P2P Accounting-Entries

Purchase Cycle (PO till Invoice)

·  ME21N : Create PO : No Accounting-entry

• Freight Condition, change Vendor# for Freight

·  MIGO : Goods Received, (Movement-type +101)

• 89 13600000 Inv. Trading FG +ve Debit
• 96 21120000 GR/IR -ve Credit
• 50 21730000 Freight-Clearing 0ve Credit

·  MIRO : 2 Invoices against Single PO

• 1. Goods/Services Invoice
• 2. Planned Delivery Cost

·  Payment

Purchasing Rebates (S/4HANA Condition Contract Management)

SINGLE-MONTH Contract

• WCOCO : Create Condition-Contract Agreement : No Rebate Accounting Entry
• Run PO+GR+Invoicing —> Only P2I Cycle, no Rebate-Accounting Entry
• Contract Settlement :
  • Dr. Supplier A/P),
  • Cr Rebate Gains

TWO MONTH CONTRACT

·  WCOCO : Create Condition-Contract Agreement : No Rebate Accounting Entry

·  Run PO+GR+Invoicing —> Only P2I Cycle, no Rebate-Accounting Entry.

·  Month-End : with Accrual-Rate %  : Dr. Rebate Accruals, Cr Rebate Gains

• Run PO+GR+Invoicing —> Only P2I Cycle, no Rebate-Accounting Entry
• Contract-End :
  • Dr Rebate Gains, Cr Rebate Accruals (Reversal of previous month-end )
  • Dr Supplier A/C, Cr Rebate Gain (with Final Document)