FI AP (Account Payable)

1. Master data
1.1. Create GL Reconciliation A/c (Vendor)- FS00
1.2. Create Account group
Regular vendor
One time vendor
1.3. Maintain Field status (screen layout) for vendor
1.4. Maintain and Assign Number range to Vendor A/c Group.
1.5. Create vendor master
LSMW
Manually FK01/ XK01
a) General Data – Name, Address, telephone number, Bank Details etc.
b) Company Code Data- Reconciliation A/c
 Sort key
 Term of payment
 Payment method
 Tolerance group
 Dunning data (for debit balance)
 Extended withholding tax

c) Purchasing data-

2. Down payment

 Create Special GL A/c (Advance to vendor) under Current asset.

 Create link between Reconciliation A/c and Special GL A/c.
- Special GL indicator – A (Down Payment)

Down payment request F-47

Down payment manually F-48

3. Document entry a) vendor invoice FB60 or F-43

b) Down payment clearing F-54

4) Payment to vendor

a) Manually F-53

b) Automatic F110

Check process- FCHK

5) Dunning- If vendor has debit balance F150

6) Reporting Vendor A/c balance FK10N

Line item display FBL1N