on 03-16-2008 9:00 AM
Hello SD Gurus,
For Product Sale we collect 10% as advance and an invoice is issued to the customer with Tax for that amount.As it is downpayment we dont recognise this as revenue and will be recognised as revenue only when the first shipment is made to the customer.How to handle this scenario in SAP.Please do help me.
Thanks
Sunil
Hi ,
The business scenario you have can be mapped as below.
1. Create a Down Payment request-(F-37) Sales Process
2. Receive the down payment through F-29 Finance Process
Here a special GL indicator is to be used.( Consult your finance team). The paypemt received aganst this shall be in the GL account separately maintained.
3. As soon as you carry out first shipment and invoce the customer, ( The invocie shall carry full account receivablre), the Ar would be posted.
4. Already received downpayment ccan be clearreed with the line items of this invoice through F-32.
Please check this scenario if it suits your requirement.
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Create a billing plan into the SD position. The rule in billing plan must be '4' or '5'. Then you have to customize some into the FI. Look up into help. It's explained step by step.
Make the billing.
Then you put down-payment into the system with F-29.
When you make the final billing you will have in paper, a total line minus a down-payment line.
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