Hire Purchase Instalment Payment

[Former Member]

Dear Gurus,

We have a series of Hire Purchase assets for which we have to post the instalment payments paid.

May I know the proper procedures of posting the instalment payments from the FI side?

Many thanks.

[Former Member · Accepted solution]

Hi

You can use recurring entry concept for posting installment payment in SAP

The process as follows

Create the recurring document (T_Code :FBD1)

and run the same in monthly basis (t_code :F.14)

Regards

Praveen PC

[Former Member · Accepted solution]

Dear Praveen,

Thank you for your reply.

If in the situation, the payment instalment is not a monthly instalment and the amount to be paid for each instalment may differ, how then will I make the posting?

Thanks in advance.

[Former Member · Accepted solution]

Dear Kah Yin Winnie

You can use Partial Payments in Payment trasactions against the invoices

Regards

shankar

[Former Member · Accepted solution]

Thank you.

Was wondering if there is any other T Codes which I can use too?

Thanks.

[Former Member · Accepted solution]

Hi

You can use T_code F-53/F-58 for partial or whole payment

Regards

Praveen P C

[Former Member · Accepted solution]

Noted.

Thanks, Praveen.