The specifications regarding bill charges are entered per company code. If there are no bill charges to be calculated for a given company code, then this company code must not be entered when calculating the bill charges.

If the fields for the bill charges are to be output, specify the corresponding company code for the bill discount note. If you have defined default values in the system, these are proposed when entering a bill of exchange. You enter the collection charge in local currency. When entering a document in foreign currency, the system translates the amount into the appropriate currency and proposes the amount in local and foreign currency.

You can specify separate terms of payment for bill charges in the customer master record. These terms normally contain no cash discount and a shorter payment period. They are transferred to the line item for the bill of exchange charges. If there are no such terms of payment in the master record, the bill charges are due immediately, net.

Bill charges and taxes on sales/purchases are posted automatically to the customer account and to the corresponding G/L accounts.

To post to the customer account, the system requires posting keys. These are predefined in the system for debit and credit postings. The debit posting key is used to post the debit. The credit posting key is needed if the bill of exchange is reversed by a reverse posting. The system then posts a bill charges credit. These postings are distinguished from other transactions by means of special posting keys.

To make an offsetting entry for the bill charges to the corresponding revenue accounts, you must define their numbers, the rules according to which they can be posted to, and the posting keys. The same specifications should be defined for posting the bill charges, which the bank charges to you.

This information must be entered for the following postings:

• Discount charges
• Collection charges