Order guarantee fee

[Former Member]

Hi All,

I have below scenario

We should always take the 5% of down payment while creating Sales order that amount should not be used for any other purposes; and after that this down payment should be use for settling the required sales order

Please help me in this regards

[Former Member]

Hi,

The best way is using the Billing Plan, which gives more clarity interms process flow and helpful for sales personnels also.

Why dont you try this methodalogy.

Regards,

Shankar Madduri

[jpfriends079]

For this there can be 2 methods

One is through Billing Plan (Milestone)

And other can be by maintaining relevant terms of payment.

For this take assistance of FI consultant for payment terms for this.

Or maintain the same in tcode OBB8 for customer account type.

say,

Z001 5% Down Payment & 95% on confirmation (in payment terms section - tick Installment payment)

NOTE: Confirmation can be based on you current payment term

Z002 5% Down Payment

Z003 95% on confirmation

In tcode OBB9.

maintain installment

Z001- Z002 5% Down Payment

Z001- Z003 95% on confirmation

On releasing the billing doc to accounting, this payment term will split the customer revenue entry into 2, one with 5% and other with 95%.

So to confirm the amount should not be used for any other purposes, take payment against 5% entry in F-28.

If you have already taken payment before releasing billing to accounts, then use F-30 to clear the 5% entry against your existing payment.

I hope this can assist you.

Thanks & Regards

JP

[Former Member]

any updates