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Question
What is Down Payment? Can we create down payment for one 
time vendor or customer it is possible if it is possible 
explian?
 Question Submitted By :: FI-CO
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Down payment is advance payment to vendors for
supply/services.

It is not possible made down payment to one time vendor or
one time customer
 
Is This Answer Correct ?    17 Yes 4 No
Purushothaman Kannan
 

 
 
 
Other FI CO Interview Questions
 
  Question Asked @ Answers
 
We have total 5 branches at the time of posting document we did't specify which branch it is. Here the problem is how to know for which branch belonging it please give me answer as soon as possible thanks to all........ TCS 1
What is the use of AS-IS and TO-BE in ASAP methodology TCS 4
SAP FICO CBT Infosys 2
asset accounting capitalization date   2
What is GR/IR account? Why do you maintain that? Explain the importance of GR/IR clearing account. Orica 19
how many type of APP we can run .,,, whar are app program Yash-Technologies 1
what is a landscape, DEVELOPMENT-QUALITY-PRODUCTION. WHAT IS OUR RESPONSIBILITIES IN DEVELOPMENT , QUALITY AND PRODUCTON PLS EXPLAIN BRIEFLY TCS 2
Which one of the payment mode is more effective, whether of using Partial Payment or Residual Payment in th company for vendor clearing and for why? Plz. give the explanation.   1
What is the Exact meaning of the Tolerance group for G/L Account, Customers and Vendors...?   2
I have 2 company codes in India,1 company code in US. In India the fiscal year variant is Apr to Mar & in US Fiscal yr variant is June to July. I want to submit my Financial statements in India. How do u do this? Accenture 3
where it is integrated in fi & sd.pls tell me. Infosys 5
how to configure automatic payment program   3
 
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