Recurring entries

[Former Member]

Hello,

Can we create recurring AR documents in SAP . Business wants to generate recurring invoices in for AR for lease payments.

Please let me know the procedural step.

Thanks very much.

[Former Member]

Yes you can create recurring entries for AR in SAP.

Please find attached below the brief description an the steps with transaction codes:

Recurring Entries

Purpose

These are entries that are made on a regular basis by the recurring entry program and occur as a result of recurring entry documents. Recurring entries are similar to standing orders with banks for debiting rent, contribution payments, or loan repayments directly.

You make recurring entries for business transactions that occur regularly (rent and insurance contributions). The following data does not change:

u2022 Posting key

u2022 Account

u2022 Amounts

You enter this data, which never changes, in a recurring entry document. This document does not result in transaction figures being updated. The recurring entry program uses this document to create accounting documents.

Prerequisites

If you want to use this method, you have to enter a recurring entry document, which the system uses as a reference. The recurring entry document is not an accounting document and, therefore, does not alter the account balance.

Create Recurring Document FBD1

Change, Display, or Delete Recurring Document FBD2, FBD3,F.56

Display Recurring Document List F.15

Create Posting Documents form Recurring Documents F.14

Batch Session Processing SM35

Display posted Recurring Documents S_ALR_87012083

Regards,

Harmees

Points!!