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Rebate partial settlement accounting issue

former_member299860
Participant
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Dear all,

Accounting Doc. Of the credit memo for partial rebate settlement



Accounting Document after reversal. The accounting entries are correctly reversed. The reason for reversing was to the change the tax rate.

Accounting document after processing the rebate after the tax rate was changed

In the above screen the G/L for accrual is not displayed. Kindly guide me on this.

Thanks & Regards!!

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Answers (1)

Answers (1)

former_member299860
Participant
0 Kudos

Dear Gurus,

Please anyone?

Regards!!

jpfriends079
Active Contributor
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Hi

Manually you can reverse the Accrual amounts.

If you want automatic reversal of accruals, then I can probably help in moving this discussion to FI Space for more inputs on feasibility of this requirement.

Thanks, JP