Folks,
Here is one scenario I encountered which turned into an enhancement.
Features of F.28:
Whenever you update a credit master for a customer in FD32 (Ex: updating a customer with risk category field), the next step would be to run F.28 to update the credit master in all the billing documents and SD documents (sales orders etc). Further the credit master changes(in our example risk category) will be carried to subsequent documents.
My issue with F.28:
I am working in a manufacturing industry(automotive to be precise). In my scenario, I have scheduling agreements (SD document) which are not getting updating even after executing F.28.
What is a Scheduling agreement and what happens if credit master is not update in SA?
Scheduling agreement is a long term purchase agreement, where you will keep issuing the delivery schedules whenever there is a change in requirement or at predetermined time intervals. The delivery schedule can be on hour/daily/weekly/monthly basis.
If we update the credit master, this update must get populated in Scheduling agreements as well along with billing and other SD related documents. If the data does not get updated, then Company may be having serious business effects (like shipping as per schedule to bankrupt customers and so on)
RESOLUTION:
I searched several SAP notes and Forums to resolve this issue. Finally I found a SAP note 1080446 and as mentioned in the note, I came to know that there is an exception for scheduling agreements. I worked with the developer and modified the functional module and create another Z transaction to update the credit master in scheduling agreements.
Please let me know if you have any questions.
Sunday, February 7, 2010
Wednesday, January 27, 2010
Asset Accounting question on postings
1.Company has purchased a ABC company and the assets are to be transfered from ABC company. So what are the steps to be taken care of ?
2. For ex Asset Z has a net book value of $ 950.00 as on 02/01/2010 ( in old company). How do you show the balance in new company and what are the journal entries to be passed in new company.What are the tasks to be fullfilled.what is the solution for this ??
A. If Selling and Buying Company is separate Entities:
(Ex: APC Value: $6000, complete retirement or sale value: $4000, Accumulate Depreciation: $700)
Accounting Entries
In Selling Company:
A/R Posting
Customer a/c Dr (for the sale value) $4000
Revenue –Asset Retirement Cr $4000
Asset Posting
Clearing of Asset Retirement Dr $4000
P&L (Loss) Dr $1300
Accumulated Depreciation Dr $700
Asset Cr $6000
In Buying Company:
Asset Dr $4000
Vendor Cr $4000
Note:
Posting date of the document will be copied into the asset master as the capitalization date.
The depreciation start date of each depreciation area will also be determined and updated in the depreciation area data tab page.
Asset acquisition posting could also be done without PO from the MM module.
Posting could be done in FI posting only.
B. If selling and buying Company is Inter Companies
Accounting Entries
In Selling Company:
A/R Posting
Inter Company Customer a/c Dr (for the sale value) $4000
Revenue –Asset Retirement Cr $4000
Asset Posting
Clearing of Asset Retirement Dr $4000
P&L (Loss) Dr $1300
Accumulated Depreciation Dr $700
Asset Cr $6000
In Buying Company:
Asset Dr $4000
Inter Company Vendor Cr $4000
1. Note:
Posting date of the document will be copied into the asset master as the capitalization date.
The depreciation start date of each depreciation area will also be determined and updated in the depreciation area data tab page.
Asset acquisition posting could also be done without PO from the MM module.
Posting could be done in FI posting only.
2. Note:
The process for posting intercompany transactions is as follows:
1. The initial entry is parked.
2. Then an email is sent to the other branch to view the document.
3. On approval of the transaction, the parked document is then posted to the g/l in both companies. The company receiving the revenue will be the one responsible to book into system using the US dollar as base currency.
(Replied by Mr.Murthy)
2. For ex Asset Z has a net book value of $ 950.00 as on 02/01/2010 ( in old company). How do you show the balance in new company and what are the journal entries to be passed in new company.What are the tasks to be fullfilled.what is the solution for this ??
A. If Selling and Buying Company is separate Entities:
(Ex: APC Value: $6000, complete retirement or sale value: $4000, Accumulate Depreciation: $700)
Accounting Entries
In Selling Company:
A/R Posting
Customer a/c Dr (for the sale value) $4000
Revenue –Asset Retirement Cr $4000
Asset Posting
Clearing of Asset Retirement Dr $4000
P&L (Loss) Dr $1300
Accumulated Depreciation Dr $700
Asset Cr $6000
In Buying Company:
Asset Dr $4000
Vendor Cr $4000
Note:
Posting date of the document will be copied into the asset master as the capitalization date.
The depreciation start date of each depreciation area will also be determined and updated in the depreciation area data tab page.
Asset acquisition posting could also be done without PO from the MM module.
Posting could be done in FI posting only.
B. If selling and buying Company is Inter Companies
Accounting Entries
In Selling Company:
A/R Posting
Inter Company Customer a/c Dr (for the sale value) $4000
Revenue –Asset Retirement Cr $4000
Asset Posting
Clearing of Asset Retirement Dr $4000
P&L (Loss) Dr $1300
Accumulated Depreciation Dr $700
Asset Cr $6000
In Buying Company:
Asset Dr $4000
Inter Company Vendor Cr $4000
1. Note:
Posting date of the document will be copied into the asset master as the capitalization date.
The depreciation start date of each depreciation area will also be determined and updated in the depreciation area data tab page.
Asset acquisition posting could also be done without PO from the MM module.
Posting could be done in FI posting only.
2. Note:
The process for posting intercompany transactions is as follows:
1. The initial entry is parked.
2. Then an email is sent to the other branch to view the document.
3. On approval of the transaction, the parked document is then posted to the g/l in both companies. The company receiving the revenue will be the one responsible to book into system using the US dollar as base currency.
(Replied by Mr.Murthy)
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