What is down payment process in SAP?
Down Payment Request is created as per the details maintained in Purchase Order. In this process, you create a purchase order in Materials Management; this order is then delivered on receipt of a down payment. After you have posted the goods receipt, enter the invoice in invoice verification in Materials Management.
How do you record a down payment in SAP?
Customer Down Payment Configuration
- Create an Alternative Reconciliation General Ledger(GL) Account.
- Link the Alternative and Standard Reconciliation Accounts.
- Then execute the SAP Customer Down Payment. Post Advance Receipt. Post Sales Invoice Against Advance Receipt. Transfer Posting. Clear Normal Items.
How do you make a down payment request in SAP?
First step is to create a Purchase Order with role Purchaser and app ‘Create Purchase Order -Advanced’. Fill all necessary fields, go to ‘Invoice’ tab and select ‘DP Category’ ‘Mandatory Down Payment’. Enter either a Down Payment Amount or a Down Payment Percentage and save the Purchase Order.
What is SAP FB70?
The SAP TCode FB70 is used for the task : Enter Outgoing Invoices. The TCode belongs to the FFE package.
How do you check down payment in SAP?
If you want to display down payment requests only, you can select them via the selection function using the special G/L code Q . Down payment requests are displayed in a separate set. You recognize down payment requests by the posting key, the special G/L indicator, and the category of the special G/L transaction.
What is the use of F 47 in SAP?
The SAP TCode F-47 is used for the task : Down Payment Request. The TCode belongs to the FIBP package.
What is the difference between F-44 and F-54?
If you will use the f-54 you will clear only the down payments. But if you will use the f-44 you can clear both the down payments and the normal items.
What is the difference between F-44 and F 53?
– F-53 will be used for making payments to vendors. – F-44 will be used for clearing the Vendor Line items.