Sales invoice and Incoming Payment in SAP

Path: accounting – Financial accounting –Account receivable- Document entry-Invoice –General (F-22)

Give the document date                             :Today’s date

Type                                                               :DR

Company code                                             :your company code

Posting key                                               :01 Invoice 

Account                                                         : select customer number

Document type number ranges

T.code : OBA7

standard SAP has give some of the Document type generally any sap consultant uses those standard SAP document type until unless if client asked for the new document.

you can create new document type by selecting the new entries ....

some of general document types

Create customer Master

Path:   Accounting- >Financial accounting –>AR-Master records->Maintain Centrally->Create (Tr.Code is XD01)

Account group                                  :select your customer group

Company code                                 :your company code

Enter

Create Sundry Debtor account

T.code Fs00

it is balance sheet account 

under current asset group , this account is linking account with FI-GL and FI-AR

In SAP it is called as reconciliation account (recon. A/C)

Customer payment terms

Path : SPRO-Financial accounting –>AR and AP –>Business transactions->Incoming invoices / Credit memos –> Maintain terms of payment 

Select new entries tab

Payment terms                     : it is 4 digit code 

Select customer check box

Define Tolerances Group for customer

Path :SPRO-Financial accounting-Account receivable and account payable-Business truncations-incoming payments-manual incoming payments-Define tolerances(Customers)

Select new entries 

Company code                                 : your company code

Tolerance group                               : Blank

Description                                        :Tolerance group for your company code (it text field)

Save

Press enter save in your request

Tolerance group are acceptable, permissible variations, 

and authorization given to the user of the company code to post a document simply, To post open item client and vendor item and to permit money discount.

but if you maintain tolerance group code you have to assign with respective objective 
otherwise sap system don't allow to post any business transactions 

Create number ranges for customer accounts

Path: SPRO- Financial Accounting- AR and AP customer accounts – Master data- Preparation for creating customer master data-Create no. range for customer accounts (Tr.code is XDN1)

Select change intervals tab

Select interval tab

Create Customer Account Groups

Path: SPRO- Financial Accounting- Account Receivables and accounts payables customer accounts – Master data- Preparation for creating customer master data- Define account groups with screen layout (customers)  

go to new entries tab

Account group          : your code it is 4 digit code