Discount Payment Terms

Hello Gurus
Please advise
Invoices with discount payment terms are not appearing on my payment proposal until the 10th day.Is it possible to enter a net 0 in the master data for these payment terms so the invoices will appear on my next payment run?

Hi,
Try with EKKO (purchasing document header).
Best Regards,

Similar Messages

APP ERROR FOR CASH DISCOUNT PAYMENT TERMS

Hi,
I am facing problem in F110 - APP run for cash discount payment terms. The error is "Error in creating the payment document". Suggest a suitable solution.
Shripad

Dear,
This problem is often cause due to changing payment term in the document. Use transaction FB03 enter the invoice document got Environment>Document changes. If you see the payment term has been changed then restore the old payment term into the document.
Regards,
Chintan Joshi.

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

Table for PO Discount Payment Terms

Hi Experts,
I want a report which contains the PO numbers which are having Discount Pyament Terms only. Please suggest from which table can I get.
Thanks in advance.
Regards,
kris.

Hi,
Try with EKKO (purchasing document header).
Best Regards,

AP Payment terms ( discount ) end on week end

Hi Gurus
I have a situation where payment terms for an invoice falls on Saturday.So when when we run it on following Monday it disallow the discount ( 2% ). We pay manually with 2% discount.How can we resolve this issue of discount date falling on week end ?
Kindly give me some solutions please ?
Thanks
Satya

Hi,
You do not need to create two payment terms. What you require here is proxima payment term.
While defining the payment term in AP, enter "15" in the cut off day. In the "Due" Tab, enter "31" in Day of Month and "0" in months ahead. In the First Discount Tab, enter 3% discount and "31" in Day of Month and "0" in months ahead.
Now, the system will automatically take due date for all the invoices received till 15th as 31st of the current months and for all the invoices received after 16th as 31st of the next month.
Attach this Payment Term to the Supplier and use it for all the invoice. No need to manually change it while creating the invoice.
I hope this functionality is available in the Application Version, you are working on.
Gajendra

Payment Term - Cash Discount

All,
I think that I have an easy question, but just wanted claridifcation.. I need to create a new payment term with a simple cash discount - just 2% if paid in full within 30 days and if not, no cash discount. Also, this is just for purchasing vendors.
Within configuration with the payment terms, is the following correct for what I need to do:
Term 1. 2%   30 Days
Term 2. 0%   30 Days (note, that I would leave the percentage field blank for this second line).
At first I thought that I only needed the first line for it, but after reviewing other posts on this topic I have seen that I would probably need the two terms. However, I am unsure if I need to do anything with the Fixed Date and / or Additional Months field. Or, if what I have listed above should be correct.
If you could provide any assitance, it would be much apperciated.
Thanks!

Okay, thanks!
But just to clarify - the net due date is actually 30 days, and they offer a discount if we pay it within the 30 days - so basically if we pay it on time, there is a 2% discount!
So setting it up it would be:
2% 30Days
       30days
Correct?
Thanks for your quick reply!

Enhanced Vendor Payment Terms for multiple discounts days

Hi
There is requirement of multiple discount days in a single vendor payment term.
Standard SAP provides only 2 discounts for a payment term.
Now we need as many as 30 discounts per vendor payment term.
How do we achieve this?
We are using 4.6c SAP version....
Very urgent please help..
Regards,
Krishna prasad

Hi Krishna,
Did you find the answer?
I too have a similar problem; if you could find the answer yourself please help.
Regards,
KKG

How can we have cash discount as well as vendor payment terms

We have vendor payment term of 2% 10 days, net 30. On top of it the vendor gives us 4% discount on certain POs where the total PO amount exceeds 20K. We want to have the 4% discount on the individual line item at the time of the invoice posting and then additional 1% discount from the payment term. We donu2019t want the PO price to change due to the 4% discount.
In MIRO, it seems we can take either the cash discount (field WSKTO) or the discount from the payment term (field ZTERM). How can we take both the discounts?

1 - The 2% 10 days, net 30
           It can be calculated using the Vendor payrment terms.
2 - The 4% discount which has to be applied on certain POs where the total PO amount exceeds 20K and should not change the PO price.
           I - Create a condition type with the calculation type A - Percentage and select the option Accruals in Control data 2.
          II - In the Calculation schema,
                                     Calculate the 4% value from the total of the PO Price.
                                     Untick the manual.
                                     Mark the condition type as Statistics.
                                     Enter a Condition Formula Calculation Rule (Calculation Type) or Use the Requirement to activate if the
                                            value exceeds 20K.
                                     Enter the Accrual key like (FR1, FRE ...) and assign the GL account to that.
                     By Maintaining this way, you affect only the internal price and not the PO price.

Posting Customer Payment Term Discount Separately

Hello Gurus,
I have configured the system for the Customer Payment Terms in SAP but I am having hard time showing that correctly in FBL5N.
For Example:
Invoice Value $100
Payment Term 2% Discount
Customer Pays on time $98
In FBL5N main display screen, I see the customer account after clearing as follows:
Invoice Value $100 (Clear)
Incoming Payment $100- (Clear)
To see the discount and actual cash posted to the right accounts, I need to drill down in the Incoming Payment Document Entry to see the following information:
40 Payment Discount $2
40 Actual Cash Received $98
15 Customer Invoice $100
Can I see the above posting on the main screen of FBL5N without using F-32 (Clear Customer) so that I could see the actual payment discount and actual cash paid by the customer?
Thank You
Salman Ahmed

Hi salman
With the help of ABAPER, Activate BTE 1650 and add a new column named discount in the FBL5N report.
Give the logic for the same to fetch the amount of discount in the said added column. Also, if the amount of receipt is also required, Column for actual amount received can also be added.
Through this you can get both the amount received and discount in the FBL5N report.
Regards
Nitesh

Payment Terms- Cash Discount based on Unit

Dear Friends,
I am Rajesh Parmar, I have problem in defining the payment terms for Sales and distribution in SPRO,
In the Standard SAP System, Payment terms has been define with percentage base cash discount for days ( e.g Within 14 days 2 % Cash Discount).
As per my business requirement, I want to have payment terms like " Payment within 4 days INR 3 per Unit Cash Discount ", and INR 3 per Unit should shows during incoming payment from the customer, if customer is making payment within 4 days
Kindly provide the solution for the above problem
Thanks & Regards,
Rajesh Parmar

Hi,
The documents which are already posted can not be changed. Alternatively reverse the posted document by using mass reversal then you post the new documents with new rules for this old transactions.
Prasad

Payment terms and discount voor the purchasing invoice

Hi all,
In the definitions of the payment terms, you can choose how the Due date should be based on: Document date, Posting date, System date or Closing date..we choose for the Document date. (due date = doc. date + 30 days)
In the payment terms you can also define a cash discount if we pay the suppliers invoice within certain days, than we can deduct a discount of the total amount to be paid.
So we define f.e. within 14 days, 2%.
However the title of this colums says: Days after Posting date and the system also react like this.
The posting date of the suppliers invoice can ofcourse be different as the document date of this suppl.invoice.
F.e.: Suppliers Invoice: doc. date 30/9/2008, Posting date: 18/10/2008, Due Date 1/11/2008 (Doc.date + 30 days)
Payment at 25/10/2008 by the payment wizard.
The wizard still deduct 2 % as the due date of this invoice has not been reached, while the 2% should only be deducted if we pay before 14/10/2008.
So as we defined the due date based on the Document date, but the cash discount uses the posting date. (column title)
Is this wrong in the definitions or standard behaviour.
How can I use the cash discount in the payment terms?
Please advise.
Best regards,
Carl Verhagen

Hi Peter,
I'm talking about the A\R invoice.
The supplier sent his invoice with document date 1/10/2008 and his payment terms is payment within 30 days.
We receive the invoice at 3/10/2008 and after control etc. we will post the invoice at 7/10/2008.
If we use the posting date as a base for the due date, the invoice have to be paid at 6/11/2008, but the suppliers due date is 31/10/2008 and that's a difference of 1 nearly week.
If there are problems (f.e. caused by ourself) and the invoice will be booked at 20/10, we still have time to pay it before the due date 31/10 instead of 19/11/2008)
I think that the supplier will not be amused if we use the posting date as the base for calculating the due date.
We can discuss what's right to use, but SAP B1 gives the opportunity to choose between Doc.date, posting date and system date as a base for calculating the Due date but for cash discount it's automatically the posting date??
Best regards,
Carl Verhagen

Payment terms Payables - Can a discount period be longer than the Due Date

My client regularly pays their supplier invoices beyond the due date but yet deducts the early payment discounts
anyway
I have tried unsuccessfully to create payment terms that would have the correct due date ex Net 30
But would nevertheless calculate the discount they wish to take even beyond that due date
For example try to set up a payment term 2% 60 Net 30
But the discount is always canceled beyond the due date even if I set the discount period to go beyond the due date
Now it is true they could still manually take it but the system would no longer calculate it for them
The only way I think I can make this work is to make the due date period equal to the discount period
So 2%60 Net 60
Am I missing something here
The client used to be able to do this automatically in his old Accpac dos system (take the discount anyway)
Any comments would be appreciated
Thank you
Georges Ostiguy

Hi Georges,
the application considers the due date as the pertinent date & uses this date to calculate discounts, ageing reports etc.So this date cannot be used as 'merely advisory'. This is also the reason why this date is always the last date where the application allows an automatic discount calculation to.
It is possible to manually change the due date of AP invoices & then adjust the 'Cash Discount Date Offset' field in the accounting tab of the document. This then allows an automatic re-calculation of the discount according to the payment terms & the updated due date.
Since your customer uses the due date on the AP invoice received as an FYI only, you could let them enter this date in the BP Reference field on the document in addition to the actual vendor refenece number & then make that column visible in Step 6 of 9 in the payment wizard. Then maintain the actual due date as decided by your customer in the document & adjust the cash discount offset date.
All the best,
Kerstin

Payment terms GL for discount received

hi all,
i have defined payment terms and have assigned the payment terms to the customer master record and successfully posted the document too. but i dont see any amount in the discount given account .
i have assigned the GL account in the transaction code OBXU.
can anyone please let me know if i have to set the gl account else where too???
vinila

Hi Vinila,
If it is for customers, you have to assign the GL accounts in OBXI - Discount expenses
OBXU is for vendors - Discount received
Also, you will get the cash discount entry only on payment. Hope you have posted a payment entry.
Regards,
Mike
Edited by: Michael Gerard Leo on Jun 18, 2009 2:41 PM

Payment Terms with discount

FI Gurus,
I recently created a new payment terms with a discount of 1 percent if paid within 10 days. Payable net if paid after. Everything has been going fine, up until I had a payment with a invoiced ate of Nov. 2008. I have the configuration to calculate the discount based on docuement date and not posting date. When I entered the invoice I even got a warning message that the discount for this invoice was expired. Which it gave me the confidence that I was on the right track. Then I went into the line item details and saw that the discount did not take place. But then when I went to pay the invoice thru BF system deducted the 1 percent. I then went to the account details and there was a discount showing. Did I missed anything during configuration?
Your suggestion will be greatly appreciated.

Maximum cash discount was checked in FBZP

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
Minhtb

HI,
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.

Discount Payment Terms

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