The following describes the accounting transactions the system creates when you invoice a credit claim order. This is the situation when crediting a claim made for a SMS rebate payer where SMS rebates have been rejected using claim method R (A/R rebate claim). During this crediting claim process a credit claim order is first created from the SMS rebate claim. This credit claim order holds lines over the fictitious item for the rejected SMS rebates that have been defined in the originating SMS agreement. During the creation of the credit claim order one line per fictitious item and VAT handling code is created where the SMS rebate credit value and VAT is totalled.
For the purpose of this example the SMS rebate created in (Accounting) Invoicing of sales orders with SMS rebates and claimed in (Accounting) Invoicing of claim orders is being credited. Only SMS rebates for 10 items of the original quantity of 12 are approved by the SMS rebate payer. The result is that 2 of the items must be credited.
Prerequisites
| Original sales order | |
| Invoiced qty item | 12 |
| Sales price item | 200.00 |
| Cost price item | 50.00 |
| VAT item | 17.5% |
| No discounts | |
| No fees | |
| Fixed SMS rebate item | 10.00 |
| Claim method | R |
| Claim order | |
| Invoiced qty fictitious item | 1 |
| Sales price fictitious item | 120.00 |
| VAT fictitious item | 17.50% |
| Credit claim order | |
| Invoiced qty fictitious item | 1 |
| Sales price fictitious item | 20.00 |
| VAT fictitious item | 17.50% |
Created transactions
The following transactions are created:
| Transaction type | Description | Amount Debit |
Amount Credit |
Calculation/Result/Additional info | |
|---|---|---|---|---|---|
| 639 | SMS COGS adj. sales | 20.00 |
This is the SMS cost of goods sold adjustment due to the crediting of the SMS rebate for 2 of the items. |
||
| 650 | SMS A/R claim VAT | 3.50 |
This is the VAT amount for the SMS rebate for the 2 items that are credited. |
||
| A/R | To be accounted on Account Receivable | 23.50 |