Document flow in FI

[Former Member]

Hi,

Please explain which fields are populated when invoice is posted in FI?What field are updated and how one can follow the GL ACCOUNT /CLEARING/REVERSING process in finance.

Thanks.

Sunil

[Former Member · Accepted solution]

This message was moderated.

[Former Member · Accepted solution]

Hi

Flow for vendor

MIGO - Material Dr to GR/IR Cr

MIRO - GR/IR Dr to Vendor Recon A/c Cr

F-53 / F-58 - Vendor Dr to Bank Cr

Check balance in FBL1N

Flow for customer

VF01 - Debtor Dr to Sales A/c Cr

COGS Dr to Material A/c Cr

F-28 - Bank Dr to Debtor Cr

Check Balance in FBL5N

For GL check balance in FBL3N.

Flow for Asset

Acquisition - Asset Dr to Vendor Cr

Depreciation - Dep Exp Dr to Cum Dep Cr

Retirement by selling to customer - Customer Dr, Loss Dr to Asset Cr

(posting for depreciation if depreciation not executed for the period)

Hope this helps, pls inform if you need anything else.

Regards

Vikas Gupta

[gladys_xing]

Hi Sunil，

I created a example, pls. refer to enclosed file:clearing and reverse.xls.

Best Regards,

Gladys xing

[Former Member]

Please send the file again, as it does not have any contents.

Thanks.

Sunil

[Former Member]

This message was moderated.

[gladys_xing]

Hi Sunil，

I created a new example in more details and enclosed here as well.

Hope it could help you to understant this FI senario!

Best Regards,

Gladys xing