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Former Member
Jul 23, 2016 at 05:45 PM

GR Accounting Entries in Vendor Rebate

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Hi Friends,

We have configured the Vendor Rebate process for our customer, But customer is not happy with the existing Accounting entries posted while doing GR. Kindly find below the current entries posted during GR,

For example: Total PO value - 160,000

Trading Goods - 155,200

GR/IR Clearing - 160,000-

Rebates & Incentives - 4800

Here our Customer requirement is, Accruals value(Rebates & Incentives - 4800) should not affect the Trading Goods. Only at the time of settlement, Rebate Accruals should take effect.

Please suggest me whether the above requirement is feasible, if so then suggest me how to achieve.

Best Regards

Venu