Hello Everyone, hope all are doing good!
There is a new requirement from the client.
He says as a normal Accounts payable process, we get the invoice from the vendor and create an open item. Based upon the payment terms, we process the vendor open items in F110 and immediately when we process the open items in F110, it gets cleared as per our SAP system, then the payment proposal file is sent to the bank. The bank in return might send the cheque in the name of the vendor or might credit the amount directly to the vendor’s account. Even Our bank books also would get updated once the cheque and the amount has been realized by the vendor.
Now the requirement is that:
You have an vendor open item and you run the payment proposal in F110Firstly,When you run that F110 against that vendor open item, it should not show as cleared. Secondly after you send the file to the bank, after the bank send the cheque or makes the payment directly to the vendor account, the date of realization should be your clearing date and then only it should show as cleared in out SAP system.
To explain in simple words, once the vendor’s bank account Is credited, then only it should show as cleared in my SAP system against the vendor, till then even after you do your F110, it should show as open item only since the amount has not got credited to the vendor’s account.
Kindly share your valuable thoughts on how to configure this