cash discount method
We are following Net cash discount method in our Co.
We use sap ecc 5.0 ( document splitting is active)
We want to change the method from Net to Gross in the middle of our financial year ( period 4, fy 2010)
Can we do that ?
What are the consequences of such a change to
1) our sap sys ( ECC 5.0 )
2) vendor invoices already posted
3) discounts already calculated and posted to relevant GL accounts including Inventory GL accounts.
4) Any othe financial impact...etc etc.
Just FYI, NET means Discount base is net value , and at the time of GR / IR sys calculates the discounts and posts to Inventory accounts.
In case of Gross, discounts are calculated at the time of pyament to Vendors & entries are posted to Revenue accounts ( non - operating income)
Pravin / Vinod