When Customer and Vendor as Both are Same

Go to FD01 Create a customer account Customer name ABC

Go to FK01 Create a Vendor account name ABC

Go to FD02 to change the Customer Master data

Customer – ABC Company code – TAST
Click on general data tab
Click on control data tab
Vendor - ABC
Click on company code data field
Click on payment transaction tab
Activate Clearing with Vendor
Press enter key and Save

Go to FK02 to change the Vendor master data

Vendor – ABC Company code – TAST

Click on Control data check box in general data filed
Click on payment transaction check box in company code data filed
Press enter key
Vendor – ABC
Press enter key
Activate the clearing with vendor
Click on save

Document type setting (OBA7)

Go to OBA7 for display of documents type

Click on position
Documents type – KZ (Tick mark)
Double click on KZ Documents type
Activate vendor check in account type allowed
Save it

Come back
Click on Position
Documents type – DZ (Tick mark)
Double click on DZ Documents type
Activate Customer check in account type allowed
Save it
Come back

Go to F-43 Post vendor invoice with 100000 on 7-02-08

Go to F-22 Post Customer invoice with 50000 on 7-2-09
Go to F-53 Post the Vendor outgoing Payment 50000 through bank on 7-02-08

Document Date –07.02.2008 Type – KZ Company code - TAST

Posting Date – 07.02.2008 Period – 06 Currency/Rate – INR
Documents header text – Vendor payments
Bank data
Account - 200008 Business area - TAMU
Amount – 50000
Text – Payment paid to vendor
Open item selection
Account – Vendor account
Click on process open item tab
Activate the clearing line item
KR – 100000
DR – 50000
Simulate the documents
Payment amount- 50000
Click on Accept
Go to FBL5N Check the customer status
Go to FBL1N Check the Vendor Status