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Former Member

Advance via Financial Accounting

Hi All,

I just want to understand the process of doing the advance settlements via financial accounting.

I have found several posts for the same.

http://scn.sap.com/thread/1905728

But what I would like to know is do I need to run settlements programs. Basically how do i test the posting?

Once the employee raises the request,advances are entered and approvals are sought. Then do we need to run PREC,PRRW??? How do i test the scenario.

Appreciate any help

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2 Answers

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    Former Member
    Jul 15, 2014 at 06:03 AM

    Hi,

    Run the transaction PRRW then create posting Run with PRFI.

    Make sure GL is mapped to the cost elements.

    with regards,

    Gopala

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    • Former Member Former Member

      Hi ,

      Each travel expense or Advance is Mapped to Wage types

      Wage types are mapped to symbolic account.

      Symbolic account is Mapped to General ledger.

      PRRI you can create simulation like payroll

      PRRW you can view document with status.

      with regards,

      Gopala

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    Former Member
    Jul 15, 2014 at 04:16 AM

    Also, in terms of trip status what happens? And does posting via financial accounting mean payment is done to the bank where employee holds an account?

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