In SAP MM ECC6.0, assume the following external services purchase order and determine the accounting posting ?
A purchase order item for item category "D" with an external service of 100 hr @ $15/hr.
Services executed by the supplier has been completely recorded in the service entry sheet, the service entry sheet was duly accepted and approved for invoice verification; what are the expected financial and cost accounting posting during invoice verifications ? (Further assumptions are all cost to be charged to cost center 1000 and a tax rate of 10% to be used).
(more than one answers)
(A) An Accounting Document is posted with Debit purchasing services account at $ 1500, Debit Tax account at $ 150, and credit Vendor account at $ 1650 if “GR non-val” indicator has been set in the Purchase Order item.
(B) A Cost Accounting Document is posted to cost center at $ 1500 at Invoice Verification if “GR non-val” indicator has been set in the Purchase Order item.
(C) Cost Accounting Document posting is only possible at Service entry step because “GR non-val” setting is only applicable for Consumables Procurement Scenario.
(D) A Cost Accounting Document is posted to cost center at $ 1650 if “GR non-val” indicator has been set in the Purchase Order item.
(E) A Cost Accounting Document is posted to cost center at $ 1500 at service entry step if “GR non-val” indicator is not set in the Purchase Order item.
.
A purchase order item for item category "D" with an external service of 100 hr @ $15/hr.
Services executed by the supplier has been completely recorded in the service entry sheet, the service entry sheet was duly accepted and approved for invoice verification; what are the expected financial and cost accounting posting during invoice verifications ? (Further assumptions are all cost to be charged to cost center 1000 and a tax rate of 10% to be used).
(more than one answers)
(A) An Accounting Document is posted with Debit purchasing services account at $ 1500, Debit Tax account at $ 150, and credit Vendor account at $ 1650 if “GR non-val” indicator has been set in the Purchase Order item.
(B) A Cost Accounting Document is posted to cost center at $ 1500 at Invoice Verification if “GR non-val” indicator has been set in the Purchase Order item.
(C) Cost Accounting Document posting is only possible at Service entry step because “GR non-val” setting is only applicable for Consumables Procurement Scenario.
(D) A Cost Accounting Document is posted to cost center at $ 1650 if “GR non-val” indicator has been set in the Purchase Order item.
(E) A Cost Accounting Document is posted to cost center at $ 1500 at service entry step if “GR non-val” indicator is not set in the Purchase Order item.
.
Scenario: GR Valuated
ReplyDeleteat GR
FI Debit Purchasing Expense $1500, Credit GR/IR $1500
CO $1500 charged to cost center 1000
at LIV
FI Debit GR/IR $1500, Debit Tax $150, Credit Vendor $1650
CO No more posting
Scenario: GR-Non Valuated
at GR
FI No posting
CO No posting
at LIV
FI Debit Purchasing Expense $1500, Debit Tax $150, Credit Vendor $1650
CO $1500 charged to cost center 1000