Vendor Down Payment Process Flow

[Former Member]

Hi,

Can anyone provide me an ideal vendor down payment end to end process flow in SAP, preferably with purchasing document involve as well?

Thanks,

CW

[Former Member]

Hello

Not sure if a seperate terms of payment are required for processing down payments. Check post delivery / pre delivery aspects.

Reg

[Former Member]

Hi,

Below is the vendor down payment process flow:

Creation of PO with payment term having down payment ME21N

Create Down Payment request giving PO Number (This will not be triggered through PO, but have to be done of your own) F-47

Create down payment with reference to Down Payment request F-48

After Receiving material do Invoicing MIRO

Clear Down payment with Invoice F-51 / While making payment select special GL indicator and while processing open payment select down payment with Invoice F-53

Regards,

SJ

[dominic_holdstock]

Hi,

To clarify what Sandeep explained.

F-48 is only required if you make the payment manually. If you make the payment via the payment programm, then the system will make this posting

automatically.

Kind regards

[Former Member]

Hi SJ,

How can I create a payment term having down payment?

Thanks,

CW

[Former Member]

The payment term is mentioned in vendor master. That when payment will be due.

When you will cretae down payment request through f-47. Then you have to specify the due date. The payment run will pay on due date.

[Former Member]

Hi Teo,

Please remember to assign points if you get helpful answer.

There is no provision to create a payment term as down payment. However you can create a payment term with immediate due term and in text you can mention down payment.

SJ

[Former Member]

Hello

After going through the below, follow the link for more info

Processing Down Payments

When you receive/deliver the corresponding goods or services, the down payment may no longer be shown as such in the balance sheet.

It must be treated as a payment. The receivables or payables are reduced/increased accordingly.

So that you can check whether you have a down payment to clear when you enter an invoice, the system issues a message if there are any down payments in the customer or vendor account that have not yet been cleared with an invoice. You then decide whether you need to clear the down payment with an invoice. The actual message depends on your system configuration.

You can process down payments as follows:

Directly - that is, without first making a transfer posting to the payables or receivables account

Indirectly - that is, after making a transfer posting from the down payments made account to the payables account.

These methods are both possible whether the invoice is paid manually or automatically.

When configuring your system, you specify whether down payment items are included in the payment program.

See also:

Clearing a Down Payment Using the Payment Program

Clearing a Down Payment Manually

Clearing a Down Payment After Making a Transfer Posting

When Do You Make Transfer Postings for Down Payments?

Making Transfer Postings of Down Payments and Posting Tax

Canceling the Payment Block

Transfer Posting of a Down Payment After Paying a Closing Invoice

Clearing Down Payment Open Items Manually

Down Payments and Cash Discount

http://help.sap.com/saphelp_erp2005vp/helpdata/en/01/a9c879455711d182b40000e829fbfe/frameset.htm

regards