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Re: Can we use APP for bad debts?

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Hi Ram,

 

go through below steps to do bad debts process.

 

Configuration:

 

1) Define Valuation Method (OB04)

SPRO > Financial Accounting > Account Receivable and Account Payable >

Business Transactions > Closing > Valuate > Define Methods

 

2) Create  G/L Accounts

• Bad-Debts

• Reserves for Bad Debts

• Alternative Reconciliation Account

• Provision for Bad Debts

 

3) Define Accounts for Reserves for Bad Debts (Same Path Above) OBXD

SPRO > Financial Accounting > Account Receivable and Account Payable > Business

Transactions > Closing > Valuate > Reserve for Bad Debts > Define Accounts for

Reserves for Bad Debts

 

4) Define Alternative Reconciliation Account (OBXY)

 

SPRO > Financial Accounting > Accounts Receivable and Account Payable > Business

Transaction > Postings with alternative Reconciliation Account > Other Special G/L

Transactions > Define Alternative Reconciliation Account for Customer

 

End user Steps:

 

1) Sales Invoice Posting (F-22 / FB70 / VF01)

 

2) Transfer Invoice from Account Receivable to Alternative Reconciliation (F103)

 

Accounting > Financial Accounting > Customer > Periodic Processing > Closing >

Valuate > Receivables Transfer Posting (Goss)

 

3) Run Your Session (SM35)

 

4) Go and See your Spool (SP01)

 

5) Make Posting to Bad Debts to provision for Bad Debts (F104)

 

6) Job Overview (SM37)

 

7) Out put Controller Spool Request (SP01)

 

8) Check Customer Line item Report: FBL5N

 

Regards,

Viswa.S


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