Accounting entry for Billing document.

[Former Member]

Hi Experts,

During the generation of Accounting document for Billing document of SD Module which include Discount, I am getting an error saying ' Maintain CO object for gl acct : ...."

Now the G/L Account that it is showing in error is of expense with a cost element category 1 - Primary Cost.

I want entry to be passed as:

Cr. Revenue

Dr: Discount

Dr. Debtor

Now for such entry do we need to have 2 different GL's:

1 for revenue and 1 for discount.

or is there any setting in SD or FI for such entry.

Thanks,

Sonali.

[dnyandeoh_ainarkar · Accepted solution]

Hi Sonali,

Note as follows:

When the G/L is Cost Element, you need to assign some cost Object in the accouting Document.

The Cost object will flow to Accouting from Sales Order via Billing.

These may be Cost Centre or WBS element in case of PS Scenario.

Moreover if you cannot give any such Cost Object assignment in sales order then convert the G/L Account to Cost element "11 - Revenue" which is more likely in case of Sales.

But before doing the changes in Cost element, consult your CO Counterpart.

Hope this will resolve your issue.

Regards,

Dnyandeo H. Ainarkar

[Former Member · Accepted solution]

Hi Dnyandeo,

Thanks for your reply.

For a particular billing document of SD, there also involves Internal order. And the particular G/L Acct is also mapped in OKB9 for cost centre. But still in the accounting document the cost center that is picked up is defferent from that maintained in OKB9 and Internal order. How is this possible? Even this G/L is expense code.

And similarly for another expense code it gives the error that it need acount assignment object despite of internal order attached.

please help.

[claudia_neudeck]

I close this tread because the last action was before two months

[Former Member]

Hi,

To check/ Maintain CO Object for an Account...

Go to: FS00

Enter G/L A/c:

and Company Code:

and click Tab: Edit Cost Element.

Maintain Valid from and Valid to

And Click tab: Master Data.

In Tab: Basic Data--> CElem category

Go to Next Tab: Default Acct Assignment-->Cost Center.

And Save.

Please revert for futher clarification, if any.

Best Regards,

Amit.

[former_member204513]

Dear Sonali,

Please take help of Controling or FI consultant to do the proper settings in the G/L account through FS00 transaction.

Normally there will be two G/L accounts, for revenue one G/L account and for deductions there will be another G/L account.

After completion of G/L settings you assign those G/L accounts in VKOA transaction.

I hope it will help you,

Regards,

Murali.