FIX DATE in Payment terms

HI All,
we have a requirement where the due date should be a fix date, say 31st march 2007, irrespective of invoice date.
Please let me know if this can be configured & how?

Hi
Sorry Suryu , But here we want specific date along with the month (15/10/2008) as a baseline date , We can obviously set specific day but month for due date depends upon posting date or document date
For instance today is 11/09/2008 if I want my payment term baseline to be set at 15th of october 08 then I can make a fix day 15th and also additional month 1 so it will make baseline date 15/10/2008 for only those transaction which is been done on september, but again in october it will add another month so it will become 15/11/2008
Please let me know if you have solution about this

Similar Messages

  • Fixed Date for Payment term

    Hi,
    We have a customer with three fixed date of payment depending on the invoice date, but we do not know how to customize payment terms with fixed date. It seems it is not possible with OBB8...
    Thank you very much,
    Ariana

    Hi Ariana,
    Yes it is very much possible using OBB8 to have fixed date of payment.You have to make use of the field Day Limit (which is just below the payment tem field) and Fixed Day and Additional month (Which you will find in the tab for baseline date calculation) in OBB8
    Lets say the you want the TOP (Terms of Payment) like
    1) For invoicing up to 10th of the month the baseline date is 30th of the current month
    2) For invoicing up to 20th of the month the baseline date is 15th of the next month
    3) For invoicing up to 30st of the month the baseline date is 30th of the next month
    Hence when lets say u create a TOP say TEST in OBB8 you will make the configuration as below
    1) Payment Term: TEST, Day Limit: 10, Fixed Day:30, Additional Month: 0
    2) Payment Term: TEST, Day Limit: 20, Fixed Day:15, Additional Month: 1
    3) Payment Term: TEST, Day Limit: 30, Fixed Day:30, Additional Month: 1
    Hope this helps you
    Reagrds
    Pratiksha
    *Assign points if helpful

  • Baseline  date in payment terms

    Hi experts,
    There're 4 kinds of baseline dates in payment terms: no default, posting date, document date & entry date. I have gone through the relevant thread & tested in the system.
    However, I found no differences among them, i.e. no matter which baseline date is selected, billing date automatically captures actual delivery date from delivery when creating invoice.
    Why? Is there something wrong?
    Plz help. Many thanks.

    As I already mention, baseline date for payment is the date from which the terms of payment apply.
    So,
    - No default for the base date, this Indicates that no default value is required for the baseline date for payment. You then have to enter the base date manually during document entry.
    - Propose posting date, this Indicates that the posting date is to be proposed in the base date field during document entry.
    - Propose document date, this indicates that the document date is to be proposed in the base date field during document entry.
    - Propose entry date, this indicates that the entry date is to be proposed in the field Base date during document entry.
    Where,
    Base Date is the date to be entered in the header of a document.
    Posting Date is the date on which a business transaction is transferred into one or more accounting ledgers on document entry.
    Document Date is the date on which the original document (such as vendor invoice) was created.
    For understanding refer following links:
    [Terms of Payment|http://help.sap.com/saphelp_40b/helpdata/en/96/8b3fc643ce11d189ee0000e81ddfac/content.htm]
    [Baseline Date for Payment|http://help.sap.com/saphelp_46c/helpdata/ru/e5/0783804acd11d182b90000e829fbfe/content.htm]
    Hope this can assist you.
    Thanks & Regards
    JP

  • 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,
    CS

    Hi,
    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

  • Calendar date & net due date (FI) PAYMENT TERMS - OBB8 Vendor Invoice

    I read many posts on SDN forum about the topic.
    Anyway, I didn't find a simple solution for that.
    My aim is is to calculate a net due date based on working days.
    So, If I've got a 30 days document days payment term  ("Deafult for baseline date" = Document date ; Additional Months = '2'), a Vendor Invoice (document date = 12.05.2011), by standard net due date will be 12.06.2011.
    FROM 12.05.2011 to 12.06.2011 =
    32 CALENDAR  DAYS         
    22 WORKDAYS (32 minus  10 holyday - 2 weekends)
    WORKDAYS PAYMENT TERMS  Within 30 workdays Due net
    Vendor Invoice  document date = 12.05.2011
    plus   30 workdays   =  DUE DATE  22.06.2011  (and not 12.06.2011)
    Can I obtain that with a standard functionality?
    Edited by: Roberto Buono on Jul 1, 2011 2:29 PM

    Hi,
    Sadly this is not available as standard.  As per your need the Net due date should be worked out by using a factory calendar; but what this does is it delinks the direct correlation between the number of days in the payment terms with the difference between the due date and baseline date.  I hope you are aware that Net Due date is not stored but is a variable calculated during run time in reports.
    There are four things you can try:
    1.  The simplest to do is: As the number of weekends are fixed; and if the intention is to give a 30 working day term, then add on the number of weekends and make the payment term effectively for say 40 days.  There will be marginal variations over what you want. Best part here is that config remains standard.
    2. All the receivable reports will use a function module (usually the same one) to calculate the net due date; enhance the FM and make it consider a factory calendar for calculating due date.
    3. Enhance the accounting interface, and in runtime; modify the days that are coming from the payment term; based on a factory calendar, and update the accounting document. This delinks the days mentioned in the payment term and the accounting document and may not be palatable.
    4. Enhance the accounting interface, and in runtime; calculate the due date and update the baseline date with it and make the payment term as "Immediate" yielding the desired due date. Not very elegant.  Alternatively add to the baseline date days equivalent to holidays and weekends and keep the days from payment terms constant and update the accounting document. Better...
    All four options have somes pros and cons.  I do not see any other means of acheiving what you want.  Maybe you could restrict users to a custom receivables/due date/ageing report which delivers what you want and lock the standard reports.
    Cheers..

  • Function Module to Calculate Due Date from Payment Terms?

    I'm writing an aged debtor report as the SAP standard one isn't quite right for our requirements.  Is there a function module that will calculate the payment due date if I give it the payment terms and the base line date?
    I did a search in SE37 but couldn't see one which fitted my requirements (I was searching on CALCDUEDATE and variantions of).
    Any suggestions welcome, thanks.
    Gill

    Hi,
    Use the FM FI_TERMS_OF_PAYMENT_PROPOSE for calculating the Payment due date
    call function 'FI_TERMS_OF_PAYMENT_PROPOSE'
      exporting
        i_bldat         = gv_bldat
        i_budat         = gv_budat
        i_cpudt         = sy-datum
        i_zfbdt         = gv_zfbdt
        i_zterm         = gv_terms_paym
        i_bukrs         = gv_comp_code
      importing
        e_zbd1t         = gv_zbd1t
        e_zbd1p         = gv_zbd1p
        e_zbd2t         = gv_zbd2t
        e_zbd3t         = gv_zbd3t.
    Regards,
    Dwaraka.S

  • Default for baseline date  in Payment terms

    Hi All,
    Can anyone please explain me the options in OBB8 default for base line date 1. No Default 2. Posting Date 3. Document date 4. Entry Date while creating payment terms with examples.
    It's very very very Urgent!!!!!!!!!!!!
    Thanks in advance.
    Boppana

    Hi,
    The following are the examples:
    1. No default:  Self explanatory, hence system does not consider any default value to start for calculation of due date. The baseline date has to be entered manually at the time of Invoice creation.
    2. Posting Date: The date of entry in the system 31-Jul-11 (after two days).
    3. Document Date: The date on the physical Invoice which we key in at the time of Invoice entry. Say for example 25-Jul-11.
    4. Entry Date: This is the system date i.e. todayu2019s date 29-Jul-11. This date is internal in the system and not controllable or editable.
    To summarize, for 2, 3 & 4 the system defaults the baseline date (changeable) at the time of Invoice entry but, for 1 system does not default any baseline date.
    Regards,
    Kiron Kumar T.

  • Due date and payment terms data

    Hi All,
    Goodday to you all!
    My client is posting one transfer posting.
    He is transferring the normal customer line items to special GL items through FB01.
    Giving the first lime item posting key as 09 and customer number and special gl indicator
    But after going inside only the Dueon field shows as mandatory and there is no field called Payment terms.
    This dueon field is for taking the baseline date for calculating the due date.
    The payment terms field is optional in both the field status (Posting key as well as GL account field status variant)
    But the payment terms field is not showing while entering the transfer document !
    Can anybody advise me on this /
    Thanks in advance
    Shankar

    Hi Shankar,
    > Goto Tcode OBC4
    > select your field status variant
    > DoubleClick on Field status groups
    > Goto General (with text, allocation) - G001 (incase of standard SAP)
    >Goto payment transactions
    > Click on Req Entry or opt. entry in front of payment terms.
    Payment terms will appear in FB01
    Regards
    Saurabh

  • 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 define payment term - Net due 45 days after month end

    Anyone have experience of payment terms such as "Net Due 45 days after Month End"?
    I'm trying to define payment terms where the amount is due X days after month end.
    Terms such as 10 days after month end are OK because I can set "Months Ahead" = 1 and "Day of Month" = 10
    However, I can't exceed a value of 31 in the "Day on Month" field. I could assume that a month is 31 days and therefore set "Months Ahead" =1 and "Day of Month" = 14. However, this won't always be true (depending on the month) and it will impact aging buckets.
    Anyone encountered this before? (These payment terms seem to common in France and Denmark)

    Hi Supriya,
    In OBB8, create a new payment term with the following settings -
    Default for baseline date = No default
    Payment terms/Term 1/Fixed date = 1
    Payment terms/Term 1/Additional months = 2
    This payment term will ask you for a baseline date on document entry. You can give the delivery date as the baseline date. If required, this date can be changed after posting the document also.
    Hope this helps.
    Regards,
    Mike

  • How to Create payment term for -Net Due 1st Day of Second Month Following

    Hi,
    We need to add a payment term for "Net Due 1st Day of Second Month Following Delivery". We need this to be in the system as soon as possible as we just were told of a change in terms for our client effective May 1st.
    Kindly advice me how to select the dates in OBB8?
    Thanks
    Supriya

    Hi Supriya,
    In OBB8, create a new payment term with the following settings -
    Default for baseline date = No default
    Payment terms/Term 1/Fixed date = 1
    Payment terms/Term 1/Additional months = 2
    This payment term will ask you for a baseline date on document entry. You can give the delivery date as the baseline date. If required, this date can be changed after posting the document also.
    Hope this helps.
    Regards,
    Mike

  • 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

  • How to fix payment term in purchase order

    Hi: Everybody
    can you tell me how to fix value of payment term when creating or change purchase order? that means this field value just copy from vendor master data. and users can not change this value.
    I try to research screen field control in SPRO. however, may standard sap not provide this function.
    thank you
    Henry

    Hi
    This can be acheived using the Field selction control.
    Check the field selction key for the PO document type.
    SPRO-> Materials Management-> Purchasing-> Purchase Order-> Define Document Types.
    Now maintain the filed selction key in
    SPRO-> Materials Management-> Purchasing-> Purchase Order-> Define Screen Layout at Document Level
    In the filed selction group Terms of delivery and payment, maintain the field selection option as display for the fields
    Terms of payment
    Terms of payt. (days, percent)
    For the field selection key ME21N & ME22 also maintain the same
    Thanks & Regards
    Kishore

  • Payment terms and Due date field gets emptied after residual clearing

    Hi
    There is advance of Rs.50000 in Vendor ledger and Invoice of Rs.200000 (with payment term - G019)
    I cleared these two line items (residual clearing). One new line item got created of Rs.150000. When i saw that line item, i saw that there payment term field and due date field got emptied. My requirement is that the original payment term entered in initial invoice document (of Rs.200000) should automatically get populated in new line item of Rs.150000.
    How to fulfill this requirement?

    Thanks for the prompt reply.
    I wanted to ask one more thing. Same way when i do partial clearing (not residual), is it possible to populate the invoice's due date in advance line item. One link is that my invoice reference gets populated advance line item. So i want due date (not payment term) also to get populated in advance line item.
    Please help.
    Edited by: Deepak Agrawal on Jul 29, 2011 11:43 AM

  • Baseline date determination for Vendor Payment Terms

    Hi gurus ,
    Here is the question :
      In Financial Accounting> Accounts Payable & Recievable>Vendors>Business transactions>Maintain Payment Terms
      While maintaining payment terms Baseline date needs to be determined . What is the importance of Document date and Posting 
      Date for maintaining payment terms for vendors ?
    Could anybody give some information on teh influence of Document Date and Posting Date formaintaining payment terms for
    Vendors.
    Any help is rewardable since i m a technical ABAPER have very little knowledge about FICO Functional.
    Thanks
    Kylietisha
    Edited by: kylietisha on Jul 22, 2010 6:14 PM

    Hi,
    Suppose your Document date is 1.1.2010 and Posting date is 5.1.2010.  And payment term 10 days for discount 5% and no discount thereafter.
    If you set the baseline date as Doc date, your due date falls on 11th. Which means you cant post discount 5% if payment received after 11th.
    If you set the baseline date as Posting date, your due date falls on 16th.  Which means discount is given till 16th.
    Hope this clears your doubt.
    Ravi.

Maybe you are looking for