Cash discount in MIRO

Hi
How to deduct the cash discount from the invoice value in MIRO.
Under the Payment tab => discount is not picking the value.
please advise necessary settings.
Regards,
Sr

Hi,
I received cash discount in later stage. There was no cash discount in PO,
I tried using the field in MIRO, but it is not picking.
as you said
once you done invoice, you need to do subsequent credit in MIRO against the said PO, for cash discount.
Kindly arrange step by step procedure. Please note that ...we may receive discount every time we receive partial invoice against delivery with reference to PO.
i.e if a po qty is 1000, grn qty is 100, invoice - 1 for qty-50 with discount Rs.1000 ....and invoice2 for qty 50 with discount 600 ( there is no %)
Thank you
Sr

Similar Messages

How to handle cash discount in MIRO ?

Dear Experts ,
what is the significance of cash discount field in the invoice verification?
When i put an amount in this field there is no effect in invoice .
Please Guide
Regards
Anis

Hi Anis..
http://www.sapfans.com/forums/viewtopic.php?f=10&t=319987
This link may help you to understand better.
Thanks & Regards
Anand

Cash discount amount field in MIRO and FI document

Hi ,
In MIRO we are overwriting the cash discount amount but for some reason in the FI document instead of the overwritten cash discount amount SAP is taking the payment term and calculating the discount.
Any solutions to correct this?
Thanks

Hi,
I need to manually populate the discount amount in field: INVFO-WSKTO (Cash Discount Amount in Document Currency) while capturing FB60/MIRO and not the automatically calculated discount amount(that one is working fine.).
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Themba

Cash discount in taxinn before cst

Dear Gurus, My client wants cash discount in taxinn. scenario is as follows
cash discount in betwen Cst and Excise duties as follows
Basic                                             =100
Excise such as BED and Hsess      =8.24
Total +Exc.Duties                             =108.24
Cash Discount                                    =2.24
Total for cst                                    =106
4%CST                                            =4.24
Tot PO                                            =110.24
For that in taxinn one condition is maintained before cst and calculation is ok as per invoice.
Problem is when we do MIRO , system shows amount difference.
Why this happening?
Any solution

You can try this workaround....
Create a condition type and assign it to purchasing schema and to this condition type use the subtotal for eg D, E etc in which you pass this value to some variable and in Taxinn procedure you can write routine in CalType which it will copy value from this variable and assign to this condition type.
With this you can enter the percentage in purchasing schema and this will flow in taxxin procedure.

Cash Discount after Tax & VAT

Hi , Friends,
My client has a scenario where in some purchase orders , he receives the discount after tax.
when I add the discount (absolute) after tax in the m/08 , the net price changes and the tax is calculated on this new net price which is wrong & not required .
Friends tell me what chnages I need to do so that discount is calculated after Tax & VAt and the ideally what should be the accounting entries in MIGO and MIRO.
if the gross price is Rs 100
tax is Rs 10
and discount is Rs 5.
Thanks in advance

Hi Dgn,
What type of industry sector your client belongs to. But as a standard practise, cash discounts are captured before adopting the Tax or VAT through Invoice.
We will calculate the accounts payable:
Usually below is the scenario for taking the discounts from the vendor in the process of purchaing:
will take your given figures/values:
Eg. (1)
                           Total gross price:      100.00 INR            (as per your client)
                           Discount:                       5.00 INR          (-ve)
                                                                                95.00 INR
then adopt, Tax (10%):                             9.50 INR      (10% on gross ( = 9.50 INR) :   goes to govt. for tax depart.
that means, the total amount:                   85.50 INR      payable to the vendor (A/P)
But, where as in your case /as per client,
(2)
Taking your eg. Total gross price:      100.00 INR            (as per your client)
                           Tax amount: (10%)     10.00 INR            (10% on gross = 10 INR)    : goes to govt. for tax depart.
                                                                                110.00 INR
then taking,       Discount:                         5.00 INR      (-ve)
that means, the total amount:                105.00 INR      payable to the vendor (A/P)
(1): 85.5 INR   < (2) : 105.00 INR
So, in 2nd scenario, your client has to pay more to their vendors & also more tax in the process of purchasing compare to the usually procedure (1). Other wise your client has to pay extra 20.00 INR. Hence option 1 is the rightone.
Pls check with your client again and suggest them further.
Hope you understood.
Regards,
Sapsrin.

How can we have cash discount as well as vendor payment terms

We have vendor payment term of 2% 10 days, net 30. On top of it the vendor gives us 4% discount on certain POs where the total PO amount exceeds 20K. We want to have the 4% discount on the individual line item at the time of the invoice posting and then additional 1% discount from the payment term. We donu2019t want the PO price to change due to the 4% discount.
In MIRO, it seems we can take either the cash discount (field WSKTO) or the discount from the payment term (field ZTERM). How can we take both the discounts?

1 - The 2% 10 days, net 30
           It can be calculated using the Vendor payrment terms.
2 - The 4% discount which has to be applied on certain POs where the total PO amount exceeds 20K and should not change the PO price.
           I - Create a condition type with the calculation type A - Percentage and select the option Accruals in Control data 2.
          II - In the Calculation schema,
                                     Calculate the 4% value from the total of the PO Price.
                                     Untick the manual.
                                     Mark the condition type as Statistics.
                                     Enter a Condition Formula Calculation Rule (Calculation Type) or Use the Requirement to activate if the
                                            value exceeds 20K.
                                     Enter the Accrual key like (FR1, FRE ...) and assign the GL account to that.
                     By Maintaining this way, you affect only the internal price and not the PO price.

Cash Discount Amount Can not be posted

Hi Guru,
While doing MIRO transaction against work order system is giving error 'Cash Discount Amount can not be posted' no cash discount is posted nor payment term given is having any provision for discount.
Kindly help me in resolving issue
Regards,
Shekhar

Hi shekar,
May i know the solution for this.
Thanks
Sekhar J

Cash Discount may only be granted up to 3%

Hi Guys,
Im new to FI. While posting an invoice in MIRO, we encounter an error "Cash Discount may only be granted up to 3%". Payment term we are using has cash discount of 5%. I want to take out the limit of the cash discount, how will I do it? What transaction codes to be used? Thanks.

this is held in tolerances
This is in SPRO "Define Tolerances Vendors"
You have groups, and the tolerance group is assigned to the Vendor

Reg: material cash discounts

hello friends,
I understand that cash discounts taken from vendors will do settings in OBXU, OBB8.
for MIGO cash discounts where we do the cash discount configuration, is that in OBYC, if so let me know the transaction we use for that.
i knew that for cash discount G/L account we select the post automatically setting in FS00.
actually user posting MIRO transations, with payment terms as 2% discount for 10 days later that full payment, and baseline date is taken as document date in OBB8.
but after 10 days also system is calculating discount for MIRO transactions.
Please let me know in this regard.
Thanks,
HK

Hi
Calculating discount after the due date is may be due to the no. of grace days mentioned in the Grace days due date field under Specifications for Clearing transactions Tab in OBA3 Customer/Vendor Tolerances. Remove the no. of grace days mentioned from the field and do manual clearing to avoid discount after the due date.
Grace days are Number of days by which the payment deadlines may be exceeded when manual payments are made. In the payment entry facilities, the grace days are added to the payment deadlines. This means that the system will accept cash discount deductions and net payments even after the original deadline. If the days in arrears are displayed during open item processing, the system reduces them by the number of grace days.
(OR)
Calculating discount after the due date is may be due to the no. of tolerance days mentioned in the Tolerance days for payable field under Cash discount and tolerances Tab in OBVU (FBZP-All Company Codes-Maintain Payment Program-APP Configuration). Remove the no. of tolerance days mentioned from the field and do automatic clearing in F110 to avoid discount after the due date.
Tolerance days for payables specifies the number of days by which the cash discount periods and period for the due date for net payment may be exceeded. When determining the due date, the system adds the number of days specified here to the dates. Payment is then sometimes made after the exact date in the terms of payment.
Thanks
Naresh K.

Impact of Gross or net document type in calculating Cash discount

Hi Gurus,
I need to know what is the impact of the Gross document type in caluclating the cash discount while paying to vendors?
what if we check the net docuemnt type in docyment type ?
can you tell me the implications on checking this net or gross document type while posting invoice.
regards
rohini kumar

Hi
there is no mistake in that.
If you are using a Gross Invoice Document Type - RE at the time of MIRO Only the gross amount is taken forward for Payment &
At the time of Payment the discount is applied , so the Net value( Gross - cash Discount) will be Posted as a non operating result, the cash discount ammount is not levied on the Material cost where as it is posted into a sperate account.
But if you have already taken Net Invocice document type - RN at the time of MIRO then this discount will be posted as a material cost.
Thanks & Regards
Kishore

Cash Discount Calculated for One Line Item and not for Other

Hi All,
We have devloped a Z program which is used to Write of InterCompany AR and AP recon Account to another GL Account. In this program to clear line item we have created a BDC which calls t-code FB05. Thsi program is running perfectly fine for all company codes.
There is new company code SG20 for which it is not clearing the line items. It has created a Session in SM35, when we analysed the seesin we found that for some line items system is calculating Cash Discount and for some other line items it is not but the payment Term is same for all the douments with 3% 14days.
I need your help in understanding that why for some line items system calculates the Cash Discout where as for others it is not calculation..also the Posting Date is same for all the documents.
Please advise what could be the reson for this.
Thanks!
Regards,
VIvek Srivastava

Hi
Cash discount is calculated based on the combination of baseline date and payment term conditions.
Hence please check the baseline date for all the documents, in which the cash discount is not appearing.
In your case, the possible reasons could be that 1) baseline date is different between these documents or 2) payment terms cash % is manually modified in the line item of the documents.
Regards

PMT Terms with Cash Discount

FI Experts,
I created a new payment term with a 1% discount if paid whithin 10 days. Can some one give me some steps as to what else needs to be configured in order to have this difference deducted at the time of payment run. I know have to set-up an account but not sure what fields I have to check in order to make it work.
1- Create new payment terms
2- I defined a G/L account for cash discount
Can some one tell me when I set-up the account if I have to set-it up a certain way? in FS00.
Thank You for your help.
Edited by: Frank on Feb 9, 2009 10:42 PM

Good to know that it is working. When you maintain payment term in vendor master, it SHOULD get defaulted when you perform FB60 for that vendor in that company code. Payment term for vendor cannot be maintained in General Data section, it is in Company code segment. Are you sure you are performing FB60 for the vendor in the company code in which you maintained payment term for that vendor in vendor master record? Please recheck. Also, if you have payment term in Purchasing Organization segment in vendor master record, it would not get defaulted in FB60. Here is what SAP help says on payment term field in vendor master record.
In most business transactions, the system defaults the terms of payment key specified in the master record of the customer/vendor in question.
In some transactions (for example, credit memos), however, the system does not default the key from the master record. Despite this, you can use the key from the customer/vendor master record by entering "*" in the field.

Not able to post vendor payment in case of Cash discount received

Hello
We are on SAP ECC 6.0
I'm not able to post an outgoing payment through F-53 T code when cash discount is received from vendor due to early payment before due date.
I get the following error message -
Tax code V0 for country IN has been deleted or incorrectly changed
Message no. FS201
Our tax calculation procedure is TAXINN and we are an indian company in India.
GL account for cash discount received is already defined in OBXU t code for SKE transaction key tax code wise.
V0 tax code is defined through FTXP.
I'm able to display correct cash discount amount and cash discount % when i click on select process open item in F-53 after entering document date; posting date; company code; currency; Bank GL A/c; Amount (Net of discount); value date and Vendor Account.
What am i missing? Why am i not able to post vendor outgoing payment?
Is it possible to post cash discount received to the credit of Stock / Inventory Account as quantity received is not consumed or quantity is lying in inventory?
Thanks.
Vimal

Hello Chintan
I have assigned GL A/c in OBXU t code with and without reference to tax code.
Still, i am not able to post outgoing payment when cash discount is received as i am paying it before due date.
Cannot i take credit of cash discount received to Inventory / Stock Account?
Is cash discount received always posted to non-Inventory / non-stock GL Account?
Thanks.
VS

Clearing issue Incoming payment due to Cash discount ( customers)

Hello,
During processing automatic incoming payments the system don't clear the customer open item in case the customer has taken a cash discount.
The clearing should be done automatically in the posting area 2 but now the the user needs to do manual interventions in the FEBAN in order to clear the customer
We checked the payment terms and verified the discount taken by the customer and they are ok
After investigation we guess that the original SD invoice don't send the Discount amount and Discount base amount to FI, because we saw that those fields are empty in the FI document (RV),
Also in Billing the Cash discount base field in empty...
When i tried to create a manual customer invoice those fields are well filled in and the system clears the customer open item perfectly !
Any one an idea how to fix it ?

Hello,
Thanks for your feedback but the issue is not solved.
Is there difference in clearing behaviour in case the open item posting is orginated from a SD invoice ( Billing) because as stated before, when I make a FI sales invoice (FB60) the system perfectly accepts the cash discount and post and clears in postingarea 2
Also when I consult the open item position (FBL5N) the cash discount amount field is empty which is not the case when I post an FB60 invoice
Summarized
We are usiing the automatic bank statement program ( FEBC), during posting the system post perfectly posting area 1 (FEBP) but fails the post postingarea 2 ( the system makes a payment advice) the message the system generates ' Difference to large for clearing F5263'
Many thanks for help

Cash Discount in absolute value, not in %

Hello Friends,
I have a scenario with respect to terms of payment, where the customer is entitled for a cash discount of Rs.100 per unit if the invoice is cleared within 7 days from the date of invoice, Rs.75 per unit within 14 days & Rs.50 per unit within 21 days with total credit period of 45 days.
The problem I'm facing is that in the Terms of Payment configuration (transaction code OBB8), I'm able to store the cash discount in % and not in absolute value (field "percentage" under the "Payment Terms" heading in tcode OBB8).
Request your suggestion at the earliest.
Thnx & Rgds,
Padmanabhan

Hi,
The CASH DISCOUNT will be given based on the Payment terms with the CONDITION TYPE.
In the Standard the CASH DISCOUNT condition types are SKTO & SKTV.
If you are using the same condition types, change the CALCULATION TYPE for these condition types in V/06 to B ( which is fixed amount) and try.
Hope it will solve your requirement.
regards,
santosh

Cash discount in MIRO

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