Re : Payment Terms 40 days due on 10 th month

Needs Payment Term Configuration :
Payment Terms 40 days due on 10 th month
Regards
Chandu

Hi,
I presume that your requirement is 40 days due and payable on the 10th of next month.
Here is my suggestion with an illustration.
You can create a payment term, say xxxx, with -
day limit = 2
payment terms / fixed date = 10
payment terms/ additional months = 1
and another payment term, with the same name xxxx, with
day limit = 31
payment terms / fixed date = 10
payment terms/ additional months = 2
This will work as follows -
An invoice dated 1st March, will get paid on April 10th, due date having fallen on April 9th
An invvoice dated 2nd March will get paid on April 10th, due date having fallen on April 10th
An invvoice dated 3rd March will get paid on May 10th, as it will be only 39 days due on April 10th
An invoice dated 1st April, will get paid on May 10th, due date having fallen on May 10th
An invvoice dated 2nd April will get paid on June 10th, as it will be only 39 days due on May10th
An invvoice dated 1st Feb will get paid on April 10th, as it will be only 38 or 39 days due on March10th
As majority of the months have 31 days, I came to a logical conclusion that the day limit can ideally be 2. However, you can decide a date that best suits your requirement.
Regards,
Mike

Similar Messages

Payment Terms-Manual due date Input-Which field?

Dear Gurus,
I can observe an option at the payment terms of "no default" which means that payment due date has to be entered manually.Is there some field in the order or billing document where the due date can be entered manually.Kindly hep,thank you.
Regards,
Sam Ahmed

Hi
By making due date manual you want to give a free hand to end user for entering any date as due date. He might enter 30 days or 300 days and this is the reason payment terms are used. I don't know about your business scenario but in most of the cases due date is determined from payment terms.
If you want to make it manual then you can enter payment term with pay immediate and enter date in Fixed value date as suggested by Ravin or enter days in add value days field. System will take this date as billing date for accounting document and will calculate payment term days from here and if you payment term is pay immediate then this would be your due date as well.
Thank$

New payment terms with Due December 15th 2011

Dear All,
My business requirement is to create new payment terms with due date upto December 15th 2011 from the using of that payment terms,
Please suggest the step by step to create this kind of payment terms,
Thanks in advance,
Sridhar

Dear Sridhar Alleni,
For your requirement, i strongly feel that we will have to use more than one payment term.
Make following payment terms
(CLICK ON NEW ENTRIES OR COPY EXISTING PAYMENT TERMS AND MAINTAIN THE SETTINGS AS MENTIONED BELOW.)
PAYMENT TERM Z001 - DESCRIPTION : JULY TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 5
Z002 - AUG TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 4
Z003 - SEPT TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 3
Z004 - OCT TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 2
Z005 - NOV TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 1
Z006 - DEC TO DEC MID
Baseline calculation date
Fixed day : 15
Additional months : 0
Instruct the users/business to use the corresponding payment term during each month.
i.e, If its oct month, ask them to use Z004 and likewise.
Please check and revert back.
Also if you are able to solve this in someother way, please update.
Thanks & Regards,
Hegal K Charles

How to define payment term - Net due 45 days after month end

Anyone have experience of payment terms such as "Net Due 45 days after Month End"?
I'm trying to define payment terms where the amount is due X days after month end.
Terms such as 10 days after month end are OK because I can set "Months Ahead" = 1 and "Day of Month" = 10
However, I can't exceed a value of 31 in the "Day on Month" field. I could assume that a month is 31 days and therefore set "Months Ahead" =1 and "Day of Month" = 14. However, this won't always be true (depending on the month) and it will impact aging buckets.
Anyone encountered this before? (These payment terms seem to common in France and Denmark)

Hi Supriya,
In OBB8, create a new payment term with the following settings -
Default for baseline date = No default
Payment terms/Term 1/Fixed date = 1
Payment terms/Term 1/Additional months = 2
This payment term will ask you for a baseline date on document entry. You can give the delivery date as the baseline date. If required, this date can be changed after posting the document also.
Hope this helps.
Regards,
Mike

Payment terms - net due date same as credit days?

Dear all,
I need to set up a payment term with 20 credit days, 2%. Invoices should be due also after 20 days.
I would like the payment term to be set up as follow:
Term           Percentage           No of days
1.                2                           20
2.                                             20
The problem is that the system doesn't let me to set due date to the same number of days as the credit days.
We will have baseline date = invoice date for our payment terms, if that matters.
How could I acheive to have due date 20 days after invoice date (baseline date) and deduct 2% cash discount the whole time?
Thanks and regards,
Helene

Hi,
Please create a payment term as below, if your requirement is "I need to set up a payment term with 20 credit days, 2%. Invoices should be due also after 20 days"
Term           Percentage           No of days
1.                2                           20
2.                                             21
In case your requirement is to give 2% discount if paid within 20days and due net after that:
Term           Percentage           No of days
1.                2                           19
2.                                             20
Hope this will solve your issue.
Thanks,
Kiran Yelamarthi

Debit memo(DR doc type) baseline date exceding the payment term days

Hi All
For debit memo I am facing a issue where my baseline date for a customer is showing more then the days specified in his(customer's) payment terms.
sales document category is DR and order is created for some customer xyz and payment terms of that customer is showing 0% UP TO 15 DAYS. But when I check it in FBL5n the Net due dt for that order is showing 180 + 15 = 195days.
What can be the reason, is it due to some enhancement or some routine or what , I am not able to figure out from where these days are coming for. I have checked MV45AFZZ , RV60AFZA and other exit s, I couldnt find any code which shows these added 180 days..
Guide me in finding out the source ot this, <removed by moderator>.
Thanks in Advance
Regards
Amit
Edited by: Thomas Zloch on Sep 30, 2011 3:46 PM

HI,
You may need to check the copy control settings between the debit memo request and sales document in transaction code VTAA.
Select the target document type and source document type, and click on the details (header level). Check the routine that is assigned for the field copying requirements for transfering business data.
The routine assigned may be copying the base line date from the source document. You may need to assign other routine or you may need to develop your own routine to resolve your issue.
Regards,

Payment Terms (Fixed Due Date)

Hi All,
I have a requirement where in I need to set up a new Payment term 123 as an installement payment term.
The payment term is divided as follows:
Payment Term A: 25% (Due Immediately)
Payment Term B: 25% (Payable on May 30)
Payment Term C: 25% (Payable on June 30 => Baseline date calculation: Fixed day: 30 additional months:1)
Payment Term D: 25% (Payable on October 30 => Baseline date calculation: Fixed day: 30 additional months: 5)
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Then corresponding payment terms B,C and D can be set according to the fixed due date(mentioned in condition type) in OBB8
But how do I capture the payment term A since it will be on the basis of Billing date and not fixed due date mentioned in condition type.
Also, please suggest an alternate approach in setting up the above payment term 123 and if any ABAP effort is also required.
Thanks,
Aruna

HI,
You can use the custom development for it:-
(A) For FI Documents:-
Use FI Substitution in OBBH with exit.
For field day1 (BSEG-ZBD1T) and baseline date (BSEG-ZFBDT). Here check the baseline date for October?
Your ABAPer can code this.
(B)For SD Documents:-
Use user exit EXIT_SAPLV60B_008.
This exit has table ACCIT which also has same fields Day1 and Baseline date. Follow same logic mentioned above.
Regards,
Gaurav

Defaulting Payment Term & Determining due date

Dear All,
We are using the substituions to default the payment term to ZS28 for document type ZO.
In the transaction FB60 after entering the document date and other details, If I click on the payment tab the payment term is being populated correctly as ZS28. But the no of days and due date are being populated incorrectly.
I am trying to update the field BSEG-ZBD1T in user exit of the substitution, but this values is being overwritten before displaying in no of days.
For example I'm having base line date as: 03.08.2011
I am setting the field BSEG-ZBD1T = 25 in user exit, and I have to get the due date as 28.08.2011.
But the field BSEG-ZBD1T is modifed to 1 by the program and due date is displayed as 04.08.2011.
Please help me to get the correct due date and no of days.
Regards
Rakesh

Hi All,
After updating the value in user exit, the value of the field BSEG-ZBD1T is being modified by the form 'EXP_TAB_009_BSEG' in program 'GBTAKFI0' .
Because of this I'm unabel to claculate the actual due date. Pls help on this.
Regards
Rakesh

Question about Payment term and due date

Hi experts,
I encouter a question about payment term:
I have the payment term ,the baseline date,document date and posting date.How can I get the due date??Is any SAP function module can calculate the due date?
Thanks a lot in advance.
Villy.Lv.

Hi guys,
we can use this FM FI_TERMS_OF_PAYMENT_PROPOSE to get the Days for net due date and add it to base line date,then we get the due date.
BR and thanks a lot.
Villy.Lv.

Payment Terms, Invoice Due Date

Hi,
I've got to set up a new payment term in our system. The requirement for this payment term is:
A)     The invoice due date is either, whichever is the later of:
i)     The 12th day after the day on which the invoice document was deemed to be received : and
ii)     The 20th day after the last day of the billing period to which the invoice document relates.
I don't know how to configure this, can anybody help?
John

Hi,
do you mean net due date or document date In order to have days after?
you can do it defining in OBB8 baseline date (document date) and No. of days (12th and 20th)
Let me know if it is your case
regards

Payment term net due date as 15th of month

Hi Tea,
I have created a payment term Z005 for net due date is 15th of the month, while doing testing I found that it's calculating wrongly, while posting the invoice I have given the document date as 10th of April, for this net due date is calculating as 15 of April, it's correct if i give the document date as 18th of April, for this also system is calculating the net due date as 15th of April it's wrong, it should calculate as 15th of may.
Can you please help me to fix this one?
Thanks
Nenu

Hi Nenu
You should use day limit in term of payment.
As per your concern bill enter upto 14th of the month net due date will be 15th of the month, and bill enter between 15th to 30th, due date will be 15th of next month.
T Code - OBB8
New entry -
pmt term - Z005
Day limit - 14
Fixed Day - 15
save
back
New entry
Pmt term - Z005
Day limit - 31
Fixed day - 15
Additional months - 1
Save
Thanks
Nakula Das

Payment Terms Day Limit

Greetings to all FI experts,
I would appreciate your feedback on this. Currently, we are planning to change the day limit for one of our payment terms ( Tcode - OBB8 ) from 30 to 0. My concerns are what are the forseeable impact of this changes in day limit. Whether it will impact on the due dates or other settings ?
Looking forward to your reply. Many thanks in advance.
Warmest Regards,
Edie

hi,
the impact will be, that the due date is equal to the Baseline date for due date calculation: ZBD1T = ZFBDT
->master data with that payment terms have to pay immediately
A.

Instalment payment terms and Due date

Hello
Can i have some comments on how the due date will be calculated in case of instalment payment terms.what is the configuration needed.Can we get the discount for each instalment if we pay in advance i.e before the due date.
with regds
RAJA

Installment payment terms is basically one payment term linked to other paymnet term(s).
If you split it to 3 lines, each of the 3 lines will get the payment term assigned for that line.
E.g. you will configure as follows: (obb9)
Inst Pmt Term Inst     %       Payment term
0001                  1     20              AAAA
0001                  2     30              BBBB
0001                  3     50              CCCC
If you post an invoice (of say 1000) with the pmt term 1, it will split to 3 lines
Line         Amt            Pmt term
1             200                AAAA
2             300                BBBB
3             500                CCCC
All the terms created for AAAA BBBB CCCC will apply to these lines.
Praveen.

Payment terms and Due date field gets emptied after residual clearing

Hi
There is advance of Rs.50000 in Vendor ledger and Invoice of Rs.200000 (with payment term - G019)
I cleared these two line items (residual clearing). One new line item got created of Rs.150000. When i saw that line item, i saw that there payment term field and due date field got emptied. My requirement is that the original payment term entered in initial invoice document (of Rs.200000) should automatically get populated in new line item of Rs.150000.
How to fulfill this requirement?

Thanks for the prompt reply.
I wanted to ask one more thing. Same way when i do partial clearing (not residual), is it possible to populate the invoice's due date in advance line item. One link is that my invoice reference gets populated advance line item. So i want due date (not payment term) also to get populated in advance line item.
Please help.
Edited by: Deepak Agrawal on Jul 29, 2011 11:43 AM

AR Payment Terms/Invoice Due Dates

I need to be able to have a search that can search for invoices that have a specific payment term and are due within a certain period of time. (ex: all invoices with Net 30 payment terms that are due within the next two weeks). I have tried the collections>account details screen but there is no criteria for payment terms. Any suggestions would be greatly appreciated.

You probably don't want to change the payment terms on existing invoices, unless there was a effective change date that was missed for changing the payment terms. You would have sent the invoice to the customer with the original terms and they would have entered it into their system with those terms. So not only would you have to change the due dates manually on your system, you would have to notify the customer somehow of these changes. That is why it normally is easier not to worry about existing invoices and just let the payment terms start showing on new invoices. Makes any sense?
John Dickey

Re : Payment Terms 40 days due on 10 th month

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