account groupings are defined in the standard system:
AUA: for order settlement
AUF: for goods receipts for orders (without account assignment)
and for order settlement if AUA is not maintained
AUI: Subsequent adjustment of actual price from cost center directly
to material (with account assignment)
BSA: for initial entry of stock balances
INV: for expenditure/income from inventory differences
VAX: for goods issues for sales orders without
account assignment object (the account is not a cost element)
VAY: for goods issues for sales orders with
account assignment object (account is a cost element)
VBO: for consumption from stock of material provided to vendor
VBR: for internal goods issues (for example, for cost center)
VKA: for sales order account assignment
(for example, for individual purchase order)
VKP: for project account assignment (for example, for individual PO)
VNG: for scrapping/destruction
VQP: for sample withdrawals without account assignment
VQY: for sample withdrawals with account assignment
ZOB: for goods receipts without purchase orders (mvt type 501)
ZOF: for goods receipts without production orders
(mvt types 521 and 531)
You can also define your own account groupings. If you intend to post goods issues for cost centers (mvt type 201) and goods issues for orders (mvt type 261) to separate consumption accounts, you can assign the account grouping ZZZ to movement type 201 and account grouping YYY to movement type 261.
Caution
If you use goods receipts without a purchase order in your system (movement type 501), you have to check to which accounts the account groupings are assigned ZOB
If you expect invoices for the goods receipts, and these invoices can only be posted in Accounting, you can enter a clearing account (similar to a GR/IR clearing account though without open item management), which is cleared in Accounting when you post the vendor invoice.
Note that the goods movement is valuated with the valuation price of the material if no external amount has been entered.
As no account assignment has been entered in the standard system, the assigned account is not defined as a cost element. If you assign a cost element, you have to enter an account assignment via the field selection or maintain an automatic account assignment for the cost element.
Account determination of valuated sales order stock and project stock
Note that for valuated sales order stock and project stock (special stock E and Q) and for the transaction/event keys BSX and GBB, you must maintain an account determination to avoid receiving warning messages when entering data (purchase order or transfer posting) for valuated stock.
During data entry, the system attempts to execute a provisional account determination for GBB for valuated stock. The system will only replace the provisional account determination for GBB with the correct account determination for the stock account (BSX), in the background, if you enter the data for valuated stock at a later point in time.

Accounting Entry for Depot Excise Invoice

Hi Gurus
We make a STO from factory to depot. I have posted the depot excise invoice via J1IJ but Im unable to see the accounting entry for the excise invoice..
Im able to see the acounting entry for excise invoice for factory sales thru J1IIN..
Pls advise
Rgds..Vinz

Hi Vinz,
I would like to explore more for ur info.
When u create Excise invoice at Factory Using J1iin, accounting entries flow to the system. When u transfer it to Depot, u credit the Excise amount using MIRO and post it to RG23D ( Depot Register)
The value of the excise for which u have taken credit from ur factory would be passed on to customer now.
If you notice carefully, when u take credit of Excise entry in RG23d No accounting entry flows in the system, only value & qty gets updated to Register.
Generally, while deciding the selling price from depot u consider Basic price + Excise duty. since u are passing on the excise benefit to customer, using proforma excise invoice (transaction J1IJ)
So there is no wuestion of accounting entries.
Hey CIN Gurus.. correct me if i am haveing any misconcepts regarding this.
Hope this is clear to you now..
Reward if helpful..

G/L account determination for shipment cost

Hi Experts,
I am having a problem setting up account determination for shipment cost document.
When saving shipment cost document, SAP generates "service entry sheet" (PO) and GR with accounting document,
but I would like to change the default G/L account by shipping condition type.
So far, I have set up automatic G/L account (OBYC), GBB and WRX, but I could only define the default one.
Could you please advise if it is possible to change G/L account for freight accrual?
and if yes, how to change G/L account determination by shipping condition type?
Thank you
JK

Hi,
1. Menu Path: Logistics Execution > Transport > Shipment Costs > Pricing > Pricing Control > Define And Assign Pricing Procedures
Transaction Code: SPRO
Shipment pricing procedure is same as the standard pricing procedure and uses condition technique to retrieve the data from condition tables.
2. Pricing Procedure Determination for Shipment Costs:
Based on the combination of Item category Determination group, Service Agent Procedure Group, Shipping Type Procedure Group, pricing procedure is determined
Menu Path: Logistics Execution > Transport > Shipment Costs > Pricing > Pricing Control > Define And Assign Pricing Procedures
3. Search Procedure for the PO:
TPPt: Transportation planning point is taken from the shipment document
SCTy: Shipment Cost type is taken from the shipment cost document
POrg: /Pgr/Plant: Purchasing Organization, Purchasing group and Plant is assigned to the combination of TPPt & SCTy.
On these values the purchase order is searched for the Vendor mentioned in the shipment document
Menu Path: Logistics Execution > Transport > Shipment Costs > Settlement > Assign Purchasing Data
4. Automatic G/L account Determination
I hope this information will help to you.
Thanks & Regards
Raju
From the Transaction u201CGBBu201D and combination of General Modification key u201CVBRu201D and valuation class the G/L account is determined for the posting to the freight accounts.
Menu Path: Logistics Execution > Transport > Shipment Costs > Settlement > Automatic G/L Account Determination
From the Transaction u201CWRXu201D and value of valuation class as u201C u201C the G/L account is picked for GR/IR accounts.

Accounting Entries for Materials Return from Production Order

Dear Gurus,
I have a scenario here that a raw material, valuated at moving average = 151 and qty = 100, was issued to a production order last month. Due to some issue the order was not completed for a while and 93 qty was consumed for the order and because the remaining 7 were excess they were returned to the storage location. By that time the MOV had changed from 151 to 185 and the 7 qty was returned not at 151 (which would be correct) but at 185. This is a wrong accounting entry as it is showing an under consumption for the order.
Anyone have an idea why the system is doing this because the material should be returned on the price it was issued at so that the accounting entries are knocked off (The accounting entries for return deliveries to vendors are of the same price that they are recieved no matter how ever long a period they are returned). How do we stop the system from doing so and if it cannot be done what is the solution to the scenario.
Regards,

The normal entires are as follows (depending on your configuration);
1) Goods issue;
Credit inventory and debit COGS;
2) Billing document;
Debit customer account credit sales accounts;
3) Payment;
Credit customer account and debit cash/ checking account
pls assign points if helpful as a way to say thanks.

Accounting Entry for Outgoing Payment

Dear experts,
I am currently doing PLD for outgoing payment. Just want to know how I can include in the disbursement voucher I am doing the accounting entries for this., Example:
Accounts Payable (Control Account) 20,000.00
Cash in Bank MBTC (GL account of the chosen Bank account) 20,000.00
Thanks
Sandra

You may check this thread to have a reference:
Re: Branch Code in a bank transfer summary report
Thanks,
Gordon

How to stop Accounting Entries for certain Movement Types

Hello,
We are using Movement Type 511 to record free of charge receipts from vendors. Still it is generating Accounting Entries with Standard Material Price.
Is there any way to stop Accounting Entries for 511 and other Movement Types, where external business partners are involved ?
I tried IMG Setting "Define Account Grouping for Movement Types", where I did not tick in the field "Value Updates". But it did not work.
I believe, Account Grouping settings at the level of combination of Plant and Material Type takes precedence. There I have ticked in the field "Value Updates". So even if create a new Movement Type, with no tick in the field "Value Updates", it creates Accounting Entries for free of charge receipts from vendors.
Is there any way to stop any accounting entries in such cases ?
Basically I want 311-like movement type, but where external business partners are involved.
Thanks and Regards

Hello,
Thanks to you all for your quick reply.
I created a new Movement Type - copied it from 511 and made the changes as per your suggestions - disabled field "Value Update" in "Update Control / WM Movement Types".
Using MIGO when I try to receive the material, it gives me error "Update Control of Movement Type is Incorrect"
Any reason for this error ? I have disabled even "Check Account Assignment" in Account Grouping
Thanks and Regards

Wrong Accounting Entry for Rejection Excise Invoice through J1IS

Dear Experts,
When we are doing Rejection of Excise Invoice through J1IS, a wrong accounting entry is getting generated by system.
Where can I check the settings for Accounting Entry for Rejection Excise Invoice?
Thanks & Regards,
Reshma

Generally Excise Invoice for other invoice posting will be done through J1IV after creating Excise Invoice for other Movements in J1IS.
If Automatic Posting is activated against your excise group then you need not again to post J1IV. It happens along with J1IS.
By the by how you are returning Excisable goods through Return delivery with Original invoice 122 or through Return Purchase order 161 Movement type.
Have you entered Excise Rates BED, ECS and SECS in J1IS?
Elaborate in detail.

Accounting Entries for Stockable Expense Item

Hi all
I have set an item as being expensed, inventoried, stockable and
transactable.
When I do a purchase order and a receipt on the item I get the accounting
transactions for the receipt part (debit receiving inv account and credit
inv AP accrual). However, there is no transaction on the deliver part
(normally debit the expense account and credit the receiving inv account).
If the item is set as non inventoried I get the accounting entries for
receipt and deliver.
I believe that we should be able to set an item as expense and stockable and
get the appropriate entries in Oracle Purchasing. What could be the problem?
Thank you.
Belinda Chavremootoo
null

Prakash,
I guess You can create a test Internal Order and check ., shouldnt take a long time

Accounting entries for Foreign currency revaluation..Accounting entries

Dear All,
Can any one tell me the Accounting entries for posting foreign currency and foreign currency revaluation..
Regards,
Suresh Patipati.
Edited by: suresh patipati on Feb 17, 2009 7:45 AM

Hi,
I will mention entries from Vendor point of view on that basis you can get the idea.
1. If there is a Unrealised loss.
Unrealised loss A/c...............Dr.
To Balance Sheet Readjustment A/c......Cr.
2. If there is a Unrealised Gain.
Balance Sheet Readjustment A/c......Dr.
To Unrealised Gain A/c.....................Cr.
3. If there is a Realised Loss.
Realised Loss A/c......Dr.
Vendor A/c.................Dr.
To Bank A/c.......................Cr.
4.If there is a Realised Gain.
Vendor A/c..........Dr.
To Bank A/c....................Cr.
To Realised Gain A/c.......Cr.
Best Regards,
Shridhar

Accounting Entries for Order to Cash

Hi,
Please give me the accounting entries for flow of Oder to cash. What are the entries from starting of SD Order to Fianl Customer Payment.
Thanks,
SRK

The normal entires are as follows (depending on your configuration);
1) Goods issue;
Credit inventory and debit COGS;
2) Billing document;
Debit customer account credit sales accounts;
3) Payment;
Credit customer account and debit cash/ checking account
pls assign points if helpful as a way to say thanks.

Accounting entry for MFBF

Dear Guru,
When we are doing MFBF ,GI accounting entry is getting generated but the GR accounting entry for mvt type 131 is not
getting generated instead its going for mvt type 571.
Thanks in advance.

Hi Kamala,
In the case of sell in the above example, Dr forex postiion account with 100$, but it is essentially Eur 94 and the corresponding amount in local currency which is USD in your case. If at all it happens that you are selling EUR at the market rate itself such that your amount in local currency for EUR sale and the amount in USD for Buy are same, then there will no gain/loss.
But essentially your contract price will be different than the prevailing market price. In that case there will be gain or loss posted.
Regards,
Ravi

Accounting Entries for Consignment - with CIN Entries

Following are steps in consignment sale:
1. Consignment Fill-Up (From factory to consignment agent)
2. Consignment Issue (From consignment to end customer)
3. Consignment Pick up
4. Consignment Returns
I searched in SDN forums. It says that there is no account entries at the time of consignment fill up.
But I want accounting entries in at the time of 'consignment fill up' also.
Entry should be:
Consignee A/c ... Dr (Customer)
   To Consignment Sales contra A/c
Excise Duty Paid A/c.. Dr
   To Excise Duty Payable A/c.
At the time of issue:
Delivery:
Cost of Goods Sold A/c.. Dr
   To Inventory A/c
Billing:
Consignee A/c.. Dr (Customer)
   To Sales A/c
   To VAT Payable A/c
Please help how can i get above entries entries?
Will I have to create two distribution channel for hitting Consignment sales contra A/c (in step1) and Sales A/c (in sept 2)

As you are aware even in normal sales, only when you generate a commercial invoice, customer will get debited. But in the consignment fill up process, you only generate F8 delivery related proforma and hence, your requirement cannot be achieved.
G. Lakshmipathi

Accounting entries for intercompany billing process

hi,
can any body explain what it intercompany billing process and intra company billing process and STO processess.
and their individual accounting entries of these three business with excise impact.
regards,
balajia

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STO Accounting entries for indirect costs

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