"Day limit" in terms of payment
hi all,
can someone explain me the purpose of the below fields in terms of payment, preferably with scenario ?
day limit
fixed day
additional months
Regards,
Surya
Hi
Below are the explainations
1.Day Limit - Day Limit Field which you find under Payment Term is for giving the Day Limitations.. ex : if Business says that they want to give Discount of 2% for the Invoices Posted till 15 th of evey month. and 0 % for the Invoices Posted after 15th to 31.
when you give 15 in Day Limit Field - the system checks for the Invoices posted till on or before 15th and for invoices Posted after 15 , discount will not calculated.
2.Fixed Day - If Business decide to Give discount if the Payment is done on a perticular day or date then we give here tht date.
ex:15th of every month.
3.Additional months - if the discount and Payment Due date should be next month or comming month ..we use this Field. Ex : for an invoice posted on or before 15 of this Month the Net Due date should be 20 of Next month then ,we create the Payment term
day Limit -15, Fixed date 20 and Addtional Month 1
Hope the above explaintations clarify your doupts.
Thanks
Goutam
Similar Messages
-
Day Limit, Fixed day/Additinal months & Baseline Date in Payment Terms-OBB8
Hi Gurus,
Please put some light on the following:-
1. What is the relation between Day Limit & Baseline Date.
2. What is the use or significance of Day Limit as far as Payment Term for Vendor/Customer is concerned?
Thanks & regards,
CSHi,
The day limit is used to process the document for due date determination based on the baseline date (document date, posting date etc. which is specified in payment term) of the documnt.
For example, if you have defined first payment term P000 with the day limit as 15 and second P000 with day limit 31, then the documents having baseline date 15th or before will attract first payment term for due date calculation and documents with baseline date after 15 will attract second payment term for due date calculation.
I hope the things are clear to you now.
Regards,
Gaurav -
Hello Gurus
What is the "Day Limit" in Payment terms.
If there is multiple day limit for a single payment term,which will be determined in the Purchase order?
With RegardsPurchase order will just so all the day limit but when you post the invoice that time based on the invoice date system will take the discount defined inthe payment term based on the days limit
e.g
your payment term is
10 day 5 %
20 day 2 %
30 days 0 %
now suppose you are posting the invoice after 10 days than system will pull the discount 2 %
that's how system is works -
Day Limit Field in the Terms Of payment
hi,
may i know how to use the day limit field in the terms of payment maintenance with some real live examples?Hi Raja,
The concept of day limit is to divide the Terms of Payment (TOP) in to different intervals
I will give you an example of that
As you know you mantain TOP in the customer master data
Suppose for the same customer you want the baseline date will be different in different time interval of the month
1) Invoices which are raised in the first 15 days of the month you want to have the baseline date as 15th of the next month
2) Invoices which are generated in the last 15 days of the month for the same customer you want the baseline date should be the 30th of the next month
So in this way you can have different baseline dates for a customer for the same TOP
Regards
Pratiksha
Please assign pouints if helpful -
Hi friends,
Can any one tell me how to change the day limit for a payment term. I have tryed to change it in transaction OBB8 and in the table T052 but that particular field is grayed out. Can someone help me in this regard.
Thanks in advance
SrikanthThe day limit field can be changed in transaction OBB8. My recommendation to you is to copy the payment term and create a new one. This is just in case you are unsure which customers/vendors are currently using that payment term. Unless you want to make that same cay change for everyone using the payment term. Don't forget to update the master record for the new payment term.
I hope this helps! -
Greetings to all FI experts,
I would appreciate your feedback on this. Currently, we are planning to change the day limit for one of our payment terms ( Tcode - OBB8 ) from 30 to 0. My concerns are what are the forseeable impact of this changes in day limit. Whether it will impact on the due dates or other settings ?
Looking forward to your reply. Many thanks in advance.
Warmest Regards,
Ediehi,
the impact will be, that the due date is equal to the Baseline date for due date calculation: ZBD1T = ZFBDT
->master data with that payment terms have to pay immediately
A. -
The same payment term with two different Day Limit
Hello Experts,
I have the same Payment terme AAAA: 45 days, end of the month for two different Day Limit (15 and 31)
2 calcul mode are possible :
1/ fixed date :31 + additional months :1
2/ fixed date :31 + additional months :2
Actually this is the second method in use and according to the informations I have it should be the first one.
Then the user for the 16/04/2010 as Baseline date, is expecting the end of May ( 16 + 45 days >> 31th of May > 31/05) But the system calculate it for the 30/06/2010.
I want to understand the settings and how to correct.
Thank you in advanceHello,
Need your answers -
Multiple payment term with different day limit
We have three payment terms with multiple day limit. for example: ED11 (day limit 10), ED11 (25 day limit) and ED11 (32 days).
User enter just ED11 but i dont understand how system understand which out of the three is the require payment term.
Users feel that due date calculated is wrong. In most case it calculate the due date exactly based on the days mentioned in the payment term. In all cases, days mentioned are 90 days.
In one case, due date if it is (just 90 days) 30/04 but user feels it should be 10th May in the following (obviously he is reffering to ED11 daylimit 10). In this case, SAP calculate 90 days. Is it because of too many payment terms which same name.
Best,
BalaHi,
Please go and check the following path.If teh user wants no. of days as 10, then it should be maintained as 10 in the no. of days field in Payment terms. I think in your case it may be maintained as 90.
IMG->Finacial Accounting->General Ledger Accounting->Accounts Receivable and accounts Payable->Business Transactions->Outgoing Invoices/Credit memos->Maintain Terms of Payment->Check No. of days in Payment terms.
Assign points if u consider this to be useful.
Thanks,
Prithwiraj -
Hi All,
Could anybody will give bit explanation how will SAP will work in below Scenario:
Customer: X--- Assigned with Payment Term: ZB08
At OBB8, we defined two Paymet Term with ZB08, day limit are different. While posting document to vendor, which Payment Term i.e Payment term with Day limit will populate at document level.
Thanks inadvance.
Regards,
VenkatDear Srikanth,
Thanks for your immediate reply & valuable time.
I tried as you said, When i try to post Document on 06.05.2009 to vendor getting as below:
Payment Term: ZB08 Days/Percent: 40/2.125 50/ ( Blank)
In OBB8, we define as follows:
ZB08 ( 15 Day Limit)-- Default for Baseline is Posting Date-- 2.125--Fixdays 15 & Adition month 01
31 01
ZB08 ( 31 Day LImit)-- Default for baseline is Posting Date-- 2.125--Fixdays 31 Addtional Month 01
15 02
Could you explain me, Why SAP taking 40 instead of 15 & 30 days based on posting date?
Thanks inadvance.
Regards,
Venkat -
Day Limit in Change View "Terms of Payment":Details?
What does exactly does the Daylimit field in
"Change View " Terms of payment": Details "means?
A detail explanation with an EXAMPLE is well appreciated.
Thanks for your timeHi,
The DayLimit Under Payment Term is Used to specify Perticular date to which you want the " Payment Term" or Condition should apply on the Invoice. Explain you with simple example.
Eg: 1.Payment Term 1001
DayLimit 15
Discount 2%
With the above inputs system Consider only the invoices posted on and before 15th date for 2% discount and for the Invoices posted after 15 of every month the said discount is not calculated or system will not consider the line for discount.
Eg. Payment Term 1001
Daylimit 31
Discount 4%
with the above inputs system consider's invoices posted from 16 to 31 dates for discount of 4%.
So If requirment is like this invoices posted on or before 15 should get 2% discount and invoices posted between 16 to 31 should get 4% discount then you can create the above manner.
Hope you doupt is cleared .
Thanks
Goutam -
Terms of payment - More lines in Terms, %of Discount & No. of Days
I am facing the problem of defining more than 3 cash Discount rates while defining Terms of payment in OBB8,
the requirement is 90 days credit with following discount rates:
Days %of Discount
0-5 6
6-20 5
21-35 4
36-50 3
51-65 2
66-80 1
net 81 days
Is there any standard settings to be done for this, or any work around can be done
Immediate help will be appreciated.
thanks
Rakesh
RakeshHi Rakesh,
this is only a suggestion not a solution which I am specifying. I could have tried on my own but today I dont have access to SAP.
Check whether we can devide one terms of payment(TOP) in to three TOPs by using day limit field
When you create a TOP, say RAK, in the day limit field provide 10,20,30 like this and try
Regards
Prastiksha -
Terms of payment: 85 days. 10 & 25
Dear all,
I need to create a new terms of payment for Spain: "85 days. 10 & 25".
No problem to create it, but with days 6 and/or 7 of each month it doesn't work propertly. Depending on the days of each month.
I created it in the following way:
Day limit: 7
Nº days: 115
Fixed date: 10
Day limit: 15
Nº days: 85
Fixed date: 10
Day limit: 31
Nº days: 85
Fixed date: 25
For example, in october it works Ok:
06/10/2010 --> 10/01/2011
07/10/2010 --> 10/01/2011
But for november:
06/11/2010 --> 10/03/2011
07/11/2010 --> 10/03/2011
But it should be 10/02/2011
How can we manage the days depending on each month?
Thanks in advance,
InéHi,
Please go through as per this thread. You may reach your requirement.
Payment Terms
Regards,
Schilukuri -
Fixed day limit to calculate Due date for payments
Dear Gurus,
My Management wants to regulate its cash flows and want to use terms of payment in such a way that customer invoicing should be due on whole month evenly
Proposed payment plan is that
if invoices are created with 01 to 15th of the month, term of payment should be 40 days due net
if invoices are created with 16 to 25th of the month, term of payment should be 30 days due net
if invoices are created with 26 to 30th of the month, term of payment should be 25 days due net
so according to above scenario, plan should be
Invoice date Payment terms payment due date
9/1/2011 40 10/11/2011
9/15/2011 40 10/25/2011
9/16/2011 30 10/16/2011
9/25/2011 30 10/25/2011
9/26/2011 25 10/21/2011
9/30/2011 25 10/25/2011
Requirement,
Please advice how to cater it through OBB8 or should we have to look towards ABAP solution
BR
SajidaHi
Create the payment terms like
1)
Payment Terms Z01
Day Limet 15
In Payment Terms TAB
Term Percentage No,of.days
1 0.00 40
2)
Payment Terms Z01
Day Limet 25
In Payment Terms TAB
Term Percentage No,of.days
1 0.00 30
3)
Payment Terms Z01
Day Limet 30
In Payment Terms TAB
Term Percentage No,of.days
1 0.00 25
This will resolve your issue,we can create multiple levels with same payment term with different day limit
Thanks
Kameshwar Rao -
Change terms of payment and credit limit
Hello, i need to change the terms of payment of a customer as well as his credit limit.
CUSTOMER - terms of payment
KNB1-ZTERM
KNVV-ZTERM
CUSTOMER - credit limit
KNKA-KLIMG
KNKA-KLIME
KNKK-KNKK
any idea of how to do this (bapi or FM) besides of doing a BDCTry function "BAPI_CUSTOMER_CREATEFROMDATA1"
First look at it seems to show that it might work. It calls function "SD_CUSTOMER_MAINTAIN_KNKA_K":
(iv) insert the credit control data
IF CREDIT_CONTROL_FLAG = 'X'
AND SY-SUBRC = 0.
CALL FUNCTION 'SD_CUSTOMER_MAINTAIN_KNKA_K'
EXPORTING
PI_REF_CUSTOMER = I_BAPIKNA102-REF_CUSTMR
PI_CUSTOMER = I_BAPIKNA103-CUSTOMER
EXCEPTIONS
KNKA_INSERT_ERROR = 23
KNKK_INSERT_ERROR = 24.
ENDIF.
Would still require some investigation. But seems like it might be a good starting point for you.
~Ian -
Terms of payment- 2 additional days are considered for giving discount
Hi All,
I am facing a problem with Terms of payment.
I have configured a new terms of payment as "34 days -2% and 35 days net due".
Surprisingly it is giving discount even if i pay on 35 and 36th day also. In OBB8, i have taken Document date as default date for calculating days and i have not given any additional days.
This is text displayed at OBB8 "Within 34 days 2 % cash discount Within 35 days Due net".
Eg: I post doc on 01.04.09 and bline date is 06.05.09.
Even when i pay this on 06.05.09 or 07.05.09, it is giving 2% discount.
Please let me know why system is considering 2 additional days. This problem is there even in other payment terms also.
Ours is a US based project.
Regards,
Rajanikanth.Hi Rajini,
In your case, system allows due date + 2 days for grace days. Therefore the actual due date in your case is 05.05.2009 + 2 days = 07.05.2009. System will not calculate cash discount @2% on or after 08.05.2009.
I think you are maintainin "Tolerance Group for Customers/Vendors.
Please go to Transaction Code: OBA3. In OBA3, there is a field for "Grace days due date". I think you have given 2 days as grace days there. You have to remove grace days there and try it. Now system will not give 2 days as grace days while calculating cash discount.
Hope this helps you.
Regards,
Kannusamy S
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