Types of Cash Discount Clearing (SAP Library - Logistics Invoice Verification (MM-IV-LIV))

Types of Cash Discount Clearing

Use

This function uses the document type to control how cash discount is to be cleared.

The standard system contains two document types:

Gross Posting (RE)

The cash discount amount is not taken into consideration when the invoice is entered.
Only when payment is made, is the cash discount amount posted to a revenue account.

Net Posting (RN)

The cash discount amount is credited directly to the account that the costs are posted to when you enter the invoice. For example, if you are posting an amount to a cost center, only the invoice amount minus the cash discount amount is posted to the cost center.

Prerequisites

The following settings are made in Customizing for Logistics Invoice Verification:

(Invoice Verification ® Logistics Invoice Verification ® Incoming Invoice ® Maintain Document Types and Number Ranges ® Document Type)

Which document types exist
Whether an invoice is posted net or gross
Which document type is proposed in Logistics Invoice Verification

Activities

Choose Logistics Invoice Verification ® Document Entry ® Enter Invoice.

The Logistics Invoice Verification screen appears.

First, enter the header data required on the tab page Basic data and match up the invoice.

Choose

The system then determines the terms of payment from the first purchase order allocated.

Check the terms of payment, the system displays them in the header area on the tab page Basic data. If you want to change the terms of payment, choose the tab page Payment.

If a fixed cash discount is specified in the invoice, you can enter this amount in the field Cash disc. In this case, the system ignores the terms of payments that the system proposes or that you enter.

You can change the default document type in the header area, on the tab page Details.