Advance Payment in SAP

[Former Member]

Dear All,

Is there anyway other than creating Down payment Request for receiving and posting Advance Payment. or Is there any way to create Invoice for Full value even if we receive advance payment through Down Payment Request.

I require this because the situation requires that...

Customer gives Purchase Order along with 30% or 40% advance and he makes the remaining payment before Delivery through Proforma Invoice. At the time of delivery Machine is dispatched with Invoice for full Value. ( Currently they are using some legacy software)

Can anyone suggest a better way for this

Thanks in Advance

Sriram

[Former Member]

Hi,

For this one you can go for Downpayment with 100% value.

Initially when you create the sales order,goto item details-->Billing plan tab.Maintain the downpayment value as 30% or 40% as per your requirement.

After this change that % to 100 for downpayment in billing plan.

Create the Downpayment request and then pay that amount by using the T.Code "F-28".

Create the delivery and then create the final invoice.

Before this ensure that item category has the billing type assigned to it in "VOV7" T.Code.

Regards,

Krishna.

[Former Member]

Hi Sriram

This can be achieved by using Milestone billing plan. Make downpayment billing rule as '4' (percentage), and for final invoice also make billing rule as '4' and make it 100% for final invoice.

try and revert

[Former Member]

Dear

U can try to do it by Payment terms in customer master and sales order.

Thanks

Chandra