on 06-12-2009 1:43 PM
Hi......
Can any plz provide som einputs of
Downpayment process in project.
Regards
Down payment to Vendor:
Do the following settings in the IMG.
IMG --> Project System --> Costs --> Planned costs --> Automatic costing in Networks/ Activities --> Maintain Settings for Invoicing plan
According to your requirement, you define, (1) Invoicing plan type (2) Date descriptions (3) Assignment to network profile .
Once you have these setting in place according to your requirement, you can have control over your payment.
Down payment amount will purely depend on the terms & conditions of the PO you give to vendor.
In CJ20N, you can maintaining invoice plan, select activity Edit --> Activity --> invoice Plan
Down payment from Customer:
This again depends on the terms & conditions of the Sales order you have got from the customer.
It's normal settings in IMG. If you using milestone billing, attach a milestone to the appropriate object (WBSE/Activity). Once you get the Order, confirm milestone (this removes billing block in billing plan). SD will raise invoice, this will reflect in your reports as revenue.
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Hi,
Downpayment is only to collect advance payment from the Customer.it is not hitting Sales as Ameresh answard.Actual Invoice will hit the sales.You can manually raise a downpayment request by f-37 and you can post downpayments by F-29.If you want to raise a downpayment request you can use std billing type FAZ for this and select the downpayment usuage while creating the milestone in project .
Muzamil
I agree with muzamil, If you have implemented, Project cash Managment than the project down paymnet can be seen there. As down paymnet is FI/CO settings primarily,
If the project Cash Management is active than only PS has to work on it.. Otherewise the settings will be handled by FI/CO.
Down payments are used for short or medium-term financing. Generally the vendor or manufacturer does not have to pay interest on the down payment. In some lines of business, it is common to make a down payment if a manufacturer is not able to finance the production of goods alone because of a long production period, for example. Down payments are generally made before production begins or after partial completion.
Down payments must not be balanced with other receivables or payables and must be displayed separately on the balance sheet.
On the balance sheet, down payments made are displayed on the assets side and down payments received on the liabilities side.
Once you have received the goods or services for which you made a down payment, you need to clear this payment for the final settlement either manually or using the payment program. The down payment must no longer be displayed as such.
For the details, please refer this link .
http://help.sap.com/saphelp_47x200/helpdata/en/01/a9c7a9455711d182b40000e829fbfe/frameset.htm
Regards
Nitin P.
If the Milestone Billing used then, U have to set the Milestone Usage as downpayment. On milestone confirmation Billing block is removed. When u run VF01, Down payment request generated.
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Hi Chandu,
Please go through the below links for Down Payments.
Down Payments for vendors (Outgoing) : -
http://help.sap.com/saphelp_47x200/helpdata/en/c9/9c853478616434e10000009b38f83b/frameset.htm
Down Payments from Customer (Incoming) : -
http://help.sap.com/saphelp_47x200/helpdata/en/c9/9c853478616434e10000009b38f83b/frameset.htm
Regards,
Hari.
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