on 12-03-2015 8:49 AM
Dear Friends,
Please give some inputs for the below scenario.
There are 2 line items in the sale order and Invoice. One is main item and Second is free goods item.
Price structure in sale order and billing as below
Main Item
Price 1,00,000 (PR00)
Tax 15,000 (JVAT)
Free goods Item
Price 10,000 (R100)
Tax 1000 (JVAT)
Right now Accounting entry at billing as below.
Customer Dr- 1,16,000
Sales Revenue Cr- 1,00,000 (Main item)
Sales Revenue Cr- 10,000 (Free goods)
Tax Cr- 15,000 (Main item)
Tax Cr- 1,000 (Free goods)
Free goods Dr- 10,000 (Free goods)
But as per my current requirement the free goods revenue which are highlighted in Red color should not happen. Only tax vale of the free goods should flow into the accounting.So entry should be like below
Customer Dr- 1,16,000
Sales Revenue Cr- 1,00,000
Tax Cr- 15,000
Tax Cr- 1,000
Please suggest me how to achieve it.
Regards,
Ravi
Hi Ravi,
The free-of-charge item contains normal pricing condition like PR00, K005... AND a 100% discount condition R100. The sum of these conditions forms the value 0 which makes the item to be a free of charge item. Both of the condition PR00(K005...) & R100 are relevant for account determination and account posting, therefore when you create billing and release it into FI account, there'll be 1 pair of account lines being generated, the total value of this pair is 0.
Honestly, I cannot see any problem with such FI accounting document posting.
Regards,
Alex
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Hi Ravi,
do you have imlement all steps required for free goods?
you need item category TANN or a copy of this if you prefer to use non standard.
also a free good pricing procedure with price condition R100.
standard access sequenc is Na00.
you need to add the R100 condition in your sales pricing procedure if it is already maintained.
Activate pricing procedure of free goods for the relevant sale areas.
Maintain free goods using VBN1.
hope it helps.
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