F-29 - Post Customer Down Payment

SAP Transaction Code - Details

• Transaction Code: F-29

  Description: Post Customer Down Payment

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Accounts Receivable > Document Entry > Down Payment > Down Payment

• • Program: SAPMF05A

    Screen: 111

    Authorization Object:

  • Development Package: FIBP

    Package Description: Documentation FI customers and vendors

    Parent Package: APPL

  • Module/Component: FI

    Description: Financial Accounting

Smart SAP Assistant

• SAP Tcode: F-29 - Post Customer Down Payment

  Overview:
  The SAP transaction code F-29 is used to post customer down payments. This code is used to record customer payments that are made in advance of goods or services being delivered. It is important to note that this code is only used for customer down payments and not vendor down payments. 
  
  Functionality:
  The F-29 transaction code allows users to record customer down payments in the SAP system. This code can be used to record both manual and automatic payments. It also allows users to view the payment history of a customer, as well as the current balance due. Additionally, this code can be used to create a payment plan for customers who need to make multiple payments over time. 
  
  Step-by-step How to Use:
  1. Enter the transaction code F-29 in the command field. 
  2. Enter the customer number in the Customer field. 
  3. Enter the amount of the down payment in the Amount field. 
  4. Select the appropriate payment method from the Payment Method dropdown menu. 
  5. Enter any additional information in the Reference field (optional). 
  6. Click “Save” to post the customer down payment. 
  
  Other Recommendations:
  It is important to note that when using this transaction code, users should always double check that all information entered is correct before saving it. Additionally, users should ensure that all customer payments are recorded accurately and promptly in order to maintain accurate financial records and avoid any potential discrepancies or issues with customers.