How to reverse the down payments in fpl9.

[Former Member]

Hi,

In fpl9 there are lots of payments are showing in down payments. So I have to reverse those down payments in order to correct the account but am unable to reverse those down payments .please tell me the procedure how to reverse those down payments.

Regards,

Roni

[former_member199199 · Accepted solution]

Hi Roni,

If you have open down payments open in FPL9, it means you have down payment requests debit items that have been cleared with these payments.

You will have to reset clear them first. Then those payments will become as open credit sitting in the account and then you can process those credit accordingly.

However, if the down payments have been cleared with any follow on invoices (as an account maintenance) or debts then you will have to additionally reset clear/reverse them first and then you will have to find out the cleared down payment requests for reset clearing and so on.

Thanks,

Bodhisattwa

[AmlanBanerjee]

Hi Roni,

First check, from which process these downpayment items have been triggerred?

It can come from Security deposits, Budget Billing etc.

Simply performing a reset clearing and reversal will not resolve your issue for all the cases.

You have to analyse them on a case to case basis and then act accordingly.

Thanks,

Amlan

[Former Member]

Hi Amlan,

If the down payment is come from budget billing then what should be my action.

Regards,

Roni

[william_eastman]

Roni:

you should not have down payment with budget billing - those are not standard scenarios.

regards,

bill.

[former_member215295]

Hi Nishant,

If it is security deposit payments, then you can release the payments through FPSEC2.

thanks,

Vikram

[ivor_martin]

Hi,

As Amlan has stated, for paid Security Deposits, proceed as follows:

a) First re-set the Payment document/s clearing using Transaction FP07

b) This will open up the Security Deposit Request document/s

c) Vis Transaction FPSEC2, reverse the Security Deposit Request/s

d) Perform Account Maintenance using Transaction FP06 in order to clear the resultant Open Credits

I hope this helps.

Regards,

Ivor