Write Off Several Commitment Balances

The case is that we have lots of deposit invoices of various customers amounting not more than 5 Rupees, and the commitment balance is due to be applied on transactions.
One way to do this is that I would create lots of transactions for each and every commitment balance which is a very hectic activity. Is there any provision in R12 to write off several commitment balances in one go, like Auto Adjustment.

Hi
See Note 1150062 - FS-PP: Customizing settings for Clearing of Trivial Amounts.
I hope this helps you
Regards
Eduardo

Similar Messages

RE: New process to write off balances between ($10.00) and $10.00 with reas

Hi All,
Is there anyone who knows if it is possible in SAP to automatically write off a small balance between ($10.00) and $10.00 with a reason code of ZP.
Thanks
SHK

Hi
See Note 1150062 - FS-PP: Customizing settings for Clearing of Trivial Amounts.
I hope this helps you
Regards
Eduardo

Vendor balance write off

Hi All,
Just would understand how this bussiness scenario is usually handled in SAP AP.
We have a liability for 1000. The vendor agreed that we can settle it at 500., hence a payment is created for 500.
So to make the vendor account outstanding balance to '0', what is the normal practice in SAP Payables .
In AR , we have a write off account to take care of these cases.
thanks,

You can write off the balance and can clear in T.Code F-51

Write off loan balance in SAP

Dear friends,
We have custom infotype to store employee loan balance and trying to set up a write off to clear the loan balance using IT0015. I am not able to reduce the loan balance which exists in custom infotype. Any help is greatly appreciated.

1. Custom infotype is for Stock purchase plan. And it has Original loan amount, current loan balance, fees,commisiion. Loan balance stored in a wage type. Deduction amount is entered in IT0014 per pay period. If employ pays the loan, there is option to enter loan repaid amount manually in custom infotype then deduction, pay period amount and reimbursement wage types were automatically created in IT0015. When we run the payroll , we can see loan balance wage type in payroll results. Now they want to write off loan balance. Can you please advise how we can achieve it. I need to complete this issue by end of tomorrow. Your help is greatly appreciated.
Thanks,
Srini Nadendla

Barney's Card Small Balance Write-Off

Don't panic if you see this language under "transactions" on your Barney's online statement. I was leaving a $2 balance on the card to ensure they would report my new 3k CLI. Madea payment for all but $2. I was not sure if they would report CLI with a zero balance. The next thing I know, the account balance is zeroed out. I looked under transaction detail and saw "small-balance write-off" for $2. I seriously thought they were going to write off the balance and close my account or something! I charged a green tea purchase online a few minutes later for $14 successfully on my Barney's card and it went through just fine. Apparently some card companies will do a small balance waiver and write it off when it is that tiny. Relieved, because I mistakenly thought it meant they were writing it off in order to close my card. Wanted to post this to tell you if you see this on yours not to panic. I don't think I'll leave a small balance on there again though as it may irriate them to write off small amounts more than once. Hope this helps someone.

gdale6 wrote:
I have seen this on my FRN card and yes they will write off small balances. There is no one else I am aware of that does this. I was thinking it might be a Comenity Capital anomaly too, since both Barney's and FRN Mastercard are through Comenity Capital, but then I saw this. Apparently other companies do too! Unusual http://www.doctorofcredit.com/small-balance-waiver-a-k-a-lots-of-free-99-cent-amazon-gcs/

Mass Write Off - When Funds Management is active

Hi All,
I am working for ISU project and we have a business requirment to do Mass Write Off. We are not able to do it as Funds Management is active.
We had to activate Funds management as we need to send fund related information to Peoplesoft, which is the reporting engine for the client.
We are encountering this error:
Write-off over several fiscal years
Message no. FKKFMCHK038
Diagnosis
You are posting a document similar to a write-off that writes off documents from several fiscal years. This is not possible with the transaction used if Funds Management is active.
If anyone can throw some light on how to slove this, it would grealy help me.
Thanks,
Lalitha

Hi Lalitha,
The reason can be a commitment item with a wrong financial transaction. Therefore please check
the relevant bank clearing account and the assigned commitment item.
The commitment item should have financial transaction 90 in transaction FMCIA.
In the long text of SAP note 686383 you'll find more information regarding this topic. The point 3 under limitations is very
important for the described situation.
I believe this will help you.
Best Regards,
Vanessa.

R12 - Accounts Payable & PO Accrual Reconciliation Report - write offs

Hi,
As a relative novice to Oracle I need some help.................
My question regards the above which is essentially a "goods received not invoiced" report.
I have a number of items on the report which I would like to write off for two reasons:
(1) I have a small balance left which is basically the difference between the PO and the accounts payable column - in the region of 1p to 5p (therfore a housekeeping exercise)
(2) Items that we've never received an invoice for (we've received the stock for free!). ie there is only an entry in the PO column of the report.
For the above I would like a method of writing off these balances from the report.* This should therefore create a credit in my P&L account.
Your thoughts please.
Thanks in advance.
Jon

This is the forum for the SQL Developer tool. You need to ask your question in an eBusiness suite forum.

Write off currency

Hi,
I need to write off currency for ledger account 135250 which got balance 7560 GBP and 0 USD.
GBP is local currency and USD is Group currency.
Is there anyway other than F.05 t.code to write off exchange rate differences for a ledger account automaticlly. I tried with F.13E but it is not picking up documents related to the account 135250.
Please let me know.

Hi,
Did you set the currency to USD?
The error message means that in the currency you are clearing in, the balance is not nil.
regards

ACCRUAL WRITE-OFF

What is accrual write off? How does it work?

Hi,
Accrual Write-Off is the process to knockoff the liability for PO/receiving.
See Section on "Accrual Write Off" page 9-111 in chapter 9 - Receiving in "R12 Purchasing User Guide"
=== following para from the same===
If you choose the Perpetual Accrual Method within Purchasing, Purchasing records an
accounts payable liability to an AP accrual account for goods received but not invoiced.
When Payables matches and approves the invoice for the received goods, Payables
clears the accounts payable accrual account and records the actual liability amount to
the invoice accounts payable liability account.
You might want to reconcile those transactions that leave some balance (liability) in
accrual accounts. This can be done with accrual reconciliation process.
===========
Hope this helps!
Regards,
Ejaz

Prepayment write off

application :11.5.10.2
We have received prepayment from OM through credit card payment type and it appears in our unapplied receipt register and also in our aging bucket report as credit amount against the customer.
In OM the lines are cancelled due to business reason but there is no impact on receipts and still it is showing as prepayment.
Now we want to write off those amounts from RECEIVABLES.
Can you please suggest any standard or work around process to write off ?
As a part of stardard functionality it cannot be written off as the status shows prepayment.it can be written off only for unapplied receipts.

Hi,
Did you set the currency to USD?
The error message means that in the currency you are clearing in, the balance is not nil.
regards

AR Consolidated Billing Process - Receipt Write Off

Hi,
1. How are the begining ane ending balances are calculated in AR_CONS_INV table ?
2. Are Receipt Write Off transactions included in the Consolidated Billing process? If not what all AR transactions are included in the Consolidated process?
Thanks!

Hi,
You can do it in Receivable Activities. Please read user guide for further info.
Regards,
Sridhar

MASS write off in 4.6C

Hi All,
We have many hundreds of A/R accounts with balanaces in excess of 365 days where the balances can be measured in pennies. Manually writing these off is far too time consuming. Is it possible to MASS write off.
Thanks for your help.
I guess "Periodic Processing > For Contract Accounts > Write-Off Run" is only available in ECC6.0.
PK

HI,
FP04M has the following user exits,
FKYA001X            Customer exit for format AT_DOM (header)
FKYA002X            Customer exit for format AT_DOM (payment record)
FKYA003X            Customer exit for format AT_DOM (trailer)
have you tried with them?
Regards,
Anirban

Enhancement for mass write off ?

hi frens,
I have to write an enhancement in FPCUM/FP04M for mass write off on perticular conditions :
1) write off any credit item older than x months
2) where credit balance claimed/unclaimed for more than 'X' months
3) if greater ....proceed and keep a log.
4) Add fields of no. of months and dates
there are few more conditions, But i m not getting how to proceed,
Please help.
thanks
Saket

HI,
FP04M has the following user exits,
FKYA001X            Customer exit for format AT_DOM (header)
FKYA002X            Customer exit for format AT_DOM (payment record)
FKYA003X            Customer exit for format AT_DOM (trailer)
have you tried with them?
Regards,
Anirban

API for Accrual Write Off

Hi All,
Is there an API for accrual write off?
We have around 8000 diffenreces that we need to write off in order to reconcile the balabce with GL.
Thanks and Regards,
MPH

Hi,
Accrual Write-Off is the process to knockoff the liability for PO/receiving.
See Section on "Accrual Write Off" page 9-111 in chapter 9 - Receiving in "R12 Purchasing User Guide"
=== following para from the same===
If you choose the Perpetual Accrual Method within Purchasing, Purchasing records an
accounts payable liability to an AP accrual account for goods received but not invoiced.
When Payables matches and approves the invoice for the received goods, Payables
clears the accounts payable accrual account and records the actual liability amount to
the invoice accounts payable liability account.
You might want to reconcile those transactions that leave some balance (liability) in
accrual accounts. This can be done with accrual reconciliation process.
===========
Hope this helps!
Regards,
Ejaz

Write off the asset

Hi,
Please can someone advice me how do we write off the asset.
Regards,
Parul

hi
You can call up the asset history sheet as a totals list, or as a detail list showing individual assets. The detail list shows the capitalization date for each asset, and, if applicable, the deactivation date and any transactions in the year being reported.
There is a special history sheet version defined for showing special reserves for special depreciation. This version shows the
·        Initial balance
·        Allocation to special reserves
·        Write-off (depreciation) of special reserves
·        Write-off of special reserves due to asset retirements
·        Write-off of special reserves due to transfers
·        Closing balance
Procedure
       1.      Call up the report for creating the asset history sheet (Info system ® Report selection ® Balance sheet explanations).
       2.      Enter the start parameters for the report. Make the following particularly important entries
         Company code for the report
         Report date
         Sort version that you want to use
         Asset history sheet version that you want to use
         Use the current book value indicator to specify if you wish to show planned annual depreciation, or the depreciation already posted.
       3.      If you have not posted the actual retirement of low value assets, you can use the asset history sheet to simulate their retirement (in order to minimize the transactions necessary for their retirement). In this case, enter the asset class for low value assets.
You also need to specify a time period for the retirement simulation. Please note that the simulation time period must begin on the same date every year so that LVAs can be shown continuously and correctly in the history sheet. This fixed start date should lie in the distant past (for example 1900). Using the same start date each year ensures that LVAs, for which retirement has already been simulated, do not appear in the history sheet with their APC in subsequent years. In addition, the end date for the simulation time period has to be in a fiscal year that is still open.
The same procedure applies for intangible assets.
Graphic: Simulation Time Period
       4.      Limit the report as needed. If needed, make additional entries for lists created using batch input.
for furthur notes
http://help.sap.com/search/search_overview.jsp
http://help.sap.com/erp2005_ehp_03/helpdata/EN/4f/71e286448011d189f00000e81ddfac/frameset.htm
nagesh

Write Off Several Commitment Balances

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