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Aug 22, 2023 at 10:30 AM

Retention PO - Final invoice process

137 Views Last edit Aug 22, 2023 at 10:32 AM 2 rev

Gurus,

We have a scenario where we do a PO with retention (either header or line item) wherein a % (say 10%) is retained.

GR - No issues

IR - When we process the invoice, the system creates 2 accounting document

1) original invoice: (say doc number 160000001) (Tax code V2 - 5%)

31 60000 Vendor ABC 2,090.00- AED V2

86 23605 GI/IR clearing accou 2,000.00 AED V2

40 12651 Input VAT recoverabl 90.00 AED V2

2) Retention invoice: (say doc number 20000001) - with a spl gl indicator H

21 60000 Vendor ABC 200.00 AED

39 H 60000 Vendor ABC 200.00- AED

SAP creates the first document considering the tax only for the amount to be paid initially

The SAP process guideline suggests only up to this stage. Could not lay hands on any reference for the final invoice postings....

The retention amount 200 AED need to be paid (say after 3 months) along with the tax of 10 AED,

The vendor would raise a separate Debit note to claim this money.

Now below are the questions:

1) How do we offset / reverse the retention posting (entry 2 above)

2) How do we pass an invoice to account the debit note from vendor including the taxation.

Note: we are using cash ledger, hence the traceability of original expense have to be retained till end.

We did try F-51, but tax is not getting accounted here

We make all payments only through F110.

Please suggest best alternatives:Regards / Rajan