BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Which is the first step in the procedure of making down payments in the customer area? Down payment request Down payment received Customer invoice Clearing. When preparing the balance statements for year-end closing, you need to enter the disputed or doubtful receivables as flat-rate value adjustments.

Detailed explanation-2: -A down payment is a payment made or received before the physical exchange of goods and services. Upon receipt or delivery of the goods or services, the down payment is cleared against the final invoice.

Detailed explanation-3: -If you use the payment or dunning programs for posting or dunning of down payments, you need to use down payment requests. These are special documents that serve as a reference for posting a down payment or as a document for the dunning program. They do not update the account balance.