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How to manage posting in KBS

Hi Experts,

In our client we are using purchasing against account assignment PO - account assignment for all Aux. Account.

Flow is as below:

SO - PR - PO - INV.

Here supplier supplies the goods directly to dealer/customer. In between Comp. settle the commission between supplier and dealer. That means, supplier invoice to comp. against PO and comp bill to customer against SO.

Now while posting invoice against vendor, system is picking transaction KBS ans posting is as below:

Vendor Ac = Cr
Purchase Buy sale GL from PO account assignment GL = Dr
Tax ac = Dr.

In order to track the ownership change between supplier/comp/dealer, our business wants the posting as below:

At the time of Booking vendor invoice:

Vendor Ac = Cr (Write in)

Purchase Buy sale GL from PO account assignment GL = Dr (Write in)
Tax ac = Dr. (Write in)
Stock balance account = Dr (Write in)
Transit P&L = Cr. (Write in)

Settlement during Billing customer/dealer will be as below:
Customer = DRAftersales Parts Price = CrOutput VAT on Sales = CrStock Balance = Cr (Write Off)Cost Of Sales = Dr (Write Off)

But how to deal with stock balance and Transit P&L account during KBS posting? Need help to manage this requirement.

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2 Answers

  • Dec 22, 2017 at 08:28 AM

    Hello,

    third-party deals will never post stock on the BSX accounts because you will never be the physical owner but maybe the result Analysis will help you.

    An option would be to activate the CO function with the SO, so that it could collect costs and revenues. The PO would be assigned to the SO and not to the CC anymore. The result Analysis would now post the costs to a Balance sheet account as Long as the customer bill is not done.

    After billing the end customer the Balance sheet posting will be revoked and posted to Costs again.

    Regards

    Holger

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  • Jan 17 at 02:29 PM

    Hello Holger,

    Thanks for your response. Can you please elaborate the point what do you mean by point "The PO would be assigned to the SO and not to the CC anymore"?

    We have tried to proceed with this approach but got stuck.

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