freight condition need to be updated in g/l account but without effecting netprice

[Former Member]

Hi Gurus,

As per my client requirements freight condition need to be updated in g/l account but without effecting netprice .

Pricing procedure has been set up like below:-

The total price (including base price+cst/vat+edu cess+higher edu cess+freight)

less:- (cst/vat+edu cess+higher edu cess+freight) these condition types are without g/l assignment

here comes base price

Add:-cst/vat+edu cess+higher edu cess+freight (all condition types are assigned with g/l)

here whenever  i am adding freight condition after getting base price its adding up with it.

Now my requirement is to capture freight in g/l without effecting base price.

I have also searched on scn ,and found the option of passing it g/l by accrual account keys.

my question is:-

1)can freight be pass by accruals?? if yes then how ??

2)Any other option than accrual options ??

Thanks in advance .

regards

soumya

[former_member182378 · Accepted solution]

soumyadipta,

I. When freight is included in net price:

Net price = 1050

break up:

total of all condition types =1000 +

freight = 50

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solution: create a discount = 100% of freight

in pricing procedure have account key for freight condition type

and not for this discount

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II. When freight is not included in net price

Net price = 1000

break up:

total of all condition types =1000 +

freight = 50

discount = 50

tw

[Former Member]

Thanks Tw,

For your quick and correct suggestion.

Regards

Soumya

[jignesh_mehta3]

Hello,

How is the Freight treated at your client site?

I mean is the freight re-covered from Customer as part of Invoice amount? Or the client bears the freight cost and pay the Transporter separately.

You can achieve this with accruals, but hope you know that accruals will generate two (Debit and Credit) entries in your books.

This effectively means that the Payable Entry will have to cleared manually at time of Freight settlement.

Thanks,

Jignesh Mehta

[Former Member]

Hi Soumyadipta,

You can go for Solution given by TW and if want to go for Accrual option then go to your freight condition type [V/06] and select the check box of "Accurals" in Control Data 2 Section.

By this functionality value of this condition type will not involve in net value and this value will allow to post respective GL.

Regards

Arun

[Former Member]

Not sure if I understand completely your requirement but you can use account key in pricing procedure to assign it to freight condition to post freight value to different GL account. 

Thanks