Entering Vendor Down Payments 

Use

In India, when you enter a vendor down payment in Accounts Payable (FI-AP), you follow the standard procedure and, in addition, you:

·         Assign the down payment to the correct section code

·         Calculate any withholding tax required

Procedure

1.       On the SAP Easy Access screen, choose Accounting  ® Financial Accounting  ® Accounts Payable  ® Document Entry  ® Down Payment  ® Down Payment.

2.       On the Header Data screen, enter the header data as required and choose

3.       On the Add Vendor Item screen, enter data as required, including:

-         Bus. Pl. (Business Place): The section code handling the down payment

4.       Save the down payment.

Result

The system creates an accounting document with the appropriate withholding tax items. It enters the business place in each vendor item and each withholding tax item.