billing and accounting

[former_member231409]

hi frnds

what is the link between billing and accounting ?

regards

[former_member183879 · Accepted solution]

Billing is from sales side and accounting is from FI side. When there is an inovice to a customer, that is an amount which has to be received by the sales org (Accounts receivable). Hence this amount will be posted in some GL accounts in FI during accounting document creation.

Whenever a billing doc is created, we can configure whether an automatic posting document will be created or not. You can see this in tcode VOFA by selecting a billing doucment type.

Using the accounting document, further processes like cash payment, dunning etc will take place in FI

Hope this helps you

Pls reward if this helps

[Lakshmipathi]

Dear santosh

Every transaction in SAP will hit some G/L Accounts. Same way, whenever you generate OBD and billing, the respective stock value and sales value gets posted in different G/L Accounts.

So G/L account is the link between SD and FI.

Thanks

G. Lakshmipathi

[Former Member]

Hello,

Accounting document is the subsequent document of billing.

When you create a billing document from a delivery or a sales order, the price related information also copies into the billing documents. This is the revenue, based on the settings we maintian in VKOA, the system posts different kinds of revenues and deductions into differen G/L accounts. This is happening through accounting documents.

Prase

[Former Member]

Hi Santosh,

The main link would be in VKOA, basically all the pricing condtin type acc keys would be linked here to the GL accs.

Whatever the price components reflects in billing it will reflect the account document accordingly.

Mahendar.

[Former Member]

hi santosh,

when u will do the account determination procedure , the the values from the billing documents will be transfered to accounting. pl check in spro-sales& dist-basic functions -accont assignment-revenue accounts