Creating Remuneration Lists 

Purpose

This process describes how you create remuneration lists so that you can perform settlement accounting with your business partners (vendors or customers) for your commission. In this, the system groups together several single settlement requests, settlement request lists, vendor billing documents, or posting lists to form one or more new documents.

You can then use these documents to post commission amounts collectively that occurred in the above-mentioned original documents. You can transfer the amount from the remuneration list to a revenue account of your company.

As several documents for a single payment recipient are grouped together in a single remuneration list, this reduces the number of accounting documents, and therefore streamlines settlement accounting for remuneration list conditions.

Prerequisites

In Customizing for Agency Business, the necessary entries must be made under Assign Billing Document Type to Remuneration List Type, so that the system can automatically create the remuneration list from the billing document type of a single settlement request, settlement request list, vendor billing document, or posting list.

To create remuneration lists, you require at least one preceding document that has already been passed on to Financial Accounting.

When remuneration lists are created, only remuneration list conditions are taken into account. These include del credere commissions, and taxes on del credere commissions, for example.

Process Flow

  1. You create a remuneration list.

You can create remuneration lists in the following ways:

You can enter the document numbers individually to create one or more remuneration lists.

You can have the system generate one or more remuneration list from payment documents (single settlement requests and settlement request lists).

You can have the system generate one or more remuneration lists from vendor billing documents.

You can have the system generate one or more remuneration lists from posting lists.

  1. The system groups together documents with the same header data to form a remuneration list.

All document data is taken from the preceding documents. You do not have to enter any further data. If the header data differs (there is a different invoice recipient or different due date), the system creates a new remuneration list for this.

In Customizing for Agency Business, you can enter further splitting criteria for grouping remuneration lists.
  1. After the system has created the remuneration list, it enters the document number of the remuneration list in the header data of the original documents.
  2. You post the remuneration list.

For further information, see Posting Documents.

If you have set a vendor-side payment block in Customizing, the system automatically removes this block when the remuneration list is released for the payment recipient (for example, vendor).

For further information, see Vendor-Side Payment Block.

If the remuneration list does not require any accounting documents to be generated, the payment block is removed when the remuneration list is saved.

Results

The system creates accounting documents, which are forwarded to Financial Accounting for further processing.