Re: [sap-acct] Intercompany postings
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 | Posted by Roy B (SAP Financials Expert) on Mar 11 at 9:35 AM |  Mark as helpful |
I think you have misunderstood. This netting procedure is
NOT cross-company code. You do it separately in both company
codes, so there are 2 payment runs each of which affects the
books of one company code. So in company X you have a vendor
Y that X owes money to and also Y is a customer owing money
to X. X pays Y but deducts what is owed by Y. In Y an equal
and opposite transaction is required and this is done
separately.
Rgds, Roy
acoimbra via sap-acct wrote:
>
>
> Hello Roy,
> I have some queries on the process you display if you don?t mind me answering. Anyone that was able to set up the intercompany netting process is welcome to share their knowledge
> How exactly do you set up the sending/ paying company code parameters in FBZP?
> For this cenario for exemple: 1 vendor in company code X with total debit of 1500, which is the customer in company code Y with total credit of 1000.
> The netting is 500 to be paid by company X.
> I have set up an entry for CC X, with sending company code Y and paying company code Y. I have created a netting payment method, it is in both record master of customer and vendor, which are also linked together (field KNA1-LIFNR and LFA1-KUNNR).
> I have run the payment run with this payment method and both customer and vendor in the selection criteria and the two company codes in the parameters as well, nevertheless it still does not pick up the customer doc from company code Y....
> Thanks for your input,
> Alexandra
>
> ---------------Original Message---------------
> From: Roy B
> Sent: Monday, April 14, 2008 12:00 PM
> Subject: Intercompany postings
>
>> Hi,
>> You set up a payment method or rather 2 payment methods, 1 for incoming and 1 for outgoing payments. Behind these instead of a bank account you put the GL account(s) for inter-company current account. No cash actually moves. In the customer and vendor master records you put the appropriate payment methods and also allow customer and vendor clearing for those who are both customer and vendor (so vendor number in customer master and vice versa). If you have separate account groups for inter-company customers and vendors as opposed to third parties, you can select by account group in F110. Otherwise you select by payment method. So I would do a payment run for inter-company vendors which would also clear the associated customers. I would send the payment advices to the other group companies so that they know what I have cleared and can duplicate it in their books.
>> It is sound business practice to let the company that owes money initiate the process rather than the company that is owed. That way there is no confusion about who is doing what and to whom. You need to write a procedure and train the users but they soon pick it up. I first implemented this in a shared service centre where we had all the other companies`customer and vendor balances anyway, so it was simple to manage. Once it is up and running and built into your monthly routines it works like a dream.
>> Rgds, Roy
>> Roy Brookes AFA, FInstBA,
>> SAP Financials Expert,
>> Senior SAP FI-CO-TR Consultant
>> Director,
>> Software Partner Solutions limited
>> www.software-partner-solutions.com
>> email@removed
>> email@removed
>
>
>
>
--
Roy Brookes AFA, FInstBA,
Senior SAP Financials Consultant
Tel: +49 171 268 9635 (mobile)
Tel: +49 40 793 19642 (landline)
Roy.Brookes@Hamburg.de
Roy.Brookes@RoyBrookes.com
RB@Software-Partner-Solutions.com
www.RoyBrookes.com
www.Software-Partner-Solutions.com
www.linkedin.com/in/roybrookes
SAP Expert Index Registration: CRF **42819*
__.____._ NOT cross-company code. You do it separately in both company
codes, so there are 2 payment runs each of which affects the
books of one company code. So in company X you have a vendor
Y that X owes money to and also Y is a customer owing money
to X. X pays Y but deducts what is owed by Y. In Y an equal
and opposite transaction is required and this is done
separately.
Rgds, Roy
acoimbra via sap-acct wrote:
>
>
> Hello Roy,
> I have some queries on the process you display if you don?t mind me answering. Anyone that was able to set up the intercompany netting process is welcome to share their knowledge
> How exactly do you set up the sending/ paying company code parameters in FBZP?
> For this cenario for exemple: 1 vendor in company code X with total debit of 1500, which is the customer in company code Y with total credit of 1000.
> The netting is 500 to be paid by company X.
> I have set up an entry for CC X, with sending company code Y and paying company code Y. I have created a netting payment method, it is in both record master of customer and vendor, which are also linked together (field KNA1-LIFNR and LFA1-KUNNR).
> I have run the payment run with this payment method and both customer and vendor in the selection criteria and the two company codes in the parameters as well, nevertheless it still does not pick up the customer doc from company code Y....
> Thanks for your input,
> Alexandra
>
> ---------------Original Message---------------
> From: Roy B
> Sent: Monday, April 14, 2008 12:00 PM
> Subject: Intercompany postings
>
>> Hi,
>> You set up a payment method or rather 2 payment methods, 1 for incoming and 1 for outgoing payments. Behind these instead of a bank account you put the GL account(s) for inter-company current account. No cash actually moves. In the customer and vendor master records you put the appropriate payment methods and also allow customer and vendor clearing for those who are both customer and vendor (so vendor number in customer master and vice versa). If you have separate account groups for inter-company customers and vendors as opposed to third parties, you can select by account group in F110. Otherwise you select by payment method. So I would do a payment run for inter-company vendors which would also clear the associated customers. I would send the payment advices to the other group companies so that they know what I have cleared and can duplicate it in their books.
>> It is sound business practice to let the company that owes money initiate the process rather than the company that is owed. That way there is no confusion about who is doing what and to whom. You need to write a procedure and train the users but they soon pick it up. I first implemented this in a shared service centre where we had all the other companies`customer and vendor balances anyway, so it was simple to manage. Once it is up and running and built into your monthly routines it works like a dream.
>> Rgds, Roy
>> Roy Brookes AFA, FInstBA,
>> SAP Financials Expert,
>> Senior SAP FI-CO-TR Consultant
>> Director,
>> Software Partner Solutions limited
>> www.software-partner-solutions.com
>> email@removed
>> email@removed
>
>
>
>
--
Roy Brookes AFA, FInstBA,
Senior SAP Financials Consultant
Tel: +49 171 268 9635 (mobile)
Tel: +49 40 793 19642 (landline)
Roy.Brookes@Hamburg.de
Roy.Brookes@RoyBrookes.com
RB@Software-Partner-Solutions.com
www.RoyBrookes.com
www.Software-Partner-Solutions.com
www.linkedin.com/in/roybrookes
SAP Expert Index Registration: CRF **42819*
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