Skip to Content

journal entries in SAP FICO

Hi All,

Can someone please guide me regarding journal entries for below in SAP FICO module:

1) Sales and Purchase entry
2) Sales return and Purchase return entry

Please advise me which T-Code do I need to use for above entries.

Appreciate for your time.
Thanks in advance.

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Posted on Nov 03, 2019 at 05:08 PM

    Both depend on what you are buying/selling

    Generally, if you are buying assets, the debit would be to assets, credit goes to liability

    If you are buying something to be expensed, debit goes to expense, credit to liability

    Sales:

    Debit Revenue

    Credit Receivables

    But this is too high level; I recommend discussing with your accounts

    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.