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Former Member

Vendor as well as customer

Hi All,

In my company one person Vendor as well as Customer

How to post the transaction in system please help me

one person those give the service for our company and purchase the good from our company, we have to pay and receive money from them.

Regards,

seema

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    author's profile photo Former Member
    Former Member
    Posted on Jul 04, 2011 at 06:38 AM

    Hi

    We have 5 accout types of number ranges.

    A: Asssets

    D: Customers etc...

    When we receive payment from customer :

    Bank a/c dr

    To Customer A/C

    When we made payment to vendor :

    Vendor A/C Dr

    To Bank A/C

    for this Use the T. Code : OBA7 : Select Type : DZ, Select details button

    select vendor check box then save.

    When posting the incoming payment : to select the standard OI Check box.

    Mahe

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  • Posted on Jul 01, 2011 at 08:39 AM

    Hi Seema

    In Vendor master - You need to assign the Customer No and tick "Clearing with customer"

    Similarly, in Customer master - Assign the vendor No and tick Clearing with Vendor (In Comp code segment or Client segment)

    After that, whenever you receive or make payment, system would net off and the balance payment can be made or received

    br, Ajay M

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 01, 2011 at 08:44 AM

    Hi,

    The Below are the Mandatory Steps for Vendor Customer Netting

    1. Create a customer master record for the vendor that is also a customer.

    2. Enter the vendor account number in the Vendor field in the control section of the general data in the customer master record.

    3. Enter the customer account number in the Customer field in the control section of the general data in the vendor master record.

    4. Click in the box next to the Clrg with vend. field or Clrg with cust. field (this field will appear in the Automatic Components payment transactions section, only after Vendor field in the control section have been keyed) in the company code data in both the customer and vendor master records. In this way, each company code can decide separately whether it wants to clear the customer with the vendor.

    Thanks

    Goutam

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 29, 2011 at 07:27 AM

    Hi All,

    I maintained the House Banks, Payment methods in both Customer & Vendor accounts. I also maintained Customer number in Vendor master data & vice versa in Control Tab. As said by Murali, we can't maintain the same payment method to Vendor & Customer because if we try to create a same payment method in FBZP "Payment Methods in Country" it gives an error as "An entry exists with the same key". I also enabled the option "Customer" "Vendor" in both DR & KR Document types in OBA7 and also in the payment document types.

    So I created Payment methods "C" for Outgoing Payments & "D" for Incoming Payments.

    In F110 it's displaying the net amount (difference between Vendor & Customer invoice) and after clicking it's showing 2 line items 1. Customer Invoice 2. Vendor Invoice and after clicking it I'm clicking Reallocate button & input the payment method, House bank details.

    It's generating a cheque with full vendor invoice amount & not displaying the net amount. In FBL1N & FBL5N it's showing both vendor & Customer line items as cleared with full amounts.

    I request you all to clearly understand this config and give me a remedy.

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