Vendor Down Payment

Configuration Document

Visit: Kumarconsulting.in
 Vendor Down Payment

Contents
INTRODUCTION ........................................................................................... 2
Steps Involved ............................................................................................. 2
Create down payment Reconciliation account – FS00 ........................ 2
Link Down payment Recon. Act with Vendor Recon. Act – OBYR ..... 4
Post Vendor Down payment – F-48 ........................................................ 5
Post Vendor Invoice – FB60 .................................................................... 8
View Vendor Report – FBL1N ................................................................. 9
Make Vendor Payment – F-53 ............................................................... 10
View Vendor Report – FBL1N ............................................................... 12

© By: Kumar Consulting // Website – kumarconsulting.in

Page 1
 Vendor Down Payment

INTRODUCTION

Down payment means advance paid to Vendor. These advances may be paid to
Vendors for

 Purchase of goods from Vendor

 Taking services from Vendor

Steps Involved

2.1 Create Down payment Reconciliation account – FS00

2.2 Link Down payment Recon. Act with Vendor Recon. Act – OBYR/FBKP
2.3 Post Vendor Down payment – F-48
2.4 Post Vendor Invoice – FB60
2.6 Make Vendor Payment – F-53
2.7 View Vendor Report – FBL1N

Create down payment Reconciliation account – FS00

Create a down payment G/L as shown below.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 2
 Vendor Down Payment

Click on control tab and enter the details as shown below.

Click on create/bank/interest tab data and enter the details as shown below and save it.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 3
 Vendor Down Payment

Link Down payment Recon. Act with Vendor Recon. Act – OBYR

Use T.Code OBYR

Double click on Spl GL Indication A (Down payment on current asset)

Give your chart of account and press enter.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 4
 Vendor Down Payment
Link Vendor Master Reconciliation account with Down payment recon. Account as
shown below and save it.

Post Vendor Down payment – F-48

Fill-up the details as mentioned below.

Press enter button or click on and Fill-up the details as mentioned below

© By: Kumar Consulting // Website – kumarconsulting.in

Page 5
 Vendor Down Payment

Click on Document -> Simulate and shown below (to view accounting entry)

© By: Kumar Consulting // Website – kumarconsulting.in

Page 6
 Vendor Down Payment

Save it.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 7
 Vendor Down Payment
Post Vendor Invoice – FB60

Fill up the details as mentioned below.

Press Enter.

A Down payment information box will appear as shown below.

Press Enter again.

Click on Simulate to view account entry.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 8
 Vendor Down Payment

Save it.

View Vendor Report – FBL1N

Enter the vendor number, company code and apply a check mark on Special GL
transaction as shown below and then click on execute

© By: Kumar Consulting // Website – kumarconsulting.in

Page 9
 Vendor Down Payment

Here we are able to view two transactions, first one is for advance payment and second
one is for vendor invoice posting.

Save the entry.

Make Vendor Payment – F-53

Fill up the details as mentioned below.

Enter Bank act

no.

Enter Vendor act

no.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 10
 Vendor Down Payment

Click on

Select both line items (In order to select line item, keep your courser on
required line item and double click on that, if the amount colour become
blue means that line item is selected), means double click on both line
items.
Then click on Document -> Simulate as shown in below screen.

Below accounting entry will appear.

Save the entry.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 11
 Vendor Down Payment

View Vendor Report – FBL1N

Fill up the details as mentioned below.

Note – since payment has been made in above steps, hence there should
not be any open item for this vendor master.

© By: Kumar Consulting // Website – kumarconsulting.in

Page 12