Additional Payment terms
Dear's,
How to get additional payment terms data from the customer master data. Kindly let me know the tables or any other way to get the details. Thanks !
Edited by: Mohammad Irfan on May 28, 2011 7:25 PM
Thank for your reply.
My questions was to find out all the additional payment terms assigned in the Extras on top under classification in the customer master data. Not the default Payment term assigned in the sales area data, billing Tab. Thanks !
Edited by: Mohammad Irfan on May 29, 2011 9:50 AM
Similar Messages
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Dear All,
We have created some additional payment terms. During the document posting, by mistakenly the users were selected different payment terms which is not relevant.
Instead of deleting those unused/irrelevant payment terms, we would like to make a block for those unused and irrelevant payment terms.
I request you to all, please provide your valuable suggestion that how we should make to Block the irrelevant payment terms.
Regards,
RanHi Ran,
If you view the F1 help for the field ZSCHF (default value for the
payment blocking key) in OBB8 you will see the following
'When entering postings to a customer or vendor account for which the
terms of payment key displayed has been entered in the master record,
this blocking reason is proposed together with the terms of payment.
If you enter the terms of payment key later in the line item, the
blocking reason originally entered has no effect.'
In other words, if you manually enter the payment terms in a invoice
line item instead of allowing the system to take the terms from
the vendor master, the payment block key and payment method will not
be taken from OBB8.
Please, consider the following info about the Payment Block:
Block key used to block an open item or an account for payment
transactions. The block key can be used as follows:
1. During automatic payment transactions, the block key affects open
items if it is:
Stored in the master record or Entered in the document.
If you enter the block in the master record, the exception list will
include all the open items for this account. The block keys '*' and '+'
are of special importance and function as follows:
-If the * block key is entered in the master record, none of the items
in this account are included in the automatic payment process.
-If the + block key is entered in the master record, only those items
for which a payment method is explicitly defined are included in the
automatic payment process.
-The "A" block key also has a special function: It is generally set
automatically when a down payment is entered. For this reason, you
should neither delete the "A", nor use it for other purposes.
A block key can be set or deleted during payment proposal processing if
you select the option Change in payment proposal permitted.
2. The block key in the document will affect manual payments only if you
have selected the Blocked for manual payments option for the block key.
The block key you set in the master record has no effect on manual
payments. However, it is possible to make system settings so that a
warning is shown, explaining that this is the case. You do so by
customizing message 671 in work area F5 in the message control.
3. You must select the Not changeable option for the block key that is
relevant to payment release in financial accounting.
I hope this information can help you.
Best Regards,
Vanessa. -
Payment Term with fixed 10 days addition.
Hi,
I want to have a payment term KM00 which says "at sight".
But internally i want system to give a 15 days grace to customer. So for example:
If i post a entry today with Payment term KM00, it should give net due date 15 days after.
Plz suggest what needs to be done on Payment term configuration.
regardsOK leave the baseline date.
Against the payment terms "No of days " field enter 10 days
Therefore the due date will be 10 days after the baseline date, which you need to define to be either the entry date, posting date or document date.
Hope this helps
Award points if useful. -
Hi,
I need to create a payment term for invoices dated from the 25th of the prior month through the 24th of the current month, payment is due in full (net) by the 25th of the next (proximo) month. e.g. Invoice range 06-25-2010 to 07-24-2010 due in full by 08-25-2010.
Please help me on this.
Rosalina GaitWith the same payment term you can define 2 different due date calulation based on the day limit. Please do F4 on the "Day Limit" field.
In you case, enter 24 in the day limit, and enter additional month "1" and Fixed date "25", and another one( for the same payment term) without day limit "empty" and enter additional month "2" and Fixed date "25".
If the "empty" day limit doesn't work, then please try with "31" as day limit. I don't remember the exact setting but the logic will definitely work with day limit
Thanks
Ron -
Hi All,
We need a payment term configuration in FI as follows.
Invoice date plus No.of grace days plus end of month (that means we have make payment on the last day of month where the last grace day falls in that particular month)
Thank in advance
JaganHi
You can have base line date calculation as 30 days from invoice date and then payment due on the month end in the month base line date is calculated.
Create a new payment term, enter the base line calculation as additonal months 1. Default date for base line date as document date or posting date as per your choice. In payment terms fill discount terms by entering fixed dates in 1st and 2nd fields , in third field enter the fixed date as 31. Then base line date will be calculated as 1 month after invoice date and payment will be due by that month end. You cannot have 45 days because additional months cannot accept it as 1.5 months.
Thanks -
Hi, All. I met a issue.
What's the relationship among payment terms in verdor master data, purchsing info record, purchase order, contract...
To view go to the info record and click on -> conditions->additional data there is area for payment terms...
I am also confusion i have maintained payment terms in vendor master data but it does not populater in the purchase order automatically. why?
Most people said the payment terms is usually defaulted from either vendor master or from contract/outline agreement. What is prioity? Unless it is set through configuration that the payment terms be set as mandatory? How to do the configuration for this?
From my testing, the value does not default and must be manually entered.
Please let me know the answer if you know. Thanks in advance!Hi,
If you use vendor partner functionality, payment terms are inherited:
Contract/Outline Agreement inherits Payment Terms from VN (not OA partner)
C-release inherits Payment Terms from Contract/Outline Agreement (which is from VN)
Normal PO inherits Payment Terms from VN (not OA partner)
Invoice inherits Payment Terms from PO (not PI partner)
Non-PO invoice inherits Payment Terms from PI partner.
If you don't use vendor partner functionality, just treat abouve VN, OA or PI as vendor master.
Hope this helps.
JM -
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! -
Re : Payment Terms 40 days due on 10 th month
Needs Payment Term Configuration :
Payment Terms 40 days due on 10 th month
Regards
ChanduHi,
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 -
How to set-up Payment terms greater than 10 years
We have payment terms that go beyond 10 years. In the configuration of the payment terms, the "Additional months" field (V_T052-ZMONA) only contains 2 characters. 10 years * 12 months = 120 months which is already 3 characters long.
Anybody know a way of how to set-up payment terms which is greater than 10 years? Any user exits?
Appreciate any help!
DGE
Edited by: DGE on Jan 3, 2008 5:43 AMHi Amlan Sarkar,
I went through IMG: Financial Accounting (New)> Accounts Receivable and Accounts Payable> Business Transactions> Outgoing Invoices/Credit Memos> Maintain Terms of Payment.
Now for me to configure Payment terms up to year 2018 (for example); i need to enter in field "Additional months" value = 120. 120 is 10 years * 12 months, since receivables for the year 2018 is 120 months from the current date.
How the "Additional months" field is only 2 characters long. Therefore I am unable to enter the value 120 which is 3 characters long.
Any ideas on how I can configure this?
Thank you. -
Payment terms Configuration for customers - Billing Documents.
I would like to configure payment terms as follows:-
Z010 : 10 days credit.
System should calculate 10 days from the document date.
In FBL5N it should calculate and shown in "Net Due Date" accordingly.
Eg. document date : 2.7.09. Net due date should be : 12.7.09.
Z045 : 45 days credit.
System should calculate 45 days from the document date.
In FBL5N it should calculate and shown in "Net Due Date" accordingly.
Eg. document date : 1.7.09. Net due date should be : 15.8.09.
Please provide some solution.Hi,
GO to OBB8 Transaction and create new Payment terms
Give the following parameters
1) Give Payment terms -Z001
Give test as Net 45 days/10 days
Day limit -0
Choose Customer and vendor check box
FIxed Date and additional Month - 0
Dont choose Block key and payment Method
Default Base line as Posting date
Terms - 0% - 45 days/10days and save
then Post the Transaction and check in FBL1N/5N.
Regards,
Padma -
How to see (net due date + payment term's days) in fbl5n as a date
hi experts.
i need some informations about fbl5n fields
i can see net due date and i can see terms of payment fields in the fbl5n but if the invoice has a payment term (30 day additional etc) i want to see (net due date + payment term's extra days) . for example if the net due date is 01.06.2011 and payment term is extra 20 days , how can i see 21.06.2011 in fbl5n or any other sceens?
Edited by: Burak Akdasli on Jun 22, 2011 3:43 PMHi
I understand from ur question whats the billing date?
If this is ur question, you can fetch it from sales order>item>billing tab.
The logic u had mentioned is confusing be more specifc as to what scenario u are trying.
Reward if it helped
Chandru -
Final price of the Sales Order calculation on payment term
Hi,
Out Business requirement as follows.
1) one ZNAP pricing condition will be maintained by the monthly wise by business for pricing. this is a statistical condition only checking at sales order level only. this condition will check with Final price of the Sales order.
Now the requirement is
1) based on payment term of the Sales Order. plus if its a credit payment if the its CASH payment. these deduction should be added to ZNAP condition, and same will calculate with Final price, while creating Sales order.
For Example:
ZANP condition maintained 1000 USD.
while creating the SO:
If the payment term of the customer: PT30, ( it means payment with be in 30 days of the bill creation date)
system should do the below calculations
1) Scenario
Sales Order: Final price : 1500 USD( maintained by the Sales User while creating the SO)
ZNAP price : 1000 USD
according payment term 30 days 20 USD ( as per table maintenance for calculation of the payment term.)
Calcuation: 1000+20= 1020 (approximate need to add as interest rate)
Then final it should display final price 1500-1020= 480 USD.
2) Scenario:
If the payment term Cash:
ZNAP : 1000 - 20= 980 ( approximately and deduct, from the condition due to cash payment its like discount)
calucalte" 1500-980= 520 difference
this purely internal pricing calculation with final price...
pl let me know how to get this in the pricing. and payment could be 30 days, 45 days 60 days etc.
Thanks.Hi M Sham,
I believe your requirement can not be met with Standard pricing and you will have to create Routines for getting this result.
From scenario I believe you will be doing below points:
You should Create Z-Table with Payment Term and respective rates against those payment Term.
You should create a statistical condition type(Ex. ZNP1) and create Calculation Type routine with Logic to get KOMK-ZTERM field and derive value from Z-Table and update XKWERT field.
Calculate addition of ZNAP and ZNP1 (With +ve or -ve Signs)
And then again make deduction of derived value from Finale Value.
Do let me know if I have misunderstood your question.
Regards,
MJ. -
Creation of new payment term - T.Code: OBB8
Hi All,
I got a requirement from my user to reate a new payment term as below.
Requirment 1. Spec 1-7th 7th 45days / 8th-21st 21st 45 days/else 7th 2 months
Requirment 2 Spec 1-7th 7th 60days / 8th-21st 21st 60 days/else 7th 3 months
Can you please sugget me, how to configure this in transaction OBB8
Thanks in advance
PrasadHi,
You need to create the payment term as below:-
Requirement 1:-
Payment Term = <ABCD>
Day Limit = 07
In the "baseline date calculation" box:-
Maintain fixed day = 07
In the "Payment Term" box:-
Maintain no. of days = 45
Payment Term = <ABCD>
Day Limit = 21
In the "baseline date calculation" box:-
Maintain fixed day = 21
In the "Payment Term" box:-
Maintain no. of days = 45
Payment Term = <ABCD>
Day Limit = 31
In the "baseline date calculation" box:-
Maintain fixed day = 07
In the "Payment Term" box:-
Maintain Additional months = 02
Requirement 2:-
Payment Term = <XYZZ>
Day Limit = 07
In the "baseline date calculation" box:-
Maintain fixed day = 07
In the "Payment Term" box:-
Maintain no. of days = 60
Payment Term = <XYZZ>
Day Limit = 21
In the "baseline date calculation" box:-
Maintain fixed day = 21
In the "Payment Term" box:-
Maintain no. of days = 60
Payment Term = <XYZZ>
Day Limit = 31
In the "baseline date calculation" box:-
Maintain fixed day = 07
In the "Payment Term" box:-
Maintain Additional months = 03
Regards,
Gaurav -
Calendar date & net due date (FI) PAYMENT TERMS - OBB8 Vendor Invoice
I read many posts on SDN forum about the topic.
Anyway, I didn't find a simple solution for that.
My aim is is to calculate a net due date based on working days.
So, If I've got a 30 days document days payment term ("Deafult for baseline date" = Document date ; Additional Months = '2'), a Vendor Invoice (document date = 12.05.2011), by standard net due date will be 12.06.2011.
FROM 12.05.2011 to 12.06.2011 =
32 CALENDAR DAYS
22 WORKDAYS (32 minus 10 holyday - 2 weekends)
WORKDAYS PAYMENT TERMS Within 30 workdays Due net
Vendor Invoice document date = 12.05.2011
plus 30 workdays = DUE DATE 22.06.2011 (and not 12.06.2011)
Can I obtain that with a standard functionality?
Edited by: Roberto Buono on Jul 1, 2011 2:29 PMHi,
Sadly this is not available as standard. As per your need the Net due date should be worked out by using a factory calendar; but what this does is it delinks the direct correlation between the number of days in the payment terms with the difference between the due date and baseline date. I hope you are aware that Net Due date is not stored but is a variable calculated during run time in reports.
There are four things you can try:
1. The simplest to do is: As the number of weekends are fixed; and if the intention is to give a 30 working day term, then add on the number of weekends and make the payment term effectively for say 40 days. There will be marginal variations over what you want. Best part here is that config remains standard.
2. All the receivable reports will use a function module (usually the same one) to calculate the net due date; enhance the FM and make it consider a factory calendar for calculating due date.
3. Enhance the accounting interface, and in runtime; modify the days that are coming from the payment term; based on a factory calendar, and update the accounting document. This delinks the days mentioned in the payment term and the accounting document and may not be palatable.
4. Enhance the accounting interface, and in runtime; calculate the due date and update the baseline date with it and make the payment term as "Immediate" yielding the desired due date. Not very elegant. Alternatively add to the baseline date days equivalent to holidays and weekends and keep the days from payment terms constant and update the accounting document. Better...
All four options have somes pros and cons. I do not see any other means of acheiving what you want. Maybe you could restrict users to a custom receivables/due date/ageing report which delivers what you want and lock the standard reports.
Cheers.. -
Payment Terms at Vendor Subrange Level
Hi Seniors,
I have a vendor with payment terms 0001 and i have maintained vendor subrange with plant XXXX and payment term 0004 for the same vendor. When i raise a PO with that vendor and plant combination, the system is not picking the plant specific payment term "0004" from subrange, it is picking only "0001". Kindly tell me why is it so please.
Regards,
JanaMMhi
GO TO PO, SELECT LINE
ITEM>MORE FUNCTIONS>ADDITIONAL DATA.
CHECK VENDOR SUB RANGE IS ASSIGNED OR NOT.
YB
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