Posting down payment

[Former Member]

Posting down payment what is the common practice?

Is it reccomended to post down payment to an Alternative G/L account or using a Special G/L indicator in the Line item?

Your answer is highly appreciated.

Desi

[Former Member · Accepted solution]

HI,

Both really are the same.

You use a Spl GL indicator to post to an alternative recon account. The Spl GL determines a different account than the one specified in the master.

There are additional things you can do by using the Spl GL, you can modify how the posting screen appears by changing the field status group. You can align authorisations etc etc.

Thus a large majority uses Spl GL, rather that specifying an alternative GL account.

Cheers...

[Former Member · Accepted solution]

Thank you for your answer.

If I change the Field status group I will change the way the screen appears in the Master data of the given account or in the Transactional data of this account?

Regards,

Desi

[Former Member · Accepted solution]

Hi,

The transaction screen will change for only the item which contains the vendor/customer.

Cheers..