Advance invoice installments must be invoiced and paid for by
the customer before goods can be delivered.
The following are applicable for an advance
invoice:
The invoice is a legal document. Therefore the amount is posted
as recognized revenue using the applicable integration document type
The invoice is included in the sales listing and the tax declaration
The sales statistics are updated; the type of revenue is
qualified as intermediate revenue
Correction - Advance Invoice
A correction to an advance invoice installment, which reverses
the original installment amount.
Advance Payment Request
A request to a business partner to pay a certain amount or
percentage in advance before goods can be delivered.
The following are applicable for an advance payment request
(APR):
The invoice is not a legal document. Therefore, the APR amount
does not affect the revenue.
An open entry is created for the amount that is posted to the Control Account (Advance Invoice/Payment Request) as specified in the Control Accounts by Business Partner Group (tfacr0515m000) session. The transaction type
and series used to create the financial document for the Advance Payment Request invoicing scenario, are
retrieved from the Invoicing Transaction Types (cisli0101m000) session.
No VAT is
calculated, printed, and posted and the amount is not included in the sales
listing.
The APR amount is settled with the goods deliveries after the
VAT is calculated for the delivered goods.
No recognized, temporary, or intermediate revenue is available
for the APR amount. Therefore, the sales statistics cannot be
updated.
No link exists between the APR line and invoice related data
such as monthly billing invoicing, and late payment surcharges.
Correction - Advance Payment Request
A correction to an advance payment request, which reverses the
original installment amount.
Normal
Normal installments are invoiced before or at the delivery of
goods.
Correction - Normal
A correction to a normal installment, which reverses the
original installment amount.
Guarantee
Guarantee installments can only be invoiced after all the
nonguarantee installments are invoiced and all the goods are delivered.
Correction - Guarantee
A correction to a guarantee installment, which reverses the
original installment amount.