Payment Of Advance to Customer

[former_member760787]

Hi,

Can any body tell me how to pay advance to customer.

Its a requirement from my client.

Your help will be highly appreciable.

Regards

Rizwan

[thomas_vanaken2]

Hello,

Do you mean advance payment to vendor or receiving advance payment from customer ?

Standard way of handling this processes (i.e. payment of a portion of the amount before delivering or receiving the goods  is called down payment in SAP.

You can find detailed explanations here:

Down Payments - FI Accounts Receivable and Accounts Payable - SAP Library

Good luck

Th.

[former_member760787]

Hi Van,

I mean the payment of advance to customer.I know the above scenario.

I want to know that how to pay advance to your customer.without any noted item if possible.

Suppose my client made a contract with a customer for three years now customer wants a security deposit as an advance say Rs 100000 in fear of breaching the contact.,In that case how will you give advence to your customer in SAP.

Regards

Rizwan

[former_member198650]

Hi Rizwan,

You can use the t.code F-29 for customer payment. Here you have to select new item for input customer details along with bank details & other header information.

Regards,

Mukthar

[ankit_agarwal8]

try to use F-29 down payment to customer.

Regards,

Ankit K. Agarwal