Service payment

Question

Query - A client has paid some amount as down payment to vendor. And the billing plan consists of milestone billing. The client wants to adjust fixed percentage of down payment in every invoice (depends upon the no. of milestones). Is it possible to make such settings in SAP system so that client does not have to calculate it on paper and pay to vendor?
Example- Suppose project is worth of 10,000,00. vendor has been paid 100,000 (not in SAP payment terms. It is a mutual agreement between client & vendor). Now in billing plan 5 milestones are included and each invoice will come up to 200,000. Now on bill verification, client wants to adjust this 100,000 in every invoice by deducting 20,000. In this way vendor will be paid only 180,000 instead of 200,000.
My question is that is it possible to make such kind of payment terms while making billing plans. Can we make such settings in SAP system.
Please clarify my doubt.
Edited by: Pallavi Choudhary on May 28, 2008 12:43 PM
Edited by: Pallavi Choudhary on May 28, 2008 1:01 PM

Answer 1

Hi,
You can go for  payment as partial or make discount in F-53 as you want to pay only 180,000 instead of 200,000
For partial payment follow the steps:
Partial payment can be done in T.Code: F-53,
Use F-53 & Enter
{Document date, Posting date, Co.Code, Currency}
{Account(as out going payment G/L), Put partial amount you want pay in amount field} in Bank Data
{Account field enter your Vendor name } in Open Item selection
Now click Process Open Item at the top(leftside)
Next Screen
Select Partial Payment tab
And Now deactivate all the line items and only activate the line item(WRT you want pay) and click the partial amount tab and see that amount entered and assigned are same in the bottom.
Again now go to menu, click document-> Simulate, you will have accounting entries and save.
For discount
Use F-53 & Enter
{Document date, Posting date, Co.Code, Currency}
{Account(as out going payment G/L), Put partial amount you want pay in amount field} in Bank Data
{Account field enter your Vendor name } Press enter
and enter Discount amount in discount field with the line item(WRT you want pay){{(200,000 - 180,000 )=20,000}}
Now see that amount entered and assigned are same in the bottom.Again now go to menu, click document-> Simulate, you will have accounting entries and save
Regards,
Biju K