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Payment need to link with project execution phase in SAP PS

Dear Experts,

I need to link my payments against a project phase complete in SAP PS, example: if 30% project complete (1st phase complete) then we will pay 25% payment to the vendor like that

please suggest me how to configure in SAP PS

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4 Answers

  • May 16 at 12:56 PM

    Dear Prasad,

    There is nothing out of the box, so that must be a development. Consider the network milestone confirmation to trigger a custom workflow.

    Regards,

    Paulo

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  • May 20 at 05:52 AM

    Hi Prasad,

    As you need to link payment to vendor, there should be some terms of payment in PO, this might be in days & you can develop Zterm as per requirement.

    Normally in Sales order we will assign with milestones, That will trigger the billing document after confirmaiton of the milestone. Please check with MM & FICO consultant for help.

    Regards,

    Venkatesh

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  • May 20 at 05:20 PM

    From a business process standpoint it depends how you determine when a project is 30% complete. Is the progress based on cost or schedule or number of tasks completed?

    It is best to use billing milestones tied to your project schedule to determine when the milestone should be reached and tie it to the billing plan.

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  • Jun 10 at 06:17 AM

    Dear All,

    Thank you for your support, let me check

    Regards

    D.Prasad

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