Announcement:
wanna exchange links? contact me at sapchatroom@gmail.com.
Posted by
Admin at
Enter the following:
Letter of credit(LC) Commission expense in Debit $XXX (amt)
Purchases / Stock / Inventory in Debit -$XXX
Vendor in Credit - $XXX
Bank in Credit -$XXX
LC margin with the Bank - ( Advances) - Credit -$ XXX
| | | ---------------Original Message---------------
From: nazia shaikh
Sent: Thursday, December 08, 2011 2:12 AM
Subject: LC Discounted and Paid to Vendor
Dear All,
My clients wants to post below payment entries to vendor. Actually the LC
is discounted and paid to party. There are total six bills in which 2
bills(open items) are received and remaining four bills will be received in
next month.
Now the client wants to adjust below payment entry against six
bills, the issue is 2 bills are already received but 4 bills are not yet
received so how to pass these entry. Normally client used to posts LC
discounted entries through tcode F-04.
Vendor ................................dr 6978235
Bank Chrgs..........................dr 2650
Discount Chrgs....................dr 365667
To Bills Payable.....................................cr 7346552
*(Open Items - Bill 1 - 1,192,919.14 , Bill 2 - 1,242,551.05)
Kindly suggest possible solution.
Thanks & Regards,
Nazia Shaikh |
| __.____._ Copyright © 2011 Toolbox.com and message author.
Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
| | Popular White Papers
In the Spotlight   _.____.__ |
