Posting of vendor Invoice
Transaction code: FB60
In this transaction vendor invoice is posted without reference to purchase order.
Enter the following details as shown below:
- Vendor number
- Invoice date
- Posting date
- Amount
- Business place / Section code
- Text
Vendor related details are entered here.
Enter the Expense related details as shown below:
- Expenditure account
- Debit/Credit option
- Amount
- Text
- Cost center
- Tax code
- Business area
- Profit center
For tax calculation click on tab “Tax” as shown below and Click 
click on basic data tab 
Enter the total amount in vendor line item as shown below
Click on simulate button 
View the document in simulate mode
Save the document 
What do you mean by Net Postings?
Usually, when a transaction is posted, for example, a vendor invoice (document type: KR), the system posts the Gross amount with the tax and discount included. However, SAP provides you the option of posting these items as Net. In this case, the posting excludes tax or discounts. Remember to use the special document type KN. (Similarly, you will use the document type DN for customer invoice-Net compared to the normal invoice postings for the customer using the document type DR.) For using this net method of posting you should have activated the required settings in the customization.
