AP Payment terms ( discount ) end on week end

Hi Gurus
I have a situation where payment terms for an invoice falls on Saturday.So when when we run it on following Monday it disallow the discount ( 2% ). We pay manually with 2% discount.How can we resolve this issue of discount date falling on week end ?
Kindly give me some solutions please ?
Thanks
Satya

Hi,
You do not need to create two payment terms. What you require here is proxima payment term.
While defining the payment term in AP, enter "15" in the cut off day. In the "Due" Tab, enter "31" in Day of Month and "0" in months ahead. In the First Discount Tab, enter 3% discount and "31" in Day of Month and "0" in months ahead.
Now, the system will automatically take due date for all the invoices received till 15th as 31st of the current months and for all the invoices received after 16th as 31st of the next month.
Attach this Payment Term to the Supplier and use it for all the invoice. No need to manually change it while creating the invoice.
I hope this functionality is available in the Application Version, you are working on.
Gajendra

Similar Messages

Payment terms 45 days from month end

Hi,
Any one has configured the payment terms above. If yes, pelase let us know how to do the same.
Thanks
Aravind

Hi,
Resolved.

Posting Customer Payment Term Discount Separately

Hello Gurus,
I have configured the system for the Customer Payment Terms in SAP but I am having hard time showing that correctly in FBL5N.
For Example:
Invoice Value $100
Payment Term 2% Discount
Customer Pays on time $98
In FBL5N main display screen, I see the customer account after clearing as follows:
Invoice Value $100 (Clear)
Incoming Payment $100- (Clear)
To see the discount and actual cash posted to the right accounts, I need to drill down in the Incoming Payment Document Entry to see the following information:
40 Payment Discount $2
40 Actual Cash Received $98
15 Customer Invoice $100
Can I see the above posting on the main screen of FBL5N without using F-32 (Clear Customer) so that I could see the actual payment discount and actual cash paid by the customer?
Thank You
Salman Ahmed

Hi salman
With the help of ABAPER, Activate BTE 1650 and add a new column named discount in the FBL5N report.
Give the logic for the same to fetch the amount of discount in the said added column. Also, if the amount of receipt is also required, Column for actual amount received can also be added.
Through this you can get both the amount received and discount in the FBL5N report.
Regards
Nitesh

How do we transfer payment terms discount to cost based COPA

Hi All
If customer pays in 30 days we will offer 2 % discount. This will be captured in SKTO condition type. How do we transfer this discount to cost based COPA?

Venkat
You can assign the Discount GL Account in OKB9 for the company code and tick PrfSeg.
Then create a PA Transfer Structure with Cost Element Discount as Source and suitable Value field.
At the time of your Finance Entry where discount is calculated, based on your FI Settings, relevant COPA characteristics would be captured and transferred to COPA.

Payment term and financial calendar (fiscal year variant)

Does anyone know if it is it possible to link the payment terms to the financial calendar. We are looking to use a payment term Month End + 30. However the month end should be the financial month end instead of the calendar month.
Appreciate any suggestions
Thanks
Eoin
FI analyst

A number of vendors require a single payment to be made in first week after fiscal month-end.
Currently, you can only use payment terms based on calendar month-end and this is causing problems in months where fiscal month-end ends in next calendar month.
Example: April. Period 04
Calendar month end 30th April
Financial month end 02 May
Payment terms ME05 (month end + 5) - docs posted in April will fall due 5th May
however,
Should be 7th May

Payment term 28 February

I have Payment terms setup as follow:
- month end + 2 month from document date -
When the first due date (in ar invoice) is 28 February, the following due date is 28 of march!
instead the correct 31 March.
How can i bypass this problem? i haven't found any notes.
Thanks

Fabio,
The forum that you have posted your question in is for questions related to the SAP Business One SDK and development using it. It sounds like the question you have posted is application related and not development. You may want to post your question in the "SAP Business One Discussion Forum" at this link ...
http://cpsn-channel.sap.com/businessoneforum
You may get a faster response.
HTH,
Eddy

Business Partner approval when changing payment term

Hi Expert,
Is it possible to set up approval process when user changing payment term in existing Business Partner?
Thank you in advance.

Hi,
Try this:
IF @object_type = '2' AND @transaction_type = 'U'
BEGIN
     IF EXISTS
     (SELECT T0.CardCode from OCRD T0 INNER JOIN ACRD T1 On T1.CardCode=T0.CardCode
WHERE CardCode = @list_of_cols_val_tab_del AND T1.GroupNum !=T0.GroupNum)
     BEGIN
           SELECT @error = 2, @error_message = 'Payment Terms should not be changed'
     END
END
Thanks,
Gordon

Dicounts based on payment terms:

Hi Guru's,
I have a scenario as below based on the 'payment terms', these dicounts are apart from other discount:
If old bills are cleared within 7 days............3%, 14 days......2%, 21 days.......1% discounts are given,
how are these can be configured, can any one help me out urgently please....
Regards,
sushil

Hi,
As I understood, this is what you want to do. You want to apply a discount automatically based on the sales order line item Payment Term.
Let's do it in this way.
the field your talking about is ZTERM in VBKD table.
This is not there in the condition allowed fields.
Go to IMG / Sales and Distribution / Basic Functions / Pricing / Pricing Control / Define Condition Tables / Conditions: Allowed fields
Add ZTERM to there.
Now you have to create a new condition table with this.
in the same node use "Create condition tables" to create a table with that new field.
Now add that table to your Access Sequence using IMG / Sales and Distribution / Basic Functions / Pricing / Pricing Control / Define Access Sequences
Now go to VK11 & give your condition type & enter. Select the new table in the access sequence.
Give your discount combination based on the payment term there. Eg: 7 days............3%, 14 days......2%, 21 days.......1%
now try from a new sales order. Based on the LIne item Billing tab, payment term, discount will determine automatically.
Hope this helps you!
Best regards,
Anupa

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 config - end of month

Hi
We have a request to configure a payment term to be "120 days from invoice date and end of month".
Meaning that invoice should be paid at latest: invoice date+120 days and then in the end of that month.
I am not sure how to configure that in the IMG (Sales->Master data->Business partners->Billing documents->Define terms of payment).
Does anyone know that would like to help?
Regards,
Lars

Hello,
Please copy an existing payment terms and then select the default for baseline date first, followed by
In the payment terms section,
a) Enter only the number of days as 120
and b) as the second option, you could enter the fixed date as 31.
Hope this helps.
Cheers,
MR

Adding Payment Terms: 45 days End of Month

Hi,
I am trying to add payment terms to Oracle 11i that are:
45 days then End of Month
Can anyone let me know if this is possible?
I have been able to add many other terms required, but cannot figure this one out.
Thanks

Actually, yes, I believe this is possible, or very close to possible. You have to use a combination of cut-off day, day of month, and months ahead. You will want the cutoff day to be 15. If the invoice data is 16 or later, it will add a month to what it first calculates. By doing day of month = 31, that says to pay at the end of the month (at least that is what Oracle says in its manual). Then do Months Ahead = 1. So if you have an invoice on April 14, that is before 15, so it will only do 1 month ahead, and then the last day of that ahead month, which would give you May 31, 2009, which is what I think you want.
Then, if you have an invoice for April 16 -30, it will now do two months ahead and give you June 30, 2009 as the due date.
Now if you run into something in late January, say January 30th, then this does not quite work. 45 days would put you into March, and paying on March 31st. Whereas with Oracle it will do a February 28th payment. But that would be the only time of the year (when February is involved in the calculation) where you would be off a bit. You could push the cutoff day to maybe 16 or 17 or 18 to try and get around that if that becomes a big issue, but then that impacts your whole year, not just when February is involved.
So as I said, you can set up a term that is close to what you want. Not 100% exactly what you want, but close. Something to think about.
John Dickey

Payment term for net90 and end of month

Hi Gurus,
how can I create payment term with following requirement
net 90+ EOM ( net 90 and end of month ).
Thanks

Implement the following SAP Note.
https://service.sap.com/sap/support/notes/1316578
You can then use transaction OBB8 to create terms of payment in which the due date is extended until the end of the month after a specified number of days.

End Date Payment Terms in Oracle Receivables

Hi,
I would like to know if a particular 'Payment Term' can be end dated even if there are invoices with - a) open receivable balance b)Unposted accounting lines..
Thanks,
Madhu

Hi, You can create UDFs for Roles in catalog search.
These UDFs can be made visible in Role similar to Role Owner and different fields which appears in the bottom of catalog search page.
HTH,
~J

Payment terms and discount voor the purchasing invoice

Hi all,
In the definitions of the payment terms, you can choose how the Due date should be based on: Document date, Posting date, System date or Closing date..we choose for the Document date. (due date = doc. date + 30 days)
In the payment terms you can also define a cash discount if we pay the suppliers invoice within certain days, than we can deduct a discount of the total amount to be paid.
So we define f.e. within 14 days, 2%.
However the title of this colums says: Days after Posting date and the system also react like this.
The posting date of the suppliers invoice can ofcourse be different as the document date of this suppl.invoice.
F.e.: Suppliers Invoice: doc. date 30/9/2008, Posting date: 18/10/2008, Due Date 1/11/2008 (Doc.date + 30 days)
Payment at 25/10/2008 by the payment wizard.
The wizard still deduct 2 % as the due date of this invoice has not been reached, while the 2% should only be deducted if we pay before 14/10/2008.
So as we defined the due date based on the Document date, but the cash discount uses the posting date. (column title)
Is this wrong in the definitions or standard behaviour.
How can I use the cash discount in the payment terms?
Please advise.
Best regards,
Carl Verhagen

Hi Peter,
I'm talking about the A\R invoice.
The supplier sent his invoice with document date 1/10/2008 and his payment terms is payment within 30 days.
We receive the invoice at 3/10/2008 and after control etc. we will post the invoice at 7/10/2008.
If we use the posting date as a base for the due date, the invoice have to be paid at 6/11/2008, but the suppliers due date is 31/10/2008 and that's a difference of 1 nearly week.
If there are problems (f.e. caused by ourself) and the invoice will be booked at 20/10, we still have time to pay it before the due date 31/10 instead of 19/11/2008)
I think that the supplier will not be amused if we use the posting date as the base for calculating the due date.
We can discuss what's right to use, but SAP B1 gives the opportunity to choose between Doc.date, posting date and system date as a base for calculating the Due date but for cash discount it's automatically the posting date??
Best regards,
Carl Verhagen

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!

AP Payment terms ( discount ) end on week end

Similar Messages

Maybe you are looking for