| # Installments Invoicing by installment enables you to send invoices for partial amounts or percentages of the total net amount before or after the ordered goods are actually delivered. To indicate the installments, you must add a number of installment lines to the sales order. It depends on the type of installment, when an installment line is placed on an invoice. The following types of installment lines exist: Advance Advance payments must be invoiced and paid by the sold-to business partner before goods can be delivered. Normal Normal installments are invoiced before or at the delivery of goods. Guarantee Guarantee installments can only be invoiced after all goods are delivered and the nonguarantee installments are invoiced. Invoiced installments are settled (subtracted from the goods amount) when the goods are delivered and invoiced. The following types of settlement exist: Direct Settlement Invoiced installments are directly subtracted from the goods amount on the sales invoice when the goods are delivered. If the amount on the installment line is less than the value of the delivered goods, the difference is invoiced when the goods are delivered. The revenue from the sale of goods is immediately visible in Central Invoicing. Indirect Settlement Delivered goods are not invoiced until the installment order is closed. The sold-to business partner can be invoiced for one or more installments in advance. When the order is closed, the invoiced amounts on the installment lines are subtracted from the goods amount on the invoice. The revenue from the sale of goods is only visible in Central Invoicing after the installment order is closed. Installment settings Take the following steps to define, maintain, and view installments: Set the default parameter settings for installments in the Sales Order Parameters (tdsls0100s400) session. Enter a sales order and set the Invoicing by Installments field to Direct Settlement or Indirect Settlement in the Sales Orders (tdsls4100m000) session. After sales order lines are added, click Sales Installment Orders on the Specific menu of the Sales Order - Lines (tdsls4100m900) session. As a result, the Sales Installment Orders (tdsls4110m000) session starts, in which you can enter an installment schedule for the sales order. Close installments in the Sales Installment Orders (tdsls4110m000) session. After all goods are delivered and all nonguarantee installments are invoiced, the installment can be closed. The purpose of closing the installment is: If the amount for which the customer is invoiced is too high, a reverse entry is created, and a Correction installment appears on the invoice. The negative correction installment amounts are settled against positive installment amounts, which you can view in the Installment - Settlements (tdsls4513s000) session. Guaranteed installments for which the customer has not yet been invoiced are subtracted from the invoice amount. Invoices can be created for guarantee installments. Print installments in the Print Sales Installment Orders (tdsls4410m000) session. Note You can create default installment schedules in the Default Installment Schedules (tdsls4146m000) session. After creation, you can use these schedules for copying them into installment orders. Installment - settlements If required, you can view the settlements for an installment in the Installment - Settlements (tdsls4513s000) session. After the goods are invoiced (= the sales order is released to Central Invoicing), this session displays the settlements for the invoiced installments. Invoiced installments are settled (subtracted from the goods amount) when the goods invoice is paid for. If an installment is closed and a (negative) Correction installment is calculated, the negative amount is settled against a positive installment amount for the same sales order. As a result, the Installment - Settlements (tdsls4513s000) session does not display negative settlements. Example The Sales Installment Orders (tdsls4110m000) session contains the following data for sales order SO001:
Installment | Type | Percentage | Amount | Release status
--- | --- | --- | --- | ---
5 | Normal | 133 | 100 | Invoiced
10 | Normal | -133 | -100 | Invoiced
15 | Normal | 80 | 60 | Invoiced
20 | Normal | 53.33 | 40 | Invoiced
25 (Correction) | Normal | -33.33 | -25 | Invoiced
The settlements for the previous installments are displayed as follows in the Installment - Settlements (tdsls4513s000) session:
Installment | Settlement | Installment Amount
--- | --- | ---
5 | 1 | 100
10 | - | -
15 | 1 | 25
2 | 35
20 | 1 | 40
25 | - | -
For Correction installment 25, the amount of -25 Euro is settled against the positive 60 Euro of installment 15. As a result, this installment is split up into two settlements. Related topics To change sales data after release to Central Invoicing |