on 03-04-2014 4:02 AM
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.
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
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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
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