In this configuration activity you have to define account determination when you have integration between CO and FI. What is usually recommended is to use single reconciliation account where you could track easily the balances. Keep in mind that this configuration is based on controlling area as the flow is Read more…
The due date is determined from the IS-U term of payment stored in the contract account. To see which term of payment was specified in Customizing, choose Utilities Industry ® Contract Accounts Receivable and Payable ®Basic Functions ® Postings and Documents ® Document ® Payment Terms ® Maintain payment terms. The basis for the determination of the due date is the final bill amount Read more…
In invoicing, the repayment method is determined for the bill credit that was established when the bill sum total was determined. For this purpose, you must maintain the repayment method string in Customizing. Choose SAP Utilities ® Invoicing ® Invoice Processing. In conjunction with the repayment method control in the contract account, invoicing checks the Read more…
The final bill amount in invoicing is the amount that appears on the bill form or payment form after rendering of accounts. In invoicing, the payment method or repayment method is determined for this amount. The final bill amount is saved in the header data of the print document (table Print Read more…
Use A necessary prerequisite for the execution of invoicing is account determination in contract A/R & A/P. The account determination takes place dependently of: Company code Division Account determination ID Transaction The company code and division are determined from the data specified in the master record of the IS-U contract. Read more…
This deals with the “Account Determination ID” that is used to determine the Main Transaction and Sub transaction – relevant account assignment data. It is determined from the master data of the contract account to which the business partner item is posted. It separate the set of GL’s for Receivable Read more…