To provide additional value to article RE Accruals/Deferrals Configuration Guide, here’s the detailed proforma accounting entries for the rental accrual/deferral process for your reference. You may share it with other SAP Consultants/Users. A. RENTAL EXPENSE »»»» Deferral of Rental Expense Dr Prepaid Rental xxxx Cr Rental Expense xxxx Automatic set-up of prepaid rent [...]
Real Estate component also uses the Accrual Engine application for accruals/deferrals of revenue and expenses. Here’s a simple guide on how to set-up & activate the accruals/deferrals in RE component. 1. Assign Company Code to RE Application Component Path: IMG → Flexible Real Estatement Management (RE-FX) → Accounting → Accrual/Deferral → Basic Settings → Assign Company Codes. Transaction Code: SPRO [...]
Error Message: Processing not possible on 01/31/2010 – fiscal year 2010 not carried forward Message No.: ACEPS061 Analysis and Diagnosis: During periodic processing of accruals/deferrals (RERAALCN) in Flexible RE, the above error message occured. The key date entered is 01/01/2010. See screenshot: Processing terminated, as date 01/31/2010 in company code 0001 falls in a future [...]
Requirement: P&L account trading partner field should be automatically populated through the vendor/customer trading partner. Solution/Requirements: To populate automatically the trading partner field for P&L account line item, take note and follow these requirements and procedures: 1. Create one Company ID for each of your company code Path: IMG → Enterprise Structure → Definition → Financial Accounting → Define [...]
Error Message: Company code/accounting principle combination BP01/ not permitted Message No.: ACE107 Analysis & Diagnosis: During execution of transaction RERAALCN (Accrual/Deferral: Contracts) in Flexi RE, the above error message occured. You want to carry out processing in the Accrual Engine for the combination Company Code: BP01 Accounting Principle:. In Accrual Engine Customizing, all permitted combinations of [...]