down payment

[Former Member]

Hi friends,

Could somebody throw light on how down payment processing can be configured with following requirement.

30% of payment before entering the order. Receive the payment.

70% of payment before shipping. Send an invoice for the 70% amount.

Block the shipment if the payment is not made.

Thanks

[former_member183879]

Hi Shiv,

This shoudl be possible.

Downpayments process is as follows.

During sales order creation, a part of the amount is paid as downpayment.

Simulataneously a downpayment is created in FI through Special GL transactions way. This amount willl be posted as future revenue or so referencing the sales order.

This kind of payment happens many times and gets posted in teh special GL transactions referencing this sales order.

You have to know the database tables for this payment.

In Shipping, you have to find out the right user exit during PGI/Shipment and enable the code there, that the paymetn should be 70% in this GL ledger of the sales order value.

Then it shoudl be possible.

Hope this helps you