Holding Security deposit payment as liabilities

Hi Experts,
is it possible to account the security deposit payments as liablities (into separate liability G/L) untill it is released. And have it moved to the another reconciliation G/L when the payment is released?
Thanks,
Dhiraj

Hi Dhiraj,
You can have the payment on account to posted to liability GL its up to client requirements.
In our client for all generic AR we maintain one GL and for all payment on accounts we maintain another GL like SD liability GL.
At the end of the day both are balance sheet GL accounts and you call them differently.
There are some clients who post both receivables and payments on accounts to the same GL, that's correct too, depending on your client you can define it in any form.
thanks,
Vikram

Similar Messages

Security Deposit Payment and Clearing!

Hi Experts,
We have an requirement when the cash security deposit is processed/released in SAP ISU it should hit the liability ledger account and not the bank clearing account.
As per SAP standard functionlity when the cash security deposit request is initially posted it will have only A/R account associated with it as it is a statistical item with the main and sub of 0020/0020 and when the actual payment is received we post as an cash security deposit payment with the main/sub as 0020/0010 through assignment in the posting area 1010.
We have maintained the 0020/0010 in EK02 with the liability account assocaited with it.
Though it reads as cash security deposit payment as it is still posted through the payment lots it hits the bank clearing account associated with the payment lot and not the ledger account associated with the main and sub of 0020/0010. I checked the posting area 1010 and it didnt allow the G/L account to be specified during down payment clearing.
I am not sure if there is a way to handle this but our requirement is to capture this cash security deposit payment in different liability ledger account and not the Bank clearing/Cash in transit account.
Any thoughts on how to go about it and fix this issue will be highly appreciated.
Thanks,
Bharat

Hi - I recommend you document the expected postings, because when the security deposit is made, you are debiting cash, right?
Here would be the expected postings as an accountant when the security deposit is made:
Debit Cash
Credit Liability
When security deposit is released, then the following should occur:
Debit Liability
Credit cash
So to me the assumption that it shouldn't post to the bank clearing account is incorrect; it should as cash transactions are occurring, right? I recommend documenting the requirements with the accountant.
Tammy

Security deposit payment

Hi,
My requirement is to account the payments to a security deposit separately till the time it is not released.
Details as below.
1. When the security deposit is cleared by a payment, the payment item should reflect in G/L account X001.
2. When the security deposit is released, the payment amount should go to G/L X002 debitting the account X001 by the equivalent amount.
Step 1 can be achieved through the config of EK01, however can anyone please suggest if there is something which helps to achieve step 2? That means when a security deposit is released it should be transferred to another G/L account?
Thanks a lot in advance.

Hi Dhiraj,
Going through your Step2, it seems that you are looking for a journal entry to be done, once the SD payment is released so that the initial GL A/c, (say X001) is settled and the balance is transferred to a new GL A/c (Say X002).
I guess you are performing the SD release only at the time of Final Invoicing and not on an ad-hoc basis through FPSEC2.
If so, then you can go to the following SPRO config-
IMG--->SAP Utilities--->Invoicing--->Invoice Processing-->Item Selection in Invoicing--->Item selection in Account maintenance/Define Sub Items
Select the Clearing type, either R42/R43 (depending on your Business Process) and click on "Item Selection for Bill Printout (Sub Items)".
Select the SD payment main\sub combination (as per standard SAP-0020/0010) and check the box "Transfer to Credit memo/Receivable for Consumption Billing"
This checkbox controls whether a document which has already been posted should be transferred to a consumption billing credit memo/receivable in invoicing.
The newly generated document inherits the due date of the invoicing document.
Hope it helps..
Thanks,
Amlan

Security Deposit Acount Determination

Hi Experts,
When the security deposit request is paid by using Payment lot or Payment run the GL account reflecting in the entry is the bank clearing account. How do I post to the Security Deposit Accont GL ?
In EK02 I have maintained the relevant GL but the same is not determined in the payment entry.
Please advice.
Thanks
Satyajeet

Hi Satyajeet,
Security deposit request are statistical in nature.
When a SD request line item is posted in FI-CA, it does not have any impact in FI-GL.
FI-CA:Statistical entry in customer A/c
FI-GL: No entry
However, when a payment against the same comes, the following entry happens-
Bank A/c Dr
To Bank Clearing A/c
Bank Clearing A/c Dr
To Consumer Security Deposit A/c
The Consumer Security deposit A/c is maintained in EK01 against the main transaction for SD.
Moreover, you can maintain the main\sub for SD in posting area 1010 with clearing restriction 2 so that invoice raised on the account does not gets cleared by the security deposit payment.
Hope it helps...
Thanks,
Amlan

Restrict security deposit release during final bill

Hello,
As per our business requirement security deposit need not to be adjusted
with final bill. We have done the configuration as per following
screen shot.But security deposit still get adjusted during final bill
generation , please specify this configuration is correct or any
other configuration is required to achieve this requirement.
Configuration path:
SPRO->SAP utilities->Invoicing->Invoice Processing->Item selection in account maintenance/Define sub-item
And done the changes in both clearing type R42 & R43 as per below image

Hi,
You should check the configuration in Open Item Management for "Specifications for Invoicing".
Make sure the Clearing Variant that is used doesn't have any explicit Clearing sequence for Main/Sub 0020/0010.
If theres no such explicit configuration, make an ABAP change in the FI-CA Event ISU_EVENT_R401 to explicitly exclude the held Security Deposit . Heres the documentation for this event:
ISU_EVENT_R401
Short Text
Event R401:Select CA Items for Account Maintenance/Credit Transfer Posting
Functionality
Event R401 in IS-U invoicing selects the open items for account maintenance and transfer posting of credit. It is started in invoicing before the account maintenance modules are called.
Tasks
1. Selection (or preselection) of open items for account maintenance.
The open items made available in this function module are already made available in field XAKTP_401 (table TY_R401_FKKCL) with a propsal in accordance with the entries in table TE514 table TY_R401_FKKCL. You can overwrite this proposal.
2. Activation of open items for transfer posting in credit/receivable consumption billing.
This enables, for example, items with a clearing restriction in invoicing to be repaid. The items made available in this function module already have a proposal in field XGUMB_401. This proposal is based on the specifications in table TE529 and can be overwritten.
3. Deactivation of a statistical receivable without subsequent posting.
If you set the indicator XCLON_401, a statistical receivable can be cleared without subsequent posting, so that it is not longer requested. The items made available in this function module already have a proposal in the field XCLON_401 based on the specifications in table TE529. You can overwrite this proposal.
Example
1. In periodic invoicing the cash security deposit payments are to be released for settlement after a given period. If this period has not expired, you must set the indicator XAKTP_401 = ' ' in the relevant item.
2. In periodic invoicing the cash security deposit payments are to be repaid after a given period (if applicable, the credit remaining after settlement). In this case you must set the indicator XGUMB_401 = 'X' in the relevant item. If the credit is not to be reposted, you leave this indicator blank.
3. In final invoicing the open request for a cash security deposit is to be deactivated (cleared without subsequent posting). In this case you must set the indicator XCLON_401 = 'X' in the relevant item.
Further information
Programming Restrictions
To avoid jeopardizing the consistency of the system, note that you may not use the following language elements in events:
COMMIT WORK
ROLLBACK WORK
CALL FUNCTION 'DEQUEUE ALL'
Delete all locks that you have not set yourself.
Parameters
X_VERART
X_BLDAT
X_BUDAT
X_BUPA
X_FKKVKP
X_SIMU
X_INVOICE_UNIT
YWA_CHG_SERVICE_OBJ
TY_R401_FKKCL
T_CONTRCL

Security deposit - Setting restriction automatically after payment

Hello,
After Iu2019ve created a security deposit (FPSEC1) and paid it for example with the cash desk. What I understand is that before you can release the security deposit you first have to u201Clocku201D the deposit using FPSEC2. This sets the restriction (DFKKOP-AUGST) to 2.
Is there a way to set this restriction automatically so you donu2019t first have to go back to the FPSEC2 to set the lock. Or with a batch program oru2026u2026
Could you please help me out here??
Thanks a lot,
Lukas Molenaar

Lukas:
It is not clear what you are looking for. Standard functionality exists as follows: A deposit is created - the payment of the deposit automatically restricts the payment with value '2'. THis prevents the payment from being used to clear other receivables. This restriction is in place until the deposit is released. There is standard release functionality with ISU when the customer moves out, or when the customer has met certain good payment requirements. Those do not require any user interaction. Additionally, user can access the security deposit in change mode (FPSEC2) and release it manually.
After release by any technique, the restriction is removed from the payment document which enables it to clear open recievables OR to be paid back to the customer.
regards,
bill.

Default interest key determined in payment against security deposit

Dear All,
I am creating a request for security deposit by transaction FPSEC1. In that I have maintianed interest key as "03-Exemption of Interest on Security deposit"
A statistical entry is getting posted in business partners account.
After that I am creating a check lot and posting payment against the above security depost request.
In the payment document generated by check lot the interest key is getting changed to "04-Interest on Security Deposit".
Please help me why the interest key entered in security deposit is not transferred to payment document. Any how this interest key is automatically determined in payment document.
Regards
Dishant Gajjar

Dishant:
Perhaps you should check your customizing for main/sub of 0020/0010 in table TE305. That is the new item generated by the payment receipt.
regards,
bill.

Security Deposit Interest and Withholding tax_ Query

Hi Experts
I have raised a security deposit request and received payment against it. Interest on the cash security deposit was also calculated and it was also posted to contract account subject to Withholding tax assigned to it.
Now, i want to know from which tables will i be able to access the amount of Security deposit paid by the consumer, the amount of interest calculated on that Secuirty deposit and the amount of withholding tax on that interest?
Thanks in Advance.
Regards
Anwesha.

Hi Anwesha,
There are multiple tables where you can access the data releted to security deposits and the interest calculated against them.
FKK_SEC
FKK_SEC_REQ
Take the document no. from the above tables and go to DFKKOP, you will be able to find the payment amount (if any) against the SD line item in the clearing section.
Table DFKKIAPT will give you the interest information for the security deposit.
Take the interest document no. and go to DFKKOP to find out the With holding tax amount (Field-QBSHB).
Hope it clarifies.
Thanks,
Amlan

Security Deposit for adding new lines

Hi, I have an AtnT family plan for about 8 months now. Some of my friends want to join my plan but they are reluctant to pay any security deposit. Could you please let me know if it is needed in the first place?

Hi there
I’d be happy to help address your concerns regarding security deposits!
While a deposit is not always required, it is determined automatically based upon a number of factors including credit score of the account holder and any associated AT&T payment history. If a deposit is indeed required to add additional lines to your account, the deposit is refunded to you after 12 months from the payment date with good payment history.
I hope this helps!
Charise

Downpayment Request and Security Deposit

Hi Experts,
My scenario is to create a downpayment request, make a payment and it should get cleared with the actual receivables.I created a Down payment request through Manual posting.Did the payment for the same. But during my final bill it doesnt get cleared with my actual receivables. I have done the required configuration for Down payments in posting area 1010 with 3000/0010 alongwith clearing restriction '5' and also maiantained them in SAP Utilities -> Invoice Processing -> Item Selection in Account Maintainence as well as Bill printout but unable to acheive the same.
Moreover, I checked my Security deposit also. It is getting cleared but still remaining as a down payment item. Event R401 is also active.
Any help would be appreciated.
Thanks in anticipation.
Richa Tyagi

Hi,
Also check the Clearing configuring for invoicing has the Account Maintenance Clearing Variant defined:
Contract Accounts Receivable and Payable ->Basic Functions ->Open Item Management.->Clearing Control->Define Specifications for Clearing Types->Define Specifications for IS-U Invoicing
Ensure that the Final Billing Clearing Types R42 and R43 are assigned the Account Maintenance Clearing Variant.
In addtion, extend the Interval Days in Item Selection in Invoicing to be 999 days. While Due dates should not matter for credits, some functionality respects the due date.
If all this fails, make sure your Event R401 is not bypassing any standard logic that is contained with the IS-U standard Event ISU_EVENT_R401.
Also, make sure that your account is not a multi-contract account. There are dependencies during Move-out/Final bill for Security Deposits the Release can occur only if all contracts are moved out.
Regards,
Ivor M.

Interest Calculation on Security Deposit & Refund to party

HI, Expert
I have calculate the interest on Security deposit Amount for the period 01.04.2010 to 30.06.2010 & payment the interst on 03.07.2010 & clear the open item but when I run the next period it is again calculate for 3 days ,My cleint requirement is after calculation of interest it is taking 1-7 days for payment the interest to customer/vendor, is it possible in configuration setting
regards
gk

Dear Sriram,
It is possible:-
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
2.Go to OBAA and maintain R1 there.
3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
4.In OBAC Maintain R1and select from date
5. Define Time dependant interest terms
6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
8. Maintain R1 in the Customer master to whom Interest will be payable.
Then Run Interest calculation posting T Code:-f.52
Regards,
Alok

Security deposit issue: customer service saying it is never possible to get it back

To anyone who might be able to straighten things out here,
first of all, I am not asking for a security deposit back right away. I was just asking for a possibility of getting my security deposit back and on which condition I can get it back. However, when I called up (800)-922-0204 and spoke with counselor after waiting half-an-hour, she told me I am unable to get security deposit back at all since it is non-refundable to anyone. I questioned her why is it called a deposit in such case, and she kept on insisting that security deposit is something I pay in the beginning to open up an account and it cannot be returned at all. I was puzzled since the guy at the retailer shop and he told me I can probably get the deposit back at some time later and check the estimated date to get the deposit back if I called the number specified above and talked to a counselor.
So I checked up the answers posted up in this forum and figured out that indeed security deposit is returned after certain criteria is met. I was really irritated and upset, but that's something I have to deal with, so I'll pass on that. Following are my conditions on Verizon account and I hope someone can tell me when I can possibly get the deposit back and/or where I can get such info.:
I first opened up my account in Verizon 4 years ago with $400 deposit (Aug. 2014). Then, as a Korean male, I had to go back to my country to serve in military service that I had my account suspended for about 3 consecutive years. (Thanks to the Verizon retailer who helped me out at Oakdale Mall.) The first condition to get the security deposit back was "to have 12 consecutive monthly bills paid without delay (No suspensions while doing so)" and I know it was not done since I suspended my account at around 10th month (June 5th, 2011). I re-activated my account with a different phone and a plan on Aug. 30th, 2014 and the guy at the Verizon service center in Vestal, NY told me to check when I can possibly get my security deposit back.
Sorry to leave such a long message here but I guess I am not good at summarizing things here. Please take the pain and help this poor kid out.
Thanks to y'all who reads it & leaves a possible answer to my question.

First of all, I assume you have a misprint and you opened your account ~4 years ago in August of 2010, not 2014(1 month ago).
Next, it appears you had your account suspended for 3 years after completing only 10 months of service and have recently re-activated the account.
If the above information is correct in your case, I would assume you will get your deposit back 12 months after reactivating your account without any further suspensions and/or late payments. So I would guess you will be eligible to get your deposit back in August, 2015.

Security Deposit to A/R

Dear Guru:
I created Security Deposit and activate.
I would like to create open item in A/R from security deposit.
but when I run RERAPP , said "Flow type for postings is missing in payment-related cash flow Message no. RERAPP007"
so if I have security deposit , do I need to create open item in A/R and do cash receipt?
Pls advise.
Thx in advance.

Hello Franz Posch,
Even though I choose the Actual Rent for contract, I still get the same error:
Flow type for postings is missing in payment-related cash flow
Message no. RERAPP007
I have searched in internet and found that a lot of people face the same error, but there is no solution.
Do you have any idea?
Huong

Security deposit transfer during move-in

Hi All,
My requirement is to transfer security deposit automatically during move-in/move -out from EC60.I can transfer the same from FP40 , but I want to transfer this automatically through EC60.
In move-in control parameter , I have already set the automatic transfer of SD in configuration.What else I need to do for this?
Also before transfer through FP40 , I need to release the same and the SD will be transferred to new contract account without any restriction.If I want to place the restriction again, what I need to do?

Banasri:
using the move control parameters, you will be able to control the deposit transfer automatically when the move in/out occurs. The contract on the original deposit (request and/or payment) will be updated to the new contract.
regards,
bill.

Security Deposit Refund after one year

I have paid every phone bill for the past 11 months and I am wondering when I am eligible to have my security deposit returned. I have had no luck with other inquiries I have made regarding this deposit in the past.

Hi Brandon,
I appreciate your inquiry about the security deposit. In order to be eligible to receive a security deposit refund in full, the account must meet several criteria:
• 350 days of active service (the 350 days begins from the point of activation, not from the time the security deposit is applied to the account).
• No suspensions due to non-payment.
• 12 consecutive months of timely, uninterrupted service.
• No payments returned from bank
Account balance current (no more than 30 days past due).
• No related account delinquent or written off requiring payment.
If the account remains active after one year of service, the security deposit will be automatically refunded within 1 - 2 billing cycles.
EdW_VZW
VZW Support
Follow us on Twitter @VZWSupport

Holding Security deposit payment as liabilities

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