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Invoice reduction

former_member315366
Active Participant
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Hi gurus

Where do we assign the G/L acount for Invoice Reduction through vendor error in MIRO.

Regards

Accepted Solutions (1)

Accepted Solutions (1)

dheeraj_vaishampayan
Active Contributor
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Hi,

Transaction event key for Invoice reductions = (RKA) which is to be configured in TXN : OBYC

This transaction/event key is used in Logistics Invoice Verification for the interim posting of price differences in the case of invoice reductions.

If a vendor invoice is reduced, two accounting documents are automatically created for the invoice document.

With the first accounting document, the amount invoiced is posted in the vendor line. An additional line is generated on the invoice reduction account to partially offset this amount.

With the second accounting document, the invoice reduction is posted in the form of a credit memo from the vendor. The offsetting entry to the vendor line is the invoice reduction account.

Hence the invoice reduction account is always balanced off by two accounting documents within one transaction.

Hope this helps

Regards

Dheeraj

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