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Vendor pays to company as security deposit


Is there way vendor pay to company as security deposit before starting the project?

How will map this scenario in SAP?

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  • Best Answer
    Posted on Sep 05 at 07:15 AM

    Helllo MM_ PM

    You need to create one GL Account marked as vendor recon account called as security deposit from Vendors. Now map this Special GL as a new Special GL and assign your trade Vendor Recon Account to Special GL Indicator account you created earlier in FBKP or oBYR

    Now use the T code F-42 to book the security deposit from vendor. The accounting entry would be

    Incoming Bank A/c Dr

    To Vendor Security Deposit (With Special GL Indicator)

    Hope this helps

    Thanks & Regards

    Sanil Bhandari

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