Use this activity to enter posting control information related to the entry of customer invoicing. This task, to be performed by a system administrator or equivalent person, is mandatory for printing checks.
The following posting types and control types are used in the Handle Customer Invoices without Customer Order process. The information can be used as a guideline when setting up the posting control in a company at system start up. For further information on Posting Control in Financials, see the process, Set up Financial Basics.
Posting Type | Description | Requires Ledger Account |
IP2 | Customer Claims, Invoice | Yes |
IP4 | Tax Disbursed, Invoice | No |
IP6 | Invoice Fee | No |
IP7 | Invoice Rounding | No |
IP26 | Tax Currency Loss | No |
IP27 | Tax Currency Profit | No |
Control Type | Description | Data Controlled by |
AC1 | Fixed Value | IFS Accounting Rules |
AC2 | Pre-posting | IFS Accounting Rules |
AC4 | Country Code | IFS Accounting Rules |
AC5 | User Group | IFS Accounting Rules |
AC7 | Tax Code | IFS Accounting Rules |
IC2 | Customer Group | IFS Invoice |
Posting Type | Description | AC 1 | AC 2 | AC 4 | AC 5 | AC 7 | IC 2 | IC 4 |
IP2 | Customer Claims, Invoice | X | X | X | X | X | X | |
IP4 | Tax Disbursed, Invoice | X | X | X | X | X | X | X |
IP6 | Invoice Fee | X | X | X | X | |||
IP7 | Invoice Rounding | X | X | X | ||||
IP26 | Tax Currency Loss | X | X | X | X | |||
IP27 | Tax Currency Profit | X | X | X | X |
Note: Control Type AC2, Pre-posting, is not available for Code part A.
Debit or credit posting: Customer claims are normally posted as debits, if it is not a credit invoice, then the claim is reduced on the credit side. When paying the invoice, the claim is reduced on the reverse side.
Debit or credit posting: Normally a credit posting, when it is a debit invoice.
Debit or credit posting: Normally a credit posting, to be seen as revenue, when creating a debit invoice.
Debit or credit posting: Depending on the end sum of the invoice, it can be either debit or credit.
Customer Invoice Entry
Debit or credit posting: Customer claims are normally posted as debits, if it is not a credit invoice, then the claim is reduced on the credit side.
Debit or credit posting: Normally a credit posting, when it is a debit invoice.
+ Revenue posting is done manually, on the credit side, depending on what kind of sale it was so.
Customer Instant Invoice Entry
Debit or credit posting: Customer claims are normally posted as debits, if it is not a credit invoice, then the claim is reduced on the credit side.
Debit or credit posting: Normally a credit posting, when it is a debit invoice.
+ Revenue posting is done automatically via the items that are sold. They have postings specified in basic date sales objects. However, these postings can be overridden when creating the invoice.
Entering posting control Information is explained in the process, Define Financial Basics, Set up Basic Data Accounting Rules, Modify Rules section.
This activity has the following prerequisites:
As a result of this activity: