Installment plan and Participation group  Assignment to contraact

Hello Experts
I have 2 questions:
1 My client has developed a certain residential stand for sale . They have set up an installment plan to individuals who needs to buy the stands ,upon completion of the installments the relationship of my client and this individual ( customer ) ends. What contract type should i assign this installment plan?
2.What suitable contract type should i assign a participation group for serrvice costs.I tried assigninig this to a commercial lease out with service costs conditions but the tricky part is that some of the rental objects assigned to the participation group are not assigned to this commercial lease out.
Regards
David

Hi David,
As far as I know there is no concept of installment plan in REFX. But you can map the same my creating each installment as different condition types. And condition purpose of it as "One time rent". You can use commercial lease out contract "CO01" type for this purpose. If there is no object attached to it then the service contract can also be used. The valid To date of the contract will be the date of billing of the last condition type. Whereas Valid From date will be the billing date of the first condition type.
Regards,
Deepak

Similar Messages

  • Transferring Open Items, Instalment Plans and Dunning Level

    Hi all,
    We are implementing SAP IS-U for a water suplly company and we have a process in which an Installation is transferred from a Business Partner to another. For this we are using the Move-in / Move-Out functionality (trx EC60).
    So far, so good. The problem is that we also should transfer also the Open Items, Instalment Plans and Dunning level to the new Business Partner and new Contract Account.
    The questions is: can we transfer these automatically?
    We thought in different scenarios in case this is not possible, so I would appreciate if you can give us an opinion:
    1 - Use FP40 transaction and transfer FICA elements manually
    2  - Create a FOP process to perform step by step the process from CIC0. The only problem I have found is that there is not any object that allows me to transfer the open items. Does it exist? If not, this option is not valid
    3 - Use the "Change CUstomer" Functionality. Did you have any experience using this funcionalidty? The main issue I have with this is that the system generates a dummy invoice, the Move in Date is in the future, and the Account must be closed.
    Please any information will be very helpful. Thank you very much in advance!
    Best Regards,
    Lucas

    Hi Lucas,
    You can transfer the open items and the dunning level manually to the new BP and CA through transaction code FP40.
    You need to maintain the following configuration settings in the posting area 1055-
    Curr-Currency of the Cocd
    Clearing Reason-Clearing reason used for transfer
    Document Type-Document Type used for Transfer
    Only all items- blank
    Credit-X
    Transfer DL-X
    Moreover, you cannot transfer Instalment Plans through FP40, as instalment plan items are statistical in nature.
    Hope it clarifies.....
    Thanks,
    Amlan

  • Difference bet terms of Payment for Installment Plan and Installment Plan

    Dear All,
                       what is the functionality difference between  terms of Payment for Installment Plan and Installment Plan? please pour your thoughts.
    thanks in advance

    Hi Vinay,
    Terms of payment :-this is nothing but when vendor will pay the amount to party.
    Installment payment :-This is nothing but when vendor will pay no .of terms
    Funtionally we can use for both T.codes OBB8,OBB9
    May be you can understand what i told
    Regards
    Surya

  • Installment plan - Plans are scheduled and not paid , extend to other cust.

    Hi Masters,
    Please clarify and suggest on Installment plan.
    We have query in Auto industry , where the customer buys the vehicle on installment basis ,and the installment plan is for 2 years . The customer pays regularly for 1 year and after an year , the customer is not paying the installment.
    There are two sceanarios .
    1.Installments not paid , how to close the instalment plan and how the payment procedure is closed
    2.if some other cusotmer want to buy the same used vehicle how can the instalment plan can be extended the other customer.
    Thanks in Advance,
    Awaiting for your inputs.
    Rakesh

    You are addressing issues that are not for this forum.  This is a user to user support forum.  Your comments are not being directed to anyone at RIM.
    Even if this was a direct to RIM forum what your carrier charges for a data plan and what data plans are available is beyond RIMs control.  Your issue is with your carrier in particular and Indian carriers in general.
    Наглый пес! Вы должны быть благодарны мы даем Вам возможность проживать в нашем мире!
    BB 9550 Verizon OS 5.0.0.1015 My Storm My Blackberry My Lifeline
    If there is a Theme on my Blackberry, Hedone it!
    If someone successfully helped you with an issue, say thank you by clicking "kudos" in their post and clicking the star.
    Antiquis temporibus, nati tibi similes in rupibus ventosissimis exponebantur ad necem
    If your issue has been solved, please mark the post that solved it for you!

  • Promise to pay v/s Installment plan

    Dear Experts,
    Can you tell me whats the main difference between a Promise to pay and an Installment plan.
    Specifically I am working with FI-CA (contract accounts). Enh.pac.II.
    Rgs,

    RBK,
    Check the following links:
    http://help.sap.com/erp2005_ehp_02/helpdata/en/46/5ee6cc9e8127c4e10000000a1553f7/frameset.htm
    http://help.sap.com/erp2005_ehp_02/helpdata/en/f3/07723521faee41e10000009b38f889/frameset.htm
    It seems that one of the differences is that you can assign a dunning procedure to the Installment plan, but not to the Promise to pay.
    Both the Installment plan and the Promise to pay can update the creditworthiness of the business partner.
    The promise to pay can have several payment dates as the Installment plan.
    You can evaluate level of fulfillment of the Promises to pay.
    Rgs.

  • P2P State versus Installment Plan State

    Hello Collections Experts,
    Can someone explain the difference between the 'state of a Promise to Pay versus the state of an Installment Plan please? We cretaed a P2P as an installment plan. When we did this the state under tab 'Promise to Pay' column 'State of Promise To Pay' was recorded as 'Open'. If we click on Installment Plan the column 'State of Installment' was recorded as 'Open'. In table FDM_P2P_ATTR the state was recorded as 0 (Open) and in table UDM_P2P_ATTR the state was recorded as 0 (Open).
    Later when the P2P was overdue, the state under tab 'Promise to Pay' column 'State of Promise To Pay' is showing as 'Installment is Overdue'. While under the Installment Plan itself the column 'State of Installment' is showing as 'Not Paid On Schedule'. In table FDM_P2P_ATTR  and table UDM_P2P_ATTR the state is recorded as 6 (Partially Kept Not On Schedule).
    See attached.
    We don't know why tab 'Promise to Pay' column 'State of Promise To Pay' is showing as 'Installment is Overdue' while the Installment Plan column 'State of Installment' is showing as 'Not Paid On Schedule'.
    Are there different states for a P2P versus Installment plan and can anyone advise what DB tables these 2 seemingly different states are recorded/stored in?
    Thanks and regards
    Michael

    Hi Michael
    There are different states for the P2P and for the installment plan associated with it.  The program FDM_P2P_JUDGE evaluates both the P2P and and each installment and assigns the appropriate state to each one, for example you may have one installment that is paid in full & on time and another that has not been paid and the due date has passed, these would required different states, the P2P itself will have a different state.
    If you go to table UDM_P2P_ATTR and do a dropdown on the field "FIN_P2P_STATE" you can see the list of states and their descriptions, these are the states that are applied by program FDM_P2P_JUDGE during evaluation, those with the word "schedule" will appy to the installment and the others will apply to the P2P, take a look at the attached for more information, regards
    Evaluating Promises to Pay - SAP Collections Management (FIN-FSCM-COL) - SAP Library

  • How to migrate installment plan with open items

    Hi all,
    I am trying to figure out how to migrate an installment plan, when my legacy system does not tie my open items directly to my installment plans.  And the amounts in my open items table may not add up to the exact amount of the installment plan. 
    So for a simple example, I have $10 left on an installment plan that was created 6 months ago. 
    Since the creation of the plan obviously more charges and payments have been posted to this account, clearing previously open items and creating new ones.
    Presently, I have only 2 open items remaining, one for $6 and one for $7.
    So I have "enough" open items ($13 worth) to post the $10 installment plan, but not an exact match.
    The way I read the migration documentation on this, I thought I could use a OPUPZ field (Subitem for a Partial Clearing in Document) to signify that I want to partially clear that $7 charge.  Apparently I misinterpreted that.
    So my question is, is there a way to migrate this installment plan with this set of open items?
    Or is my only option to alter the payment plan to the open items, and say that there is $13 remaining on the plan?
    Thanks.

    C N,
    The principal Idea is to migrate either
    - the original amounts, the installment plan and last the latest payments (you migrate payment history)
    - or to migrate the still open amount as one or more open items and subsequently an installment based on that amount.
    Kind regards,
    Fritz

  • Installment plan v/s payment schema

    Hello,
    Instalment paln and payment schema(Budget Billling) both does the same functions.If i am right what are the differences.
    which gives the higher flexibility?where, how , when we use????

    The biggest difference in payment schemes such as budget billing and installment plans is not in the term, but in the purpose of use.
    Budget billing is created upfront for a certain period, using an estimation of the consumption to come over that period. It's used to spread upcoming bills in time (for example, based on your previous year, you'll have to pay 600u20AC in six months time, therefor we'll make you a budget billing already charging you 100u20AC each month until you receive you invoice).
    Budget billing is (always) deducted from your next invoice, after which a new bbp starts.
    Installment plans are used to pay off debt, after they are already invoices. Installment plans are made from open items, which are combined and redistributed over a couple of months. So, it's for bills you should already have paid, but for which you didn't have the money at the time. For example: you have two unpaid invoices, one for 100u20AC and one for 250u20AC. You cannot paid them this month and ask you utility company for a plan. They create an installment plan for 350u20AC, spreading this amount over 7 months, so you'll have to pay 50u20AC each month.
    Usually, there's no need to which between BBP and installment plans. They can be use indepentently and can co-exist for one customer. You can use invoiced BBP items in an installment plan (because once invoices they are just open items). You can also cancel an installment plan and retrieve the original open items.
    Hope this helps!

  • ISU-Installment Plan item in Invoice

    Hi,
    We are rolling out installment plan and were able to create the standard installment plan.
    The present Invoice has 3 heads i.e. 1)Current month amount, 2) Outstanding and Net Amount Due (Total of 1& 2)
    The business requirement is to add the installment plan items into this, i.e. 1) Current month amount, 2) Outstanding, 3) Installment plan item and Net Amount Due (Total of 1,2& 3)
    The dates of installment plan (say 3rd Aug) and Invoice due date (Say 30th Aug) will always be varied.
    Is there any way to add the installment plan item into the Net Amount Due
    Additional info:
    -Invoicing is always monthly
    -There is no Charges/interest/taxes involved
    -Its ok if the customer pays on 30th for Installment item due on 3rd (again since Charges/interest/taxes are not involved)
    -The customer can pay only the Invoice Net amount due (no option to edit this amount when he pays) which is driving this requirement.
    Thanks in Advance,
    John

    Hello,
    Installment plans are treated as short plans where in which the overdue outstanding amount is divided into 'N of items thus reducing the burden of the customer. Say if you have £100 Inv. You have agreed to collect the amount in 2 installments. You create Inst plan for £50 each using FPR1.
    Now if the customer is on Direct Debit, the above amount would be collected  when you run the Payment run using FPY1, Generate DME file and send to bank.
    Hope this is clear
    Rgds
    Rajendra
    Points!

  • Installing Leopard and new internal hard drive at same time, best plan?

    Ok so basically the title explains what I need to do. I am currently travelling in Europe, and returning home to New York on Tuesday night. I have a new hitachi 250gb HD and will have Leopard waiting for me at home when I arrive, and will get right to doing this installation. I am writing on the discussion boards here because I am hoping the users here can give me their opinions on what is the best plan of action to do this whole install?
    So what I was thinking was, I should remove the hard drive that's already inside, put it into an external enclosure. Then, put my new blank 250gb hard drive into the macbook pro, close up the computer, then put the Leopard OSX install disk, and do a completely fresh install of Leopard. Then, after installing (or during installing?) I should run the migration assistant program to get all my files and settings etc. transferred over to the new internal hard drive with Leopard on it, from the old hard drive that will be plugged in from an enclosure as an external drive.
    Will this plan have any problems that I am not aware of? Is there a better process for doing this task? Any advice will be greatly appreciated! I am anxious to get my new hard drive into the computer because my 160gb is filling up, and dying so badly to use the new Leopard!!

    You could also put the new disk in the external enclosure, partition it using disk utility. Then make a clone of your current hard disk to the new external one using the restore feature in disk utility. Boot from the external disk and Install Leopard as an upgrade keeping all your files and setting. check everything is all running how I should and swap drives over. That's another option for you.

  • HT201328 I have paid Bell to unlock my old iphone4 and they have said it is now unlocked. Can I skip the back up and restore process and just buy another carriers sim card from my daugther Kodoo plan, install it and active the iphone4 on itunes account in

    I have paid Bell to unlock my old iphone4 and they have said it is now unlocked. Can I skip the back up and restore process and just buy another carriers sim card from my daugther Kodoo plan, install it and active the iphone4 on itunes account in her name?
    thanks
    Dave

    The process is as follows:
    Backup the phone, Erase it, connect to iTunes for the unlock process, then your iProfile can be restored.
    You can go ahead and get the SIM, bout you have to Erase the phone and connect to iTunes before it will be unlocked.

  • Procedure to Assign Inspection Plan and to Execute it

    Dear All,
    pls explain me the step by step procedure to ceate an inspection plan and assigning it to an manufactured item and also explain me how to clear the goods from QM after the production confirmation.
    Regards,
    Srini

    Hi muthu
    First include quality view in material master. There assign inspection type 04. Inspection during GR. Then activate this.
    Then in QA 32 assign inspection characterstics with UD code and set release to this.
    Once you do GR for production in MB 31 goods will be automatically posted to inspection stock.
    Then double click on that in MD 04 screen and do UD with good quantity and scrap qty with correct storage location.
    after savings this goods will be automatically posted to unrestricted stock.
    Hope this will clear
    Regards
    J . Saravan

  • User assignment to purchasing organisation and purchasing groups

    Dear Experts,
    My issue is related to user assignment to purchasing organisation and purchasing groups.
    According to the project requirement, we are using central purchasing organisation and we should create the purchasing organisations and purchasing groups locally. it is not reflected from the back end systems through RFC.
    Also we have one more team working with indirect materials and they also use SRM. They have already created the organisation model. Two projects are inter-related and belongs to same department in the company, but main different is one uses direct and the other in-direct materials.
    Now we should create our purchasing organisation and purchasing groups and assign the users to it.
    If we create it separately means not uder the main root and assign the users, we are able to create shopping cart till the contract. But when i create the new purchasing organisation and purchasing groups under the main root which is created for other project which deals with in-direct materails, i am not able to create shopping cart with the user. I am getting the error
    ' Process scheme could not be found
    Please let me know how to deal with this scenario. here i need to add the purchasing organisation and purchasing groups under main root because of the reason that in the other project, purchasing organisation and purchasing groups defined needs to be accessed by our users as well. I mean the users should be able to access all the purchasing organisation and purchasing groups created under root node which gets the purchasing organisation and purchasing groups from the back end systems and the purchasing organisation and purchasing groups we created manually since we cant get it from back end system since it is central purchasing organisation.
    Please asvise
    Best regards,
    Srinath
    Edited by: srinath_Vijaya on May 27, 2010 4:21 PM

    Hello Masa,
    Thanks very much for your time and solution.
    Actually the problem was something else and was fixed.
    The reason for getting error 'Process schema was not yet defined' is because of missing definition of process schedma for the workflow since the process based workflow setting has been activated.
    So this has been resolved by copying the sap standard customizing BC set for SRM workflow using transaction SAPR20 and then process schema for workflow got configured or copied automatically from SAP BC set and the error was removed.
    Also the reason for error with user was that no purchaser assignment was done to the purchasing organisation and now it has been done and the users can access the SRM and create shopping cart and the contract.
    Regards,
    Srinath

  • Installing Essbase and planning

    Hi,
    I am planning to install Essbase and Planning v9.3.1 in my personal system. I have my system running on Windows 7.
    What are the components that I have to install and is there any order that I should follow to install.
    Thanks..

    You would need:
    Shared Services,
    Essbase,
    Planning,
    Essbase Admin Services (EAS) (business rules)
    Provider Services
    at a minimum,
    Also, use BI Core and Web services for Financial Reporting/Workspace/WebAnalysis
    Nick

  • Group Assignment and Analytics Visibility

    Hello,
    We are thinking of using the Group Assignment feature in On Demand. However, I have not found documentation on how this affects Analytics reporting visibility. I see the options for Manager, Team, and Full Visibility for Analytics. However, I would like to find out if users belong to a particular Group, would they also have visibility to those associated Accounts, Opptys, etc associated with that group in Analytics by using Team Visibility?
    Thanks!

    Imagine if we two are sales rep belonging to the same team then I would see records for which i am owner and also records for which my team members are owner.So we can see each others data provided we are on the same team and team visibility is applied under our user profile.

Maybe you are looking for

  • Program settings advice for CS3 Prod Premium on Vista 64-bit

    I need advice to optimize my PC for CS3 Production Premium after a clean re-install of Vista 64-bit. I am on a new HP Pavilion d5000t desktop with Quad core 2.66 and 8GB RAM. I got the PC in August, and began having problems from the start. I don't k

  • System fan not working properly

    i have a hp 15 notebook 15-r004ne  laptop and when i turn it on, it states the fan is not working correctly, then shuts down after 15 seconds or continues to windows if you press enter. I dont know what to do now please i need help . Answers will be

  • Only 2 of my PXI modules are found by Visa Interactive Control

    I can see 14 PXI devices in NI-MAX but only two are found by VISA Interactive Control. Solved! Go to Solution.

  • Oss login process details

    Hi Friends, I am certified consultant, I have received the Oss id and login detail, i have to access the process but idont know hoe to do it pls suggest me the path.

  • How do you add an image into an expansion pack display?

    I have the expansion pack and am having a difficult time figuring out how to and an imageinto some of the expansion pack displays, in particular the one tat looks like a TV that rotates from background to center and then back. I would like to add an