Post the financial discount against the purchasing account

[Nicolás_Abeille]

Hello,

With this account determination, we can determine one single account to assign the financial discounts.

Financial Accounting->Accounts Receivable and Accounts Payable->Define Accounts for Payment Transactions->SKN(Cash discount and payment differences)->SKE(Cash discount received)

In Gernany, my AP clerks want the financial discount to be posted against the purchasing account: they consider this discount as a rebate that should reduce the purchasing cost rather than a financial profit.

Is there a customizing that would allow this?

Thanks in advance,

Nicolás

[Batista · Accepted solution]

Hi

You have to see from accounting point of view the situation you’re handling.

Sharing as per my understanding:

Discounts known as Cash discounts (the configuration you mention above) are usually not mentioned in the invoice send by the supplier. They are part of agreed payment term conditions and if the payer can commit to the agreed payment term, will benefit for the cash discount that always hits a P&L account - this is the regular accounting rule for cash discount, not any SAP only logic.

There are options to record cash discounts based on gross and net method – depending on the document type (setting is “net document type”), but highly used is the gross method. Net method should only be used in the payer can really assure that they can run all payments on time. The difference is that in net, you post the invoice expense already net of the discount value, while in gross the discount and related adjusts are posted with the payment.

Please run a test with a document type set as “net” (standard doc types available KN or RN for example – check SSCUI 101522), post an invoice and related payment and check if meets accountant requirement.

The standard account delivered by SAP for cash discount clearing net method is 21750000 (operation SKV), BS account with Open item management.

The above is mentioned based on simple finance AP posting, please also check behavior for Purchase related invoices, if using a net doc type is of use.

But In short, common cash discounts are based purely on payment terms.

[former_member132363]

Here are some SAP resources you may review based on your topic "assign | financial discount | account determination | financial discounts | financial accounting-> | accounts | payment | -> | cash discount | payment differences | ;accounts receivable and accounts payable-> | transactions | ap"

2651325 - Supplier Cash Discount Posted to Original Expense ...

The Supplier invoice gets cleared with a payment including a cash discount, either ... Charts of Accounts, Financial Reporting Structures, Account Determination ... possible to set up the posting control in a way that cash discounts are posted to?...

https://apps.support.sap.com/sap/support/knowledge/public/en/2651325

1881844 - Currency Exchange Difference Posted to Original ...

Instead, the discount is posted to the original expense account that you have ... Charts of Accounts, Financial Reporting Structures, Account Determination under ... as exchange rate differences or cash discounts, to the original expense account. ... procurement processes and assign it to the respective accounting principles:.

https://apps.support.sap.com/sap/support/knowledge/public/en/1881844

2416242 - LMS Commerce - Knowledge Support and Tips

Use Coupons to Discount a Price ... + Catalog determines the price displayed to users ... Exernal user accounts can be created via Sites functionality: ... Your account codes depend on how you set up your outside financial system to categorize?...

https://apps.support.sap.com/sap/support/knowledge/public/en/2416242