FI posting REFX

[Former Member]

Dear Friends,

After Periodic Posting (RERAPP) system is generated Invoice succesfully. But the Invoicet amount is not updated in customer master. I verified in customer master, but it is showing message as no line items.

Please advise me where I missed the configuration and what is the actual accounting entry for REFX periodic posting

Thanks in advance.

Kind Regards,

V.Elango

[Former Member]

Hi,

Accounting entry for periodic postings (RERAPP)

1st entry

Dr. Customer

Cr. Revenue (RE Contract)

2nd entry (transfer posting)

Dr. Revenue (RE contract)

Cr. Revenue (RE Object)

regards,

Srini

[former_member634065]

Hi Srini

Why Second entry is required for transfer posting?