Receivables can marked as doubtful and it is possible to make value adjustments (IVA) where appropriate in order to adjust existing receivables to their actual estimated values.
|FPRW||Adjust Receivables According to Age|
|FPRV||Repost Corrected Receivables|
|FPRA||Display Adjusted Receivables|
> Contract Accounts Receivable and Payable
> Business Transactions
> Doubtful Items and Individual Value Adjustment
|1750||Mass Activity: Doubtful Entries/Individual Value Adjustment||FPRV||FKK_SAMPLE_1750|
|1751||Mass Act: Doubtful Entries/Ind. Val. Adj.(Intervs)||FPRV||FKK_SAMPLE_1751|
|1752||Mass Act.: Determine BP Type for Transfer Posting||FPRV||FKK_SAMPLE_1752|
|1755||Mass Act: Value Adjustment by Age of Receivable||FPZW||FKK_SAMPLE_1755|
|1756||Mass Act: Value Adjustment by Age of Receivable, Move Params||FPZW||FKK_SAMPLE_1756|
|1794||Mass Activity: Change Run Parameters||FPZW||ISU_SAMPLE_1794|
|1795||Mass Activity: Save Run Parameters||FPZW||ISU_SAMPLE_1795|
|2950||Value Adjustments: Define Own Criteria||FPZW||ISU_SAMPLE_2950|
|2951||Value Adjustments: Req./Optional Fields for FPRW||FPZW||FKK_SAMPLE_2951|
|2952||Value Adjustments: Inherit Additional Acct Assgt Characts||FPRV||FKK_SAMPLE_2952|
|2953||Value Adjustments: Exceptions for Calculation||FPRV||FKK_SAMPLE_2953|
|2954||Value Adjustments: Criteria for Reason Selection||FPZW||FKK_SAMPLE_2954|
|2955||Value Adjustments: Check Entry of Proc. Method||FPZW||FKK_SAMPLE_2955|
|2957||Value Adjustment: Dynamic Assignment of Value Adjustment Grp||FPZW||FKK_SAMPLE_2957|
|4300||Value Adjustment: Additional Activities for Creation||FPZW||FKK_SAMPLE_4300|
|4301||Value Adjustment: Additional Activities for Change||FPZW||FKK_SAMPLE_4301|
|4302||Value Adjustment: Special Functions before Processing||FPZW||FKK_SAMPLE_4302|
|4303||Value Adjustment: Selection of Items||FPZW||ISU_SAMPLE_4303|
|5075||Write-Off: Process G/L Items||FPZW||ISU_SAMPLE_5075|
Further information can be found on WIKI page for FI-CA event concept.
|1297||Valuation Areas for Doubtful Entry/Individual Value Adjustmt|
|1298||Activate Valuation Areas for Receivables Adjustments|
|1299||Individual Value Adjustment – Resets to Separate Accounts|
|1300||Default Values: Receivable Valuation|
|1301||Acct Determination: Doubtful Rec. Acct|
|1302||Acct Determination: Individual Value Adjustment|
|1304||Acct Det.: Indiv. Value Adjustment (not Tax-Relevant)|
|1306||Alternative Tax Account Individual Value Adjustment|
|1307||Correction Account for Tax Individual Value Adjustment (Poland)|
Further technical information
|DFKKZW||Doubtful/Individual Val. Adjust. for Receivables – Trigger|
|DFKKZW2||Doubtful/Indiv. Val. Adjustments for Receivables – Tfr Pstg|
|DFKKZWH||Doubtful/Ind.Val.Adj.Receivables – History|
|FKKB||Contract A/R & A/P: Central Objects|
|FKZW||Enter Doubtful/Make Indiv.Val.Adjustmts|
|FKRV2||Value Adjustment Acc. to Age Structure|
|FKRV||Receivable Valuation Transfer Postings|
|RFKK_ZWFEWB_DISP||Display Receivable Adjustment Transferred|
|Function Group: FKZW|
|FKK_DB_DFKKZW_SINGLE||INTERN: Lesen von DFKKZW (Direktzugriff)|
|FKK_DB_TFK048B_SELECT_ALL||INTERN: Selektiert Steuerberechnungstabelle EWB|
|FKK_DOUBTF_HISTORY_DISPLAY||Einträge aus ZWF/EWB-Historie anzeigen|
You can use this component to mark receivables as doubtful and make value adjustments where appropriate in order to adjust existing receivables to their actual estimated values.
Adjustment of Receivables
You can adjust the existing receivables in the system at any time. In Contract Accounts Receivable and Payable, there are two types of adjustment to receivables: specifying doubtful entries and making individual value adjustments.
Doubtful entries reflect the fact that a business partner may not pay the receivables. The doubtful receivable is separated from the undisputed receivables for accounting purposes. This is done by posting the doubtful receivable to a separate receivables account. Using individual value adjustments, you can adjust the value of individual receivables, in addition to the use of doubtful entries. You can adjust the value in one of the following ways:
Using a percentage rate that you can define as needed
Using a specified adjustment amount
An expense is posted for the individual adjustment.
A doubtful entry is always a prerequisite for an individual adjustment, whereas a doubtful entry can be recorded without an individual value adjustment.
You make adjustments to receivables so that the value of receivables reflects their actual estimated value.
In Contract Accounts Receivable and Payable, you adjust receivables in two steps:
You make, change, and display adjustments to receivables in a dialog transaction.
You transfer the adjusted receivables cumulatively to the general ledger using a mass activity.
This mass activity should be executed on a regular basis. This mass activity posts the changes in each run to the individual receivables, doubtful entries, expense, tax, and adjustment accounts.
Once a receivable has been adjusted, every time you run the mass activity for transferring the adjustments, the system checks whether the receivable is still open in the original amount. Every instance of clearing, partial clearing, and resetting clearing is taken into account. If, for example, the receivable is written-off or reversed (using the
Write Off Items (FP04) transaction or
Reverse Document (FP08) transaction), an existing doubtful entry or individual value adjustment is automatically reset during the next transfer posting run.