Displaying Vendor Accounts in fico

1. Call up the transaction as follows:

Menu Path	Accounting ® Financial Accounting ® Accounts Payable ® Account ® Display/Change Line Items
Transaction Code	FBL1N

2. Enter the following data:

Field	Data
Vendor account	1006
All items	Select
Special G/L transactions	Select
Normal Items	Select

3. Choose .
4. Select Reference and choose .
5. Enter the following data:

Field	Data
Reference	Reference from the first process

6. Choose .

All accounting documents pertaining to vendor 1006 generated during this process are displayed.

At the top of the list are the vendor open items: The invoice and down payment made. Both items are selected as open items during payment. This reduces the invoice amount by the amount of the down payment.

The down payment document and the clearing document are to be found under Cleared items.

7. Double-click on the Clearing document.

On the Display Document: Line Item 001 screen, you have an overview of the first line items.

8. Choose .

Your posting should be as follows:

· Credit: Account 1006 (vendor/reconciliation account 159000 - down payment on current assets)

· Debit: Account 1006 (vendor/reconciliation account 160000 - domestic payables)

· Credit: Account 154000 (input tax)

· Debit: Account 159010 (clearing account for input tax from down payments made on current assets)

By clearing the down payment, the down payment made is now transfer posted from account 159000 (assets side of the balance sheet) to account 160000 (liabilities). As a consequence, the total payables amount from the vendor invoice is reduced by the amount of the down payment.

The tax amount is calculated on the total amount of the invoice. This explains why the posting for the tax amount calculated on the amount of the down payment is cleared.

9. Choose until the overview tree appears.