Bank facility and accounting treatment

hi,
1 down payment, BOE and guarantee. why only down payment has financial impact? because touch on bank account?
2 noted item can be cleared?
3 why statistical posting for BOE and guarantee no financial impact?
thanks
rgds

Hi,
1) Down payment has an impact on financial immediate but BOE and Guarantee is handled by bank. But when the ultimate payment happens, accounting for the same too happens.
2) Noted items are cleared. For example - When a down payment request is created, it is cleared when i make a payment against it (customization can be done to include it in F110).
3) BOE and guarantee will have a financial impact when the final payment happens. It will depend on the kind of terms agrred with the bank. The system we have for BOE at our clients place is - We have a payment method for the purpose and run F110. The instruction is passed to the bank and the bank makes the payment to the vendor on behalf of my client. The clients bank account is debited only after 2 months (as per the agreement).
Hope tis helps.
Thanks and Regards,
Anit

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