on 09-18-2014 7:41 AM
Dear all,
What is the primary use of creating a recurring document in GL master as opposed to sample document? Will this enable the end user to post certain transactions like Rent automatically?
Hi Indu,
Please take a look at the following link:
Recurring Entries - Posting (FI) - SAP Library
Best regards!
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Hi Indu,
Recurring entries are business transactions that are repeated regularly, such as rent or insurance. The following data never changes in recurring entries:
You enter this recurring data in a recurring entry original document. This document does not update the transaction figures. The recurring entry program uses it as a basis for creating accounting documents.
Please see this link : Recurring Entries - Posting (FI) - SAP Library
Recurring Entry Transaction codes : http://scn.sap.com/thread/1243314
Hope it helps !
In case of queries please revert back.
Regards,
Prakash
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Dear Indu,
yes, recurring entries are business transactions in Financial Accounting that are repeated regularly, such as rent.
For more information you can refer to:
Recurring Entries - Financial Accounting (FI) - SAP Library
Recurring Entries - Posting (FI) - SAP Library
You enter the recurring data in a recurring entry original document.
This document does not update the transaction figures.
The recurring entry program uses it as a basis for creating accounting documents.
Best regards,
Vera
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dear indu, Suppose a company have to pay a fixed amount say pension for ex employees on 1st of every month. The amount is fixed and the receiver is also fixed. In that case one can create a recurring document to pay the pension on 1st of every month. Similary if any agreement to pay a fixed amount to a specified beneficiary recurring document is very useful to avoid repeated manual work. hope this clarify your doubt. n.selvakumar.
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