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Jun 08, 2011 at 04:39 AM

Billing - Pricing Procedure - Accounting entries

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Dear Gurus,

On the basis of business requirement, we are trying to a new pricing procedure and the content of the same are as follows.

20 PR00 (price) ERL eg:10000

50 ZDIS (DEAL) 20 - 49 ZDI :300-

70 AFTER DISCOUNT 20 - 69 9700

390 JVT1 VAT 20 - 20 MW4 1304

500 BASE VALUE 70 - 499 11004

510 INVOICE VALUE 499-509 11004

520 DIFF Rounding

I am confused on the SUBTOTALS to be put against each entry.

Also the entries i am getting in my accounting is

CASH CUSTOMER : 11004

SALES : -10000

SALES DISCOUNT : 300

VAT : -1304

But the enties i need is

CASH CUSTOMER : 9,700.00

SALES :-8695

SALES DISCOUNT : 300

VAT : -1304

I strongly believe i have to restructure the procedure and also this has to do something with SUBTOTALS.

Looking for the expert opinions /suggestions

Thanks & Regards,

Hegal K Charles