Dunning:
Dunning means reminder:
When the customer does not make payment as per terms of payment we will issue dunning letters.
We are using system defined forms/letters
We are use the term called dunning area
Dunning area can be company whole/location/region
Dunning levels à Type of letters àMaximum available – 9 levels. We are using 4 levels.
Dunning intervals/frequency àexample: every 10 days
Grace period
Dunning charges àamount/percentage/level wise
Define dunning area:
Path:SPRO àFinancial accounting à Accounts receivable & Accounts payable àBusiness transactions à Dunning à Basic settings for dunning àDefine dunning areas.
Select new entries button
Give the company code: AML
Area: Max: 2 characters
Text: Dunning area for AML
Select save button (or) (ctrl + s)
Ignore the message press enter.
Save in your request
Define dunning procedure:
Path:SPRO àFinancial accounting à Accounts receivable and accounts payable àBusiness transactions à Dunning à Dunning procedure àDefine dunning procedures (Transaction code: FBMP)
Select new procedure button
Give the dunning procedure: AML
Name: Dunning procedure for AML
Give dunning interval in days: 10 days
No. of dunning levels: 4
Line items grace periods: 3 days
Interest indicator: Select 01
Select standard transaction dunning check box
Note:In case of vendors it has to take special G/L Transactions when we want to issue reminder letters to vendors.
Select special G/L Indicator button
Ignore the warning message
Enter
Under vendors select ‘A’ check box (Deselect)
Select back arrow
Select dunning text button
Give your company code: AML
Select custom radio button
Enter
Select new company code button
Give the company code: AML
Enter
Select separate notice per dunning level check box
Select back arrow 2 times
Select ‘yes’ button for the message to save the data
Save in your request
Select dunning text button once again
Company code AML and customer also selected automatically
Enter
Open one more session with (FBMP)
Double click on procedure 001
Select dunning text button
Give the company code: 0001
Select customer radio button
Enter
Come to the 1st session (copy & paste)
1st column: Dunning Level1 – Form F150 – DUNN -01
Level2 – F150 – DUNN 01
Level3 – F 150 – DUNN 02
Level 4 – F150 – DUNN -02
Select dunning levels button
Select always dun check box for all the 4 levels
Select changes button
Currency: INR
Enter
Select back arrow
Select save button (or) (ctrl + s)
Ignore the warning messages press enter
Press enter to save in your request
Assign dunning procedure in customer master:
Path:Accounting àFinancial Accounting à Accounts receivable à Master records àMaintain centrally à change (XD02)
Give the customers No; 6200001
Company code: AML
Enter
Select company code data button
Select correspondence tab
Dunning procedure: Select AML
Save
Sales posting:(F-22)
Document and posting date: 25.08.2006
Type: DR
Company code: AML
Currency: INR
Posting key: 01
Give the account No: 6200001
Enter
Ignore the message press enter
Amount: 8888
Business area: AMH
Text: Sales posting
Posting key: 50
Account No: 300000 (Sales A/C)
Enter
Amount: ‘*’
Business area: AMH
Text: ‘+’
Document à Simulate and save
Dunning: (F150):
Accounting à Financial accounting àAccounts receivable à Periodic processing à dunning (F150)
Give the run on date: 01.09.2006
Identification: AML1
Select parameter tab
Give the dunning date: 01.09.2006
Documents posted up to: 01.09.2006
Company code: AML
Customer: 6200001 to 6300000
Save
Select back arrow
Select schedule button
Select start immediately check box
Out put device: LP01
Select schedule button
Go on press enter till you get the message dunning selection is complete
Select dunning print out button
Out put device: LP01
Select continue button
Select print button
Go on press enter till you get the message dunning print out is complete
Select dunning history button
Account type: Select D (Customers)
Company code: AML
Execute
Keep the cursor any where on the item – select display
Dunning notice bull
Keep the cursor on document No
Select print preview button
Give the out put device: LP01
Select continue button
Go and see the customer master (XD02)
Give the customer No: 6200001
Company code: AML
Enter.
Sales Tax:
Sales tax calculation:
Basic XXX
Excise duty XXX
--------
XXX
VAT on( basic + excise duty)
--------
Total XXX
--------
Excise duty:
Duty based on material
This is shown I chapter ID
Input tax:
Price – 100 Rs. – qty – 1 kg
Basic – 100 – inventory Raw Material
4% VAT - 4 – VAT receivable A/C
------
Party A/C 104 VAT pool A/C
Credit ------
Out put tax:
Sales price -200: qty: 1kg
Basic - 200 – Sales A/C
VAT 12.5% - 25 – VAT Payable
------
Customer debit 225 VAT pool A/C
------
Payment to sales tax dept: 25-4 = 21
Customization:
Define tax procedure:
Path:SPRO àFinancial Accounting à Financial accounting global settings àTax on sales/ purchases à Basic settings à check calculation
Procedure:
Double click define procedures
Select new entries button
Procedure: ‘K Tax’
Description: Sales tax India
Save
Save in your request
Select procedure K Tax
Double click on control data folder
Select new entries button.
Step 1
C Type: condition type: select BASB (Base amount)
Step 2: condition type: MWVS (Input tax)
From: 1to1
Account key: VST (Input tax)
Step 3: condition type: MWAS (Output tax)
From: 1 to1
Account key: MWS (Output tax)
Save
Assign country to calculation procedure
Same path
Select position button
Give the country: IN (India )
Enter
Assign the procedure: ‘K Tax’
Save
Save in your request
Creation of tax codes:
Path:SPRO àFinancial accounting à Financial Accounting global setting àTax on sales/ purchases à calculation à define tax codes on sales and purchases (Transaction code: FTXP)
Give the country: IN (India )
Enter
Give the tax code: VO
Enter
Give the description: VO: 0% Input taxes
Tax type: select V = Input tax
Enter
Input tax percent rate: Give 0 (zero)
Keep the cursor on out put tax percent rate: select deactivate line
Save (or) (ctrl + s)
Tax code: V1
Enter
Tax code: V1 (4% Input tax)
Tax type: Select V (Input tax)
Enter
Input tax percent rate: 4%
Keep the cursor on output tax percent rate: select deactivate line button
Save
Tax code: A0 (A & Zero)
Enter
Description: 0% output tax
Tax type: A (output tax)
Enter
Output tax percent rate: 0
Keep the cursor on Input tax percent rate
Select deactivate line button
Save
Tax code: A1
Enter
Description: 12.5% Output tax
Tax type: A (Output tax)
Enter
Give the output tax: 12.5%
Keep the cursor on input tax percent rate: select deactivate line button.
Save
Assign tax codes for non- taxable transactions:
Path:SPRO àFinancial Accounting à Financial accounting global settings àTax on sales/purchases à posting à assign tax codes for non taxable
(Transaction code: OBCL)
Select position button
Give your company code: AML
Enter
For company code: AML: Assign input tax code: VO
Output tax code: AO
Save in your request
Creation of G/L Account – VAT Pool Account: (FS00):
Give the G/L Account No: 200155
Company code: AML
Select with template button
Give the G/L Account No: 200120
Company code: AML
Enter
Change short text to VAT Pool A/C
G/L Text long text – VAT Pool A/C
Select create/bank/Interest tab
Field status group: G041 (Tax office clearing account)
Save
Define Tax account:
Path:SPRO àFinancial Accounting à Financial Accounting global settings àTax on sales/purchases à posting à define tax accounts (Transaction code: OB40)
Double click on transaction VST (Input tax)
Chart of accounts: AML
Enter
Save (or) (ctrl + s)
Give the account No: 200155
Save: save in your request
Select back arrow
Double click on transaction MWS (Output tax)
Save
Give the account No: 200155
Save: save in your request
Assign tax codes in Sales Tax: (FS00)
Give the G/L Account No: 300000 (sales account)
Company code: AML
From the menu select G/L Account àchange
Select control data tab
Tax category: select * (All tax types allowed)
Select posting with out tax allowed check box
Save
Ignore the message
Press enter
In normal financial work in SAP is:
Define – Tax procedure
- Tax codes
- G/L Account
- Assign G/L Account
MM
Purchase order
Material –
Qty: 1
Price – 100
Tax code: V1
Basic – 100
Tax code:V1 – 4 à VST à(200155)
(4%) -----
Vendor credit 104
------
|
SD
Sales order
Material
Qty: 1
Price – 200
Tax code: A1
Basic - 200
Tax code: A1 25 à MWS à (2001550
(12.5%) -------
Customer debit 225
-------
|
Journal entry:
Customers A/C Dr 225
To sales 200
VAT Pool A/C 25
Posting of sale invoice (F-22)
Document date: 04.09.2006
Type: DR
Company code: AML
Posting key: 01
Account No: 6200001
Enter
Give the amount: 225
Select calculate tax check box
Business area: AMH
Text: Sales posting
Posting key: 50
Account No: 300000 (sales A/C)
Enter
Amount: ‘*’
Tax code: A1
Business area: AMH
Text: ‘+’
Document à Simulate
Double click on VAT Pool A/C line item
Business area: AMH
Text: ‘+’
Select save button (or) (ctrl + s)
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