Outgoing Payment Issue

[Former Member]

Hi all,

I need to make Outgoing payment with cheque for the following entry.

Remuniration A/C - Dr 50000

To TDS Payable Cr --- 2000

To S/H Cess Cr --- 1000

To Bank Cr --- 47000

i.e I have multiple credit entries. How do we map in B1. I cannot journal entry. Because I need to capture the cheque number.

Kindly provide me the solution for above scenario

Thanks in Advance

Shashi

Edited by: shashi mantripragada on Oct 13, 2008 5:51 AM

[msundararaja_perumal · Accepted solution]

Hi,

As Jitin said you can post it as on account transaction.

You can also use Journal entry, for tracking check no. use ref3 feild in JE.

Normally if a outgoing payment is booked, the check no. is stored in the ref3 field of JE(which is system generated)

Rgds,

sundar

[Former Member · Accepted solution]

Hi SundaraRaja,

Thanks for ur inputs. I am aware that the cheque number will be stored at ref 3 but I need to update cheque register. If I enter in journal entry how my cheque register will get effected?

Regards

Shashi

[msundararaja_perumal · Accepted solution]

Hi,

If you want to post entries via JE,then you can write a separate query for the check register.

[Former Member · Accepted solution]

Hi Shashi,

There is one work aorund for that as follows -

You need to select radio button of account in Outgoing Payment, in this you need to select the desired accounts & put the negative amount (amount with negative sign) for the accounts needs to be credited.

In your case,

Account Amounts

Remuneration A/c 50000

TDS A/c -2000

SHEcess A/c -1000

Now, go to payment means & pay by check amount Rs. 47000.

Hope this will help you.

Regards,

Abhishek

[jitin_chawla]

Hi Shashi,

This link explains :

http://help.sap.com/saphelp_sbo2005b/helpdata/en/97/7d0ae788b0483eac98385cf4e642db/content.htm

Hope it helps.

Regards,

Jitin

[jitin_chawla]

Hi,

Please check, In the Outgoing Payment Window, there is a radio box "Account" on the top left.

On checking that you can select multiple accounts.

Check if it helps in your scenario.

Regards,

Jitin

[Former Member]

Hi Jatin,

The thing is I need to Post to a credit account. I know that we can select multiple accounts when we choose account radio button. But what ever we post there that will get debited.

I want credit account to be hit in that screen...

Regards

Shashi