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Former Member

Debit, Credit Entries

Hi Experts,

I am new to SAP b1 and just finished a training with TB1000 and TB1100. But when i am doing a practice case analysis, I want to understand how the system will trigger the journal entries for debit and credit. Master data for Bp , items and chart of account had been initialized and the G/L determination

Please explain how the debit and credit posting ( JE) for business transaction is trigered for automatic posting.

Thanks, your answer is highly appreciated.

Cheng

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2 Answers

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    Former Member
    Posted on May 05, 2011 at 06:53 AM

    hi

    First of all u would have to map ur accounts under Finance -Gl Account determination then based on the accounting type whether based on item level item group or warehouse u have to map the accounts Items level item group and warehouse under admin-setup and then the relevant option as desired

    u realy have to map the accounts and automatic posting would automatically take place except sales and purchase order all other document would have an impact on Accounts i.e. they would trigger off the automatic general entry ..

    hope this suffice ur concern

    Regards,

    Manish

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  • author's profile photo
    Former Member
    Posted on May 05, 2011 at 07:26 AM

    Hello,

    May it will very helpfull.....

    For Any movement of stock you should select this opting(Set G/L account by) in item Master Data in inventory data tab.

    -


    Set G/L account by ITEMS GROUP----

    If your client want to show ledger amount group wise(Raw Materials,Semi finished Materials And Finished Goods in balance sheet or SAP financial report.

    -


    Set G/L account by ITEMS Level----

    Client want to show ledger amount Item Wise( Finished Goods1,Finished Goods2 and Finished Goods3 or same raw materials) in balance sheet or SAP financial report.

    -


    Set G/L account by Warehouse wise l----

    Client want to show ledger amount warehouse Wise(Store,Finished good and other location warehouse) in balance sheet or SAP financial report.

    -


    And whenever you make transaction(Inventory Movement) on the particular item then first SAP check which type of configuration(Set G/L account ) is set according this SAP pick those ledger for auto posting on the transaction.

    Inventory Movement (GRPO ,A/P Invoice,Credit note,Delivery A/R Invoice ,Debit note,return document ,inventory receive and issue without Sales and purchase module. and inventory revaluation)

    For Business Partner Partner Related accounting entries post his control account basis.

    For checking this account entries

    you should check Account tab in each marketing document

    Thanks

    Manvendra

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