Asset advance Payment

Hello All,
I want to confirm that my client has made the down paymewnt with respect to Asset PO at the time of down payment whether the payment amount will be loaded to asset or not.
As i know the payment amount should got to venders spl. gl a/c and it should not be load to asset .
This has happened here and because of it the system has calculated the depreciation twice one at the time of adv payment and other at the time of vender invoice.
please tell me what could be the reason behind that.
suggest

Hi
As per my understanding about your issue.
While posting advance payment with asset system will post to asset also with reference PO. Because of you may mention PO as well as Asset number. So that's system will post the entry to respective items and also you may select Transaction type 180 at asset line level. You can also check in the T.code AW01N asset balance as well as PO level.
And also please check advance payment date as well as depreciation run date.Because of you run Depreciation first after that you may post advance payment with the same date and with same periods after run the depreciation.
So that's why system will shows two time in the asset history.
I hope it will helps you.
Thanks and Regards
vamsi

Similar Messages

Asset-Advance payments to Assets on PO

Hi Gurus,
Our clients want to make advance payment request in F-47 on a PO.
For normal transcations it is possible.
But for Assets it is possible when i allow the down payment request for assets in spro and assets settings
But here it specifically says it is for AUC only.
But now it is allowing me to post down payment request for any asset class.
But when i take the assets into books it is throwing a dump can u pls let me know why?
My client wants to capture data on asset po as to how much advance is paid
how do i capture this
Full points will be awarded
warm regards
Manjunath

Hi Manju ,
as per my knowledge down payment is possible only for AUC( assets under construction) asset classes.
Later you can adjust the amount.
But normal fixed assets classes down payment not possible(as per my knowledge ).
Took some one suggestion if you have better solution.
chandra

Adjustment of advance payment after adjusting AUC with Main Asset

HI,
My client is running KO88 without adjusting advance payment for Asset Purchase (AUC). Now this has led to accumulated advance payment with a huge amount. The purchase has taken place for more than 3 years.
Kindly suggest, what is the correct step for adjusting down payment when we do purchase of assets through MM route.
example: Please correct me if I am wrong.
Step 1: Asset PO- ME21N with Internal Order and Acct Assignment category as A
Step 2: Advance Payment- F-47, F-48
Step 2: GRN- MIGO
Step 3: MIRO
Step 4: F-54
Step 5: KO88
Finally, how do we correct these old advance payments which are not adjusted yet and the KO88 is run. Ajay Maheshwari SAP Trainer

So, what u r suggesting is, no need to reverse the Old AUC settlement in KO88. We can clear the old advances in F-54 and then execute KO88 which means- Re-execute KO88 after advance clearance.
The issue here is, all the old advances have accumulated since, 2011. Now, how to work?
Please advice Ajay Maheshwari SAP Trainer, Mukthar Ali Ahamed N.

Advance payment reg

Hi SAP Gurus,
Tcode F-47 is not allowing advance payment for Asset PO.Then I made suppressed field as optional .
Then also I am not able to get Asset number filed in the F-47.Can you pl.throw some light on this issue.
Thanks in advance

Hai Hanuma Reddy,
Check it once Recon A/c for Vendor and Spl G/L Recon A/C Field Status Groups
Regards
Madhu I

Advance payment aging

Hi All,
have you ever heard about advance payment aging ? I'm very confusing about it.
In this case, the scenario is as follows:
1. the advance payment is created after PO have made by purchasing user but no GRPO yet. The journal is
Dr advpay
Cr. bank
both are in the asset
2. PO confirm 30% as DP (down payment)
3. 10 days after DP1 must pay 50%
4. good arrived in the ship port and the remaining due is full paid then.
5. Creating advance payment aging
6.Set reminder for advance payment aging
How to accomplish / apply the above scenario in B1 standard ? what document or form must I use ? Pls give advice.
Steve

Steve,
There is not really anything as Advance Payment Aging. There is only the regular AR and AP aging which will show all transactions that hit the AR / AP control account.
Your scenario is more like a business rule that could be handles with a combination of approval procedures and transaction notification checks
Suda

FB60 tag with FB65, and other FI document, like advanced payment

Hi Experts,
I have the following FI document (pure FI transaction, not from MM/SD module) at my current SAP system:
1) Advanced payment, in which user here, does not want to use special purpose GL, and we only recommended them to create KZ document, with the following double entry:
Dr Vendor
Cr Bank
> This means we received advanced payment from the vendor, and ordinary reconciliation vendor GL to be booked.
The followings are the question:
If I received vendor invoice, and I create a KR document using FB60. How can I linked this KR document with my KZ document created above?
Second question:
If I have another credit memo received from vendor, document type KG, created using FB65. How can I linked this KG document with my KR document created above?
Thanks,
sbmel

Hi
use Spl G\L indicator to post advance (Spl G\l Ind "A") if you use advance payments moved to Advance to Vendors A\c (Current Assets side in Balance sheet ) after receiving invoice against clear the advance amount. then advance entry invoce entry will knock off.
if you are not used SPL G\l indicator use T. code F-44 and clear the venodr advance against invoices or Credit memos whatever it is.
best practice is use SPL G\l indicator.
satish

Accounting enteries for advance payment

Dear Experts,
I have make all the employee as vendor in business partner, I want to give advance payment to my employee and I want to hit the down payment clearing account. Can you please explain me the financial entries passed in control account and others .
Thanks and Regards,
Jai

Dear Sir
This is in reference to solution given by yo, .I have some extra details after I make Service invoice as per your suggestion:-
If I create Service invoice -Down Payment Invoice : I encounter Following Problems:
1. Advance Payment to vendor account in Asset get involved in transactions as per requirement,but it doesn't show transactions in Vendor Ledger.
2.I m not able to see how much Advance is pending for a particular Vendor.
Prerequisite are:-
1. I have Created single account for all vendors in chrt of accounts(In Liability)
2. Single account for advance to vendor too(In Asset)
Thanks & Regards
Saurabh Lamba

Error While Posting the Asset Down Payment

Dear Members,
When I am doing Asset down payment through F-48, I am getting the following error.
Before that I would like to inform you that I created 2 GL Accounts. i.e. Down Payments on Assets ( Recon A/c Assets ) and Second GL A/c is Asset Clearing A/c ( With out Recon A/c ).
Further I assigned in T. Code - AO90, I assigned the Down Payments on Assets GL A/c and In Clearing column I assigned the Asset Clearing A/c.
Even though it is giving the following error.
Item category 07000 not allowed in accounting transaction 1000/0001
Message no. GLT2001
Diagnosis
The online document splitting is active in your system. Here, each document is assigned to a accounting transaction variant and each document row to an item category.
You determine for each business transaction variant which item categories can or must be posted here.
The following error occurred for the document you entered:
Item category 07000 in accounting transaction 1000, variant 0001 is not allowed.
System Response
The document cannot be posted.
Procedure
Check the document entered, the derivation of the business transaction variant, the derivation of the item category, and the assignment of the item categories to the business transaction variant.
do the needful at the earliest.
Thanking You
Regards
K. S. Kumar

Hi Sai Kumar,
Go to Document splitting node..
And check against the doc type that you are using in F-48, what business transaction variant is assigned in Classify document types for Document Splitting.
next go to the following node....
Doc Splitting->Extended Doc Splitting-> Define Business Transaction variants
and select your business transaction variant as defined above and copy that and give it a name Z001,
now select Z001 and double click on Assigned Item categories.., then select new entries and add 07000 Asset there and save.. it will give a warning message but just go on saving.
next go to the node Classify document types for Document Splitting again and enter this Business transaction variant againt the document type that u r using in F-48. AND it will work.
Regards,
SAPFICO

Advance payment report required

Dear guru
generally in our plant for advance payment we have to intimate the account department for release the payment against advance or PI or any other terms.
i want the report which can show me that which supplier payment is pending (for advance only)
at present i m using FBL1N. i didnt get the required report from this
Regards
Devesh

Hi Devesh,
There is no standard report to address just your specific requirement. However as others suggested you need to rely on the line item reports with specific selection criteria which you might already be doing.
Else develop custom report to suit your specific requirements.
Thanks & Regards
Subhasish

Report for advance payment relevant purchase order

Dear Sapgurus,
Logistics people raise one purchase order and release procedure also from logistic teqm onlly after we need approval from finance head we had created one more release finance procedure how they will identify these are purchase order i have to pay advance payment is their any report can u please tell me.
Regards
Umi

Amit kulkarni,
For this requirement you have to do validation of the amount field for advance payment againest PO.
i thiought this is only way to get your requirement
May be this information is useful to you
Regards
Surya

Purchase order advance payment

Hi Friends,
Below is five requirement from my client regarding down payment and down payment request.
A) While posting down payment or down payment request Purchase order should require entry.
B) System should allowed to put purchase order for the same vendor against we posting advance payment or raising payment request.
C) If 100% advance has already paid against any purchase order, system should not allow to post any further advance against that purchase order.
D) If the 100% GRN has been done against any purchase order system should not allow to post any further advance against that purchaser order.
E) While paying advance system should consider the GRN or advance payment done against the purchase order, and system should allow the pay advance or raise the advance request less the value of advance or GRN value already done.
Your valuable input is highly appreciated.
Regards,
Ashu

Hi,
whatever Mr.Ajay has told correct 1 & 2
The 1 and 2 are possible using field status groups. You can make the PO mandatory
The rest are not possible in standard system.
but system will propose while posting down payment r down payment request amount more than PO value warning message has accrued but it will never stop for posting ok
one more solution is with the help of ABAPer we can able to stop - Use Substitution,
Mr. Ajay below mentioned Option for EHP4 is also available for in this ME2DP also never stop - more than PO value down payment r down payment request
Its a matter of discipline... however, explore the new feature of PO advance payment in EHP4, Tcode ME2DP. May be you get few answers there
Mahesh

Deduction of TDS while clearing Advance payment through F-53

Hi Gurus,
I deducted TDS on Advance payment of 10000 and then deducted TDS on Invoice of 50000 with base amount as 40000.
Now, when i am clearing this invoice and advance payment through F-53 to pay the remaining balance, system is again deducting TDS on Advance payment.
Please tell me how can i solve this issue.
Thank You

hii
here the steps u need to follow is
1. while making the down payment TDS is deducted
u make down payment through f-48.
2. post invoice through FB60. here when u r going to the withholding tax tab u need to delete the payment tax codes. if u do not delete than the tax will be deducted during the payment..
3. now go to F-54 and transfer the advance payment to normal by clearing special G/L
here when u clear the down payment the TDS deducted at he time of down payment will also be reversed.
4. now finally go to F-53 and make the outstanding payment to your vendor ..
so in this steps there wont be duplication of TDS pain.. u will be paying only once that is at the time of invoice.
Hope u got ur answer
assign points..
sejal singh

Purchase order and advance payment

i raise one po in me21n after that i post advance payment document through based on the purchase order number & in f-48 their is field purchase order number and item numer i had already given what i post the purchase order number and item number after that again i went to me22n display purchase order the advance amount is not updated field in status tab can u please provide the answer

hi,
There is no way in the system to restrict the payment amount to 50%once, it is mentioned in the payment terms as 50% advance. System does not have control tocheck and avoid the full payment
Rgards
Uma

Advance payment against po

Hi, Sap experts
I make advance payment to vendor against purchase order through F-48 now i want to use the advance payment amount in a report , which table & fields use for advance payment
regards
gk

Hi,
addition to that it will be always with posting Key 29 once cleared against invocie it will move to BSAK table. any residual clearing will create another document 29 posting key(open advance) key in BSIK table and 39 posting key for the full amount of advance in BSAK.
Rgds
Murali

Advance payment against Purchase order/Work Order: F-47

Hi SAP Gurus,
Our Client's requirement is as follows u2013
Advance payment against Purchase order/Work Order:
1. Advance should be PO/WO wise & not item wise.
2. Advance should not exceed total PO/WO value.
3. Advance against PO should include taxes & conditions maintained in PO/WO
When I put the purchase order number along with the item number, it is taking into account the basic price for that specific item. This amount is excluding Tax.
Actually the advance is given against the Purchase Order. So whether it is possible to
1. Remove the mandatory filed of Item number against the PO?
2. Whether the amount of the advance should be inclusive of the Tax?
Regards,
Amit

Amit kulkarni,
For this requirement you have to do validation of the amount field for advance payment againest PO.
i thiought this is only way to get your requirement
May be this information is useful to you
Regards
Surya

Asset advance Payment

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