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Former Member

Clearing open invoice

Dear guru,

I am not clear about F-44 and F-53. Kindly clear with understandable answer

Thanks in advance

Moderator: Please, avoid asking basic questions

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4 Answers

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    Former Member
    May 24, 2011 at 07:28 AM

    Hi,

    Clearing the balances of Vendor is 2 ways:

    1. Clearing the Balances With Payment is through F-53. Here the vendor line item display report (Fbl1n) would list out the Single Open Item (Payable). So, we are paying the amount to vendor with this transaction code.

    2. Clearing the Balances without Payment is through F-44. This case the vendor line item display would be 2 open items (Both Debit and Credit) and to be cleared with this transaction code.

    Such a way the both the transaction codes F-53 and F-44 are differ.

    Regards

    VG

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    Former Member
    May 24, 2011 at 07:33 AM

    Dear Samy1980,

    F-44 is the clearing transaction, not relevant for Withholding tax calculation; by it You can clear and close FI documents that are in balance.

    F-53 is an outgoing transaction, You can use it as clearing transaction if You put the bank amount to zero. Basically It moves the bank account to do an outgoing payment. It is relevant for WT calculation.

    I hope this can help You. By FB05 You can have all the possible solutions.

    Mauri

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    Former Member
    May 24, 2011 at 07:43 AM

    For example,F-44 is use for clearing cancelled(LIV) invoice against original invoice manually and

    also clearing advance payment against invoice manually which is vendor based whereas

    F-53 is used for doing payment against invoice for vendors or returning excess payment or refund

    to customers.

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    Former Member
    May 24, 2011 at 08:47 AM

    Hi,

    The basic is vendor is with open item is to identify at any point of time-

    1. What are the invoices not paid.

    2. Payment made on account or in advance.

    3. Invoices against which payment is made in full.

    Open item is created by different postings, And when payment is received against the specific invoice then you use the tcode F-53, which clears the invoice line items . But there are many instances where we received payment on account,.i.e. without any reference to invoice. In such cases when the details comes to company about the invoices against the payment transaction F-44 to clear the invoice transaction against on account payment.

    Regards

    Milind Sonalkar

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