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Billing plan and downpayment question

Former Member
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Guru

the sale order item have the billing plan as below .

20.05.2009 0009 Down payment 10.00 30.00 EUR 4 A 03 FAZ

19.06.2009 0004 Engineering/D 40.00 120.00 EUR 02 1 A 01

20.07.2009 0007 Operational 60.00 180.00 EUR 02 1 A 01

20.07.2009 0008 Closing Invoi EUR 02 3 A 02

--==

20.05.2009 , customer has pay the downpay 10%,

in 19.06.2009/ the first billing (F2) 40% will send to customer

in 20.07.2009, after finished , the final billing (F2) 60% will send to customer

so my question is , if customer follow the billing document, they will pay 10% + 40% + 60% = 110%,

I think it's not correct,

does anybody have experience about this function ?

Thanks.

Accepted Solutions (1)

Accepted Solutions (1)

former_member217082
Active Contributor
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Hi

the sale order item have the billing plan as below .

20.05.2009 0009 Down payment 10.00 30.00 EUR 4 A 03 FAZ

19.06.2009 0004 Engineering/D 40.00 120.00 EUR 02 1 A 01

20.07.2009 0007 Operational 60.00 180.00 EUR 02 1 A 01

20.07.2009 0008 Closing Invoi EUR 02 3 A 02

As per the given data by you above , customer will be paying only 110% but i suppose there is some mistake in the configuration of down payment . so just check the Down payment configuration

Example :

If the net value is Rs 5 lakhs then

20.05.2009 0009 Down payment 2lacs INR 02 1 03 FAZ

19.06.2009 0004 Down payment 2lacs INR 02 1 03 FAZ

20.07.2009 0007 Down payment 1lac INR 02 1 03 FAZ

20.07.2009 0008 Closing Invoi INR 02 3 A 02

Regards

Srinath

Former Member
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I test this in the IDES system, have not do any system config.

as I understand, in the sales order, only have 1 FAZ billing document, and finance department will this downpayment request to do the F-29, F-39,

I very confused this 110% price,

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi David,

Downpayment is for advance.Usually we are collecting this advance from non credit worthy customers.

This ad vance may vary from 1% to 100%.In your case you are taking an advance(Downpayment) of 10%.

Remaining will be paid after the work is completed.

the remaining should be 90%.But in your case it is maintained as 100%.So the total come as 110%.It is wrong.

Pls change this % in Sales order lineitem under the billing plan tab.

For Downpayment we will generate a downpayment request by keeping the block in other plans.

Customer pays for it through F-28.Here you have to select the indicator "F" and remove the tick mark for I/Os.

After receiving this amount,we will remove the billing block and generate the final invoice.Here two line items will come.

Hope you understand it.

Regards,

Krishna.