We are finding it difficult to map the following scenario in FI (Accounts
Receivable) module in standard SAP :
1. While doing progress billing to our customer we have to adjust 10 % of
each bill value against advance (down payment) received from customer.
2. Also 5% of each bill value is to be treated as retention money which
will be paid by the customer at the time of full and final settlement after
successful completion of job by client.
Pl give me the solution at the earliest. Presently the client is doing such
transactions through JVs which involve lot of manual entries. Pl suggest
whether there is any provision in standard SAP to pass such entries
automatically without manual JVs.