Clearing/Reversing Down Payments 

Use

You can also clear the down payment with the invoice amount in Financial Accounting or Materials Management. You have to perform this process in order to clear a posting of a down payment on current assets, or to reduce a payable by the amount of the down payment.

Procedure

  1. Call up the transaction as follows:
    2.

    Menu Path

    Accounting ® Financial Accounting ® Accounts Payable ® Document Entry ® Down Payment ® Clearing

    Transaction Code

    F-54

  2. Enter the following data:
    3.

    Field

    Data

    Document date

    Today’s date

    Posting date

    Today’s date

    Reference

    Reference from the first process

    Doc.header text

    Down payment clearing

    Account

    1006

    Text

    Clearing down payment/invoice amount

    Invoice

    Empty

  3. Choose Process down pmnts.

    4. One item is selected; this is the down payment you entered earlier.

  4. Select the down payment item and choose .

    5. If the system asks you to correct the item selected, proceed as follows:

    Double-click on the colored item.

    Enter a descriptive text in the designated field. This will allow you to reconstruct this transaction at a later time.

    Post the document.

  5. Bypass any warning message by selecting .
  6. Make a note of the document number.
  7. Choose .
  8. In the Exit Editing dialog box, choose Yes.