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Was under the impression Milestone Billing Plans for the use of Down payments did not work on Contracts
- (on the assumption you are billing the Sales Order,not the Contract, what would the Down Payment net against?)
Believe it works with Scheduling Agreements. Might be worth exploring those.
| | | ---------------Original Message---------------
From: sap4beginner
Sent: Tuesday, April 05, 2011 4:09 PM
Subject: Advance payment in contracts
Hi Friends
I need your help with advance payment at contract configuration. please look at the example given below and advice me how to config this.
on or before initial adelivery date, customer shall pay supplier an advance payment equal to (xyz) amount for the product that supplier is obligated to tender for delivery under this agreement during the term ( "Advance Payment").Supplier may immediately use the advance payment for its internal requirements in supplier's sole discretion . the balance of the advance payment remaining after any application of the advance payment will be credited please tell me how to configure this scenario, detailed description will be appreciated.thanks |
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