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Former Member
May 10, 2009 at 06:39 PM

Need of downpayment clearing (F-54)

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Dear Experts

Why do we need to the clearing of downpayment through (F-54)?

In our scenario -

1. We create the 100% downpayment request F-47 (spl GL - A)

2. F110 makes the payment ( vendor spl GL A debit and bank a/c credit)

3. Goods receipt is done

4. Then Downpayment clearing is done (f-54) - transferred to normal GL

5. Invoice verfication (MIRO)

6. F-44 - clearing of normal GL lines of point 4 & 5

So if we avoid the step 4 ie. downpayment clearing (F-54), and directly do the clearing of transaction through F-44 of points 2 ( spl GL debit) with point 5 ( normal gl credit), will it make any differences?

I've checked the accounting & found that the system generates a document with Vendor Spl GL Credit & Vendor Normal GL Debit thus clearing the vendor lines of point 2 & 5 respectively.

Is it ok to go ahead like this? Besdies accouning, can I be affected on reporting issues?

Kindly advise.

Regards

Kapil