Business Flow for Down payment

Question

Dear All,
1. when and where Down payment will appear in FI business flow
2. what are the process will happend in down payment.
3. What is the end stage of down payment.(Vendor & Customer)
Can i have Business Flow digram for Down payment to vendor and Down payment from customer (Visio or Aris)
My mail id : [email protected]
Thanks

Answer 1

Hi Down payment is handled in the following manner
Plz assign points as a way of thanking
Down payment 3000
Final Invoice 10,000
Transaction:
Invoice to Customer for Down payment: F-37.  This is a noted item and there is only one line item in the document.  If you want to handle this thru SD, then you should ask SD consultant to configure a billing plan in the sales order.
Noted item  3000
When you receive the check from the customer F-29 and you can clear the open down payment request.
Dr. Bank 3000
Cr. Customer  (special gl indicator A)  3000
When you finally bill the customer for full invoice,
Dr. Customer 10000
Cr  Revenue 10000
Clear Down payment:
F-32, clears the 3000 against 10000 and makes the open item 7000.
Final payment form customer 7000
Dr. Bank   7000
Cr. Customer   7000