stage wise payment for Service orders

[Former Member]

Hi techies,

stage wise payment for Service orders. Following items are required in SAP while creating & releasing Service Entry. Matter has detailed by following example:

Stage wise payments for an item for eg: Rate is Rs 100 per Rmt.

Item shall be certified as 100% and released stage wise.

Say 60% release on deployment of machinery

Another 20% on execution of work

Another 10% on submission of final bill

Balance 10% as Retention Amount.

Please provide me the solution for release of part rate as explained above.

Thanks in advance,

NB

[Former Member]

Let me know if answer was not helpful...

Regards,

eswarmanu...

[Former Member]

Hi,

Still not received any satisfied answer.

Your answer is helpful but in another scenarios..In our case payments are to be given on milestone basis,Irrespective of period . E. g. 60 % of the mile stone achieved , similar portion of the payment has to be released.

I hope its clear now..

Regards.

[former_member581212]

hi,

You should use the schedule agreement along with the invoice plan or ERS..so that on the particular day the payment will be made and even the services will be procured...

Think abt it...

Regards

Priyanka.P

[Former Member]

Dear,

Pl arange quantity in service entry..

Pl UOM as 1 in work order

and while creating service entry you can apply logic of devision of 1 in fractions..

[Former Member]

You,can use Invoice Plan....

In order to work with an invoicing plan according to ur requirement you mentioned, you must maintain the following settings (among others) in

Customizing:

Desired invoicing plan type

Date categories

Date descriptions

Date proposals

You can also specify whether the invoicing dates are to be entered/maintained manually or whether the system is to suggest them.

You can do settings here:

SPRO ---> MM --> Purchasing --> PO --> Invoicing plan --> see here all the settings...

Regards,

eswarmanu...

[Former Member]

Thanx for prompt reply,

But where to maintain periodic invoicing plan in PO

Regards,

[Former Member]

In PO in Item tab, Invoice tab- Select Invoice plan button,a pop up appears,enter the periodic plan.....

Regards,

eswarmanu...