Security deposit transfer

[rajesh_vasudeb]

Dear Friends,

Is it possible to transfer Cash security deposit from a Business partner/contract account to another Business partner/contract account? How do we do it?

By using FP40, we can transfer only open items of a BP to another.

Kindly advise on this matter.

Thanks in advance.

Rajesh

[Former Member · Accepted solution]

Hi Rajesh,

You can't transfer the security deposit , you can release the security deposit and then transfer it to the other contract account.

regards,

VR

[rajesh_vasudeb]

Right , But after releasing the security deposit, it will appear as a credit item in the BP a/c. and also with FP40 , you can transfer a open item not a credit item .

Kindly advice.

Rajesh

[william_eastman]

Rajesh:

I am not sure what your clarification is - but VR was correct. You must release the deposit payment, then it can be transferred via FP40. There are no limitations which would prevent this scenario from being done in that manner as standard. Possibly you have some enhancements which are causing you problems.

regards,

bill.

[former_member811801]

RAjesh,

Check the config in below mentioned path

FA> CARAP> Business Transaction> Transfer> Define specification & default value for transfer

Maintain value "X" for Transfer Credit. By activating this field the open cash security payment can be transferred i.e credit item can be transferred by FP40.

Also check field Only open item, whether activating the field can help you as per your client requirements.

Regards

[rajesh_vasudeb]

Thanks VR and Bill for your suggestions.

Special thanks to Sachin for giving the exact solution for my problem.

Regards,

Rajesh