How to Post Accrual/Deferral in SAP.
Scenario: A company paying salaries to their employees on monthly basis. But due to some other important commitment, company not paying salary this month end. So company will make a provision entry in SAP system on month end, initial days of next month (4rth day) company will post reversal entry for provision made and Lastly post an actual salary expense posting.
Let us follow the example related to salary to employees:
- On 30.09.2024, Provision for salary in SAP T code: FBS1
- Reversal of the Provision in SAP T code: F.81
- Paying actual salary expense T code: FB50
1. Provision for salary in SAP T code: FBS1
Go to T code: FBS1.
Enter details like Document, Doc type, Company code, period, currency, Reversal reason and Reversal date.
First line item – Posting key, Account and press enter button.
Give Amount, Text related to first line item.
Second line item – Give Posting key, Account and press enter button.
Give Amount, Text related to second line item.
Click on Document – Simulate, to check the accounting entry.
Displayed Accounting entry. (Check all the SAP FICO Accounting entries)
Click on save button.
Document posted successfully.
2. Reversal of the Provision in SAP T code: F.81
Go to T code: F.81.
Give company code, document number, fiscal year, test run before actual posting.
Click on Execute button.
Everything looks good. Now click on back button.
Remove the Test Run and click on execute button.
Document Reversed successfully.
3. Paying actual salary expense T code: FB50
Go to T code: FB50
Give details like, Document date, GL Accounts, Amount, etc.
Click on Simulate button to check the accounting entry.
Displayed accounting entry.
Click on Post button.
Document posted successfully in company code.
SAP FICO Configuration topics:
- SAP Finance Enterprise structure: Click here
- SAP Finance GL Accounting: Click here
- SAP Finance Accounts Payable: Click here
- SAP Finance Accounts Receivable: Click here
- SAP Finance Bank Accounting: Click here
- SAP Finance New Asset Accounting: Click here
- How to Create a Controlling area in SAP: Click here
- SAP Controlling – Cost Element Accounting: Click here
- SAP Controlling – Cost Center Accounting: Click here
Explained: How to Post Accrual/Deferral in SAP.
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