Explanation
The Enter Supplier Payment Posting Control Information activity is used for entering posting control information related to the entry of supplier payment transactions.
The following Posting Types and Control Types are used in the Supplier Payment 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.
Existing Posting Types in Supplier Payment
Posting Type |
Description |
Requires Ledger Account |
Requires Tax Account |
PP1 |
Cash Transaction |
No |
No |
PP2 |
Cash Discount Received |
No |
No |
PP4 |
Payment Fee |
No |
No |
PP5 |
Tax Reduction, Received |
No |
No |
PP7 |
Supplier Debts, Pre-payment |
Yes |
No |
PP9 |
Parked Payment Disbursed |
Yes |
No |
PP12 |
Currency Loss |
No |
No |
PP13 |
Currency Gain |
No |
No |
PP16 |
Write-Off Code, Supplier Debts |
No |
No |
PP18 |
Tax Received, Paid |
No |
Yes |
PP21 |
Open Supplier Check |
Yes |
No |
PP26 |
Open Supplier BoE |
Yes |
No |
PP29 |
Unmatched Supplier BoE |
Yes |
No |
PP30 |
Unmatched Supplier Check |
Yes |
No |
PP33 |
Tax Reduction Received, Write Off |
No |
No |
PP37 |
Supplier Debts, Payment in Advance |
Yes |
No |
PP39 |
Input Tax, Payment in Advance |
No |
Yes |
PP41 |
Contra Acc. Input Tax, Adv Paym. |
No |
No |
PP44 |
Tax Received, Direct Cash |
No |
Yes |
PP46 |
Calculated Tax Received, Direct Cash |
No |
Yes |
PP54 |
Bank Fee Japan |
Yes |
No |
PP55 |
Bank Fee Tax Japan |
Yes |
No |
PP56 |
Unpaid Bank Fee Japan |
Yes |
No |
PP57 |
Unpaid Tax Japan |
Yes |
No |
PP58 |
Stamp Duty |
No |
No |
PP59 |
Stamp |
No |
No |
PP60 |
Tax Adjustment |
No |
No |
PP61 |
Tax Currency Loss |
No |
No |
PP62 |
Tax Currency Gain |
No |
No |
Available Control Types
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 |
IC1 |
Supplier Group |
IFS Invoice |
IC2 |
Customer Group |
IFS Invoice |
PC2 |
Cash Account |
IFS Payment |
PC3 |
Interest Template |
IFS Payment |
PC6 |
Bill Type |
IFS Payment |
Allowed Combinations of Posting Type – Control Type
Posting Type |
Description |
AC 1 |
AC 2 |
AC 4 |
AC 5 |
AC 7 |
AC 8 |
IC 1 |
IC 2 |
IC 4 |
PC 2 |
PC 3 |
PC 4 |
PC 5 |
PC 6 |
PP1 |
Cash Transaction |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP2 |
Cash Discount Received |
X |
X |
X |
X |
|
|
X |
|
X |
|
|
|
|
|
PP4 |
Payment Fee |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP5 |
Tax Reduction, Received |
X |
X |
X |
X |
X |
|
X |
|
X |
|
|
|
|
|
PP7 |
Supplier Debts, Pre-payment |
X |
X |
X |
X |
|
|
X |
|
X |
|
|
|
|
|
PP9 |
Parked Payment Disbursed |
X |
X |
|
X |
|
|
|
|
|
|
|
|
|
|
PP11 |
Additional Payment |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP12 |
Currency Loss |
X |
X |
|
X |
|
|
|
|
|
|
|
|
|
|
PP13 |
Currency Gain |
X |
X |
|
X |
|
|
|
|
|
|
|
|
|
|
PP18 |
Tax Received, Paid |
X |
X |
X |
X |
X |
|
X |
|
X |
|
|
|
|
|
PP21 |
Open Supplier Check |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP26 |
Open Supplier BoE |
X |
|
X |
|
|
|
X |
|
|
X |
|
|
|
X |
PP29 |
Unmatched Supplier BoE |
X |
|
X |
X |
|
|
X |
|
|
|
|
|
|
|
PP30 |
Unmatched Supplier Check |
X |
|
X |
X |
|
|
X |
|
|
|
|
|
|
|
PP33 |
Tax Reduction Received, Write-off |
X |
|
|
X |
X |
|
X |
|
|
|
|
X |
|
|
PP37 |
Supplier Debts, Payment in Advance |
X |
|
X |
X |
X |
|
X |
|
|
|
|
|
|
|
PP39 |
Input Tax, Paym in Advance |
X |
|
X |
X |
X |
|
X |
|
|
|
|
|
|
|
PP41 |
Contra Account Input Tax, Paym in Advance |
X |
|
X |
X |
X |
|
X |
|
|
|
|
|
|
|
PP44 |
Tax Received, Direct Cash |
X |
|
|
|
X |
|
|
|
|
|
|
|
|
|
PP46 |
Calculated Tax Received, Direct Cash |
X |
|
|
|
X |
|
|
|
|
|
|
|
|
|
PP54 |
Bank Fee Japan |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP55 |
Bank Fee Tax Japan |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP56 |
Unpaid Bank Fee Japan |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP57 |
Unpaid Tax Japan |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP58 |
Stamp Duty |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP59 |
Stamp |
X |
|
|
X |
|
|
|
|
|
X |
|
|
|
|
PP60 |
Tax Adjustment |
X |
X |
|
X |
X |
|
|
|
|
|
|
|
|
|
PP61 |
Tax Currency Loss |
X |
X |
|
X |
X |
|
|
|
|
|
|
|
|
|
PP62 |
Tax Currency Gain |
X |
X |
|
X |
X |
|
|
|
|
|
|
|
|
|
Note: For control type AC2, pre-posting is not available for code part A.
Connection between Posting Types and System Events
Debit or credit posting: When it is a customer payment it will be a debit posting, and credit for suppliers.
Debit or credit posting: Since it reduces the amount to pay, it will be a credit posting.
Debit or credit posting: It will be posted as a cost on the debit side, no matter if it is a customer or supplier payment.
Debit or credit posting: Since tax originally was posted on the debit side for supplier invoices, it will be reduced as a credit posting.
Debit or credit posting: The debt is reduced "too much" so that an asset is created. These payments are posted as debits.
Debit or credit posting: Normally a debit posting.
Debit or credit posting: It depends on the rest amount.
Debit or credit posting: The loss is treated on the debit side.
Debit or credit posting: The gain is posted on the credit side.
Debit or credit posting: Normal supplier invoices are debited.
Debit or credit posting: This account will have as much debit postings as credit. When printing the check, the account is credited. When cashing the check, the account is debited in order to balance the credit of the cash account.
Debit or credit posting: This account will have as many debit as credit postings. When entering or creating the Bill, the account is credited. When cashing the Bill, the account is debited.
Debit or credit posting: When entering or creating the Bill, the account is debited. When offsetting the payment on account, the account is credited.
Debit or credit posting: When entering the Check, the account is debited. When offsetting the payment on account, the account is credited.
Debit or credit posting: Since tax was originally posted on the debit side for supplier invoices, it will be reduced as a credit posting.
Debit or credit posting: When the payment in advance is created, this account is debited. When the payment is offset or matched, this account is credited.
Debit or credit posting: When the payment in advance is created, this account is debited. When the payment is offset or matched, this account is credited.
Debit or credit posting: When the payment in advance is created, this account is credited. When the payment is offset or matched, this account is debited. A contra account to PP39.
Debit or credit posting: Normally a debit posting.
Debit or credit posting: Normally a debit posting.
PP58 Description of use: Supplier Payment Orders, Create Bill of Exchange and Supplier Bills of Exchange. When stamp duty is posted together with the bill of exchange postings, this posting type will be used to post the entry of the stamp duty.
Debit or credit posting: The payment of stamp duty will result in a debit posting.
PP59 Description of use: Supplier Payment Orders, Create Bill of Exchange and Supplier Bills of Exchange. When stamp duty is posted together with the bill of exchange postings, this posting type will be used to post the entry of the stamp duty.
Debit or credit posting: Credit posting. When stamp duty is paid, it decreases the Stamps asset.
PP60 Description of use: Customer Payment and Acknowledge Customer Payment Orders, create payment and create Check payment, create Bill of Exchange and Mixed Payment. When the preliminary tax amount is changed at the time of payment, the tax difference will be posted to the account specified from this posting type. This is applicable only for tax codes with the Payment method, where the real tax transaction is created at the time of payment.
PP61 Description of use: Customer Payment, Customer Offset, Netting, Acknowledge Customer Payment Orders create Check payment, Mixed Payment. When the tax currency exchange rate is different to the invoice currency exchange rate at the time of payment, such that the net result is a realized currency loss, this posting type will define the correct account. This is applicable for the tax codes with the Payment method, where the real tax transaction is created at the time of payment.
Debit or credit posting: The loss is posted on the debit side.
PP62 Description of use: Customer Payment, Customer Offset and Acknowledge Customer Payment Orders, create payment , create Check payment and Payment, Mixed Payment. When the Tax currency exchange rate is different to the invoice currency exchange rate at the time of the invoice entry, such that the net result is a realized currency gain, this posting type will define the correct account. This is applicable for tax codes with the Payment method, where the real tax transaction is created at the time of payment.
Debit or credit posting: The gain is posted on the credit side.
Business Events in Payment
Supplier manual payments
Debit or credit posting: When it is a customer payment it will be a debit posting, and credit for suppliers.
Debit or credit posting: Since it reduces the amount to pay, it will be a credit posting.
Debit or credit posting: It will be posted as a cost on the debit side.
Debit or credit posting: Since tax originally was posted on the debit side for supplier invoices, it will be reduced as a credit posting.
Debit or credit posting: The debt is reduced "too much" so that an asset is created. These payments are posted as debits.
PP12 Description of use: Supplier Paymentt. When the currency exchange rate is changed compared with the rate at the time of the invoice entry so that the net result is a currency loss. This posting type sets the proper account for that.
Debit or credit posting: The loss is treated on the debit side.
Debit or credit posting: The gain is posted on the credit side.
Debit or credit posting: Normal supplier invoices are debited.
Supplier Automatic Payment
Debit or credit posting: Credit postings for suppliers.
Debit or credit posting: Since it reduces the amount to pay, it will be a credit posting.
Debit or credit posting: It will be posted as a cost on the debit side, no matter if it is a customer or supplier payment.
Debit or credit posting: Since tax originally was posted on the debit side for supplier invoices, it will be reduced as a credit posting.
Debit or credit posting: The debt is reduced "too much" so that an asset is created. These payments are posted as debits.
Debit or credit posting: Normally a debit posting.
Debit or credit posting: The loss is treated on the debit side.
Debit or credit posting: The gain is posted on the credit side.
DDebit or credit posting: Normal supplier invoices are debited.
Supplier Check Payment
Debit or credit posting: Credit posting for suppliers.
Debit or credit posting: Since it reduces the amount to pay, it will be a credit posting.
Debit or credit posting: Since tax originally was posted on the debit side for supplier invoices, it will be reduced as a credit posting.
Debit or credit posting: Normal supplier invoices are debited.
Debit or credit posting: This account will have as much debit postings as credit. When printing the check, the account is credited. When cashing the check, the account is debited in order to balance the credit of the cash account.
Prerequisitess
This activity requires that a company has been created and that the chart of accounts has been defined.
System Effects
The posting control information entered will be used when processing transactions in IFS/Financials.