Hi,
This is nothing but downpayment only. Plz find the below configuration step by step for downpayment.
Down Payments are used to capture Advance received from Customer.
How Down Payments Are Configured
The following Customizing settings have to be made for down payment processing:
Settings for the billing plan - To activate the billing plan function, maintain the materials, for which you wish to process down payments, with item category group 0005 (milestone billing). This gives the item type TAO via item type determination. The item type TAO calls up the billing plan function.
You need to implement the following activities in the billing plan for down payments:
Maintain deadline category - This determines the billing rule (percentage or value down payment) for the down payment request. The system assigns billing type FAZ (payment request) defined in the standard system with billing category P. (For the billing type FAZ there is the cancellation billing document type FAS in the standard system).
Maintain the deadline proposal - Use the down payments that are due for the proposed deadlines.
Maintaining a Pricing Procedure with the Condition Type AZWR:
In the standard system the condition type AZWR is delivered for the down payment value already provided but which has not yet been calculated. You must include this condition type in the relevant pricing procedure before output tax.
Enter condition 2 (item with pricing) and the calculation formula 48 (down payment clearing value must not be bigger than the item value) for the condition type AZWR.
Before the condition AZWR you can create a subtotal with the base value calculation formula 2 (net value). If the condition AZWR is changed manually, you can get information on the original system proposal from the subtotal.
Maintain the printing indicator - The pricing procedure can not be marked as a transaction-specific pricing procedure (field Spec.proc.) The condition type AZWR has the calculation type B (fixed amount) and the condition category E (down payment request / clearing).
Maintaining the Billing Document - In the standard system there is the billing type FAZ (down payment request) and the billing type FAS for canceling. The down payment is controlled using the billing category P of the billing type. A billing type becomes a down payment request when the billing category P is assigned. You have to maintain blocking reason 02 (complete confirmation missing) for the billing documents and assign it to billing type FAZ.
Copying control - Copying requirement 20 must be entered in copying control at item level for the down payment request. In the standard system the order type TA for copying control is set up according to the billing type FAZ for the item category TAO.
Copying requirement 23 must be entered in copying control at item level for down payment clearing. In the standard system the order type TA for copying control is set up according to the billing type F2 for the item category TAO.
Financial Accounting settings - A prerequisite for down payment processing is that the account is assigned to the underlying sales document. To do this, change the field status settings in Customizing as follows:
Set reconciliation accounts (transaction OBXR) - For the `received down payments' and `down payment requests' from
the G/L accounts you have selected, you should assign the field status definition G031.
Maintain accounting configuration (transaction OBXB) - For the down payments (posting key ANZ in the standard system) and the output tax clearing (posting key MVA in the standard system), you must maintain the posting key.
You must also carry out a G/L account number assignment for the tax account.
Maintain the posting key (transaction OB41) - For posting key 19, set the sales order as an optional field !!!
Maintain the field status definition (transaction OB14) - For field status variant 0001, field status group G031, set the
sales order as an optional field !!!
Assign the company code to the field status variants (transaction OBC5)
For configuring Installment Plans Please read following points
Path for config from point 1-7
SPRO-> Contract Account Receivable and Payable -> Business Transactions -> Deferral and Installment Plan.
You will get documentation as well there.
1. You need to define Installment Category in transaction FQZQ.This can be any generic name.
2. Define Installment Plan type: ( Steps a-l )
a) Name your own Installment Plan Type.
b) Assign Installment Category to it which you will create in Step 1.
c) Assign Interval Type whether you want to have installment due date interval in weeks , days or months
d) Specify Interval Length:That is how many weeks, months days gap needs to be there in due dates of 2 installments.This depends on interval type u have selected.
If interval type is in month then interval length of 1 will mean due date for each installment will be with a gap of one month.
e) No of installments in a installment plan type
f) You can also maintain an alternative sub transaction for installment plan but you need to do necessary config for that sub trans udner installemnt main trans.
g) Rounding Amount: The individual installment amounts are rounded to a multiple of this amount. Residual amounts that result from the rounding process are added to the first, last, or to a new installment
h) Installment amount: here you can actually fix the installment amount.This is the amount of the individual installments. The installment amount can be entered as an alternative to the rounding amount and to the number of installments.
i) Charge amount: This is if the company wishes to charge something for setting customer on installment plan.
j) Currency:
k) Remaining or Residual amount to:
Controls the distribution of the residual amount when you create an installment plan.
When you calculate the amount of the individual installments of an installment plan, there may be a residual amount. You can distribute this as follows:
Add it to the first installment
Add it to the last installment
Create a separate installment
If you do not enter a value here, the residual amount is automatically added to the last installment
l) Distribute Check box: Distribute Interest/Charges to all Installments.Determines for an installment plan whether installment interest or charges are to be distributed across all installments.
3. Define Default Values for Installment Plan Charge:
here you define FICA document type for charges or fees to be posted to customer's account for putting him on installments plan for receivables.
4. Define Default Values for Interest on Installment Plans:
Here you define a document type and a interest key for the interest calculation on installment plans. You are provided with these default values when calculating the interest on an installment plan. When calculating the interest, the interest is calculated from the starting date to the due date of the individual installment payment.
Note: If you dont want to charge interest on Installment plan but on original items ( FICA documents ) included in installment plan.You need to check the check box for Calculation of interest on the original items for cleared installment plan items using path:
:Business Transactions -> Interest Calculation -> Item Interest Calculation -> Activate Additional Functions for Interest Calculation.Here there is
5. Define Deactiavtion Reasons for Installment plans: Here the deactiavtion reason for installment paln is defined.For eg: There can be manual deactivation of plan or plan can be deactivated automatically through dunning run.Maintain at least one deactivation reason for manual deactivation and one additional deactivation reason for deactivation of the dunning run.
You can charge interest or not chanrge interest on creadit memo of installment plan depending on deactivation reason.
6. You can also put charges on source items in installment plan using the config:Charge on Source Item in Installment Plan under deferral and installment plan header in SPRO.
7. You can set Default Values for Installment Plan: ( a-d )
a) Default doc type for installment plan
b) Default Deactivation reason
c) Default Print Type: Immediate , No print etc.
d) Display Dialog Box for Print Range when Saving
This has the effect that every time you create an installment plan, a dialog box appears in which you can define the details for printing letters and payment forms for installment plans.
Must for Installment Plan to work:
For making all the above things working one needs to do:
1. Complete Central setting for posting for Installment Plan in ---:
SPRO-> Contract Account Receivable and Payable -> Basic Functions -> Posting and Document -> Basic Settings -> Maintain Central settings for posting.here you need to select Installment Plans used and Documents with Repetitions are possible
2. In the Customizing settings for transactions, you must set the installment plan transactions, the allocation to internal transactions, assignment of the statistical
transactions for installment plan charges, and account determination.
Do let me know if you have any queries.
Regards,
Murthy
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