what is difference between prepayment vendor invoice & down payment

[Former Member]

Can anybody tell me the whole process for creating prepayment invoice with T-Codes & difference between prepayment vendor invoice & down payment.

thanks in advance

shailesh

[Former Member · Accepted solution]

hi

the advance payment received will be maintained by FICO here they use the t.code F-48

for advance paid to vendor and they see the payment details in FBl1N whether it is cleared or still due.they make payment or settle with T.CODE F-53.

Difference you mean down payment is nothing but the advance payment made to vendor and in SAP FICO maintain in their respective T.CODEs

[Former Member · Accepted solution]

here is the process

We have received a PO, and made a payment in total through wires outside SAP.

now user created request through f-47.

We follow best practrises so , the process is below

ME21N-F-47-F110-MIGO-MIRO-F-54-F110[ For remaining Balance].

As the amount was paid through wires , which was not through SAP, it was not posted in SAP. I had to use F-48 and post the down payment against bank account.

So the process flow would now be,

ME21N--F-47-F-48-MIGOMIRO-F-54---F110.

If I enter full amount in transfer postings column in F-54 I need to clear it manually from F-53 it wont allow to clear from F110, if I do not enter any amount in transfer postings column I can clear from F-53 manually or when I do F110 it just cleas and creates clearing document.