Billing Plan with 2 invoices:1st:Down Pymt Type,2nd related to deliv.

Question

Hello Gurus,
My customer has this need:
Customer must pay a percentage before sending the goods (Down Payment Type)
Then, when it is paid, the following invoice should be based on the real delivered quantity:
When they pick the goods, if a part of the ordered goods are missing (breaked...), the invoice should just be based on the ral quantity.
By ex:
Ordered: 100 - Account Invoice: 50%
Picking:
- if total: F2 invoice: 50%
- if Only 60/100 - F2 invoice: 60-50= 10%
Is it possible?
Best regards,
Sébastien

Answer 1

Hi,
It is very much possible,
In periodic billing, you have something called the Date categories. You have to enable various date categories, atleast 2, with 1 having an invoice of downpayment type and another with actual invoice type.
Now when you create sales order, in the billing plan, maintain two date categories, teh first one being teh one for downpayment type and the second date category being the one with the actual invoice type.
Once this is done, and the downpayment is made, you can remove the billing block from SO, create invoice for the first billing plan. In this case, it will create a downpayment request. Here the revenue wont be recognised , only downpayment will be posted.
Once delivery is made, create the invoice using the second billing plan. In this case, it will create the actual invoice. This will be posted in AR.
Now you can reconcile between downpayment and AR in FICO.