Config Payment Terms

Hi All,
I received a requirement to configure new Payment terms in SAP.
"Net Due Date day 27th every month"
Please let me know how to configure in OBB8.
Thanks In Advance
Regards,
Payal Saxena

Hi Payal,
Under Baseline Date Calculation maintain Fixed Day = 27
Then when ever you post invoice to use this payment terms your baseline date is 27th of current month.
Ex:
your docuemnt date & Posting Date: 05/15/2011 then this docuement due date is 27th of may.
Note:Doc & Post date 1 to 31 sytem automatically takes Baseline / due date is 27th of current month.
Regards,
Viswa

Similar Messages

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

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

Payment terms configuration issue

Hi All,
I have a requirement of configuring the following AR payment terms in the system
1) 50% payment due in advance 50% due 45 days from Invoice Date
2) Payment in advance
In OME2 how to configure the above terms for no. 1 , should i use the installlment option in while config...
Please provide me detail steps for config and also let me know how to take care Advance payment part.. We dont have customer down payment option in the project scope..
Regards,
Sandip

Sandip,
I understand you have to configure two payment terms.
1. 50% advance and 50% at 45 days from invoice date - this can be handled through instalment option and the percentage can also be fed there. but 50% advance can be handled only through downpayment option. A workaround is to set 'pay immediately '0 days' at the payment term instalment level and then knock it off with the downpayment document, later.
2. Advance payment - can be handled only through Down payment option in SAP.
Thanks
Rajalakshmi S

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 PM

Hi,
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 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?
Thanks,
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
terms of payment in the invoice document header:
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 to Vendor Based on Payment Term

Hi experts,
I want to create some new payment terms in SAP with integration with IV. Say if I have 30 days credit period in PO payment term , system will not allow to pay vendor before 30 days of GR date.
How to customise this. Can any body explain the process step by step? Is it a config issue or customisation issue? If need to write code, where to write it.
Full point will be awarded for useful reply,
Regards,
Santosh

Hi all,
I know how to create Payment terms. But my question is how to link the payment terms with advance. Say payment term is 50 % advance against GR. rest 50 % after 2 months of GR.System should prevent user if he wants to pay before scheduled date. How to Map it in sap. Can it be done through config setting? or it is to be done through customised development. If it is done through customisation which user exit to use.
Regards,
Santosh

Payment Terms not getting populated on Intercompany Invoice document(FB50L)

Hi All,
I am facing an issue with the Vendor and/or Customer payment term on the inter-company invoice posted via FV50L/FB50L.
We have defined companies as vendors and customers so that we could do the inter-company posting. The inter-company processing is done by FV50L/FB50L with postings to the GL accounts in respective company codes directly. Once it gets posted, SAP automatically creates 2 document: Vendor invoice and Customer invoice. The vendor invoice document would have the credit line item created automatically and so is the debit line item for the customer invoice.
However, the payment terms from the vendor and/or customer master is not getting populated on the credit / debit line items generated automatically.
I have verified the payment terms on vendor and customer, OBYA config, field status group for posting key & the recon account, authorizations and these thing look good.
Have anyone come across this issue before? Please let me know.
Point will be assigned to valuable suggestions!!
Thanks very much for your help.
Anish

Hi Nakula,
Payment term gets populated correctly from the vendor/Customer master data in case of FB60/FB70 resp. The issue is only with the automatic Intercompany Vendor and Customer line items created where it does not populate the payment terms.
regards,
Shreya

Mass updates for payment terms

Hi All
Advance thanks
Can any body explain
my client already posted invoices and now he wants to change the payment terms in the posted document.
nearly more than 20000 documents to be updated
whether can we change at a time using mass changes
if so, how can we use mass change?
Please let me know
Thanks
venu

First thing you will need to do, is to change the master data that made the payment terms to be incorrect in the first place this is done via t code MASS.
Secondly, you will need to create a recording of t code FB02 as you make the payment term change. I am presuming now that you can actually change the payment term field in FB02, if not you need to change your config.
****, Document, Line items, Document Change Rules, line Items.
Field is BSEG-ZTERM
Once you have your recording you will need to create a simple batch processing program that will be able to upload a file with the document numbers that need changing and make the changes as per the data you have.
Hope this is of some help, please awards points.

Payment term issue

we are using one payment term called BT03 that pay term is assign to vendor master at company code data and purchase data level.we; have created a P.O. in R/3 with vendor which is having same payment term after given mandatory details payment term is reflecting.But when same vendor is SAP-SRM when user is creating a Purchase order with payment term BT03 is not reflecting i am not able to get why this error is happening. so let us know your thought on this thread.All suggestions are welcome.

Have you confirmed that the payment term also exists in SRM? Not sure if you have a job that synchs them or if you manually have to do it. Have you confirmed that you synched the vendor data between SRM and R/3? Can you see in SRM under Manage Vendor Data the terms of payment is displayed? I'm assuming you are NOT using Extended Classic config in SRM?

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:
- 66529 F5839 Payment term & not defined
- 598025 Work method terms of payment for condition records
- 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

Payment term retirement

Hello,
we have too many payment term conditions set up in T052 and we would like to block the use of some of them so the payment term cannot be used for new/changed customer or vendor master records and documents (both account types at the same time).
Is there a way how to make a payment term inactive?
Or can we delete completely? What happens if you look at a document that has the payment term in it (or a master record that has the payment term in it) and the term has been deleted from the config ?
I fear SAP will show blanks instead of a nice description.
All hints and shared experiences are much appreciated.
Please, advise.
Thanks a lot
Kind regards
Marcela

Hello Marcela,
Before you delete the payment terms defined in T_cd:OBB8, you should check whether it was used in open line item Docs(Confirmed from FBL3N/FBL5N), or confirm the relative reconciliation account in table:BSEG( BSEG-ZTERM).
If there are, you could change it to another payment term if possible. then change the reconciliation account assigned in vendor/customer line items.
or you could reverse these open line items in FB08,then re-posted with new payment term.
In case there are open orders (either in SD or MM), with the payment
terms that you want to delete, these orders will not be possible to
be billed or invoiced respectively.
You should check that you do not have any open orders with the payment
terms you want to delete.
After the above steps, you could delete the un-used ZTERM in OBB8.
Addition, before deleting the payment terms, it is better to memo all the settings in them, so that in case any error happend or miss happened, you could try to add them into system again for finishing the un-complete transactions.
Best Regards,
Gladys xing

Payment terms in Sales order by default

Hi,
I have configured in payment terms in customer master as AB11 for description blank . but when i took printout for sale order its showing by default "Paybale immediatly by deduction" so please guide me this is Abap issue or any other config i miised.
Thanks
Shital D

Hi,
It's all depend on how your program assigned to the output type (In tx: NACE) works.
Please ask your ABAP person to debug the print program when you generate the printout. Check whether system is picking "AB11" as it's payment term at that point.
If it picks, then he should be able to find where the description is picking as well.
From functional side, there is nothing you can do as payment term AB11 is picking correctly in the sales order, and it is having the correct description in the configuration.
Issue is with the program. You HAVE TO get a help from a ABAP person.
Best regards,
Anupa

With holding tax base amount for 1099 vendors with discounted payment term

Hi Friends,
We have a below situation for 1099 vendors,
Some of the 1099 vendors are set-up in the system with payment term with discounts i.e. 2% if paid within 10 days
As per config, system posts with holding tax base amount at the time of posting payment.
With holding tax rate is 0%,
Based on modified net amount calculation
and
Cash discount calculation before w/tax calculation
When we have vendor with input tax, system excludes tax amount at the time of payment but for the with holding tax base calculation amount system does not exclude input tax type.
Which causes difference in 1099 misc vendors
Below is the example of how system calculates the amount.
Invoice $ 1000, payment term 2% if paid within 10 days. Input tax 7.25%
Payment going out=
$1000- $ 72.5(tax 7.25%) = $ 927.5 18.55 [2% discount] = $ 908.95 (payment amount)
With holding base calculation =
$ 1000 100 (2% discount) = $ 900
Difference between payment going out and with holding tax base = 908.98 900 = 8.98
Can some one please tell me how to get rid off this difference?
Moreover, please tell me if its normal to have 1099 vendors with discounted payment term.
Any thoughts on above situation will be helpful
Edited by: Shefford William on Jan 28, 2008 11:36 PM

Dear All
i am also having the same problem. The example is
Net invoice Value   = $ 100,000
Input Tax @ 15%   = $ 15,000
Total Invoice Value = $ 115,000
Cash Discount = 20% with in 20 days
On payment the system behavior should be
Debit Vendor invoice Value   = $ 115,000
Debit Cash Discount @ 20%    = $   20,000   ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,325 ( 3.5% of 95,000 the Inv Value - Cash Discount that is $ 115,000 - $20,000)
Credit Bank Account = $ 91,675 ( Inv value - Cash Dic - W/H tax that is $ 115,000 - 20,000 - 3325 = 91,675)
However at the time of payment system is calculating tax as follows
Debit Vendor invoice Value   = $ 115,000
Debit Cash Discount @ 20%    = $   20,000   ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,220 ( 3.5% of 92,000 the Inv Value - Cash Discount that is $ 115,000 - $23,000. This $ 23,000 is only calculated for W/H tax calculation that is 20% of $ 115,000 )
Credit Bank Account = $ 91,780 ( Inv value - Cash Dis - W/H tax that is $ 115,000 - 20,000 - 3220 = 91,780)
this is not the common practice when using the net base value in the system.
Can any one help me in this regard. I really have been stucked in this problem for many days
Regards
Bilal Athar

Payment terms to be defaulted in PO

Hi SAP Gurus,
I am working with SAP 4.6c version. I maintained the Payment terms in Vendor master record.While creating a PO against this Vendor system is not picking the payment terms from the vendor master.
But in 4.7E and higher version it is picking from the Vendor master record wile create a PO.
Is there any std. notes available in SAP to meet the Requirements.
Is there any config setting needs to be done for automaticaly pick the payment terms.
Regards,
Senthil

Have you Maintained Vendor Payment terms in Vendor Master Payment Transactions Accounting Data.
Please Go thru the below words once.
Data can be entered in the field for the terms of payment key in various ways as you enter a business transaction:
In most business transactions, the system defaults the 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.
Regardless of whether or not a key is defaulted from the master record, you can manually enter a key during document entry at:
item level in sales orders
header level in purchase orders and invoices
Note :
Master records have separate areas for Financial Accounting, Sales, and Purchasing. You can specify different terms of payment keys in each of these areas. When you then enter a business transaction, the application in question will use the key specified in its area of the master record

Config Payment Terms

Similar Messages

Maybe you are looking for