on 10-16-2006 4:40 PM
Can some one please answer the question below
From time to time our builders send us checks for work that we have not yet completed or even started. When this happens they have to post the check (Or payment to that billing point) as on open credit. Subsequently we complete the work or partially complete the work and can bill it (Or again partially bill it). A/R person tells me that this is a very difficult process and that once she applies a portion of the check she looses visibility of the original document numbers.
I would want to think that applying a credit should not be that cumbersome and would like for you to explain to me the process Thanks
If you use milestone billing plan and create a contract (VA41), you would have complete visibility.
But your AR people are correct. When you "Partial Pay" the documents change, but you have got the document relationship browser in FBL5N to see the linkages.
Here is some more info on milestone billing:
http://help.sap.com/bestpractices/industry/serviceindustries/v346c_us/html/R3/ProjbasedQuotMB.htm
http://help.sap.com/saphelp_47x200/helpdata/en/dd/5606e9545a11d1a7020000e829fd11/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/dd/5606b5545a11d1a7020000e829fd11/frameset.htm
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can some one confirm if my understanding is correct
Thanks
Down payment 3000
Final Invoice 10,000
Transaction:
Invoice to Customer for Down payment: F-37. This is a noted item and there is only one line item in the document. i configure a billing plan in the sales order
Noted item 3000
When i receive the check from the customer F-29 and can clear the open down payment request.
Dr. Bank 3000
Cr. Customer (special gl indicator A) 3000
When i finally bill the customer for full invoice,
Dr. Customer 10000
Cr Revenue 10000
Clear Down payment:
F-32, clears the 3000 against 10000 and makes the open item 7000.
Final payment form customer 7000
Dr. Bank 7000
Cr. Customer 7000
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