![]() We entered an invoice (through MIRO with PO) for a total of 51,000 usd that have two items:ĭuring MIRO we specified that only item 1 (50,000 usd) is eligible to a Cash Discount that would be of 3%.Ĭash discount is being calculated correctly with an amount of 1,500 usd (3% of 50,000).īut during the Payment Run (F110) the Withholding Tax Base Amount calculated by the system is 49,470 usd (51,000 usd - (51,000*3%)).Īs during in MIRO the item 2 (1,000 usd) was entered specifying it is W/o Cash Discount then the expected result should be:Ī Withholding Tax Base Amount of 49,500 usd (51,000 - (50,000*3%)) instead of the 49,470 usd. If the Vendor is subject to a Withholding Tax, and during MIRO I specified that an specific item is not eligible for Cash Discount, then during the payment run the system is calculating the W/tax base amnt as if all items of Invoice are eligible to Cash Discount. I am implementing with Net Amount and it is working properly in Logistics (I followed your SPRO steps, customizing in OBXA, OBCP, OBA7 (RE and ES) and OBXV), but at time of Payment (F110, F-53, etc.) we are having the following issue: Thank you for sharing Satish, very useful. ![]() Thanks for reading and please rate the document and share your feedback and reviews. If the payment is made later period than invoice posting then the discount actually applicable on payment date will be considered and the discount amount reduced is debited to ‘discount loss account’ and total discount amount is credited to cash discount clearing account as shown below. Net Invoice Settlement or outgoing payment to vendor If the material is standard price (S) controlled then the discount is credited to gain from price difference account and debited to discount clearing account. ![]() Note: if the material is Moving average price (V) controlled then the discount amount is credited from stock account if sufficient stock exists for that material and debited to discount clearing account. type system will post the cash discount at the time of Invoice posting itself. In detail tab of MIRO select document type ‘Net Invoice Doc. Purchase order for Net invoice posting.ĭo Invoice posting w.r.t. type, system posts cash discount at the time of payment.īelow is the posting and accounting document generated at the time of payment.Ĭarryout Goods receipt w.r.t. Observe the cash discount is 3% applied as per the terms of payment from payment base line date. Gross Invoice Settlement or outgoing payment to vendor type, system ignores cash discount at the time of Invoice posting. The below is simulation screen in invoice posting and observe only vendor account and GR/IR clearing account as cash discount is not considered in gross invoice postingīelow is the accounting document and postings at LIV. Observe the baseline date filled as per the setting in terms of payment.Ĭheck the document type in details tab and select ‘Gross Invoice receipt doc. The below are the postings at time of GR in accounting document.ĭo Invoice posting w.r.t Purchase order in transaction MIRO. tax code is mandatory to work with payment terms.Ĭarry out goods receipt w.r.t Purchase order in transaction code MIGO. In SAP LIV this gross invoice posting and net invoice posting is controlled by the definition of invoice document type as shown below.Ĭreate a PO via., ME21N as shown below by entering payment terms in header invoice tab of PO. SPRO -> Materials Management–> Purchasing–> Vendor Master–> Define terms of payment.Īs shown below you will enter the cash discount granted in percentage if you make payment within specified days from baseline date selected. This cash discount is determined by payment terms entered in the purchase order for example.Ĭonfiguration path to define Payment terms: In Net invoice system will consider the cash discount at the time of invoice posting and post the cash discount amount in to cash discount in to cash discount G/L account at the time of payment.īefore going in to detail about this topic first we have to understand Cash discountsĬash Discount is a discount given on total amount of invoice posted, in those cases when payment is made within a stipulated period. In Gross invoice posting system will ignore the cash discount at the time of invoice posting and posts the cash discount at the time of payment. ![]() In this document I’m going to explain about Gross Invoice Posting (RE) V/S Net Invoice Posting (RN) in detail. ![]()
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