Credit Memo Payment terms
Hi
I have maintained a credit memo payment term in vendor master company code data. When i post credit memo for the vendor, the system defaults the normal payment term (LFB1-ZTERM) only not the credit memo payment term (LFB1-GUZTE)
Am i missing any settings?
Please advice.
Gobinathan G
Hi Gobinath,
I am having the same issue. Did you find any solution for this?
Regards,
Shahzad.
Similar Messages
-
hi,
in customer master, what is credit memo payment term?
what is the difference between credit memo payment term and terms of payment.
i read from F1 but still can't get it.
thanks
rgdsHI
In customer master we define a payment terms as well as Credit memo payment terms.
Like suppose we have for Customer with Payment term = Net 30 days (Z001)
And for the same customer we have defined Credit memo terms = Pay Immediately (Z005).
When we post an Invoice for this customer it will have Payment terms as Z001 i.e. net 30.
Whereas when we post a credit memo for the above invoice it will inherit the new payment terms from Customer master that is, Z005 i.e. due Immediately.
Credit memo payment terms can be same as payment term or different depending on the business requirement. -
Sales Credit Memos, Payment terms and due date for payment
Hello all,
does anyone out there know how to get the terms of payment assigned to sales credit memos taken into account when the due date for payment is calculated in the accounting document? (I know this is a bit puzzling as why should one need payment terms for a credit memo)
I have looked at SAP notes 17410 et al..but remain unclear re how 'V' is populated in BSEG-REBZG.Number of the Invoice the Transaction Belongs to
For line items which are related to another line item, this field contains the number of the partner document.
Use
In the standard system the field is used for:
o Credit memos which refer to a particular invoice item
o Subsequent invoices for an invoice item
o Partial payments for an invoice item
o Partial clearings of down payments.
In the first two cases mentioned, the terms of payment are copied from the cross-referenced invoice item into the item currently being processed. This ensures that items due on the same date are paid together by automatic payment.
A special rule applies to credit memos which have a "V" in this field. The due date is determined in the same way as for an invoice. If the field is empty (containing neither a document number nor a "V") the due date is the baseline date for payment. -
Credit card payment terms in the sales order
Hi All
In the sales order, if you enter a credit card and in the payments terms field, if you forget to enter the payment term as credit card,system still allows to create the order without any error message.
The requirement is to through an error message if you dont select the payment term as credit card,when payment card is entered in the order. This validation can be done by writting the logic in userexit_save_prepare.
Without using this userexit, is there any alternative to satisfy this requirement.
Regards
Sreedear Sree
i understand your req.
probably user exit is the best way...
as you know there are 2 payment terms fields for customer:
KNB1-ZTERM (com. code level)
KNVV-ZTERM (sales area level)
you can keep 2 different terms there using XD02 - for example your specific payment term for craedit card in KNVV, but standard terms in KNB1.
i suppose in most cases while creating order with this customer user gets payment terms exactly for credit card (which will come from KNVV-ZTERM) -
SD Credit Management - Payment Terms
Hi Friends:
I have the sales document type ZFSV, it has the automatic credit check activated. I need to do this automatic credit control check dependent on payment terms. For example in sales document type ZFSV with payment term Z001 the automatic check not run and if the credit payment term is Z002 the automatic check run.
I think this is possible through user exit, any idea about how to do this? Thanks!
Best Regards
EnriqueHello
What seems from your message is that you want to bypass credit check based on certain values of payment terms...
One way of achieving this would be to write a routine using VOFM with the help of an ABAP consultant.
Then assign this routine in SPRO for automatic credit control in field "No Credit Check"
(IMGsales 7 distr-basic functions-credit managementdefine automatic credit control)
If you give value "X" to "bypass-dynamic_limit" based on your own checks then system will bypass the
dynamic credit check based on your paymnet terms check in sales order.All the sales order tables are available here and VBKD-ZTERM is also available.
to view SAP standard delivered routine example routine go to menu listed above and do a F4 in that field or otherwise go to se38 and enter program LVKMP001 and display.
Thanks
Vikas -
Credit Memo - Terms of Payment Default
My earlier post received no response, so I am posting again,
In MIRO if I create a credit Memo, payment terms default from PO. (not from vendor master) I do not know if was configured that way. How can I find out ?
I do not want payment terms to default from any thing, neither PO nor vendor master.
It should fall due immediately say based on base line date, which is posting date in our case.
How can I do this ?
ThanksHello,
You might find interesting this OSS Note: [322430 - MIRO: Proposal logic for terms of payment|https://service.sap.com/sap/support/notes/322430]
Regards,
Milen. -
FB10 - Default payment term for Credit memo
Hi,
I have question regarding the Payment terms in FB10- Credit memo entry (KG).
You must be aware that when we use F-43 or FB60 for posting Vendor Invoices (Document type KR), the payment terms on the screen will be "*", which means it should be picked up from the Master data. Similarly for posting Vendor Credit Memos (Doc type KG) using F-41 or FB65, the payment terms field is blank, which means 'Immediate payment'.
In case of FB10, Fast entry transaction code for both Vendor Invoice and Vendor Credit memo, the Payment terms for KR document is *. But for doc type KG (Credit memo), payment terms field is not blank. Instead, it is shown as *. Why is it? How can we make this blank for KG document postings. Please advise. Kindly revert in case you have any questions.
Regards,
VinodHI,
Please check the note 17410 for explanation.
Regards
Ravinagh Boni -
Hi Experts
This refers to credit memo to vendors thru FB65.The vendor master has payment terms populated which gets carried forward in case of a credit memo.
The solution of entering a "credit memo" payment terms in the vendor master has been explored but has been put on hold for practical reasons and making changes to already existing vendor masters.
Is there a solution whereby,at transaction level, the system takes a separate payment term during credit memo other than the invoice payment term.
We are on 4.7 EE version
I tried to check out substitutions - but the payment term is not a substitutable field in OBBH.
The main idea is that we do not want to disturb the vendor masters and get a solution at transaction level
Any thought or workaround will be much appreciated.
Regards
SwamiHi Srikanth,
As you perfectly mentioned,field ZTERM is not allowed to use for substitution in standard: take a look to table GB01.
The entry is excluded. If in your system is not excluded you used a modification. Note 42615 explains which fields can be substituted.
Pmnt terms work in the following way for credit memos:
1. if 'V' is entered in field 'invoice reference', due date is calculated the same way as for an invoice.(this means you also
have to enter the terms of payment in field bseg-zterm. With entry 'V' you only indicate that the due date of the credit memo is not identical to the payment period base date, if you have entered a special terms of payment in the document)
2. If credit memo refers to an invoice, you can enter invoice details in field bseg-rebzg (invoice ref.)so that credit memo will pick up same payment terms as invoice.
3. if '*' is entered in field 'paymnt terms' then the payment terms are picked up from customer/vendor master record.
Hope the explanation is helpful to you.
Best regards,
AZ -
MIRO credit Memo how payment terms. How to remove default
In MIRO if I create a credit Memo, payment terms default from PO. (not from vendor master) I do not know if was configured that way. How can I find out ?
I do not want payment terms to default from any thing, neither PO nor vendor master.
It should fall due immediately say based on base line date, which is posting date in our case.
How can I do this ?
ThanksPlease check the Note 119047
-
Payment terms of the credit memo
Hi
When I create a normal credit memo, the credit memo payment terms are derived while when I create a credit memo against an MIRO document, the purchase order payment terms are derived. But even for the credit memo created via MIRO we want the credit memo payment terms to be derived. Is there any way we can set this up.
Request your help please.
Thanks
LavanyaDear Lavanya,
the system design reports the following two cases::
-With reference to purchase order
The system always proposes the terms of payment from the first purchase
order so that they can be changed in case of goods/service
With only delivery cost items, the terms of payment key is automatically
copied from the vendor master record.
-Without reference to purchase order
If the terms of payment key does not contain any value, this is copied
from the accounting view of the vendor master record.
Depending on whether you first create a purchase order with order
reference or first create an item without order reference, the terms of
payment are determined either from the purchase order or from the vendor
master record in accordance with logic described above.
I am afraid there is no other functionality avalible for defaulting the
terms of payment.
Can you please review SAP Note 322430 with regards to the payment
terms.
I hope this helps.
mauri -
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. -
Vendor Master Payment Terms and Reconcillation account
Pls tell me In SPRO where Payment Terms and Reconcillation account's are maintained for Vendormaster
HI Vinay,
Your question isn't clear. You want to define Payment terms and Reconciliation account for Vendor Master record ?
If this is correct then go through the below path for payment terms & Reconciliation Account.
MAINTAIN TERMS OF PAYMENT:
SPRO > REF IMG > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Incoming invoices/Credit memos > Maintain terms of payment (or) OBB8
RECONCILIATION ACCOUNT
Accounting > Financial Accounting > General Ledger > Master Records > Individual processing > Centrally (or) FS00
Enter G/L Account No. XXXXXX
Company Code AAAA and select CREATE button.
Under Type/Description tab
Account Group LIABILITIES
Balance sheet
Short text A/P (or) SUNDRY CREDITORS A/C
G/L acct long text A/P A/C
Under Control data tab
Account currency INR
Reconciliation account for A/C type Vendors
Under Create/bank/interest tab
Field status group G067 and SAVE.
Rams.N
If this is helpful, assign me points -
Hi All,
I need to create the below payment terms. Can anyone help me with this.
Payment Terms:
Telegraphic Transfer (T/T) 50% on site 30 days ; T/T 40% after onsite 180 days, T/T 10% after acceptance 60 days
VinayHi,
The path for creating Payment Terms is *** follows:-
Financial Accounting>Accounts Receivable & Accounts Payable>Business Transactions>Incoming Invoices /Credit Memos>Maintain Terms of Payment
Hope this will help you in creating the required Paymnet Term
Regards
Phani -
To get cash discount for my payment term
Hi there,
To get cash discount for my payment term, I make configuration as below
*Step 1: Create a payment term in Maintain of Payment term
On immediate payment 5 % cash discount
*Step 2: - Define acount for Cash discount taken
- Define acount for Lost Cash discount
*Step 3: Assign the payment term to my Vendor
*Step 4: Post a new invoice
*Step 5: Clear it with payment immediately
But I still don't receive cash discount
Please show me the reason and how to check configuration
Kind regards
MinhtbHI,
Follow the path
Financial accounting ->Account receivables and payables ->vendor account->business transactions->outgoing invoice/credit memos->maintain terms of payment.
In this percentage coulumn u can maintain discount rates.
Pleasa assign points if useful.
Regards,
Shradha. -
Payment terms - unable find the right parameters
Hi ,
I would like to create a new payment term with the below parameters:
50% at 30 days
50% at 60 days end of month
To have those two conditions separately is easy. However, I can't see the settings to have both in the same payment term.
Thanks for your support,
Stanislas Bresinhi Bersin,
You can use the T Code OBB8 or follow the path
Financial Accounting>Accounts Receivable and Accounts Payable>Business Transactions>Outgoing Invoices/Credit Memos>Maintain Terms of Payment
click on new entries and enter the payment terms name and days limit and all the required info...
Regards
Ranjit
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