Individual payment in vendor master

hi,
if this is NOT ticked, what is the implication during F110?
i read FI but not quite clear.
thanks
rgds

Hi,
A tick on this would mean all the open items for a particular vendor are paid individually.
For eg, if you have 10 open items,
- If this is ticked, you will have 10 payment documents and 10 cheques
- If this is not ticked, you will have one payment document and one cheque for all open items.
The second option is advisable always.
Caio
Raghu

Similar Messages

Terms of payment in vendor master

Can we have different terms of payment in vendor master? if yes what is the use of it?

you can have payment terms at company code level and payment terms at purchasing org level.
Company code level payment terms come into the game if finance posts invoices for which you do not have any purchase order.
In a purchase order the payment terms from purchasing org view are taken.
2fields are needed because vendors like a restaurant may not need purchasing views, you never create a purchase order. But finance may have to pay a bill.
And the other way around, you may have vendors with purchasing view, that do not need company code data, as they serve only purchasing needs as order address or goods supplier, but the invoice is posted to the main vendor.

Blocking payment in vendor master,

Dear All,
Please explain me how to block vendor payment in vendor master,
thanks

Hi,
you can set it in the vendor master record on screen 'Payment transactions Accounting'
For your information reffering to the IV process, payment block and payment method is derived from
payment term instead of vendor master. Please check with OBB8, " pmnt
block/ pmnt method default".
For more information about this, please refer to the notes 322430
and 177224.
If the vendor is blocked, automatic payment program (F110) will not
pay the vendor during the payment run. You can find more information in
F1 help of "payment block" field in master data (LFB1-ZAHLS).
MIRO is strictly PO-bases, the payment terms are copied from the PO
rather than from the vendor master. The business reason is, that the PO
represents the contract between vendor and customer including the terms
of payment.
Best regards
Erika

Automatic Payment Program / Vendor Master Bank Details

Hi All,
in Vendor Master we have bank details section.for the vendor to be picked in APP, There the bank should be maintained, which is maintained in FBZP. Please correct me if I am wrong.
Does the Payment Method have any role to play here?I mean if the payment method is Q(cheques) , is it not needed to maintain the bank details in Vendor Master?
Regards
Rudra

Hi Rudra,
your Question:-
in Vendor Master we have bank details section.for the vendor to be picked in APP, There the bank should be maintained, which is maintained in FBZP. Please correct me if I am wrong.
In FBZP, we maintain the Bank Accounts which we own and in vendor master we enter the Bank Account No.'s held by the vendors with their banks and this has got nothing to do with House banks that we maintain in FBZP. In some of the cases, the bank key may play a common role.. but this also depends upon bank key, its usage, design etc..
Does the Payment Method have any role to play here?I mean if the payment method is Q(cheques) , is it not needed to maintain the bank details in Vendor Master?
In FBZP, go to Pmt methods in a country.. There you will find a section which says, "Required Master Record Specifications". In configuration, you define for a Payment method, what the system should check, so if you have specified against a Pmt Method, that Bank Details>Account Number Required is a mandatory field, then system will check otherwise not. Usually, in case of Checks, we do not tick this as Vendor Bank Account No. has no relevance in case of check payment.
Regards,
SAPFICO

Term of Payment in Vendor master

In vendor master ,why are we maintained the Term of Payment in two diffecent place one is Accunting and other Purchasing view?
I cant understand why are we maintain the same thing in diffrent place in same master data.Please explain in detail.

Payment terms defined in different views of vendor master will used in particular modules only.
In MM module,payment terms defined in purchasing view is used in purchase order,LIV.
Whereas payment terms defined in accounting view is used in FI module(invoice using F-43,FB60 etc.,)

Individual Payments to vendors

Hi Experts
Is there a report which will list individual payments to each vendor and credits. This includes every single payment made invoices, direct debit payements etc.
I need the values to be net and be able to search by period, cost centre, general ledger code.
Any help gratefully received.
P

Hi,
Normally payments are booked via document type "KZ".
You can execute thru fbl1n, and in the multiple selection choose Doc Type "KZ" and select all items till date.
You can then as per your wish can create the sorting and subtotals.
Also you can download in excel and do the further processing.
There is one more suggestion: You can create query on table BSAK in which all cleared vendor line items are stored.
Hope this will help, if yes, please assign points.
Regards,
Harish

Why we should not assign WHT Code for Payment in Vendor Master

HI
I have doubt re WHT. When WHT Types for Invoice and Payment are assigned in Vendor Master, Why Its suggested to maintain WHT Code only for Invoice, why not for Payment. Pls clarify my doubt.
Thanks

Dear
It all depends upon the situation. Sometimes we may pay advance to the vendor. At that time, if we need to deduct tds then we need to incorporate payment tax code in the vendor master. Sometimes we may do either fb60/MIRO and at that time we need to deduct tax then we need to incorporate invoice tax code in the vendor master.
There might be different orders on the same vendor and there might be different areas operating the same vendor for invoice booking/payment. In such situations, we need to maintain both invoice tax code and payment tax code in the vendor master since tds need to be deducted at the time of invoice booking or payment to vendor whichever is earlier.
When first advance payment is made to the vendor and when tds amount is deducted, then at the time of making MIRO we need to remove invoice tax codes so that tds is not deducted twice.
Hope the above clarifies.
Regds

(Vendor) Master records with individual payment

Hi
for company code AD12 for all vendors we are using the individual payment because we dont´t have payment advices.
And without them the vendors are unable to allocate our payment to open invoices.
But the problem is:
We post an invoice and a credit note on the same vendor (with individual payment). When we do the payment run, the invoice will be paid and the credit note disregard. Is there a way to charge these 2 documents?
Thanks
Swetha

Usually in a payment form there is place for several references (XBLNR). It depends from country to country. You should see how many references you are able to put in the form. Then you should go in FBZP, Pmnt methods in company code, choose company and payment method and open "Pyt adv.ctrl'.
If you want up to 4 references per payment, you should enter: retricted to 4 rows; NoPytAdv; distribute items, ... lines per pymt.
If you need more information, please specify the country and your SAP release.

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

Individual Spec. checkbox on Vendor Master

Hello !
On the Payment Transaction tab (in the General Data section) of the vendor master there is a checkbox 'Individual Spec.'.
I would appreciate it if someone could explain how this checkbox is used.
We would like to specify a alternate payee directly in the PO... or change the alternate payee during MIRO.
Is this checkbox for that purpose?
Where on the PO can we specify the alternate payee?
Where on MIRO can we specify the alternate payee?
Please advise.
Thanks,
Anisha.

1. In case you tick Individual specification box, while executing automatic payment, you have the option of entering the address or bank details which actually differs from the one in the Vendor Master Record.
2. You can specify alternate payee in Vendor Master Record.
3. To make payment to different vendor : Make the payment through F-53, Then go to FCH5, assign the check manually.

Payment terms in vendor Master

Hi,
In XK01- create vendor master, There are two payment terms--> payment transaction field and other in purchasing organisation data.
Is there a configuration which will default the payment terms in purchasing org screen based on the inputs in the company code screen
Regards,
Srijith

No there is no such customizing.,
Not every vendor with purchasing org data needs company code data. Not every vendor with company code data needs purchasing data.
The payment terms at company code level are used if you post non-PO related invoices with FI transactions.
the payment term of purchasing org data is used if the process is PO related.

Payment terms on vendor master

Hi experts,
in vendor master we maintain payment terms at accounting view and purchasing view,
both are mandatory to set or only one at accounting view is mandatory?
is it possible to change payment terms at purchasing view apart from payment terms set in accounting view ?
if we set at accounting view only is it available for all purchase orgs ?
if we give it in both which one is prioratised ?
please clarify in this asap,
will reward points
Thnaks & regards

There are many invoices coming into a company for which you will never create purchase orders. Such as from customs, from the electrical supplier, from a restaurant for a business dinner.. For such vendors you do not need purchasing views, hence it is necessary to have a field for payment terms at company code level. You will post invoices with FI transactions.
It is possible to create POs long before company code data is needed in a vendor master. For a PO you need payment terms, payment terms will only default from purchasing org data to the PO.
You post your invoice using the invoice verfication transaction of MM: e.g. MIRO in reference to the PO.
Usually you would have the same payment term at comapny code and purchasing org level for one vendor, as the vendor will not necessarily know if you have SAP and if you order with or without PO.

Payment method not defaulting from Vendor master data

Hi All
I am running F110 payment run. In the Payment proposal SAP is not pulling payment method from vendor master data for some invoice. we have like two payment methods , Sap is defaulting payment method for one type of payment method and not defaulting for the other...What could be the possible reasons?( for both the invoices We are not maintaining any payment method)

Hi
In F110 if payment methods are different from vendor master data and payment methods mentioned in parameters tab it will take payment methods from parameters tab, so that you have to give both payment methods in parameters tab so that it will consider both.

Payment Terms not copied from Vendor Master to PO

Hello,
PO was created for a Vendor and Vendor master has the correct payment terms but they did not get copied to the PO.
Thanks
Megha

Hi Megha,
Did you maintain the payment terms in the Purchasing area of the vendor?
SAP says
Master records have separate areas for Financial Accounting, Sales, and Purchasing. You can specify different terms of payment keys in each of these areas. When you then enter a business transaction, the application in question will use the key specified in its area of the master record.
Thanks
Aravind

Payment terms in PO and vendor master

PO should be able to override payment terms of the vendor master when a payment term in PO is different from the payment term in vendor master.How do I make it work?
Regards - SS

Payment trerm of the PO can not be overwrite the payment temr of the vendor master becuase the vendor master is master data and Po is transaciton data.
you can over write the payment term of the vendor master defualted in the PO but not other way around.

Individual payment in vendor master

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