F-54 - Clear Vendor Down Payment

SAP Transaction Code - Details

• Transaction Code: F-54

  Description: Clear Vendor Down Payment

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Accounts Payable > Document Entry > Down Payment > Clearing

• • Program: SAPMF05A

    Screen: 114

    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-54 - Clear Vendor Down Payment

  
  Overview:
  The SAP transaction code F-54 is used to clear vendor down payments. This code is used to clear down payments made to vendors for goods or services that have been received. It is used to ensure that the vendor is paid in full for the goods or services provided. 
  
  Functionality: 
  The F-54 transaction code allows users to clear down payments made to vendors. This code can be used to clear down payments made in advance of goods or services being received, as well as those made after the goods or services have been received. The code also allows users to view the details of the down payment, including the amount, date, and vendor information. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code F-54 in the command field. 
  2. Enter the vendor number in the “Vendor” field. 
  3. Enter the document number in the “Document Number” field. 
  4. Enter the amount of the down payment in the “Amount” field. 
  5. Select “Clear” from the menu bar and click “Execute” to clear the down payment. 
  6. Confirm that the down payment has been cleared by viewing the “Cleared Amount” field on the screen. 
  
  Other Recommendations: 
  It is important to ensure that all down payments are cleared in a timely manner to avoid any delays in payment to vendors. Additionally, it is important to ensure that all documents related to a down payment are properly filed and stored for future reference.