F-29

Post Customer Down Payment: Header Data

Use this transaction to record a down payment received from a
customer. A down payment can be recorded with or without a down
payment request (a down payment request is a noted line item on the
customer account that can be recorded via transaction F-37). A down
payment is recorded, via a special general ledger indicator, to a
general ledger account other than accounts receivable and then is
cleared against the customer invoice using transaction F-39.
F-30
Post with Clearing: Header Data
Use this transaction to post and clear debits and credits from across
multiple customer accounts. The posting header data is entered
followed by the offset posting account and amount. Open items can be
chosen, processed and saved with a unique clearing number and date.
This process will allow the user to select multiple open items and
select debit and credit amounts for clearing against each other.
F-31
Post Outgoing Payments: Header Data
Use this transaction to create a debit to a customer account. Enter the
clearing document header (bank information and customer
information), select a clearing transaction, choose open items you
want to clear, process the items selected and post the clearing
document. You also have the option to post additional line items as
part of the clearing process. This posting is not integrated with the
sales and distribution module and is used, for example, if a manual
credit refund is needed.
F-32
Clear Customer: Header Data
Use this transaction to process open items on a customer’s account.
This process is not initiated by another event and requires the
appropriate credits and debits to exist on the customer account to
enable clearing. Customer account clearing differs from a Post with
Clearing transaction (transaction F-30) or a Post with Payment
transaction (transaction F-28) in that you do not need to enter a
document header: simply match existing open items, and you can only
clear open items from one account.
F-33
Post Bill of Exchange Usage: Header Data
Use this transaction to record the deposit of the bill of exchange at the
bank. A bill of exchange can be discounted at a bank in advance of its
due date (discounting). The bank buys the bill of exchange from you.
Since it does not receive the amount until the date recorded on the bill,
it charges you interest (discount) to cover the period between receiving
the bill of exchange and its eventual payment. Some form of handling
charge is also usually levied. The accounting entries are debit bank
account, credit bill of exchange contingent liability account and debit
bank charges/discount. Use transaction F-20 to reverse contingent
liability.
F-34
Post Collection: Header Data
Use this transaction if a bill of exchange is either presented to your
customer for payment on the due date, or is deposited at a bank
shortly before the due date for collection. The bank usually charges a
collection fee for this service. The accounting entries are debit bank
account, credit bill of exchange contingent liability account and debit
bank charges/discount. Use transaction F-20 to reverse the contingent
liability.
F-35
Post Forfaiting: Header Data
Use this transaction if you sell your bill of exchange receivable abroad
(forfaiting). When you use the bill in this way (otherwise known as non-
recourse financing of receivables) you are, upon the sale of the bill,
freed from any liability to recourse. The accounting entries are debit
bank account, credit bill of exchange contingent liability account and
debit bank charges/discount. Use transaction F-20 to reverse the
contingent liability.
F-36