Cash Discount in MIRO

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2011 SAP AG 1
Cash Discount in MIRO
Applies to:
Below configuration is based on SAP ECC 6.0. For more information, visit the Enterprise Resource Planning
homepage.
Summary
This article contains the configuration and user manual for cash discount amount expected is already taken
into consideration when the invoice is posted. The type of price control defined for the material determines
which offsetting account is posted when the stock account is posted.
Author: Binoj M D.
Company: Applexus Technologies (P) Ltd.
Created on: July 5, 2011
Author Bio
Binoj M D is working as SAP FICO with Applexus Technologies (P) Ltd. He is having expertise in
various Implementation, Support and Rollout Projects across various countries.

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Table of Contents
Net Posting ......................................................................................................................................................... 3
Net Posting for a Material with a Moving Average Price ................................................................................. 3
Configuration: ..................................................................................................................................................... 4
Maintain Terms of Payments: OBB8 ............................................................................................................... 4
Define Cash Discount Account: OBXA ........................................................................................................... 4
Maintain FI Configuration: Automatic Posting: FBKP (another Path) ............................................................. 5
Invoice Verification: MIRO............................................................................................................................... 6
Payment: F-53 ................................................................................................................................................. 8
Gross Posting ..................................................................................................................................................... 9
Configuration: ..................................................................................................................................................... 9
Maintain Terms of Payments: OBB8 ............................................................................................................... 9
Define Cash Discount account: OBXA .......................................................................................................... 10
Invoice Verification: MIRO............................................................................................................................. 10
Doc. Type should be RE Invoice-Gross ........................................................................................................ 10
Payment: F-53 ............................................................................................................................................... 11
Related Content ................................................................................................................................................ 12
Disclaimer and Liability Notice .......................................................................................................................... 13

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Net Posting
The cash discount amount expected is already taken into consideration when the invoice is posted. The type
of price control defined for the material determines which offsetting account is posted when the stock
account is posted.
Material with Standard Price
The cash discount amount is credited to the income from price differences account and debited from the
cash discount clearing account.
Material Valuated at a Moving Average Price
The tax amount is credited to the stock account and debited from the cash discount clearing account,
provided that there is sufficient stock to cover the quantity invoiced.
Net Posting for a Material with a Moving Average Price

If an invoice contains a cash discount and taxes, more tax is posted with the invoice than should be, as the
cash discount is not taken into account. When payment is made, the system automatically corrects the tax
payment: The tax amount for the cash discount is credited to the input tax account.
The input tax account is debited with $15 when the invoice is posted. However, only $95 (100 - 5%) is to be
taxed. Therefore, the tax to be paid is 15% of $95 = $14.25. The difference of $0.75 is credited to the input
tax account when the invoice is paid.
It is also possible to post the goods receipt net. In this case, when an invoice is entered, only the GR/IR
clearing account is cleared and the vendor account credited.

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Configuration:
Maintain Terms of Payments: OBB8

Cash Discount percentage has to be defined (mandatory).
Define Cash Discount Account: OBXA

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Maintain FI Configuration: Automatic Posting: FBKP (another Path)

Select Cash Discount & Payment differences.

Double click on Cash Discount Clearing (net method) with Transaction Event Key SKV.
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Put Cash Discount Clearing Account number.

Invoice Verification: MIRO

Doc. Type Should be RN Invoice-Net
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We can also give cash discount manually in Discount column. If we not specified any amount in discount
column, it will calculate discount based on terms of payment.

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Payment: F-53

Click on Simulate button

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Gross Posting

If an invoice contains a cash discount and taxes, more tax is posted with the invoice than should be, as the
cash discount is not taken into account. When payment is made, the system automatically corrects the tax
payment: The tax amount for the cash discount is credited to the input tax account.
The input tax account is debited with $15 when the invoice is posted. However, only $95 (100 - 5%) is to be
taxed. Therefore, the tax to be paid is 15% of $95 = $14.25. The difference of $0.75 is credited to the input
tax account when the invoice is paid.
Configuration:
Maintain Terms of Payments: OBB8

Cash Discount percentage has to be defined (mandatory).
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Define Cash Discount account: OBXA

Invoice Verification: MIRO

Doc. Type should be RE Invoice-Gross

Cash Discount will not calculate at MIRO level.

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Payment: F-53

Click Simulate Button.

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Related Content
For more information, visit the Enterprise Resource Planning homepage.

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Disclaimer and Liability Notice
This document may discuss sample coding or other information that does not include SAP official interfaces and therefore is not
supported by SAP. Changes made based on this information are not supported and can be overwritten during an upgrade.
SAP will not be held liable for any damages caused by using or misusing the information, code or methods suggested in this document,
and anyone using these methods does so at his/her own risk.
SAP offers no guarantees and assumes no responsibility or liability of any type with respect to the content of this technical article or
code sample, including any liability resulting from incompatibility between the content within this document and the materials and
services offered by SAP. You agree that you will not hold, or seek to hold, SAP responsible or liable with respect to the content of this
document.

Cash Discount in MIRO

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