Enter Supplier Invoice Posting Control Information

Explanation

The Enter Supplier Invoice Posting Control activity is used for entering posting control information related to the entry of supplier invoicing  transactions.

The following Posting Types and Control Types are used in the Supplier Invoicing 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 Invoicing

Posting Type Description Requires Ledger Account
IP1 Supplier Debts, Invoice Yes
IP3 VAT Received, Invoice No
IP5 Preliminary Cost Yes
IP9 VAT Received, Calculated No
IP10 VAT Disbursed, Calculated 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
AC21 Voucher Type IFS Accounting Rules
IC1 Supplier Group IFS Invoice
IC4 Payment Terms IFS Invoice
IC5 Preliminary Code IFS Invoice
IC6 Authorizer IFS Invoice

Allowed Combinations of Posting Type - Control Type

Posting Type Description AC   1 AC   2 AC 4 AC 5 AC 7 AC
21
IC 1 IC 2 IC 4 IC 5 IC 6
IP1 Supplier Debts, Invoice X X X X X X X
IP3 VAT Received, Invoice X X X X X X X
IP5 Preliminary Cost X X X X X X X
IP9 VAT Received, Calculated X X X X
IP10 VAT Disbursed, Calculated X 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.

Connection between Posting Types and System Event

Debit or credit posting: Supplier debts are normally posted as credits, if it is not a credit invoice, then the debt is reduced on the debit side. When paying the invoice, the posting is on the reverse side.

Debit or credit posting: Normally a debit posting, when it is a debit invoice.

Debit or credit posting: Normally a debit posting in the preliminary entry and a credit in the final entry, when it is a debit invoice.

Debit or credit posting: Credit posting when it is a debit invoice.

Business Events in Invoice

Supplier Preliminary and Direct Invoice Entry

Debit or credit posting: Supplier debts are normally posted as credits, if it is not a credit invoice, then the debt is reduced on the debit side.

Debit or credit posting: Normally a debit posting, when it is a debit invoice.

Debit or credit posting: Normally a debit posting in the preliminary entry and a credit in the final entry, when it is a debit invoice.

Debit or credit posting: Debit posting when it is a debit invoice.

Debit or credit posting: Credit posting when it is a debit invoice.

Supplier Final Invoice Entry

Debit or credit posting: Normally a credit posting in the final entry, when it is a debit invoice.

Prerequisites

This activity requires that a company has been created and that the chart of accounts has been defined.

System Effects

As a result of this activity:

Window

Posting Control

Related Window Descriptions

Posting Control
Posting Control Details

Procedure

How to enter Posting control Information is explained  in the process Define Financial Basics, Set up Basic Data Accounting Rules, the Modify Rules section.