Payment terms on partial payments

Hi Everyone,
Is there a configuration setting somewhere that copies the payment terms of the original invoice on to the newly created open item. I know for certain that the payment terms can be copied from original invoice on to residual items when paid as a residual payment and this can be done by checking 'Payment terms from Invoice'. So, is there anything similar for partial payments as well? or is that standard in standard?
Let me know.
Thanks in advance,
Kumar

Hi,
There is definetely a solution to your issue.
You need to
1. change the field status of posting key - 25 from suppressed to optional.
2. Write a subsitution rule for subsituting the payment terms with '*' whenever the document type is KZ.
This way irrespective of you doing a partial payment or residual or a full payment, the payment terms are copied from the invoice.
Caio
Raghu

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Modify Invoice Payment Terms after Partial Payment

Is there any way to modify the payment terms on an outstanding Invoice once a partial payment has been applied to it? The Customer has partially paid the Invoice and we would like to extend the payment terms for the remainder of the Invoice balance. The Invoice had been initially create with the default 1 Installment. If there were a way to increase the number of Installments, I expect we might be able to assign different terms to those additional installments.

I am afraid not. If this is allowed, the data consistent will become difficult.
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Can we configure a payment term for advance payment thro OBB8. it says that customer needs to pay us in advance.
If yes, how do we configure this.

the accounting document is created after a delivery for a customer invoice via billing.
i believe there is an option in SD where you have an extra tab for payment. Once the payment has been received, i.e. entered into the sales order, the delivery can be made.
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We need to decide between implementing residual payment vs. partial payment. We will be implementing payment processing.
I would like to understand why one would choose one method over another?
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I would like to understand the benefits & limitations of each method.
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Hi,
In manual processing of incoming payments, it is of course the user who can make the decision to either make residual item, or a partial payment.
In automatic processing of incoming payments:
For electronic bank statements, payments that the system cannot match with open items will end up in post-processing; there the user can again choose either residual item or partial payment.
For electronic payment advices, I know that there is configuration to match customer information for payment deductions in the payment advice, with you own reason codes, and that based on the information the system can create the residual items automatically. Of course, this is only relevant if your customers actually send you electronic payment advices with such information included.
Regarding reason codes, you will always use reason codes with residual items; to indicate the reason for deduction for follow up in your A/R dept, and possibly to make use of the automatic write off (you can configure reason codes to automatically write off the payment deduction to some G/L account of your choosing; you would use that e.g. if the payment deduction is too small to bother).
For partial payment, you could use reason codes I guess, if you want to in that way mark the item for some reporting or follow up purpose.
Regards,
Rob

Creation of payment terms on for payment on instalment basis trans OBB8

Hi
I have a few doubts in creation of payment terms
10% - advance payment - 60 days invoice date
65% - on shipment of goods - 60 days invoice date
20% - on receipt of final documentation - 60 days invoice date
my doubt is do i need to consider remaing 5% as discount and as a instalment . for exam
if 10% advance is 30 days invoice date and other 2 are 60 days how should i consider it
Waiting for your valable suggestions
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Medha

Hi,
I think you can create the three payment terms as below in transaction OBB8:-
1000 for payment of 10%
2000 for payment of 65%
3000 for payment of 25% (With discount of 20% (5%/25%*100)
Then link these payment terms to a installement payment term 9999 in transaction OBB9.
(Note:- You can change the payment term name instead of 1000, 2000, 3000, 9999.)
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Query to check BP Payment terms and Document Payment terms

Hi All,
Can any one help me to create an approval query to check the BP payment terms and Document Payment terms are same or not?
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but when we copy any previous document into invoice it calculate the Due date as per previous payment terms. so we need an query to check wether the BP payment terms and document Payment terms are same or not? if it is different they it should ask for authorization from manager or else the document should be saved.
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Hi
I will test this and will let you know if it works or not?
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Payment terms for advance payment scenario

Dear All
payment terms have to create like we have to pay as 50% advance against order & balance 50% against on proforma invoice.
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Lakshmi

Hello,
In SD there can be 2 ways by which you can handle this.
A. Billing Plan
Maintain 2 milestones at the sales order.
1. one milestone with Terms of payment Z002-50% advance against order
2. other milestone with another terms of payment Z003- 50% against on proforma invoice
B. relevant terms of payment
In OBB8 maintain 3 payment terms, say
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Z001___1___50.000___Z002
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i hope this can assist you.
Thanks & Regards
JP

Payment terms should calculate Payment due date based on working days

Hi Experts,
As we know that standard SAP calculates Payment due date= base line date + number of days maintained in payment terms. In this payment days are considered as calendar days and not the working days.
Example: If base line date is Thursday, payment terms says 3 days then payment due date is calculated as Sunday ( which is not a working day as per the factory calendar I use). The requirement is that payment date should be calculated as following Tuesday considering Satuarday and Sunday are not working days as per the calendar.
Can you please suggest how can we achieve this?
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Ravi

You can not acheive from config pooint of view but you can use BADI and get the solution
use BAdI MRM_PAYMENT_TERMS to set terms of payment
You can use this Business Add-In to change the following fields for the
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o ZFBDT: Base date for due date calculation
o ZBD1T: Discount days 1
o ZBD1P: Discount percentage 1
o ZBD2T: Discount days 2
o ZBD2P: Discount percentage 2
o ZBD3T: Deadline for net condition
o ZLSPR: Key for payment block

Payment terms in automatic payment process

Dear Experts,
Can anyone tell me,how to make it sure,payment terms assigned in documents are not considered in automatic payment process.Per example,If one pyment term is of 15 days due net,it will not allow us to make the payment before the due date.
I can assign payment terma immediately due net in the vendor master.This is the secondary thing.If already we have end number of documents posted with the payment term with 15 days due net,then how to go about it.Now there is an option of changing it manually one by one,which is tedious.
Please advice
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Partha

Hi,
From FBL1N, you can chnage the baseline date through MASS change option.
From FBL1N, select the documents for which you want to chnage the terms. Click on the Mass Change icon. From the pop up screen, input a baseline date as required and execute. All the documents will be updated with the given baseline date.
For example, if you give a baselline date of 30 days back, the invoices (with 15 days payment terms) will fall due immediately as of today.
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Payment term issue "error payment term is not defined"

I have created a new payment term, and incorporated in customer master and created sales order . payment term is getting populated in sales order with an error "payment term is not defined". Please help to resolve.'
David

There can be many possibilities for this error, in tcode OBB8,
- the terms of payment is not marked for customer.
- date limits are not mention properly.
- if the installments are not config properly
Or
Try it putting manually in to the sales doc.
If problem persists, take assistance of FI team member to sort out the error.
Also, refer following SAP Notes:
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- 1180397 enterprise SOA conversion/Supplement to Note 117317
- 311514 No payment method for installment terms of payment
- 649567      EDI: incorrect baseline date for payment
- 208023      Posting bill doc ->FI:incor cash discount rate used
- 391939      Entries ignored with warning messages in sales document
Thanks & Regards
JP

Maintaining payment terms for Installment payments

Hi;
Kindly let me know how to create payement term record for more than 4 installments.
As in STD. 3 installments we can maintain.
But how more than 4??????
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avinash

Hi Avinash,
you can use T. code OBB8 & OBB9 to create payment terms for installment planning.
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I need some help on this.
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Let's say at the time of second payment (After 1 month), customer credit card is expired, our CC validation will fail (CC validation program) and we will not be able to get the payment.
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Payment terms for Invoice plan

Hello All,
I've a Partial Invoicing plan for my equipment purchase. The first milestone payment is along with Purchase order. Means need to pay immediatly.
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Hello.. Thanks for your feedback.
But in IV, normally due date is calculated from baseline date. Base line date will be defined by IV creation/posting date (Based on IMG setting). So by making the START Date for invoice Plan as Past Date will not work.
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Vendor Payment Terms config for 30%advance 70% after GR

Hi Guys,
How to configure Vendor Payment Terms for " Vendor Payment Terms config for 30%advance 70% after GR "
Please suggest your expert comments.
Thanks in advance.
Regards,
Jackie

sappassion2011 wrote:
Hi Guys,
>
> How to configure Vendor Payment Terms for " Vendor Payment Terms config for 30%advance 70% after GR "
>
> Please suggest your expert comments.
>
> Thanks in advance.
>
> Regards,
>
> Jackie
Hi Jackie,
Do them in trxn OME2
Regards
Shiva

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Hi All
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Thanks in advance.
Harsh

HI,
There is a Quality Block (Block.reason: quality) check Box active in the MIRO,untill we have cleared the Stock from quality inspection.
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EXIT_SAPLMRMP_010-ZXM08U16-----MIRO
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Anjanna.

Payment terms on partial payments

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