Allot the Payment Amount to Appropriate Invoice to offset the Payment with the Invoice Amount
You have effectively post the Outgoing Payment for Vendor
In this instructional exercise, we will figure out how to post the Outgoing Payment for Vendor in SAP
Enter the Vendor ID of the Vendor to be given the credit notice
Enter the Document Date
Enter the Amount to be credited
Enter the expense code utilized in the first receipt
Check the Calculate Tax actually look at box
Change organization code
You will find that the organization code at the highest point of the screen is not the same as the organization code on the receipt.
You can tap on organization code and change the organization code to the one for which you really want to enter a receipt in.
Enter the accompanying data on the following screen.
1-Vendor number - Enter the seller from who the buy was made.
2-Invoice Date-The receipt date is the date the buy was made. E.g., in the event that a buy was made on 1/1/2017, yet the seller didn't send the receipt on 1/10/2017, the receipt date will be 1/1/2017
3-Posting date-This is the date while the posting hit the monetary books. This was the date when we kept the exchange in SAP. It is feasible to buy something on 1/1/2017, however just record the receipt in SAP on 2/15/2017. For this situation, the posting date will be 2/15/2017.
4-Document type - This is normally KR for merchant solicitations.
5-Amount-Enter how much the buy
6-Reference number-This is normally the merchant receipt number. At the point when the seller calls us to ask about an installment, this is the number he references.
7-Text-Can be utilized to recognize what the buy was. E.g., markers for all gathering rooms.
8-G/L Account-The G/L record is the container used to order these expenses. E.g., on the off chance that we bought office supplies, we would utilize the workplace supplies G/L record here.
9-Debit or credit-For a receipt, the G/L side will be charge as the seller is credited.
10-Amount-The sum for this G/L. The sum on the seller and the G/L ought to adjust to 0.
11-Cost Center-Used for inner detailing. E.g., Cost focus 1000, Dallas office. We can run covers this cost community to figure out how much the Dallas office is spending on office supplies.
Managing vendor payments efficiently is a critical aspect of
any business. SAP, a leading enterprise resource planning (ERP) software,
provides a streamlined process for posting outgoing vendor payments using
transaction code F-53. In this guide, we will walk through the steps to post an
outgoing vendor payment in SAP.
Prerequisites
Before you begin, ensure that you have the necessary
authorizations and access rights to perform financial transactions in SAP. You
will also need the following information:
1. Vendor
details, including vendor code and bank account information.
2. Invoice
or document number for the payment.
3. Payment
amount and currency.
Step-by-Step Guide
Follow these steps to post an outgoing vendor payment (F-53)
in SAP:
1. Log
into SAP: Enter your SAP username and password to access the SAP system.
2. Open
Transaction F-53: You can do this by either typing "F-53" in the
command field at the top of the SAP screen and hitting Enter or by navigating
through the SAP menu.
3. Enter
Document Date: In the F-53 transaction, the first field to complete is the
"Document Date." This is the date of the payment. You can manually
enter the date or use the current date by clicking the calendar icon.
4. Enter
Company Code: Enter the company code for which you are making the payment.
This is typically a two or four-character alphanumeric code that identifies
your company within SAP.
5. Enter
Vendor: In the "Vendor" field, input the vendor code for the
vendor you are making the payment to. You can either enter the code directly or
search for the vendor using the search function (F4 help).
6. Payment
Currency: The payment currency is usually the currency in which you are
making the payment. Enter the currency code in the "Currency" field.
7. Bank
Details: In the "Bank Data" section, provide the bank details,
including the bank key and bank account. This information ensures that the
payment goes to the correct bank account.
8. Enter
Amount: In the "Amount" field, input the payment amount you want
to pay to the vendor.
9. Reference:
You can enter a reference or note in the "Reference" field to provide
additional information about the payment.
10. Document
Type: Choose the appropriate document type from the dropdown list. The
document type determines the nature of the payment, such as a normal payment or
a down payment.
11. Save as
Complete Document: To finalize and post the payment, click the
"Save" button. SAP will generate a payment document and post the
outgoing vendor payment.
12. Review
and Confirm: After saving, carefully review the payment details on the
confirmation screen. If everything is correct, click "Post" to
confirm and complete the payment.
Payment Confirmation
Once you have successfully posted the outgoing vendor
payment, SAP will generate a payment document, and the payment will be
reflected in the financial records. You can also print or save the payment
document for your records.
Remember to keep track of your vendor payments and reconcile
them with your bank statements regularly to ensure accuracy and transparency in
your financial transactions.
That's it! You've now successfully posted an outgoing vendor payment (F-53) in SAP.
FB60-Create seller receipt
Business situation Fb60 is utilized to make a receipt. These are immediate solicitations which are not coming from a buy request. In the event that the receipt is being made regarding a buy request, tcode, MIRO would be utilized.
Note-If you are utilizing Vendor Invoice Management, then the receipt would be made through a DP.
Menu Path-Accounting-Financial Accounting-Accounts Payable-report section FB60 - Invoice.
9 SAP eBook Bundle |
FBRA: How to Reset Cleared Items in SAP |
Introduction to Accounts Payable in SAP FI |
How to Block or Delete a Vendor in SAP FICO |