advance payment request thro' PO

[Former Member]

Hello all

Our client wants to raise advance payment request to vendor advance payment through purchase order. Is there any procedure to do that.

Thanks in advance

Ramaraju

[Former Member]

we already did this procedure. is there any other process which will go through purchase order not w.r.t. purchase order

[Former Member]

The above procedure is the only procedure, there is no other procedure for Advance payment

[pankaj_singh9]

Hi,

Follow the below mentioned steps for Advance Payment against the PO / Contract;

1. F-47 - Create Down Payment Request (Here in selection screen specify all the necessary details (Doc Type - KA) and press enter, on this screen specify amount to be paid in advance and also specify the PO Document and line item and SAVE)

2. F-48 - Down Payment Entry w.r.t. Down Payment Request No

3. F-54 - Down Payment Clearing

At the time of MIRO, it will pop-up that advance payment is done to this vendor against this PO.

Also take help of your FI Consultant if required.

Note: - Prerequisite for Advance Payment: - Go to FS00, and check Filed Status Group for Vendor Reconciliation Account, then go to OBC4, check the Filed Status Group, what you have maintained for the Vendor reconciliation account. Here go To Material management segment and put optional entry for the field of Purchase Order and save.

[former_member581212]

Hi,

Advance payments to vendor can be done WRT to PO with t.codes in F-47 and F-48 Follow the following steps & treat

1.Check the Vendor reconciliation A/C,

2.Go to FS00, and check Filed Status Group,

3.Go to OBC4, check the Filed Status Group, what u have mentioned for the Vendor reconciliation account.

4. Go To material management segment and put optional entry for the field of Purchase Order and save.

5.Now come to F-48, enter the date, vendor, assign the sp.G/L transaction(A),bank sub account, amount,

&

then enter, it will take to next screen

Here you enter amount & your purchase order number with reference to your are going to make the payment. Now simulate and save.

6. After the GR & IR is done, Perform F-54 for Down Payment Clearing

Regards,

Priyanka.P