Accounts Receivable and Accounts Payable

In this configuration activity you are able to define additional payment blocks. They are important controlling feature of the procure to payment process in SAP ERP. Transaction: OB27 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Outgoing Payments Global Settings -> Define Payment Block Reasons Tables: T008, T008T     In the first screen you will see following. You could either create new or modify an already existing one.

In this configuration activity we are able to define GL Accounts on which payment differences will be posted. They are defined per chart of accounts and are able to be dependent on reason codes. Transaction: OBXL IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Manual Outgoing Payments -> Overpayment/Underpayment -> Define Accounts for Payment Differences (Manual Outgoing Payment) Tables: T030, T030B, T030R   On the first screen you have to choose chart of accounts for which you want to define accounts related to reason codes.   In the current settings …

In this configuration activity we are defining the reasons for explanation of differences between invoices we are posting and payments we are making. Transaction: S_ALR_87003271 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Manual Outgoing Payments -> Overpayment/Underpayment -> Define Reason Codes (Manual Outgoing Payments) Tables: T053R, T053S, T001     When you enter into the transaction you will be able to create a new entry. For new company codes, do not expect to have entries here.   Maintain the fields according to your requirements. Save and exit from the …

In this FICO configuration activity you are able to define tolerance groups which will be used when you post outgoing payments to vendors. They will help clearing small amounts for which will be more expensive to open a dispute. Transaction: OBA3 IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Manual Outgoing Payments -> Define Tolerances (Vendors) Table: T043G, T001, T040, T040A, T043GT   When you enter into the transaction you will see a list of already defined tolerances. If you want to create new, you could create it from scratch …

In this FICO configuration activity you are able to define alternative reconciliation account when you use special GL indicators on Down Payments. Those are maintained for combination of special GL indicator and chart of accounts. Transaction: OBYR IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Business Transactions -> Down Payment Made -> Define Alternative Reconciliation Account for Down Payments Table: T074U, T074   When you enter into the transaction you will see the list of special GL indicators. You could create new on this screen. To maintain reconciliation accounts you have double click on …