Down Payment Processing 

Purpose

In the turbine project, you perform milestone billing for the sales order. Single billing milestones are maintained in the project. When these milestones are confirmed, the down payment date or billing document date is unlocked in the sales order.

Project Cash Management is activated in company code 1000. Payments are updated on the project. You evaluate down payment requests, down payments, and payments in the Payments information system.

For more information on processing down payments, see the SAP Library under:

Logistics ® Sales & Distribution ® Billing ® Down Payments for Sales Orders.

For more information on Project Cash Management, see the SAP Library under:

Logistics ® Project System ® Payments

Prerequisites

Project Cash Management is activated in the company code.

A billing plan with a down payment date is maintained for the sales order.

The down payment date for the billing plan is linked to activity 0100 by a milestone.

You have confirmed activity 0100 Internal sales documents.

To evaluate the payment data, call up another session in the report (from now on: Session two).

Process Flow

  1. The billing run selects all the unlocked dates from the sales order. The system creates a down payment request for the down payment date.
  2. When you receive the payment, you enter the down payment in Accounts Receivable Accounting for the down payment request.