Downpayment processing

[Former Member]

Hi Gurus,

Can you pls explain me the downpayment processing in detail i find so many times in google couldnot able to find the wholesole process

can you pls explain me in detail with the full configuration and process knowledge

Regrads

Saurabh Gupta

[former_member182378]

Business scenario:

Construction company has to erect a Office building for a customer.

This scenario uses milestone billing.

For the sales order there is a billing plan (i.e. series of billing documents, at various stages of building construction)

The customer has to pay an amount UPFRONT, this is called downpayment. Thereafter the other billing documents.

In SAP:

Configuration:

1. Milestone billing plan having downpayment (Billing rule = 4 or 5, billing type = FAZ) 

2. Milestone billing assigned to item category (TAO)

3. condition type AZWR

Process in SAP:

Sales order    >Downpayment billing document FAZ > Payment by customer, (part of Finance)

                    > billing document F2 > Payment by customer

                    > billing document F2 > Payment by customer

                    > final payment F2 > Payment by customer

[Former Member]

any one can help on this