Professional Documents
Culture Documents
Type/Description: - G/L Account For Down Payment Requests (Vendors) : With Some Critical Settings Being
Type/Description: - G/L Account For Down Payment Requests (Vendors) : With Some Critical Settings Being
Type/Description
Balance sheet account, Account Group: GL Receivables & Fin Assets
Control Data
Tax category “-B Input Tax Managed Gross”
Recon account for account type K Vendors
Open item management: Not checked
Line item display: Checked
Create/Bank/Interest
Field status group G001 General (with text, assignment)
- G/L account for Input Tax Clearing with some critical settings being:
Type/Description
Balance sheet account
Account Group: Liabilities & Equity
Control Data
Tax category *
Recon account for account type “None”
Open item management: Not checked
Line item display: Checked
Create/Bank/Interest
Field status group G011 Clearing accounts (with settlement per.)
For account type K and Special G/L indicator F & A, against the relevant controlling area, set Recon
account = “Vendor reconciliation account”, Special G/L Account = “Down payment requests (vendors)”
- Configuration transaction <OBXB> settings
Set G/L account created for Input Tax Clearing on Down payments against Transaction Key VVA
Scenario brief
Process Steps
1. Purchase Order created with Voluntary Downpayments set at Line item level
2. Report transaction ME2DP for creation of PO – Downpayments
3. F-47 Downpayment Request Created
Now you will Notice that the Line item is updated with a Green Traffic light and PO History is updated
6. Check transaction FBL1N Vendor Line Items
In selection screen select Special G/L Transactions, Enter relevant Posting date and other selection
parameters as necessary
While creating the IR with reference to the Purchase Order, the system would give a popup “Downpayments exist
against the Purchase Order”. Payment program settles down-payments automatically with payments to be made
If you want to allocate a down-payment to a specific invoice, you must make a transfer posting for down-payment
manually.
You can clear Down payment in MIRO itself (screenshot below). In case you do that, the next step <F-54> for
Clearing Down payments will not be required to be performed.
Once Downpayment details have been entered, you will not that the Downpayment Clearing tab at the top right
corner of the screen turns green
Click on Simulate to simulate the postings and Post the Invoice Doc
Financial Postings as proposed above are:
On executing the postings the Financial document will get generated and PO history will also
be updated with the same (can be checked in ME23N)
10. Clear Vendor Downpayments < F-54> - If Not already done in step above