How do you use F 48 in SAP?

How do you use F 48 in SAP?

The SAP TCode F-48 is used for the task : Post Vendor Down Payment. The TCode belongs to the FIBP package….SAP TCode (Transaction Code) – F-48.

How do you post a down payment in SAP?

Customer Down Payment Configuration

1. Create an Alternative Reconciliation General Ledger(GL) Account.
2. Link the Alternative and Standard Reconciliation Accounts.
3. Then execute the SAP Customer Down Payment. Post Advance Receipt. Post Sales Invoice Against Advance Receipt. Transfer Posting. Clear Normal Items.

What is special GL indicator for down payment?

Special G/L transactions are basically down payment requests, down payment made, down payment received, bill of exchange or any other transactions related to customer/vendor. such kind of transactions need to be captured separately and not to be updated directly in the customer/vendor account.

How does SAP calculate advance payment?

SAP Vendor Down Payment Process

1. In this tutorial we discuss the SAP vendor down payment process as part of our free online SAP FI training.
2. Press Enter to check for errors then Save the G/L account .
3. Click the Save button .
4. Click the Process down pmnts button to see the advance payments.

How do you use F 47 in SAP?

The SAP TCode F-47 is used for the task : Down Payment Request….SAP TCode (Transaction Code) – F-47.

How do I post F-48?

Account: Enter Bank G/L account….” Post Vendor Down payment ” Transaction Code :- F-48

1. Document date: Date of transaction occurred.
2. Type: Document type classifies accounting documents (e.g. KZ- Vendor Payment)
3. Company code: Enter company code.
4. Posting date: Posting date would be defaulted as the system date.

What is the use of F-47 in SAP?

The SAP TCode F-47 is used for the task : Down Payment Request. The TCode belongs to the FIBP package.

What are special GL transactions in SAP?

Special GL transactions (G/L) is transactions that are not normal business transactions with your business partners. These are generally shown in different control ledgers and are not grouped with the normal transactions. They include bills of exchange, down payments, bank guarantees, and provisions for doubtful debts.

How do you check Special GL in SAP?

Hit Enter. There are two components of SAP special G/L indicator configuration which must be performed: Special G/L Account Determination….SAP Special G/L Indicator Configuration

1. Specify account type.
2. Select pre-existing special G/L indicator.
3. Enter a name.
4. Enter a description for the purpose of the indicator.

What is the use of F-47?

Hey f-47 is for booking down payment request which is a notification alone.. So it is a kind of a special GL transaction, which may not have an accounting impact. That is why it is termed as a special GL transaction. It is just na indication transaction and does not hit the normal reconciliation account.

What is the sap tcode F-47?

The SAP TCode F-47 is used for the task : Down Payment Request. The TCode belongs to the FIBP package.

What is the difference between F-47 and F-48 down payment?

Note that the purchase order number entered in the down payment request (F-47) is only for information purposes. But when the actual down payment is made (F-48), SAP also updates the down payment amount as commitment against the purchase order.

What is the accounting impact of F-47?

Hey f-47 is for booking down payment request which is a notification alone.. So it is a kind of a special GL transaction, which may not have an accounting impact. That is why it is termed as a special GL transaction. It is just na indication transaction and does not hit the normal reconciliation account.

Is it mandatory to post to transaction F-47?

So posting to transaction F-47 is not mandatory. Help to improve this answer by adding a comment. If you have a different answer for this question, then please use the Your Answer form at the bottom of the page instead. F-47 is only a request to Finance Dept/Pdurchase Dept who can check the reqeust and can plan accordingly.