Hi gurus...
We are finding it difficult to map the following scenario in FI (Accounts
Receivale) 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
successfull completion of job by client.
Pl give your comments at the earliest. Presently we are 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.
Thank you ,
Dasharathi