Summary of Accounts Payable

Here we come to an end of this particular accounts payable session. Let us summarize what we have learned from this accounts payable topic. We have learned how to create vendor invoice posting using transaction code FB60. Then we have seen how to create vendor credit memo posting using transaction code FB65. Here the steps are similar to that of the invoice posting of a vendor.

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Then we have seen how to do vendor invoice payment using transaction code F53 and F58. Now here we are using transaction code F58 for posting of a vendor invoice along with the printing of that particular invoice. Further we have seen how to do the advance payments to the vendors using transaction code F48. Then we have seen how to do the down payment, that is clearing the down payment using transaction code F54. Then further, we have seen noted items using transaction code F57.

 

So these were the topics which we have covered under accounts payable, that is payable to the vendor. Then we have seen the import process. Now under import process, we have used the transaction code ME21N for purchase order. There we have used two transactions, one is MIGO and the other is MIRO, so here we have posted the invoice using a vendor. Then we have provided the purchase order details for that particular vendor, we have seen how to do the line items by selecting the fields from the net PO value and providing the amount to that particular purchase order, and we have seen how to provide the currency rates to that particular amount.

 

And finally, we have seen how to post that document and do the settings after the changes done to that particular purchase order. These are the topics which we have covered under this accounts payable session.