Value - Business Rules to be further implemented

1. Should we maintain a document/transaction status.

Status':
Not Posted
Not Balanced
Not Convertible
Period Closed
Invalid Account
Posted
Error

2. Rules to handle Business Exceptions:

CRM
Unallocated Cash
Invoice Discount
Invoice Write off
Example (to handle receipts for A/C Receivable):
Unallocated Cash Dr Allocation Amount
Payment Discount Dr Discount Amount
Write Off Dr Write-Off Amount
Tax Due Dr Tax Correction
Realized Loss Dr Loss Amt
Realized Gain Cr Gain Amt
Receivables Cr Invoice Amount

Unallocated Cash, Receivables - from Customer Payment
Discount, Write-Off, Realized Gain/Loss - from BP
Group Tax Due - from Invoice Tax

Accounts Payable
AP Payment Selection (Allocation of invoices)
Payables Dr Invoice Amount
Discount Cr Discount
Tax Credit Cr Tax Amt Realized
Loss Dr Loss Amount
Realized Gain Cr Gain Amount
Payment Selection Cr Payment Amt

Bank Reconciliation
Bank Interest Receivable
Bank Interest Payable

Inventory Difference
Vendor Shipments
Warehouse Inventory Dr Production Cost
Un Invoiced Receipts Cr Production Cost

Physical Inventory
Inventory Dr/Cr
Differences Dr/Cr

For Standard Costing
Un Invoiced Receipts Dr Standard Cost
Product Cost Cr Invoice Amountt
PPV Dr/Cr
IPV Dr/Cr

For Actual Costing
Un Invoiced Receipts Dr Product Cost
Product Cost Cr Invoice Amount
Invoice Adjustment Dr/Cr Difference

3. Multicurrency Issues

• If Accounting Source is not balanced and the document is not a multi-currency entry, create a balancing entry (suspense) in the currency of the document. Multi-currency documents do not balance in source currency, but need to balance in the accounting currency. As a rule, this only applies to manual Journals. This rule gets triggered only, if suspense balancing is enabled as otherwise "Reject Unbalanced" would have been fired earlier. Multi-Currency documents are sourced balanced by definition.
• If an account is source currency balanced, but not balanced in the accounting currency, create currency balancing.
• If account is source balanced, but not segment balanced, create balancing entries.
• When the accounts are complete (Segment and Account Balanced), commit the facts to the database and update document.