Vendor Down Payment Process

[ganeshdnov]

Would like to know, the initial vendor down payment with speical GL

Vendor to Bank A/c there is any financial impact to this. Since we are using bank account to make the payment.

Please clarify on the Vendor Down Payment

[ganeshdnov]

Thank you all for the answers. My question was addressed

[msshihab1987]

Hi,

Vendor Down payment Process include the following process

1. Down Payment Request - We have to create a down payment request to concerned vendor with special GL . system will generate a noted item for this. it is just like a request in the system , there will not be any impact in our financials. The entry will be just crediting the Vendor account.

2. Payment Posting. - We can create payment entry against the noted item in this step either manually using T code F-48 or you can use APP. in this step system will generate the payment entry, the FI entry will be

Vendor A/C Dr

Bank Clearing A/C Cr

3. Invoice Posting

4. Down Payment Clearing. Either you can make the final settlement or you have to manually clear the down payment against the invoice.

in this process item under special GL will be converted to normal item in the vendor line item.

Regards

Shihab

[former_member506893]

Dear Ganesh Doranathula,

When doing the bank payment, accounting entry will generate. Here what happens, system debits the Vendor account and credits the Bank payment account. Is this the clarification you need? else give me some more clarification.

Please check this link:

https://answers.sap.com/questions/720565/gl-account-determination-1.html

Thanks & Regards,

Manivannan Karunanithy

[nico_dewaele]

Hi,

have a look at the SAP help:

https://help.sap.com/doc/erp2005_ehp_08/6.0.8/en-US/cc/2251587c369144e10000000a4450e5/frameset.htm

1. down payment request on vendor: no impact

2. down payment: impact

3. invoice: no impact if down payment was 100%

kr

Nico