Down payment & Retentions against the PO

• The down payment to vendor normally we pay against the purchase order only, but in many cases, we could not link that down payment to the Purchase order in the SAP system, it is maintained outside the system or some other way.
  
• While we are doing the Invoicing to the vendor against the Invoice the down payment link is not visible,
  
  
• The retentions amount against the purchase order also get captured outside the system.
  
  
• We should maintain the link for the retentions amounts with the purchase order to avoid the missing amounts of retentions.
  
  
• The linkage of the down payment and retentions amounts with the purchase order is very important and must have features for any business

Basic MM module and FI Module

Additional down payments can be avoided from processing

Retentions can be tracked with the purchase order to monitor and release after the specified terms

Approach:

1. Activate the business functions for the features for the down payments and retentions 2. Configuration of the required settings for the down payments and retentions

Assumptions:

1. Down payment request to be created against the purchase order 2. Posting of the down payment against the request 3. No direct down payment to be posted in the system

Direct down payment posting without the route of the purchase order and down payment request

Features of down payments and retentions available in the system with SOP and FS and TS

We have the complete processes and steps for the implementations of the Down payment and Retentions features against the purchase order.

The configuration steps are listed with the UAT Testing scripts and documents

1 weeks for understanding the current process, account grouping and format discussion

1 week for preparing the solution documents based on the understanding and sign off

2 weeks for Realization and Testing the solutions in the DEV and Quality system of SAP

1 week for moving the TR To Production system and generate bank book report in Production system

Controlling the additional down payments and any slippage in the retentions amount can be controlled through this features and it has the opportunity to save high based on the transactions.

One month of development time and 1 week of support with 1 functional and 1 ABAP Resource

M1 – Project start

M2 – Solution Document sign off

M3- UAT Sign off

M4- First month end closing

INR 2,00,000/-

In just 2L we have the complete tracking of the down payments and retentions amounts