This PDF document outlines the vendor retention process in SAP. Vendor retention is the process where a portion of the payment to a vendor is retained by the purchasing company for a specified period as a form of security.
The document covers:
- An overview of what vendor retention is in SAP
- The configuration steps required in SAP to enable vendor retention, including activating the business function, creating a retention document type, setting up number ranges, defining a special GL indicator, configuring the transaction key and parameters
- The execution process for vendor retention, including creating a purchase order with retention percentage, goods receipt, entering vendor invoice, accounting document display, vendor payment, and subsequent payment of the retention amount after the retention period.
The document provides a comprehensive guide to setting up and executing vendor retention processing in SAP.