Re: [sap-acct] Where to assign the G/L for interest in Dunning?
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 | Posted by Vidhyadhar (User-friendly Consultant) on Mar 27 at 1:31 AM |  Mark as helpful |
hi n thanks for the info....
regards
vidhyadhar
On Sat, Mar 27, 2010 at 3:40 AM, VitalCreemers via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
> Posted by VitalCreemers
> on Mar 26 at 6:09 PM
> It is possible to book interest during dunning, but only if you are using
> contract accounting. Only in this case it possible to book it. If you are
> using accounts recievable the interest is only printed on the dunning
> letter, but there are postings generated....
>
>
>
>
>
>
>
> Date: Thu, 4 Mar 2010 11:44:15 +0530
> Subject: Re: [sap-acct] Where to assign the G/L for interest in Dunning?
> From: sap-acct@Groups.ITtoolbox.com
> To: crvi69@hotmail.com
>
>
> Posted by Vidhyadhar (Mr.)
> on Mar 4 at 1:13 AM
> Mark as helpful
> Hi
>
> You may be aware that dunning is just a reminder, a form of
> correspondence......which may include an interest element. As far as I
> know, this interest which gets printed in the dunninng note is for
> informative / report purposes only and does not carry any accounting
> significance.
>
> However, should you decide to bring interest into books of account, you may
>
> use the node under Accounts Receivable > Periodic Processing > Interest
> Calculation and even print interest forms, if required.
>
> Please note that Interest calculation ( applicable not only for customers
> but also for vendors and GL Accounts) has a detailed configuration
> rigmarole before implementation.
>
> Interest denoted in Dunning notes, as far as I know , is not for accounting
>
> purposes.
>
> Please do let me know if my view is incorrect.
> Regards
>
> VidhyaDhar
> On Wed, Mar 3, 2010 at 5:29 PM, Tiger100 via sap-acct <
> sap-acct@groups.ittoolbox.com> wrote:
>
> > Posted by Tiger100(SAP Job)
> > on Mar 3 at 7:05 AM
> > Where to assign the G/L for interest in Dunning?
__.____._ regards
vidhyadhar
On Sat, Mar 27, 2010 at 3:40 AM, VitalCreemers via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:
> Posted by VitalCreemers
> on Mar 26 at 6:09 PM
> It is possible to book interest during dunning, but only if you are using
> contract accounting. Only in this case it possible to book it. If you are
> using accounts recievable the interest is only printed on the dunning
> letter, but there are postings generated....
>
>
>
>
>
>
>
> Date: Thu, 4 Mar 2010 11:44:15 +0530
> Subject: Re: [sap-acct] Where to assign the G/L for interest in Dunning?
> From: sap-acct@Groups.ITtoolbox.com
> To: crvi69@hotmail.com
>
>
> Posted by Vidhyadhar (Mr.)
> on Mar 4 at 1:13 AM
> Mark as helpful
> Hi
>
> You may be aware that dunning is just a reminder, a form of
> correspondence......which may include an interest element. As far as I
> know, this interest which gets printed in the dunninng note is for
> informative / report purposes only and does not carry any accounting
> significance.
>
> However, should you decide to bring interest into books of account, you may
>
> use the node under Accounts Receivable > Periodic Processing > Interest
> Calculation and even print interest forms, if required.
>
> Please note that Interest calculation ( applicable not only for customers
> but also for vendors and GL Accounts) has a detailed configuration
> rigmarole before implementation.
>
> Interest denoted in Dunning notes, as far as I know , is not for accounting
>
> purposes.
>
> Please do let me know if my view is incorrect.
> Regards
>
> VidhyaDhar
> On Wed, Mar 3, 2010 at 5:29 PM, Tiger100 via sap-acct <
> sap-acct@groups.ittoolbox.com> wrote:
>
> > Posted by Tiger100(SAP Job)
> > on Mar 3 at 7:05 AM
> > Where to assign the G/L for interest in Dunning?
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VidhyadharSAP Accounting Helper
Posted helpful replies on 5 threads in a group to earn a Bronze Achievement
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