process for vendor advance payment for future delivery

[Former Member]

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

[former_member765905 · Accepted solution]

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

[former_member188028]

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