Different G/L accounts are hitting when a create a credit memo.

[Former Member]

Hi Experts,

This scenario is a Fixed Bid Contract (Fixed Bid value).

When I create the Credit memo with reference to Invoice it is hitting the wrong accounting entries like Unbilled Revenues instead of Unearned Revenue.

The process here is:

1. Creation fo contract

2. Invoice creation with ref. to Contract.

Customer Account -DR

UNearned Rev -CR

3. Credit Memo Request

4. Credit Memo.

When do the Credit Memo my accounting entries are:

Domestic customer -CR

UnBilled Revenues -DR.

Thanks

ANGKS

[reazuddin_md · Accepted solution]

Have you checked in Account Determination analysis in VF02- Environment - Account determination analysis- Rev. Accounts.

It will show , why & which combination this Invoice is posted into specific G/L accounts.