Q1: I receive the down payment (prepayment) from customer and SAP generates posting
| Dr |
|
Bank |
118 |
| Cr |
|
Customer Down Payment |
100 |
| Cr |
|
Output VAT |
18 |
Why does system behaves itself wrong way? It should be
| Dr |
|
Bank |
118 |
| Cr |
|
Customer Down Payment |
118 |
| Cr |
|
Output VAT |
18 |
| Dr |
|
VAT from down payments received |
18 |
A: System will use special GL account "VAT from down payments" when several prerequisites are met...
The rest - in the free e-book FREQUENTLY ASKED QUESTIONS ON SAP FINANCE.
Q2: I pay down payment (prepayment) to vendor and SAP generates posting
| Cr |
|
Bank |
118 |
| Dr |
|
Vendor down payment |
100 |
| Dr |
|
Input VAT |
18 |
Why does system behaves itself wrong way? It should be
| Cr |
|
Bank |
118 |
| Dr |
|
Vendor down payment |
118 |
| Dr |
|
Input VAT |
18 |
| Cr |
|
VAT from down payments paid |
18 |
A: System will use special GL account "VAT from down payments" when several prerequisites are met... The rest - in the free e-book FREQUENTLY ASKED QUESTIONS ON SAP FINANCE. |
|
|
