Credit Transaction Pay terms

Hello Gurus,
For a normal invoice posting in FB60, I defined the vendor terms as net 30 days. But when I make a credit posting for the same vendor the transaction is posted with 001 days. Could you please tell me the settings of payment terms in this case for a credit transaction to the vendor.
Regards
Kishore Naidu

Hi ,
Please update the Payment terms in Vendor Master.
It might be '0001" which is immediate,
You change the same to the 30 days payment term.
then only it will work.
regards
N.Kumar

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in customer master, what is credit memo payment term?
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thanks
rgds

HI
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.
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Credit Memo Payment terms

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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)
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I have a client that I need to compare their top 10 transactions in terms of dialog steps to the SAP average. I don't know where to go to get that average. I know not all systems are the same and I also know this is pretty much an impossible task. Is there some place where averages for different configurations might be posted?

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in France they have to handle their pay terms more clear by law ( starting January 1st, 2009 ). My France colleagues want to use the term 45 day to month end. As far as I know, itu2019s only possible to enter this with a day limit:
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Hi,
Resolved.

I like to get some bonus coins for a game in my iPad , Try to using iTunes Credit to pay.i I try so many times.but the Message show contact iTunes . can't pay on time!whant can I do?

I like to get some bonus coins for a game in my iPad , Try to using iTunes Credit to pay.i I try so many times.but the Message show contact iTunes . can't pay on time!whant can I do?

Hi, I got the same problem. Did you fix your problem? How did you fix it? Thanks.

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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.
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Hi
Can anybody throw some light on the role of Terms of Payment in .Credit Management.
Thanks in advance
Ravi

Dear sankar ravi,
Credit management
Purpose
Outstanding or uncollectible receivables can spoil the success of the company greatly. Credit Management enables you to minimize the credit risk yourself by specifying a specific credit limit for your customers. Thus you can take the financial pulse of a customer or group of customers, identify early warning signs, and enhance your credit-related decision-making. This is particularly useful if your customers are in financially unstable industries or companies, or if you conduct business with countries that are politically unstable or that employ a restrictive exchange rate policy.
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Features
If you are using both the SD and FI-AR components, Credit Management includes the following features:
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Critical credit situations can also be automatically communicated to credit management personnel through internal electronic mail.
Your credit representatives are in a position to review the credit situation of a customer quickly and accurately and, according to your credit policy, decide whether or not to extend credit.
You can also work with Credit Management in distributed systems; for example if you were using centralized Financial Accounting and decentralized SD on several sales computers.
Hope this helps you.
Do award points if you found them useful.
Regards,
Rakesh
P.S. you can send me a mail at my mail id [email protected] for any specific details

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Hi,
Thanks for your reply, but with this we can see the for GBB which is the credit account and which account is use for debit entry, like this for all transaction event key like WRX, BSX etc. we can see the G/L account use for Debit and credit, but i want to know for particular selction of Plant, material , movement type, my GBB account will have entry in debit account or credit account How we can know this.
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Regards
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dear Sree
i understand your req.
probably user exit is the best way...
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Dear colleagues,
I would like to pay by payment on behalf in TRM transactions, which the payment order payed by transaction F111.
In TRM I do not work with vendors and clients, I work with company code and BP and I do not know how to do it.
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Regards

Dear Mar,
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jain

Customer took unauthorized credit when paying for invoices

How can I post a debit memo against a customers account during the incoming check posting process?
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You can also use the text field to describe why this was created to help the users figure out at the end of the month.
Award points if useful..
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Credit Transaction Pay terms

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