Down Payments

[Former Member]

Hello SDNs,

Could you please explain about down payments and what are all the steps need to maintain to configure the down payments.

As per my client requirement i need to configure down payments so My client will be maintain the down payments in sales order as well as in invoice.

How the financial postings occured while maintain the down payments in the sales order and invoice.

Please explain for my above requirement

Thanks & regards,

K

[Former Member]

Hi,

Down payments will be created in the billing plan.

For this the billing plan type must be assigned to your Sales document type/item category.

The path for configuring billing plans is:

SPRO>Sales and Distribution>Billing-->Billing Plan.

Here you have many options.

There are two types in billing plan types.

1.Milestone billing

2.Periodic billing.

You have to choose the required one as per your requirement.

I suggest you to read the concept of billing plan by searching in WIKI/SDN forums.

After that apply billing plan to your document type/item category.

Regards,

Krishna.

[Former Member]

Hi KV,

Kindly follow the below mentioned step in the given link:

http://www.sap-img.com/financial/how-down-payments-are-configured.htm

Hope this will help you configure step by step.

Please close the thread if your problem is resolved.

Regards,

KrishnaO

Edited by: Krishna O on May 28, 2010 8:07 AM