Example: Posting Receivables
The following example illustrates postings and summarization of receivables in
Contract Accounts Receivables and Payables
and their update in
Accounting
and
Funds Management
. In
Contract Accounts Receivable and Payable
, each receivable is entered in the system as a single document for the respective business partner, and at the same time, the totals of the line items (business partner items and general ledger items) are summarized without reference to a business partner for the update in the totals table. The FM category is a main summarization criterion for the update in
Funds Management
.
In this example, property tax is entered as receivable for business partners
BP1
and
BP2.
Both documents are entered as business transactions with main transaction
Invoice
and subtransaction
Property Tax
. In Customizing, the FM account assignment
Revenue 1
is assigned to the combination of invoice/property tax in the derivation rules. The financial transactions of the commitment items concerned control the FM category assignments in the line items. The business partner items are marked as FM update-relevant FM category A (
invoice
). Entries of general ledger items are only relevant for the update in
Accounting
and not for that in
Funds Management
. This is why FM categories have not been assigned to G/L items. In the totals table, the line items for each reconciliation key are summarized according to FI and FM account assignments and FM categories. In order to simplify the example, additional summarization criteria have not been considered.
When updating document data (for each reconciliation key), the property tax amounts are posted to FM account assignment Revenue 1 as revenues from the invoices. The receivables for property tax of all business partners are posted to a reconciliation account in Accounting, and revenues to the G/L account Revenue 1 .
Note
Several business partner items in one document
In a receivables document, you can enter several items for different business transactions. Note however, that you have to enter a unique FM account assignment in each business partner item. System derivation of account assignments from the specifications for the general ledger items is not supported. SAP delivers the standard function module FKK_EVENT_FM_1102. If you have further requirements, you can enhance event 1102 with a customer-specific function module.
Totals-based invoice updates in Contract Accounts Receivable and Payable
See also:
Example: Payment with Clearing