| # Installment type Advance Invoice 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 Parter 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 Parameters by Source Type (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. |