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author's profile photo Former Member
Former Member

process for vendor advance payment for future delivery

hi guys

I am having an issue we need to do advance payment to vendor for the future delivery of goods like say for 2 months in future date. How do I make the advance payment in this scenario which screens do I use.

Please advice.

Kind regards

Arman

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    author's profile photo Former Member
    Former Member
    Posted on Dec 15, 2011 at 09:35 AM

    Dear Expert,

    Please go to T-Code: FBKP

    Select Special GL, it transfers to next screen, there select the K(Vendors) with respect to 'A' for Down Payments.

    There we need to assign Reconciliation Account as Sundry Creditors Account and Alternative Reconciliation Account as Advance to Vendors Account and Press Save Button.

    F-48 - Down Payment Made

    FB60 - Invoice - Vendor Invoice

    F-54 - Clearing - Down Payment Clearing with respect to Vendor Invoice

    F-53 - Post - Outgoing Payment with Clearing/ For remaining balance payment

    Regards,

    GK

    SAP

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  • Posted on Dec 15, 2011 at 10:38 AM

    Please use F-48 to post the vendor down payment.

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