How will vendor debit balance turn into a customer receivable?

[Former Member]

How will vendor debit balance turn into a customer receivable?

THX

G

[former_member188826 · Accepted solution]

If you happen to pay any advance using special GL and at the year end remains an advance awaiting receipt of goods or service. This deserves to be classified as receivable.

[Former Member · Accepted solution]

Thanks for the reply.

Can we discuss at the configuration level and how SAP has options in doing this scenario?

[former_member188826 · Accepted solution]

Broadly, you can use the standard special G/L indicator (A)for down payment given in the configuration.

You create a separate Recon account for vendor or customer as the case may be. This is for Down payment. In configuration, you link the new recon account to the Special GL.

While transacting, you call for the down payment special G/L indicator and make a posting. This posting will not be directly visible in FBL5N or FBL1N, unless you check the special G/L check box.

OBYR is used to defining the Recon account for vendor down payment.

OBXR is used to defining the Recon account for customer down payment.