No advance payment to vendors is asset for company because we are going to pay them before we getting goods deliveried so untill unless we won't received goods it will be asset once goods came and vendor invoice posted than it will expense
Thank you so much for sharing. But, When i post entry in F-48 , automatic payment block is picked up. I have not given any payment block in Vendor master and also i have not used any payment term. Inspite of this payment block is automatically picked up. I don't understand abou this issue. Let me know how to remove this setting, pls.
sir i have one Question....at the time of partial payment why dont we select special gl indicator, because as per my understanding if we make partial payment we should select the advance made to the vendor so that system ka understand that this partial payment is against that particular invoice which has a down payment
RESPECTED SIR, GOOD EVENING. THANK YOU SO MUCH AND I AM VERY GRATE FULL TO YOU SIR. I HAVE LEARNED MANY TOPICS FROM YOUR YOU TUBE CHANNEL. I AM REQUESTING YOU TO KINDLY UPLOAD S/4 HANA SIMPLE FINANCE VIDEOS PLS. THANKS & REGARDS, BHASKAR
Great explanation !! Especially covering real world scenarios which no one teaches. Thanks a TON !!
Why didn't you choose Field Status G026 (Accounts for down payments made) for the Advance Payment GL? Thx!
why is advance to revenue vendors created under assets (balance sheet) GL account? Isnt it supposed to be a expense?
No advance payment to vendors is asset for company because we are going to pay them before we getting goods deliveried so untill unless we won't received goods it will be asset once goods came and vendor invoice posted than it will expense
Great explanation, so much helpful
Thank you so much !
Thank you so much for sharing. But,
When i post entry in F-48 , automatic payment block is picked up. I have not given any payment block in Vendor master and also i have not used any payment term.
Inspite of this payment block is automatically picked up.
I don't understand abou this issue.
Let me know how to remove this setting, pls.
understood completel without single doubt. thank u sir
thanks for this well elaborated vedio.
how that 15000 came??
sir i have one Question....at the time of partial payment why dont we select special gl indicator, because as per my understanding if we make partial payment we should select the advance made to the vendor so that system ka understand that this partial payment is against that particular invoice which has a down payment
RESPECTED SIR, GOOD EVENING. THANK YOU SO MUCH AND I AM VERY GRATE FULL TO YOU SIR. I HAVE LEARNED MANY TOPICS FROM YOUR YOU TUBE CHANNEL. I AM REQUESTING YOU TO KINDLY UPLOAD S/4 HANA SIMPLE FINANCE VIDEOS PLS. THANKS & REGARDS, BHASKAR
pls make short videoes
U can finish it within 20min, why u make it lengthy boring by repeating same theory again & again
thank you so much :)
Thanks a lot sir.