Down-Payment Configuration

Down-payment is the payment which is made or receive before exchange of

physical goods or services.

We have receive down-payment from customer & and give down-payment to

Vendor.

Below whole process is define in manner. Down-payment Config: OBYR/OBXR

Vendor
1. Request for Down-Payment : F-47

2. Post Vendor Down-Payment : F-48

After getting down-payment we make invoice of vendor by FB60

3. Clear Vendor down payment : F-54

4. Difference Amount payment : F-53

Customer

4. Post Customer Down-Payment : F-29

After getting customer down-payment we make sales invoice of customer FB70

5. Clear Customer Down-Payment : F-39

6. Difference Amount Receive : F-28

First we have to do down-payment configuration by OBYR

First we have to create G/L account In ASSET Group: Advance to vendor AC

Here we define Special G/L: Advance payment Account (Asset Group) and
Recon. Ac: Sundry creditors account (Liability Group)
1. POST DOWN-PAYMENT : F-48

Here we enter Vendor code/ Outgoing Bank ac/ amount/ doc date/ doc
number.

And save.
DP payment for the vendor is created you can see in FBL1N.
Now we create vendor invoice for like 60,000. Shown as
below. FB60
2. CLEAR VENDOR DOWN-PAYMENT : F-54

Here we clear down payment which we made before.

Then press ENTER and select that line of down-payment and save it.
3. Difference Amount payment : F-53

Now we have to pay left amount to vendor which in over case it is 10,000
because we make 50,000 advance payment to vendor and get 60,000 rupees
invoice so we have to pay left 10,000 to vendor.
As shown below.
4. POST CUSTOMER DOWN-PAYMENT : F-29
Here we receive down payment from customer which the help of F-29

First in OBXR we also want to assign Special G/L: Advance From customer
(Liability Group) and Recon ac: Sundry Debtor (Asset group)

Below we get a Down-payment from customer

Now we create Sales Invoice for customer FB70
5. Clear Customer Down-Payment : F-39
Here we have to clear down-payment

6. Difference Amount Receive : F-28

Save