Configuring payment terms

Hello,
Kindly let me know how to configure payment term for the below scenario .
Scenario as follows :
The sales done from 1st of the month to 27 of the month should start calcualting the due date from the 27th of the month +the due days. ( for ex due days is 30)
So when the invoice is raised on 4th of Jan , then the due date should be calcuated from 27th of jan +30 days ... ie. of 27th of Feb
But if the invoice is raised on 28th jan , the due date should start getting calculated from 27 of Feb plus 30 days ...i.e 27of March
Thanks

Hi,
You need to use the Day Limit option for this requirement. Please follow the below steps -
You have to create 2 payment terms with the same name but different day limits
From OBB8, click on new entries
Payment terms 1
Payment terms = < any name as desired >
Day Limit = 27
Baselien date calculation / fixed day = 27
Default for baseline date = < as required >
Payment terms / No. of days = 30
Payment terms 2
Payment terms = < same name as above >
Day Limit = 31
Baselien date calculation / fixed day = 27
Baselien date calculation / Additional months = 1
Default for baseline date = < as required >
Payment terms / No. of days = 30
Hope this helps
Regards,
MIke
Edited by: Michael Gerard Leo on Feb 4, 2010 2:43 PM

Similar Messages

How to configure payment terms thru cheque

hi,
good mrng
sap gurus,
how to configure payment transactions/terms
in the form of cheque.
plz throw some light on this.
regards,
balaji.t
09990019711

hi
you can do this using T Code FBZP.
Assign payment terms at company code or country level
hope this helps
swapnil

How to configure payment term

Hi Gurus,
Need to configure new payment term as described below
if a supplier ships on 10 May, that payment will only be due on 10 July.
But also if they ship on 29 May, the payment will also still be 10 July.
This is my first time so plz guide how to configure this.
regards
VB

Hi Ashish,
You need to do the following to achieve this
OME2
Maintain a day limit of 29, if that is your cutoff, and then in the Payment Term, please provide 0% and fixed date as 10 and additional month as 2 ( You can enter as per your scenario)
With this, all transactions done till 29th of May will be 100% due by 10th of July.
Kindly verify in test systems, I have not got a chance to test.
Hope this helps.
Regards
Shailesh

Configuration Payment Term

Hi !
How I can set payment term for Customer with condition Payment on the fifth (5) of next month and use baseline date default with Document date ? Help me please.

Hello :
OBB8
on DEFAULT TO BASELINE DATE block - click Document Date
on PAYMENT TERMS block - FIXED DATE put 5 , Additional Months put 1
Hope this help.
BR,
Manthana

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

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

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 AM

Hi 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.

US Calender for Payment Terms

Hello,
Would like to configure Payment terms for US calender base.
Please provide hints to configure US calender , How can we assign for this customer ??? How it works ,,, can some body across this scenario ??
Thanks in advance
Regards,
Sujana

Hi,
This thread has been created some time ago and recieved no response. Can you please close if you feel this issue/query has been resolved in the meantime. If it has not then please provide additional information in relation to your query. By providing updates to your thread it moves you thread to the first page of thread and increases visibility and possiblity for the multiptude of experts in SDN Forums to offer their support.
Therefore please update with more information or close thread.
Thank you for your assistance.
Regards,
Brendan.
(ERP FI/CO SDN/WIKI Moderator)
http://wiki.sdn.sap.com/wiki/display/ERPFI/ERP+Financials

Payment Term in purchase order

Hello,
How to configure payment term as 15%(variable) advance , balance against proforma invoice.and where this advance % I will have to put in purchase order?
Regards
Kedar

Hi,
Payment terms are maintained in SPRO>Financial Accounting>accounts recvable and payable>incoming invoices>maintain payment terms
check for yourself you will come to know how those are maintained
Best Regards
Diwakar
reward if useful

Payment Terms-OBB8

Hi ,
While configuring payment terms thorugh T.code OBB8
The client requirement is 45 days with payment at the end of month : for ex: the invoice date is April. 20th , payment due should be 31st of May. This requirement i am unable to configure through OBB8.
Please suggest me .
Thanks in advance.
Nageswar

Hi,
Step 1.
Update baseline date logic in form U100 in the program RGGBS000 thru SE38. You may need ABAP consultant's help for this.
Step 2.
Create a substitution with required prerequisites, selecting exit option and enter U100.
Best Regards,
Madhu

Payment Terms (90 days net + 2 % for each 30 days)

Hi
Is it possible to configure payment term with the below req.
90 days net + 2% for each 30 days
(please note that under payment term 1 and 2 is active and the third is not available)
Regards
Prasad

Make the following entries in Tcode OBB8
Baseline date
Fixed date = 31
Payment terms
Term 1
No of days = 90
Arvind

Kindly advise how to enable payment terms and tax codes in f-22

1. how enable Payments terms field and Tax Code in f-22 because i have already configured payment terms in img.
2. i have configured Sales and Purchase Tax and while posting in f-22 and in f-43, i seleted the Calculate tax but in third screen am unable to see the Tax code field to select my individual tax codes liek v0 for 0% input tax or v1-for calculation of Excise payable, cess payable and vst payable or v2.
kindly advise how to enable
1. Payment terms field
2. Tax codes field
in f-22

Hello,
first you should configure the tax codes and tax types. and payment mothod related to your company code.
you can set the configure on tax code using the T>Code : FTXP in calculation bases.
once you done the configuration of input/output tax you can give the tax indicator on related *GL master data* in sales a/c and purchase select the input tax or out put tax.
If your posting the document in F-22 or F-43 the system is not display the payment method you can go to field statues variant and select the required button in payment method and save. t.code is OBC4 .
you start the entry of document in third screen click on tax calculation button and select any one of this Vo,V1 or V2. after you can simulate the entry the system generate the entry of below:
vendor a/c dr
to vat 12.5% ; a/c cr
to service tax a/c cr
to ed.cess a/c cr
to hr ed.cess cr
if you have any doudts reply me.
regards,
Keerthi

Payment Terms configuration

Dear Friends,
I have 2 queries -
1. Can we configured the Payment Terms which will enable while invoicing to create the multiple line item while Invoice Posting ( accounting entry ) say, while doing MIRO / FB60 transaction. And one of those would go to Special GL. e.g. we have to deduct the Retention Money @ 5% from Invoice Amount and we are using one of Special GL for Retention money so can i configure the Payment Term as -
1. 95% -
60 Days
2. 5% -
365 Days
So here 2 ( 5% ) will be posted as Special GL item while Invoice Entry.
( Currently we are transferring those entries to special gl manually using T code - F-02 from Vendor Open items )
2. We have configured the number of Payment Terms but sometimes negotiated Terms does fall into the category of existing Payment Terms and it is not possible to create the Payment Terms for such requirement. So can we configure one Payment Term which will be editable while Purchase ORder Creation or Invoicing ( like payment term with "OTHERS" would be created and initially it would be configured for 0 Days and those would be edited while making Purchase Order as per requirement.
Since this is affecting our Ageing Analysis and Payment Due Report as both are based on Payment Terms in PO.
If anyone has solution pls suggest the way to do it . will assign full marks if gets solution.
Thanks in advance.
PS

Hi
I think we can't maintain cash discounts more than two %.
Goto OBB8, choose account type customer/vendor.
goto payment terms segment. 1) 3% days 0 2) 2% days 15.
3) we can enter %, only days. it means no cash discount.
Regards,
Chandra

Payment term configuration

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
Jagan

Hi
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

Any Configuration possible for Payment terms???

Hello Experts,
The Credit Control Manager would like to know if there is
any configuration possible in SPRO that can allow user to change the payment terms in an order to a lower level
but not at a higher level.
e.g. Payment terms can change from 60Days to 30Days but not from 30Days to 60Days.
Please answer me ASAP.
Regards,
Praveen

Hi Praveen,
Please check that in IMG through this path
SPRO>Sales and Distribution>Master data>Business partner>Customers>Billing document>Define Terms of payment.
If you are not able to change you can define new payment terms then you can assign that to the customer master.
I hope it will help you,
Regards,
Murali.

Configuring payment terms

Similar Messages

Maybe you are looking for