RA Settlement Posting Rules

[Former Member]

Hi,

I am curious to know if we can change the posting rules of RA settlement to Accounting.

For example, we have settled the "Revenue in Excess" and "Revenue surplus" to one single GL account till date.

Now, if we want to change that to something that would settle "Revenue in Excess" to one GL and "Revenue Surplus" to another , would that be a problem?

Offcourse we would have to turn off and on the "Transfer to accounting" check box on the RA version.

[former_member230675]

>

 settle "Revenue in Excess" to one GL and "Revenue Surplus" to another , would that be a problem? 
> .

Better to check with your FI consultant.

OKG8 settings will help you to do it, also you need to set line ID, OKG4 & OKG5

[Former Member]

Thanks Abdul.

I understand changes in the OKG8 (posting rules), but why would I need to change the Line Id's OKG4 and OKG5?

I would just settle the POCS and POCI on different GL , the CE for both still would remain the same.

[Former Member]

If that's what your business wants to do, it's a matter of getting the right GL's maintained in the posting rules for results analysis. However, you will need to be able to handle existing balance in the single account that you have right now. May be Finance will be able to make one offsetting entry to the new account to carry over the balance.

[Former Member]

Thanks Muralidhar, Yes I think we would need to make a one off entry in the G/L depnding on the balance on the G/L at the time of golive.

Apart from that I thing there is nothig else in terms of changing ( offcourse the Posting rules have to be changed).

The Line ID's and the rest of the RA config shoul dnot be affected by this change.

Thnaks.

[Former Member]

There are some user exits available for RA. Check and see if you can use any of them to fulfill your requirement. I feel it can be done using user exits. As suggested earlier it would be better to discuss this with your FICO guys and come to a conclusion.

From what i understand i don't think you will have to change anything in the RA config except the posting rules.

Edited by: Gokul Pillai on Mar 21, 2011 5:29 PM

[Former Member]

Thanks Gokul.

The User exits may not be required here? As this is a case of change of settlement receivers ( from a RA prepective) only.

[Former Member]

Only a change in balsheet G/L should be sufficient , the P&L can still be the same for the two (POCS and POCI) ?