REFX accouting docs has 2 procedures

[manthana_c]

Hi :

when I posting contract , why it sets to be 2 procedures and always with 2 accouting docs.

can we use only 1 procedure and have only 1 accouting doc? and which menu to set up this?

[Former Member · Accepted solution]

Hi,

If you configure CO settlement for a contract type, in that case two procedures will be executed and those are REDP and RETP

REDP: To create a customer debit and a GL account with reference to the contract. This is the regular posting. RETP : This is transfer posting posts debit on the GL account with reference to the contract and credit on a GL account with reference to the cost object.

When you CO settlement system distribute the revenue  / expense to the maintained cost centres in the CO settlement rule of the Cost Object ( in your case it is PM Order)

Thanks and Regards,

Chandra

[Former Member]

Hi,

As per the screen shot you have selected Posting type in RERAPP as Distribution and Transfer Posting type.

Since you have maintained the distribution object(s) in the contract, thats why system is processing Distribution posting.

If your requirement is to create just a single document with distribution posting then you can use "Integrated Posting type" in RERAPP.

Else if, your requirement is to create a single accounting document without distribution then you need to select "Periodic Posting type" in RERAPP.

Regards,

Sid