cancel accounting document GL account

[Former Member]

Hi,

After cancel the invoice through S1 ,Can you please explain what are the entries(revenue,discount,tax,excise......) , in which GL account it will post and what is the tcode to see the cancel invoice GL account assignment.

[Former Member]

Hi,

If you cancel the invoice,accounting entries are

Customer Account- Credited,

Revenue Account- Debited,

Excise Duty -Debited,

Sales Tax- Debited

In normal invoice account entries are

Customer Account- Debited,

Revenue Account- Credited,

Excise Duty -Credited,,

Sales Tax- Credited,

You can see how G/L accounts got determined in invoices( Normal & Cancel invoice) in VF03  or VF02

Go to Environment--> Acc Determination Analysis--> Revenue Accounts

Based on VKOA setting G/L accounts got determined in the Invoices.

Kind Regards

Shankarappa H L

[gurtej_sandhu1]

Hi,

After cancelling the invoice all the entries will be reversed in the g/l as compare to when the invoice is created and affected the g/l. You can view the accounting document with T-Code FB03.

I hope this will help you.

Regards

Gurtej