on 2020 Sep 02 1:50 AM
We are trying (test system) to post financial document from Concur to S4. Test user has acquitted Card expenses and Manager has approved it.
Where do we configure the credit clearing account for card transactions?
The card payment will post to this clearing account and offset the postings from Concur
Request clarification before answering.
Hi Rajesh,
The Credit Card Vendor/Clearing account will be configured at CONCUR end. The Expense Report when posted in SAP will create below entries.
Credit Card Vendor Cr 100
Expense Account Dr 100
This creates open item against Credit Card Vendor. The subsequent Automatic/Manual Payment run will clear the Credit Card Vendor Open Item as below.
Credit Card Vendor Dr 100
Bank Account Dr 100
I hope this clarifies. Let me know, for further queries.
Regards
Rudra
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