This website is not affiliated with, sponsored by, or approved by SAP AG.

Park and Posting to finance the sales invoice latter

Financials (FI, CO, TR, EC)

Moderators: Snowy, thx4allthefish, darkduck, Baz

Park and Posting to finance the sales invoice latter

Postby chandu30 » Tue May 13, 2014 8:44 am

Team,
We have a process, where sales/billing for customer to consider as Revenue once the customer is received the material/ responsibility of consignment is shifted to Customer, like for invoices other than Ex Works. Presently we capture the data in excel with manual interaction and declare the revenue, if the invoice raised on particular month is not received by customer by end of the month, will not consider as revenue to that month.

Please let us know if any option/process in SAP, where we can park/hold posting to Finance for Invoices other than Ex Works and post to finance in latter stage when customer receipt is confirmed. But, statutory payments can be paid off based on the value captured on billing date.
And let us know, if you have following any other way to tracking Sales revenue based on material receipt/ responsibility of consignment is shifted to Customer.

regards
Chandu.
chandu30
 
Posts: 1
Joined: Tue May 13, 2014 7:18 am

Re: Park and Posting to finance the sales invoice latter

Postby darkduck » Thu May 15, 2014 7:23 am

There is no option to park invoices into Finance from SD, AFAIK.
If you want to defer revenue recognition until later date, please look into Deferred Revenue functionality.

http://www.sapexpert.co.uk
SAP FI FAQ: http://en.sap.darkduck.com

Just before submitting any question, have a look at http://www.catb.org/~esr/faqs/smart-questions.html please...
darkduck
 
Posts: 2456
Joined: Thu Aug 25, 2005 3:55 pm
Location: whereami?


Return to Financials

Who is online

Users browsing this forum: No registered users and 6 guests





loading...


This website is not affiliated with, sponsored by, or approved by SAP AG.