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Former Member

Transfer of advance

Dear Gurus,l

we have query ,we have PO with containing advance or down payment now we want to transfer the advance to other PO with same vendor ,can any one please advice regarding this .

Thanks

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3 Answers

  • Posted on Sep 20, 2013 at 09:14 AM

    How have you done the down payment ,Have you used F-48,If yes it can be payed against a vendor only not against PO

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    • I believe you cannot transfer the down payment from One PO to another PO. If you have created a down payment request through F-47 and posted Down payment to vendor through F-48 then you will have to reverse the down payment made to Vendor through FB08 and Post it again with a correct purchase order. You may check this with your FI consultant or team.

  • Posted on Sep 23, 2013 at 08:15 AM

    Hi Rajesh,

    Reverse the advance entry through FB08 & do the advance entry again with correct PO. No other solution's in standard.

    Regards

    Mani

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 23, 2013 at 10:08 AM

    Hi Rajesh,

    In general business process, if we paid advance to vendor against PO, then we can receive goods/services for the same PO and we can post the invoice against goods/services received. with reference to that we can transfer that advance amount vendor ledger amount and no where exists the term of transferring the advance payment from one PO to Other PO.

    Can you please tell the reasons for transferring Down payment amount from One PO to Other?

    Did you maintained any reference number while posting the advance payment to vendor the same amount paid for particular PO and not usable to other PO? and why we need to transfer?

    Please clarify the above...

    Singaiah Pathuri(Singh)

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