Reply from PSD Rajan on Dec 22 at 9:08 AM The entries are correct. There are two parts to it. First two lines for
paying the customer. The last two lines to reverse the accrual. There is
a general feeling that the payment should be made from the accrual, but SAP
allows you to pay a different amount than the one that is accrued. Hence
the four lines...
| | | ---------------Original Message---------------
From: sisonkemdala
Sent: Monday, December 05, 2011 10:22 AM
Subject: Accounting Entries at Rebate Settllement
Hi
I just want to make sure my rebate is posting correctly to FI at the time of settlement.
The entries are as follows:
Dr Expense Account
Cr Customer Account
Dr Accrual Account
Cr Expense Account
I would have expected just to see
Dr. Accrual Account
Cr Customer Account
Please confirm if these entries are correct. I need to be sure I am not mucking up! |
| Reply to this email to post your response. __.____._ |   _.____.__ |
