1. Localizations for Hungary Implementation Guide
  2. Journal Entry Generation

Journal Entry Generation

The program generates a batch of journal entries in the Account Ledger table (F0911) for all the documents selected in the F74H410 table for a specific period. For each document in the F74H410 table, the system retrieves the VAT account and the technical account to generate the journal entry. It uses the VAT difference amount as the VAT amount.

You must set the VAT account and the technical account processing options for the system to retrieve these accounts:

  • For the VAT account processing option, the system uses the standard PTXXXX Automatic Accounting Instruction (AAI), and you must specify the bucket number (XXXX) from which to retrieve the GL offset account (GLC) from the tax rate area setup.

  • For the technical account processing option, you enter an account that the system uses to redistribute the VAT difference. If you leave this field blank, the system uses a new AAI to retrieve the technical account. To activate this new AAI, you must complete the XXXX AAI processing option by specifying the prefix (XXXX) from which the system retrieves the GL offset account from the F0411 table. If you leave this field blank, the system uses the default item PH in combination with the GL offset account to define the technical account.

The VAT amount differences are by tax area, not document line, so the system searches the tax area in the GL offset account in the first line of the F0411 table to process.

The system generates two lines in the F0911 table for each account (VAT account and technical account) and only one line in the F74H910 table. If an error occurs when configuring the accounts, the system does not generate the journal entry, the PDF does not display the journal entry document, and the system does not update the document in the F74H910 table. The system updates only the Actual Amount ledger (AA) and does not modify the Foreign Currency ledger (CA) and Alternate Currency ledger (XA).