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clearing down payment with account payable

Former Member
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hi all,

I have journal for down payments with tax account.

Down payment vendor   100 USD

Tax                               10 USD

     BANK                               (110) USD

account down payment set for net price.

Then journal account payable :

COST          100 USD

          AP           (100) USD

next step, clearing down payment account with account payable, using F-44 (clearing vendor)

but why when processing open item, amount not zero balance.

account down payment for clearing display amount 110 USD.

and account payable display amount 100 USD.

10 USD, difference amount must be posting to some account for balancing journal. But I think correction posting not correct.

why system not appear down payment amount, only  100 USD ?

can share any link for me, to understand clearing processing ? or different method net and gross down payment process?

Thanks,

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member219221
Participant
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Hi Novita,

is your problem solved or not?  close thread if your problem solved..
Revert if not yet solved..

Regards,

Singaiah Pathuri(Singh)

former_member219221
Participant
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Hi Novita,

Your mentioned Down payment entry is not correct.

Please follow the below steps

Step-1. Correct Down payment entry is in F-48(doc type KZ):

Vendor A/c Dr     100

Bank A/c 90

TDS A/c 10


Step 2.  At the time of posting invoice in F-43/FB60 entry is(before doing this you have to deselect WHT check box in XK02)(Doc. type KR):-

Expenses A/c Dr     100

Vendor A/c                         100

Step 3. Now you have to transfer the Down payment amount from Special GL to Normal by clearing SPL. GL(F-54)(doc. type KA).

Here give details as below as per your requirement.
Doc. Date_________     Type     KA          Company Code_______

Posting Date_______     Period____          Currency     USD

Account _________(vendor Number) 

Click on process down pmts button(top of the screen) or press enter button.

in the appearing screen give your amount against Transfer posting tab and click on save button.

Here KA document generates and clears KZ document..

Vendor A/c Dr     100

Vendor A/c          100

Step  4. Now you can clear that amount using t. code F-44(clear vendor down payment)(Doc. type AB):-

here select your vendor click on process open items button and select line items those which items you want clear.

Vendor A/c Dr          100

Vendor A/c               100

Hoping this can clear your problem..

Please Revert if not yet solved your problem.

Regards,

Singiah Pathuri(Singh)