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When we should use F-54 clear down payment

former_member1278972
Participant
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Hi,

When should I use T-code F-54 clear down payment? Is this necessary to perform this step?

1. F-47 down payment request

2. F-48 post down payment

3. MIGO post good receipt of PO

4. MIRO post vendor invoice

5. F-58 payment by check (for outstanding balance)

Any advice are welcome.

Thanks,

Wendy

Accepted Solutions (1)

Accepted Solutions (1)

former_member207607
Active Contributor
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Dear Wendy,

yes, in my opinion should be a must.

Please take in consideration that the Down payment is a payment in advance and that usually the amount is smaller then the next invoice amount.

Therefore usually You have:

F-47, F-48 (or F110), FB60 (or F-43), F-54 and at the end You have the final payment by F-53 or F110 that clear all.

I hope this can help You.

Mauri

PS TDS is the Indian Wihholding Tax

former_member1278972
Participant
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Hi,

Thank you so much.

Answers (3)

Answers (3)

former_member207607
Active Contributor
0 Kudos

Dear Wendy,

usually the steps to perform, when You're using DP, are the following ones:

1. F-47 Down payment request

2. F110 Down payment

3. FB60 Invoice

4. F-54 Down payment Clearing

By F-54 that is the downpayment clearing, the System will close the

first line item of the downpaymewnt with PK 29A

by the first line item of downpaymewnt clearing with PK 39A;

and it opens a new vendor line item by the posting key 26.

This means that from the financial point of view the system transforms

the original downpaymen into a partial payment.

Therefore the downpayment clearing has an economic value.

It changes the Down payment (that is posted using a special G/L

indicator) into a partial payment (that does not have any special

G/L indicator).

I hope this can help You.

Mauri

former_member1278972
Participant
0 Kudos

Hi,

I like the way of explaination. It is very clear.

I tested, system are behave the way you explained. Thank you.

I create 2 scenario:

Both scenario, I can achieve the same result (clear vendor open item.)

For proper way, is it a must to perform this step F-54 if we have down payment?

Scenario 1:

1. F-47

2. F-48

3. MIGO

4. MIRO

5. F-54 => (result: SAP generate a new document & clearing open document in step 2)

6. F-58

Scenario 2:

1. F-47

2. F-48

3. MIGO

4. MIRO

5. F-58

Thanks,

Wendy

Former Member
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Hi

TDS mean Tax Deducted at Source. For more detailsyou can refer the below link

http://www.saptechies.com/withholding-tax-tds/

Regards

Praveen PC

Former Member
0 Kudos

Hi,

1. It is said to be following a proper process to clear down payment against invoice using transaction F-54.

2. You use F-54 only after creation of an invoice for which down payment is made.

3. It is madatory to use F-54 if TDS has been deducted in down payment and invoce both

Regards,

Chintan Joshi

former_member1278972
Participant
0 Kudos

HI,

Thanks for advice. May I know, what is TDS? Thanks

former_member1310440
Active Participant
0 Kudos

Hi,

Clearing the vendor open Items for Downpayment using tcode F-54 / F-44

Regards,

Sreehari

Former Member
0 Kudos

When you receive invoice from vendor you can clear the document payment and create line item for the balance amount.

Or

You can post invoice on vendor account and latter clear the down payment with invoice separately.