Skip to Content
author's profile photo Former Member
Former Member

Journal entry of delivery goods and invoicing (postings in account)

Hi experts,

I would like the opinion of you, as I will solve these issues below.

As a procedure, in companies group that i work, accounted for gross revenue. This way can to obtain automatically the consolidation gross revenue and net revenue, for the purpose of make explanatory notes in spreading results.

How SAP B1 accounting:

a)Delivery

P&L

$562,50

DB

130000

Raw Materials

Assets

$562,50

CR

500005

Raw Materials - Cost of Goods Sold

b) Invoicing

Assets

$ 940,00

DB

C99999

Customer

P&L

$ 800,00

CR

400000

Sales Revenue (Domestic)

Liabilities

$ 140,00

CR

207000

VAT Payable (output tax)

How should accounting:

a)Delivery

P&L

$562,50

DB

130000

Raw Materials

Assets

$562,50

CR

500005

Raw Materials - Cost of Goods Sold

b) Invoicing

Assets

$ 940,00

DB

C99999

Customer

P&L

$ 940,00

CR

400000

Sales Revenue (Domestic)

P&L

$ 140,00

DB

New Accont

Specific account for each Businss Unit (New)

Liabilities

$ 140,00

CR

207000

VAT Payable (output tax)

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

3 Answers

  • Posted on Jun 05, 2014 at 01:40 AM

    Hi,

    1. In general, it will be better to consult with your financial team for effect adding new account for BP.

    2. It will be better to use SAP standard accounting to avoid any error

    Thanks & Regards,

    Nagarajan


    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 05, 2014 at 06:05 AM

    Hi!

    In your case, maybe you can try using Cost Center so that amounts for specific accounts can be segregated when journal entry is made.

    Regards,

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 05, 2014 at 11:51 AM

    Hi,

    Nagarajan, this is a request from the accounting department. All branches that run on SAP ECC work in this way today. They want the same for branches with run in SAP B1.

    Mark, we will use Cost Centers only for cost. Segregation information in revenue by business unit will be by accounting line.

    What is the way where I can change this configuration in SAP B1?

    Best Regards,

    Jehan Jarschel.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.