Cash Discount in APP

Hi All,
I am trying to run F110 but encounter the following error message:
Account xxxxxxxxx requires an assignment to a CO Object.
Actually this is Cash Discount taken account which is appearing during APP run and of P& L Account .
I have already set an automatic account assignment (e.g cost center default) in txn OKB9 to avoid posting error , when the payment program posts the cash discount line .
Please advise what could I do to avoid posting error and throw some light on Cash Discount procedure.
Thanks In Advance,
Payal

You may also want to check whether there is a tolerance day specified in FBZP, on the same screen where you would check Max cash discount or tolerance group in master data, where grace days are allowed for discounts.

Similar Messages

Cash discount in APP F110

Hi,
When I am processing vendor payment through Automatic payment transaction (F110), system is calculating vendor payment net of cash discount though the payment is overdue. For e.g., due date is 10th July 09, but I am processing payment 15th July, even in this case cash discount is being deducted out of payment made to vendor.
In FBZP we have not checked maximum cash discount. Even then why system is calculating cash discount for overdue payment.
Regards,
Nagaraj

You may also want to check whether there is a tolerance day specified in FBZP, on the same screen where you would check Max cash discount or tolerance group in master data, where grace days are allowed for discounts.

Maximum cash discout in APP

plaese send me
What is maximum cash discount in APP?

Hello
Cash Discount Strategy
Use
When configuring the payment program you can always set up one of the following strategies for outgoing payments:
·        Make payments with the highest possible cash discount.
·        Make payments as late as possible even if this means losing cash discount.
·        Make payments according to a strategy which is somewhere between these two extremes.
If the highest possible cash discount is desired, flag the field Max. Cash Discount:
If you have specified a minimum percentage rate the payment program settles items only if the discount percentage rate entered can be reached in the current payment run. If not, payment is made when the amount is due net. If you wish to make payment as late as possible, enter 99 percent as the minimum percentage rate (during payment program configuration). This determines that payments are always made net.
You can also use the minimum percentage rate to define strategies that lie between the two extremes (maximum discount or due net).
Reg
*Assign points if useful

APP ERROR FOR CASH DISCOUNT PAYMENT TERMS

Hi,
I am facing problem in F110 - APP run for cash discount payment terms. The error is "Error in creating the payment document". Suggest a suitable solution.
Shripad

Dear,
This problem is often cause due to changing payment term in the document. Use transaction FB03 enter the invoice document got Environment>Document changes. If you see the payment term has been changed then restore the old payment term into the document.
Regards,
Chintan Joshi.

How to rounding the cash discount at F110 payment program

Dear All,
Can you explain me, how to rounding off or rounding up to nearest rupee the cash discount at F110. In APP, the cash discount used to be calculated according to Payment term. But it is calculating decimal amounts also. But as per the business requirement, the cash discount should be deducted in rupees only. It should not be in decimals.
Please remember, cash discount can not be edited at APP, because I have disabled the "Edit Proposal" option. I want the rounding the cash discount to be initiated through configuration only.
Request you to help me out.
Regards,
Venkata Reddy

Hi,
maybe T-Code OB90 is helpful but I guess this setting is not only for cash discount.
Best regards, Christian

Reg: material cash discounts

hello friends,
I understand that cash discounts taken from vendors will do settings in OBXU, OBB8.
for MIGO cash discounts where we do the cash discount configuration, is that in OBYC, if so let me know the transaction we use for that.
i knew that for cash discount G/L account we select the post automatically setting in FS00.
actually user posting MIRO transations, with payment terms as 2% discount for 10 days later that full payment, and baseline date is taken as document date in OBB8.
but after 10 days also system is calculating discount for MIRO transactions.
Please let me know in this regard.
Thanks,
HK

Hi
Calculating discount after the due date is may be due to the no. of grace days mentioned in the Grace days due date field under Specifications for Clearing transactions Tab in OBA3 Customer/Vendor Tolerances. Remove the no. of grace days mentioned from the field and do manual clearing to avoid discount after the due date.
Grace days are Number of days by which the payment deadlines may be exceeded when manual payments are made. In the payment entry facilities, the grace days are added to the payment deadlines. This means that the system will accept cash discount deductions and net payments even after the original deadline. If the days in arrears are displayed during open item processing, the system reduces them by the number of grace days.
(OR)
Calculating discount after the due date is may be due to the no. of tolerance days mentioned in the Tolerance days for payable field under Cash discount and tolerances Tab in OBVU (FBZP-All Company Codes-Maintain Payment Program-APP Configuration). Remove the no. of tolerance days mentioned from the field and do automatic clearing in F110 to avoid discount after the due date.
Tolerance days for payables specifies the number of days by which the cash discount periods and period for the due date for net payment may be exceeded. When determining the due date, the system adds the number of days specified here to the dates. Payment is then sometimes made after the exact date in the terms of payment.
Thanks
Naresh K.

Cash Discount Calculated for One Line Item and not for Other

Hi All,
We have devloped a Z program which is used to Write of InterCompany AR and AP recon Account to another GL Account. In this program to clear line item we have created a BDC which calls t-code FB05. Thsi program is running perfectly fine for all company codes.
There is new company code SG20 for which it is not clearing the line items. It has created a Session in SM35, when we analysed the seesin we found that for some line items system is calculating Cash Discount and for some other line items it is not but the payment Term is same for all the douments with 3% 14days.
I need your help in understanding that why for some line items system calculates the Cash Discout where as for others it is not calculation..also the Posting Date is same for all the documents.
Please advise what could be the reson for this.
Thanks!
Regards,
VIvek Srivastava

Hi
Cash discount is calculated based on the combination of baseline date and payment term conditions.
Hence please check the baseline date for all the documents, in which the cash discount is not appearing.
In your case, the possible reasons could be that 1) baseline date is different between these documents or 2) payment terms cash % is manually modified in the line item of the documents.
Regards

PMT Terms with Cash Discount

FI Experts,
I created a new payment term with a 1% discount if paid whithin 10 days. Can some one give me some steps as to what else needs to be configured in order to have this difference deducted at the time of payment run. I know have to set-up an account but not sure what fields I have to check in order to make it work.
1- Create new payment terms
2- I defined a G/L account for cash discount
Can some one tell me when I set-up the account if I have to set-it up a certain way? in FS00.
Thank You for your help.
Edited by: Frank on Feb 9, 2009 10:42 PM

Good to know that it is working. When you maintain payment term in vendor master, it SHOULD get defaulted when you perform FB60 for that vendor in that company code. Payment term for vendor cannot be maintained in General Data section, it is in Company code segment. Are you sure you are performing FB60 for the vendor in the company code in which you maintained payment term for that vendor in vendor master record? Please recheck. Also, if you have payment term in Purchasing Organization segment in vendor master record, it would not get defaulted in FB60. Here is what SAP help says on payment term field in vendor master record.
In most business transactions, the system defaults the terms of payment key specified in the master record of the customer/vendor in question.
In some transactions (for example, credit memos), however, the system does not default the key from the master record. Despite this, you can use the key from the customer/vendor master record by entering "*" in the field.

Not able to post vendor payment in case of Cash discount received

Hello
We are on SAP ECC 6.0
I'm not able to post an outgoing payment through F-53 T code when cash discount is received from vendor due to early payment before due date.
I get the following error message -
Tax code V0 for country IN has been deleted or incorrectly changed
Message no. FS201
Our tax calculation procedure is TAXINN and we are an indian company in India.
GL account for cash discount received is already defined in OBXU t code for SKE transaction key tax code wise.
V0 tax code is defined through FTXP.
I'm able to display correct cash discount amount and cash discount % when i click on select process open item in F-53 after entering document date; posting date; company code; currency; Bank GL A/c; Amount (Net of discount); value date and Vendor Account.
What am i missing? Why am i not able to post vendor outgoing payment?
Is it possible to post cash discount received to the credit of Stock / Inventory Account as quantity received is not consumed or quantity is lying in inventory?
Thanks.
Vimal

Hello Chintan
I have assigned GL A/c in OBXU t code with and without reference to tax code.
Still, i am not able to post outgoing payment when cash discount is received as i am paying it before due date.
Cannot i take credit of cash discount received to Inventory / Stock Account?
Is cash discount received always posted to non-Inventory / non-stock GL Account?
Thanks.
VS

Clearing issue Incoming payment due to Cash discount ( customers)

Hello,
During processing automatic incoming payments the system don't clear the customer open item in case the customer has taken a cash discount.
The clearing should be done automatically in the posting area 2 but now the the user needs to do manual interventions in the FEBAN in order to clear the customer
We checked the payment terms and verified the discount taken by the customer and they are ok
After investigation we guess that the original SD invoice don't send the Discount amount and Discount base amount to FI, because we saw that those fields are empty in the FI document (RV),
Also in Billing the Cash discount base field in empty...
When i tried to create a manual customer invoice those fields are well filled in and the system clears the customer open item perfectly !
Any one an idea how to fix it ?

Hello,
Thanks for your feedback but the issue is not solved.
Is there difference in clearing behaviour in case the open item posting is orginated from a SD invoice ( Billing) because as stated before, when I make a FI sales invoice (FB60) the system perfectly accepts the cash discount and post and clears in postingarea 2
Also when I consult the open item position (FBL5N) the cash discount amount field is empty which is not the case when I post an FB60 invoice
Summarized
We are usiing the automatic bank statement program ( FEBC), during posting the system post perfectly posting area 1 (FEBP) but fails the post postingarea 2 ( the system makes a payment advice) the message the system generates ' Difference to large for clearing F5263'
Many thanks for help

Cash Discount in absolute value, not in %

Hello Friends,
I have a scenario with respect to terms of payment, where the customer is entitled for a cash discount of Rs.100 per unit if the invoice is cleared within 7 days from the date of invoice, Rs.75 per unit within 14 days & Rs.50 per unit within 21 days with total credit period of 45 days.
The problem I'm facing is that in the Terms of Payment configuration (transaction code OBB8), I'm able to store the cash discount in % and not in absolute value (field "percentage" under the "Payment Terms" heading in tcode OBB8).
Request your suggestion at the earliest.
Thnx & Rgds,
Padmanabhan

Hi,
The CASH DISCOUNT will be given based on the Payment terms with the CONDITION TYPE.
In the Standard the CASH DISCOUNT condition types are SKTO & SKTV.
If you are using the same condition types, change the CALCULATION TYPE for these condition types in V/06 to B ( which is fixed amount) and try.
Hope it will solve your requirement.
regards,
santosh

Payment Term - Cash Discount

All,
I think that I have an easy question, but just wanted claridifcation.. I need to create a new payment term with a simple cash discount - just 2% if paid in full within 30 days and if not, no cash discount. Also, this is just for purchasing vendors.
Within configuration with the payment terms, is the following correct for what I need to do:
Term 1. 2%   30 Days
Term 2. 0%   30 Days (note, that I would leave the percentage field blank for this second line).
At first I thought that I only needed the first line for it, but after reviewing other posts on this topic I have seen that I would probably need the two terms. However, I am unsure if I need to do anything with the Fixed Date and / or Additional Months field. Or, if what I have listed above should be correct.
If you could provide any assitance, it would be much apperciated.
Thanks!

Okay, thanks!
But just to clarify - the net due date is actually 30 days, and they offer a discount if we pay it within the 30 days - so basically if we pay it on time, there is a 2% discount!
So setting it up it would be:
2% 30Days
       30days
Correct?
Thanks for your quick reply!

F-53 and F-28, Customized columns for cash discount and %

Hi Expert,
With reference to the subject of: Customized columns for cash discount and % ...
I faced the problem of not able to set / defined hidden column for cash discount and % by creating a new variant.
Steps:
Create a variant
Click <administrator> button ... mark the columns hidden, and click <activate> button
Then click <Save> button
Problem: Every time I using the F-53/F-28, the layout is not working, and when goto check the variant settings, the cash discount and % columns remained unchecked.
SAP version: 4.6
Kindly advise.
Thanks and regards,
sbmel

Hi JP,
It is not working using field status group, as I am using F-53 and F-28 and not FB50/60/70.
The purpose I want to create variant for screen after clicking <process open item> is to control column display (hide cash discount and %). if the variant is working, I can create a customized Tcode for the F-53 and F-28.
Now problem is that variant seem not working.
Thanks and regards,
sbmel

Purpose of Cash Discount field in Material Master

what is the purpose of Cash Discount field in Material Master. what does it control. do it link to SKTO anywhere?
please explain

Hi,
Cash discount is applicable for this material or not..
This is for Sales only..
Pricing Procedure (RVAA01) and if you activate SKTV and SKTO Condition types
Cash Discount can calculate before tax or after tax
Condition Type- SKTV(Statistical Condition Type)---If you check requirement is "14" which says Discount before Tax( This will calculate from the Filed Material master "Cash Discount Indicator" ie "SKTOF"
Condition Type-SKTO-(Statistical Condition Type)--
>Requirement "9" Discount After tax - here also it will consider filed "SKTOF" ie "Cash discount indicator in material master.
SAM

F-28 cash discount error

For making payment to the billing document from SD in f-28 t-code, we are getting the cash discount percentage but the cash discount amount is not displying even we specified the payment terms in Sales order creation. Even, if we specify manually the cash discount amount in f-28, its giving an warning message
ERROR : Cash discount-relevant amount is zero; check entry at the bottom left corner of the screen. When I click this warning, I get a pop-up screen with the same message and message no. F5073.
We have maintained the field status as given below:
Also check that in transaction OB41, Payment term is maintained as optional field in field status group Payment Transactions for posting key 31.
Also go to FS00 for the reconciliation account assigned to your vendor, the go to tab 'Create/bank/interest" and double click on the field status gorup.Check that in group Payment Transactions, the field Payment term is marked as optional field.)
And SD pricing for the material is also defined.
condition type : SKTO for the cash discount.
After doing all the abouve configurations, we are still getting the error,.
From FI side, we have no issues as it is giving the cash discount percentage and cash discount amount in f-28 correctly. and we are able to process the cash discount document, which gets generated automatically.
Only the problem From SD flow.
Regards,
Ketan

hi
check out this SAP Note
185223 Posting of cash discount paid without tax code

Cash Discount in APP

Similar Messages

Maybe you are looking for