I have created a financial document of 50000/- value and assigned it to the sales order (Sales Order value:12000/-) and delivery also done.
But the "Open Value" of the financial document s not getting updated. It still remains to 50000/-.
Please suggest me if i have not done any setting OR how it will get update?
Are you in EXPORT SCENARIO.
Financial document is nothing but Letter of credit.
As per my understanding values are not updating in financial document.rather it is updated in LICENSE.
Create License t-code VX01N
Assign it to sales order t-code VX22
then values of sales order updated in licence t-code VX02N
Please correct if I am wrong, because I had worked on this before 3 years back, so not remember properly.
Dear RC Joshi,
I believe you need to check your account settings, as per my knowledge once you have taken advance payment from your customer then advances will be later on adjusted against the invoices raised on the customers. Advances can be adjusted against more than one invoice at the time of clearing of the invoices against advances.
Adjustment of Advances
Customer Account Cr
Advance Customer Payments Dr
Just wanted to tell you that i'm doing Domestic Sales.
I've two company codes, whereas in one company code Open value of LC changes after doing the delivery, but in another it not getting changed.
Could you please help me out that what setting i'm missing exactly.
The LC sales order's sold to party and ship to parties should be the sames of Financial Doc (FD)
1. Inco terms should be the sames,
2. payment terms should be same and
3. delivery requested date should be with in the limit of latest shipment date of Financial document.
if the above criteria of LC sales order will not match with FD (LC)
System will block the LC order for delivery and the open value will also not update in FD
If you use VKM3 to release LC Sales order system will not update FD for open value etc.