Cash Discounts and Exchange Rate Differences
Use
As with payables and receivables, you can also assign cash discounts and exchange rate differences to the corresponding profit centers at the end of the period.
This is explained in the examples below on the basis of cash discount expenses on the debit side. The receivables and revenues are handled as described in the sections
Transferring Paybles and Receivables and will therefore not be discussed here. ..Example: Cash discounts paid
Billing document:
Item 1 |
800 |
(Profit center A) |
Item 2 |
200 |
(Profit center B) |
FI posting:
Receivables |
1000 |
to | |
Revenues |
800 |
(Profit center A) |
|
Revenues |
200 |
(Profit center B) |
For simplicity, taxes and other items were left out.
Incoming payments:
Bank |
980 |
|
Cash disc. exp. |
20 |
to |
Receivables |
1000 |
The cash discount expenses are not transferred to Profit Center Accounting online. You can transfer them at the end of the period using the function Prof.segm.adjstmt. This program also divides the data according to business areas. You can find the function under Accounting
® Financial Accounting ® General ledger ® Periodic processing ® Closing ® Regroup ® P&L adjustment.The program creates a batch-input session. The system automatically proposes SAPF181 as the session name. When you process the session, the following FI posting is created:
FI document:
Cash disc. exp. |
16 |
(Profit center A) |
|
Cash disc. exp. |
4 |
(Profit center B) |
to |
Cash disc. exp. |
20 |
The debit lines are posted to Profit Center Accounting:
Profit center document:
Cash disc. exp. |
16 |
(Profit center A) |
Cash disc. exp. |
4 |
(Profit center B) |
The credit lines are not posted to Profit Center Accounting, since the profit center is blank and the account is not a cost element.
Exchange rate differences are treated in accordance with this example.
If the cast discount/exchange rate difference accounts are created as cost elements...
the postings will be automatically assigned to a CO object, such as a cost center. This is to avoid inconsistencies which would arise between CO and Profit Center Accounting in the case of secondary allocations in CO.
Postings might exists which are not relevant to an invoice, such as...
The splitting program does not take account of postings of this kind. These postings should be transferred to Profit Center Accounting, however, so that the balance of accounts in Financial Accounting agrees with the balance in Profit Center Accounting.
To do so, enter the corresponding accounts in Customizing for Profit Center Accounting, under Actual Postings ®
If adjustment accounts exist for the affected accounts, they should be assigned to the same default profit center.