Payment Terms Against LC (Letter Of Credit)
Dear All
I m Shujaat and i m facing problem like i have four products like Refrigerator, Air Conditioner Microwave Waterdispenser , and vacume cleaner. can i apply payment terms on them if yes then how bez client need is 2 %discount on referigerator , AC , Microwave , Waterpenser & Vaccum cleaner againt LC but they have 4% on AC also how can i handle this SAP plz give me the solution
Regards
Shujaat
Dear Shujaat
You have to create L/C in [VX11N] for the whole sale order value and the same should be assigned in Billing tab under header level where you can see a field [Financial Doc no]
With regard to discount, in V/06, create a condition type for discount (say ZDIS) and have the access sequence in V/07 with [table 305] (Customer / Material combination). Maintain the required percentage of discount in VK11. That is for customer XYZ and Refrigerator, 2% discount and for material AC 4% discount etc.,
When when you create sale order, only for those material you maintained discount, for that material only discount will flow. For remaining items, it will not flow.
Hope this is what your requirement is also.
thanks
G. Lakshmipathi
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Getting split payment terms in case of customer credit memo(Doc type DG)
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Dear Guru,
Problem 1:
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Problem 2:
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how we can archive this goal by using the standard functionality.Hi,
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Productwise discount against Letter of Credit.
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I m shujaat would u plz tell me that how can i give discount product wise against letter of credit like within 30 days 2% percent in referigertor a.c microwave water dispenser and vaccume cleaner but in air conditioner a 4 % discount within 45 days. how can i cater this problem in Sap SD
Regards
ShujaatDear Shujaat
Please dont post the same question twice. I have already given a suggestion. Please check this thread.
[Payment Terms Against LC (Letter Of Credit) |Payment Terms Against LC (Letter Of Credit);
Revert if you need any further clarifications.
thanks
G. Lakshmipathi -
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Hi all,
We have a business scenario where we create customer invoices on a weekly basis. The payment terms for these items are a certain payment discount if paid within 365 days. Included in these invoices are credit items which relate to refunds that are due to the customer.
Below is a scenario for Customer XXXX:
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In another example if I had the same invoices, but invoice 3 did not have any credit items involved, then it does ignore invoice 3 as
expected.
I need to understand why for the credit items within a customer invoice are treated differently in relation to payment terms.
Thanks
NatalieIn the customer master assign a different credit memo term than the payment term.
Try changing the credit memo term for 3rd Invoice as such it do not fall in your selection criteria. -
You cannot supply payment terms for your credit memo
Hi,
My req is as per below,
1) I would like to apply payment terms on credit memo screen throgu auto invoice creation.
When i tried to update ra_interface_lines_all.term_id then i got error message : You cannot supply payment terms for your credit memo
Can someone gudie me.How is it possible?
Thaks,
Raj
Edited by: RajPatel on Sep 23, 2009 8:33 AMHi octavio,
Thanks for your valuable input.
You are right and also I found from metalink...
Subject: 11.5-AR-How Can You Enter Payment Terms For Credit Memos
Doc ID: 249547.1 Type: HOWTO
Modified Date: 16-DEC-2003 Status: PUBLISHED
goal: How can you enter payment terms for Credit memos
fact: Oracle Receivables 11.5
fix:
Payment terms cannot be used in Credit memos. This is standard functionality.
The trx_date/gl_date of the credit memo transaction is the date which is
considered as the due date of the credit memos. This is the current
functionality.
Thanks,
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Payment by letter of Credit against Purchase order
When we are purchasing from Foreign Vendors , we need to open a Letter
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Any help will be highly appreciated.
Thanks and Best Regards,When we are purchasing from Foreign Vendors , we need to open a Letter
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Activities required to be updated against Purchase order :
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Thanks and Best Regards, -
Credit managment against payment terms and credit limit
Dear All,
I have two query against credit management
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2 Credit block with ref to credit limit given to customer, they want credit block with reference to open order.open delivery and open invoice. Means system will check all open order,all open deliveries and all open invoice while considering credit limit.and give the block accordingly.
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In OVA8, for the combination of credit group & risk category you maintain the following
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(2) CHECK against OLDEST OPEN ITEM with reaction C & TICK in BLOCK
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for example, block as per payments days,say if payment terms is 30 days and within 30 days customer has not made payment against invoice so sales order will be blocked.
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Letter of Credit for Vendor Payments
Hi All,
We are implementing ECC 6.0 Version.
The client requirement is to create Letter of Credit for Vendors and to capture data relating issue of Letter of Credit, Terms of Payment and Expirition Date. Against a Single Letter of Credit issued to a vendor client may receive more than one Invoice till the Expiry period of the Letter of Credit and Value. Further, client may also amend the Old Letter of Credit by extending the validity period or the value of the LC.
I know that we can create letter of credit through Special GL indicator 'L'. But it is one Letter of Credit to One invoice for clearing. How to map one letter of credit to multiple invoices and how we can capture expirition date of LC.
Further same vendor can have multiple LC opened against them for different projects. Please let me know detailed configuration steps.
Best Regards,
Bhargav.
Edited by: Bhargava Ram on Oct 3, 2008 3:40 PMHi,
Sorry i guess my question is not clear. It is not to link any LC with PO
The client will raise a single LC against any import vendor. Since these are large CAPEX related purchases, the vendor will send multiple invoices. The bank will adjust the LC against the invoices. Post adjustment the bank will send th advice to the company.
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Sembian -
Financial documents/ Letter of Credit and down-payment
Hi,
I try to map requirements from business against solution in SAP.
There is a scenario as follows, where part of the sales order is covered through down-payment. This should be exempted from Letter of credit value.
Example
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LOC value should be only >> 0.8 Mio USD <<
Is there a solution in SAP to this? What would need to happen to enable this?
Cheers
HeinHello Hein
Well, for your requirement you have to go development.
For this you can use No credit check in TCode OVA8 for Define Automatic Credit Control for your desired combination of Credit control area, Risk class & Credit group.
Where you have to write a requirement with help of ABAPer.
OR
You can take assistance of FI guy and looking to define Reconciliation Accts Without Credit Management Update
Where In this IMG activity, you can cancel the credit management update function for certain postings by posting to an additional reconciliation account; the reconciliation account without credit management update.
When you make postings to the standard reconciliation account, the receivables total within credit management is then updated, but those postings made to the reconciliation account without credit management update are not.
In Japan, various receivables that are considered certain to be received are excluded from credit management update, including:
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Hope this can assist you.
Thanks & Regards
JP -
Letter of Credit in Payment Due Date Calculation
Dear All,
I meet a case as following:
Sales Order A with 80% Letter of Credit
(L/C) payment (set in header condition) and 20% downpayment, with Payment Terms: L/C payment due
date is before a special date.
Question 1: If downpayment has cleared, whether user can see that a
record of downpayment paid in a Sales Order under SAP standard design?
Question 2: whether SAP standard desgin/configuration can set L/C
payment due date by a payment term? note: L/C is flexible depends on
different Sales Order?
Thanks for all your helps!Did you find a solution to this?
Is it possible to separate down-payment from rest of sales order - so Letter of Credit is only for the sales value minus down- payment?
SO value 1 Mio USD
Down-payment .2 Mio USD
LOC value >> .8 Mio USD?
Cheers
Hein -
How to make net due date dependent on Payment Terms in credit memo FB75
Hi Experts,
In our system currently when we create credit memo using tcode FB75 system makes the invoive due immediately.
We wanted to make this net due date dependent on payment terms given by us. Please let me know how can I achieve this..
Please let me know if there is any user exit there or the configration path to achieve this...
Regards,
VidyaHi,
"vbdkr-zterm. is nothing but Payment terms
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SELECT SINGLE * FROM t052 INTO w_t052 WHERE zterm = vbdkr-zterm.
IF sy-subrc = 0.
CLEAR i_faede.
MOVE-CORRESPONDING w_t052 TO i_faede.
MOVE: w_t052-ztag1 TO i_faede-zbd1t,
w_t052-ztag2 TO i_faede-zbd2t,
w_t052-ztag3 TO i_faede-zbd3t.
i_faede-bldat = BKPF-budat. "this is Importnat posting date
i_faede-koart = 'D'.
* Fetching Due date using Function Module
CALL FUNCTION 'DETERMINE_DUE_DATE'
EXPORTING
i_faede = i_faede
IMPORTING
e_faede = e_faede
EXCEPTIONS
account_type_not_supported = 1
OTHERS = 2.
IF sy-subrc <> 0.
ENDIF.
w_invdate = e_faede-netdt. "this field contains Net due date...
ENDIF.
Prabhudas -
Payment terms of the credit memo
Hi
When I create a normal credit memo, the credit memo payment terms are derived while when I create a credit memo against an MIRO document, the purchase order payment terms are derived. But even for the credit memo created via MIRO we want the credit memo payment terms to be derived. Is there any way we can set this up.
Request your help please.
Thanks
LavanyaDear Lavanya,
the system design reports the following two cases::
-With reference to purchase order
The system always proposes the terms of payment from the first purchase
order so that they can be changed in case of goods/service
With only delivery cost items, the terms of payment key is automatically
copied from the vendor master record.
-Without reference to purchase order
If the terms of payment key does not contain any value, this is copied
from the accounting view of the vendor master record.
Depending on whether you first create a purchase order with order
reference or first create an item without order reference, the terms of
payment are determined either from the purchase order or from the vendor
master record in accordance with logic described above.
I am afraid there is no other functionality avalible for defaulting the
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Can you please review SAP Note 322430 with regards to the payment
terms.
I hope this helps.
mauri -
Credit limit check and Payment terms
HI,
Is it possibile to enforce new credit limit check when the payment term is changed? Let's say that customer has "Immediate payment", and after few days wants to change payment term for "90 days payment term". In such case system should check new credit limit check on a sales order (va02). Could you tell me how to do that?
Best regards,
MKThanks, You were right. It runs well for the sales order with out delivery. After I create delivery in reference to this sales order and change payment terms in sales order there is no new credit control check.
Is there a possibility to run credit control check after a delivery is created?
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