| InstallmentsInstallment invoicing enables you to generate invoices for partial amounts or percentages
of the total net amount before or after the ordered goods are delivered for a
sales order. To indicate the installments, you must add installment lines to
the sales order. Installment types The installment type determines when an installment line is placed on an invoice. Advance installments An Advance Invoice must be paid for by the sold-to business
partner before goods can be delivered. The invoice is a legal
document. - An Advance Payment Request is a request to a sold-to
business partner to pay a certain amount or percentage in advance before goods
can be delivered. No tax is calculated and the invoice is not a legal
document.
Normal installments Normal installments are invoiced before or at the delivery of goods. Guarantee installments Guarantee installments can only be invoiced after all goods are delivered and the
nonguarantee installments are invoiced.
Installment master data and procedure To specify, maintain, and view installments: - Specify the installment
parameters on the Installments tab of the Sales Order Parameters (tdsls0100s400) session.
- Enter a sales order and specify Direct Settlement or Indirect Settlement in the Installments field of the Sales Order (tdsls4100m900) session.
- Add the sales order lines and click Sales Order - Installments on the appropriate menu of the Sales Order (tdsls4100m900) session.
- In the Sales Order - Installments (tdsls4600m100) session, specify an installment
schedule for the sales order.
- After the goods are delivered and all nonguarantee installments
are invoiced, close installments in the Sales Order - Installments (tdsls4600m100) session. Next, invoices can be created
for guarantee installments.
- Process installments in the Process Delivered Sales Orders (tdsls4223m000) session.
Installment settlements Invoiced installments are settled (subtracted from the goods
amount) if the goods are delivered and the goods invoice
is printed. Settled amounts indicate the amount of the goods invoice that is
covered by the installment. Settlement types The following types of settlement exist: Direct Settlement Delivered goods can be
invoiced although not all installments are invoiced yet. When the goods are
invoiced, the invoiced amounts on the installment lines are subtracted from the
goods amount on the invoice. With direct settlement, the following are immediately
visible: - Revenue from the sale of goods in Invoicing
- Turnover of the goods in the Sales Order Actual Delivery Line History (tdsls4556m000) session.
Indirect Settlement Delivered goods
cannot be invoiced before the sales order installment is closed. When the order
is closed, the invoiced amounts on the installment lines are subtracted from
the goods amount on the invoice. The following are applicable for indirect
settlement: - The revenue from the sale of goods is visible in Invoicing after the
sales order installment is closed.
- Turnover of the goods is logged in the Sales Order Actual Delivery Line History (tdsls4556m000) session after the sales order
installment is closed. If the sales order installment is not closed yet, in the Sales Order Line History (tdsls4551m000) session, turnover is temporarily booked on the Item for Advance Payment Installments, Item for Normal Installments, or Item for Guarantee Installments, as specified in the Sales Order Parameters (tdsls0100s400) session.
You can view the settlements for an installment in the Installment - Settlements (tdsls4513s000) session. After the goods invoice is printed
in Invoicing, the
settlements for the invoiced installments are displayed in this session. Note - Guarantee installments are settled before they are
invoiced, because they are always invoiced after the goods invoice is
sent.
- When invoicing a (+) sales order line, the (-) installments
are first settled up to the total installment amount.
- When invoicing a (-) sales order line, the (+) installments
are first settled up to the total installment amount.
Installment corrections Settled amounts, which indicate the amount of the goods
invoice that is covered by the installment, are the basis for calculating the
installment corrections. The correction amount, which is calculated when a
sales order installment is closed, is the difference between the total invoiced
installment amount and the settled goods invoice amount. It is calculated as
follows: Goods amount to be invoiced - installment amount to be settled. A correction installment is created only if the goods amount
to be invoiced is less than the installment amount to be settled. In this case,
the amount for which the customer is invoiced is too high and a reverse Correction - Advance Invoice, Correction - Advance Payment Request, Correction - Normal, or Correction - Guarantee is created. Correction advance installments or Correction - Normal installments can be specified only
after the original installments are composed or invoiced. In this way, Invoicing can always
retrieve the correct currency information. Correction - Guarantee installments can be specified before the original installment is released to Invoicing, because
guarantee installments are handled after the goods are shipped and the sales
order installment is closed. The Correction - Guarantee installment line cannot be released to Invoicing before the original Guarantee installment is released to Invoicing. In this
way, when composing the invoice for the correction guarantee, the correct
invoice information can be retrieved from the original guarantee. Manually specified correction installments are settled against
the goods invoice. Installment example Line | Installment
type | Installment
amounts |
---|
1 | Normal | 200 | 2 | Normal | 400 | 3 | Normal | -50 | 4 | Guarantee | 300 | Total sales order installment | 850 |
Line | Sales order
amounts |
---|
1 | 150 | 2 | 500 | 3 | 80 | 4 | -10 | Total
sales order | 720 |
Direct settlement is applicable. The correction process: - Installment line one is invoiced. Invoice amount = 200.
- Installment line two is invoiced. Invoice amount = 400.
- Sales order line one is invoiced. The goods amount of 150 is
settled against the invoiced installment line one.
- Remaining goods amount to be settled = 150 - (150) =
0.
- Invoice amount = 0.
- Installment line three is invoiced. Invoice amount = -50.
- The sales order installment is closed.
- Goods amount to be invoiced = 500 + 80 - 10 =
570.
- Installment amount to be settled = 50 + 400 - 50 + 300 =
700.
- Correction amount = 570 - 700 = -130.
- The correction installment is invoiced. Invoice amount =
-130.
- Correction installment line five is manually created for the
guarantee installment. Correction amount = -300.
- Correction installment line six is manually created and is of
the normal installment type. Correction amount = 170.
- Installment line four is invoiced. Invoice amount = 300.
- Sales order line two is invoiced. The goods amount of 500 is
settled against the invoiced installments as follows:
- Against installment line three for an amount of -50.
Remaining goods amount to be settled = 500 - (-50) = 550.
- Against installment line five for an amount of -300.
Remaining goods amount to be settled = 550 - (-300) = 850.
- Against installment line one for an amount of 50.
Remaining goods amount to be settled = 850 - (50) = 800.
- Against installment line two for an amount of 400.
Remaining goods amount to be settled = 800 - (400) = 400.
- Against installment line four for an amount of 300.
Remaining goods amount to be settled = 400 - (300) = 100.
- Against installment line six for an amount of 100.
Remaining goods amount to be settled = 100 - (100) = 0.
Invoice amount = 0. - Sales order line three is invoiced. The goods amount of 80 is
settled against the manually inserted installment line six.
- Remaining goods amount to be settled = 80 - (70) =
10.
- Invoice amount = 10.
- Sales order line four is invoiced. All installments are
settled. Invoice amount = -10 + 10 = 0.
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