Path:SPRO àFinancial Accounting à Accounts receivable and Accounts payable àBusiness transactions à Incoming invoices (Credit memos) àMaintain terms of payment
Select new entries button
Give the payment terms: AML
Select customer check box
Select vendor check box
Document date: Posting Bill date
Posting date:
Entry date
With in 10 days: 3% cash discount
With in 20 days: 2% Cash discount
With in 30 days: due
Select default for base line date: posting date
1stterm: 3% - 10 days
2ndterm: 2% - 20 days
3rdterm: No discount – 30 days
Press Enter
Save
Save in your request
Cash discount:
Creation of G/L Account: Called cash discount received under other income group
(T.code (FS00)
Give the G/L Account No: 300101
Company Code: AML
Select with template button
Give the G/L Account No: 300100 (Exchange gain)
Company code: AML
Enter
Change the short text and G/L Account long text to: cash discount received
Other fields are same
Save (or) (ctrl + s)
Assignment of account for automatic postings:
Path:SPRO àFinancial Accounting à Accounts receivable and accounts payable àBusiness transactions à out going payments à out going payment global settings àdefine accounts for cash discount taken. (Transaction code is OBXU)
Give your chart of accounts: AML
Enter
Select save button
Give the account No: 300101
Select save button (or) (ctrl + s)
Save in your request
Purchase invoice posting: (F-43)
Document date: 01.08.2006 (Party bill date)
Posting date: 16.08.2006 (Goods received date)
Type: KR
Company code: AML
Posting key: 31
Give the account no: 8700001
Enter
Give the amount: 100000
Business Area: AMH
Payment terms: AML1
Text: Purchase invoice posting
Enter
Ignore the message, press enter
Give the posting key: 40
Give the account No: 200120 (Inventory raw material)
Enter
Amount: ‘*‘
Business Area: AMH
Text: ‘+’
Document àSimulate and save
Go and see the vendor A/C: (FBL1N)
Vendor account: 8700001
Company code: AML
Select open items radio button
Execute
Select change lay out button
From the hidden fields column select current cash discount amount fields
Select amount in document currency under column content.
Select left arrow button
Select copy button
Out going payment: (F-53)
Give the document date: 21.08.2006
Type: KZ
Company Code: AML
Clearing text: Out going payment
Account number under bank data: 200105
Business Area: AMH
Amount: 97000
Text: out going payment
Account: under open item selection: 8700001
Account type: K comes by default
Select process open items button
Double click on payable amount: 100000
DocumentàSimulate
Double click on blue font line items
Text: enter ‘+’
Save.
Automatic payment program:
Advantage:
System will verify the due dates
System issue check
System will pass the entry and clear party account
It will prepare payment advice
It updates check register automatically
It will be used by cash rich companies
It will be run this weekly/10days/15days/Monthly.
Your check lot should be sequential
We are not programmers we used system defined check format and payment advice format.
Give ranking bank wise with available balance
Before issue to gives a proposal
It shows for which party for which bills from which bank it is going to issue the checks.
We can edit the proposal
Edit the proposal:
1. By blocking some invoices for payment
2. By changing bank
1ststep: Set up – payment methods per country for payment transactions
Path:SPRO àFinancial Accounting à Accounts receivable and accounts payable àBusiness transactions à out going payments à Automatic out going payments àPayment method/ bank à selection for payment program àset up payments method per country for payment transactions (Transactions code: FBZP)
Select new entries button
Give the country: IN (India )
Payment method: J
Description: Check
Select out going payments radio button
Select check radio button
Document type for payment: KZ
Clearing document type: KZ
Payment medium program: This is system defined program(REFOUS_C)
Name of the print data: LIST1S
Save
Save in your request
Set up Payment methods for company code for payment transactions:
Select new entries button
Give the posting company code: AML
Payment method: J
Minimum amount: 100
Maximum amount: 9999999999
Select payment per due day check box
Select form data button
Form for the payment transfer medium: Note down
F110 – Premium – Check
Drawer of the form: For Aravind Mills Ltd.
Authorized signatory
Save
Save in your request
Set up All Company codes for payment transactions:
Same path:
Select new entries button
Give your company code: AML
Paying company code: AML
Select separate payment per business area check box
Special G/L Transactions to pay under vendors: Enter A (Advance)
Save
Save in your request
Set up paying company code for payment transactions:
Same path
Select new entries button
Give the paying company code: AML
Select forms button
Form for the payment advice (F110_ D_ AVIS)
Select sender details button
Text I.D: Select ST (Standard text)
Letter header: F_ 0001 _ Header
Footer text: F _ 0001 _ Footer
Sender: F_0001_ Sender
Save (or) (ctrl + s)
Save in your request
Creation of sequential check lots:(Transaction code: (FCHI)
Give the paying company code: AML
Hose Bank: SBI
Account ID: SBI1
Select change button
Select create button
Give the lot No: 2
Give the check No: 500001 to 501000
Deselect non sequential check box
Enter and save
Bank determination:
Path:Accounting àFinancial accounts à accounts payable à Periodic processing àPayments (Transaction code F110)
From the menu select environment àMaintain configuration
Select bank determination button
Select position button
Give the paying company code: AML
Enter
Select paying company code: AML
Double click on ranking order folder
Select new entries button
Give the payment method: J
Currency: INR
Rank order: 1
House Bank: SBI
Save
Save in your request
Double click on bank accounts folder:
Select new entries button
House bank: SBI
Payment method: J
Currency: INR
Account ID: SBI1
Bank sub account: 200105 (SBI Current account)
Business Area: AMH
Save
Double click on available amounts folder:
Select new entries button
Give the house bank SBI
Account ID: SBI1
Days: enter 999
Currency: INR
Available for out going payments: 2000000
Save
Assign payment method in vendor master:
Path:Accounting àFinancial accounting à Accounts payable à Master records àMaintain centrally à Change (Transaction code: XK02)
Give the vendor No: 8700001
Company Code: AML
Select payment transaction check box under company code data
Enter
Give the payment method: J
Save
Purchase invoice posting (F-43)
Give the document date: 23.08.2006
Type: KR
Company code: AML
Posting Key: 31
Account No: 8700001
Enter
Amount: 6666
Business Area: AMH
Payment term: 0001
Text: Purchase invoice testing
Posting Key: 40
Account No: 200120 (Inventory raw material)
Enter
Amount: ‘*’
Business Area: AMH
Text: ‘+’
Document àSimulate and save
Automatic Payment Program run (F110)
Run date: 23.08.2006
Identification: AML1
Select parameter tab
Your posting date and documents entered up to date is come automatic
Give the company code: AML
Payment methods: J
Next posting date: 30.08.2006
Vendor A/C: 8700001 to 8800000
Save
Select back arrow
Select schedule proposal button
Select start immediately check box
Enter
Go and press enter till you get the message payment proposal has been created
Select edit proposal button
Enter
Double click on amount field 16666
To block invoice for payment double click on invoice amount
Payment block select A (Block for payment)
Enter
To change the bank double click on invoice amount
Select real locate button
Give the payment method: J
Give the house bank: SBI
Account ID: SBI 1
Enter and save
Select back arrow: 2 times
It gives the message payment proposal has been edited
Select payment run button
Enter
Go and press enter till you get the message payment run has been carried out
For check Printing:
Select print out /data medium tab
For the program: RF FOUS _ C
Give the variant: AM
Select maintain variants button
Select continue button
Give the program run date: 23.08.2006
Identification feature: AML1
Paying company code: AML
Payment Method: J
Business area: AMH
House bank: SBI
Account ID: SBI1
Check lot No: 0002
Select print checks check box
Printer Name: LP01
Select print immediately check box
Select print payment advice notes check box
Printer: LP01
Select: Print immediately check box
Select print payment summary check box
Printer: LP01
Select: Print immediately check box
Number of sample print outs – ‘0’
Select don’t void any checks check box
Select attributes button
Give the description: SBI Check print 23.08.2006
Save
Select back arrow
Save
Once again select back arrow
Select print out button
For job Name, in place of question mark
Give the variant: AM
Enter
Enter once again
To view the check printing, for the menu select system à services àout put control
Execute
Select check spool no. Check box
Select display contents button
Go and see the party A/C: (FBL1N)
Give the vendor A/C No: 8700001
Company Code: AML
Select cleared items radio button
Execute
Double click on the line item having document type KZ for Rs. 6666
Select call up document over view button
From the menu select environment check information
Go and see the check register: FCHN
Give the paying compared code: AML
Execute
Credit memo: This is done when the material returned reduced price
a) Vendor raised credit note on AML (Document Type: KA)
b) AML raises debit note on vendor (Document Type: KG)
For both above cases no. Ranges: 17
Path:Accounting àFinancial Accounting à Accounts payable à Document entry àCredit memo – general (F-41)
Document date: 23.08.2006
Type: KG
Company code: AML
Posting key: 21
Give the account No; 8700001
Enter
Give the amount: 1000
Business area: AMH
Text: Credit memo posting
Posting Key: 50
Account No; 200120 (Inventory raw material)
Enter
Amount: ‘*’
Business area: AMH
Text: ‘+’
DocumentàSimulate and save
No comments:
Post a Comment