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Chapter 14 ■ Defining FI Accounts Receivable and Accounts Payable
Figure 14-34. Creating periodic intervals for payables
Click the Enter button or press Enter on your keyboard to confirm the entries and then save the
periodic intervals you have defined.
Define Adjustment Accounts for Receivables/Payables by Maturity
In this exercise, you define adjustment accounts for receivable and payables by maturity. The system will
automatically post to the accounts you assigned for each period interval based on your specifications.
■■Note
before defining adjustment accounts for receivable/payables by maturity, you must first create
the G/L accounts you will need for your configuration. Go to “Appendix – A, Chapter 14” (Define Adjustment
Accounts for Receivables/Payables by Maturity) to create the G/L accounts.
This exercise only defines adjustment accounts for receivables/payables by maturity for foreign
receivables/payables. The same procedure is applicable when you create domestic and one-time
receivables/payables. We advise that you create accounts for domestic and one-time payables/receivables
on your own.
Receivables Due Within One Year
To maintain automatic posting procedures for adjustment accounts for receivables/payables by maturity,
follow this menu path: IMG: Financial Accounting (New) ➤ General Ledger Accounting ➤ Periodic
Processing ➤ Reclassify ➤ Transfer and Sort Receivables and Payables ➤ Adjustment Accounts for
Receivables/Payables by Maturity. Or use transaction code OBBV.
The Maintain FI Configuration: Automatic Posting – Procedures screen is displayed. Click
from the displayed procedures list and then click the Choose button on the top-left
side of the screen. The Enter Chart of Accounts dialog box pops up. Enter your chart of accounts (CA90)
in the Chart of Accounts field and click the Enter button at the bottom of the screen. The Maintain FI
Configuration: Automatic Posting – Accounts screen appears (Figure 14-35), which is where you perform the
specifications for adjustment accounts for receivables due in one year. Using the information in Table 14-5,
update the screen.
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