Realtime SAP SD FI Advance and Down Payment Scenarios (Udemy.com)

details of course content as below follows

Sap advance payments introduction

System pre setup

1st method condition based,  High Level process of Down payment process and sd

High level down payment condition types brief and routines

Must required Finance settings

1st Method Advance or down payment Transactional process against order to cash

2nd Using billing plan and configuration set up

2nd Method of advance or down payment Transactional process against Sales order

3rd Method and conclusion fi direct postings

Advance receipts from customers need to be shown as liabilities on the balance sheet. In order to support this requirement down payments received are posted as special general ledger (gl) transactions. An alternative reconciliation account is required to post such transactions. When a down payment is received from the customer the system updates the alternative reconciliation account instead of the standard Account receivables reconciliation account.

To facilitate the recording of the down payment as a special gl transaction, a link must be created between the standard reconciliation account and the alternative reconciliation account. To create this link, use transaction code obxr

he process begins when the advance payment is received from the customer. Post the advance receipt as an accounts receivable down payment

and many more details find in actual course practical content with slide and presentation

Bonus1-PERIODIC BILLING

Bonus2-MILESTONE BILLING