on 06-24-2009 3:36 AM
Hi,
what is the objective behind defining the adj acct and target acct setting.
As per my info,
In this activity you define the numbers of the adjustment and target accounts for the automatic postings for the GR/IR clearing account.
Transfer postings have to be made at the balance sheet date to reflect the goods invoiced but not delivered and the goods delivered but not invoiced. Transaction code F.19 analyzes the GR/IR clearing account and posts adjustments entries for outstanding amounts to adjustment accounts. It makes the offsetting entry to the account for goods delivered but not invoiced or to the account for goods invoiced but not delivered (target account).
I have done the following setting:
Invoice but no delivery:BNG: 219914 (Recon Acct) : 219915 (Adj Acct) : 119522 (Trg Acct)
Delivered but no invoice: GNB: 219914 (Recon Acct) : 219915 (Adj Acct) : 119916 (Trg Acct)
*When I Run F.19, I got the following entries:*
BNG:
40 119522 GR/IR Invoiced but goods not yet received
50 219915 GR/IR correction account (Adj Acct)
GNB:
40 219916 GR/IR Shipped not invoiced
50 219915 GR/IR correction account (Adj Acct)
My Questions:
1. are the entries right? if yes, why the adj acct credited in both the cases?
2. are the entries will be reversed?
Please inform if more information required.
Regards,
Pankaj
Hi,
can i have some reply for the above query?
Regards,
Pankaj
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