Installment payment term with full tax in one installment
Hi,
I have a requirement where customer is looking for a payment term which is like this
1. X% of invoice amount + 100% VAT amount due to XX days
2. rest of invoice amount due in YY days (No Tax)
We can have a payment term with 'Installment Payments' to get the installements but I am not able to deal with Tax amount separately. Like I am able to do X% of (Invoice +Tax) in XX days and (100-X)% of (Invoice +Tax) in YY days, which is incorrect.
I would appreciate if you could help me with this requirement.
Regards,
Harpreet
Hi Srikanth,
Thanks for your suggestion.
I am looking for way in which two accounting documents are created automatically by the system having the desired values. Due to huge number of customer invoices which will need this, it will not be possible to handle it manually and will leave a room for error due to manual intervention.
If somehow we can configure this payment term in system, then it would really help
Regards
Harpreet
Similar Messages
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Payment terms with 50% of value of the invoice in diferent dates
Hi Sap Gurus,
I would like to request your help for teh following issue.
We need to use a SAP condition that 50% of the invoice is payd immediatly and 50% in 30 days
How can do that?You have to create 3 payment terms
Ex:
1st step
create payment terms
Create 0005 payment term as Immediate
create 0006 payment term as 30 days due
create 0007 payment term as installment payment term (Here you need to check installment payment term)
2nd step
create installment payment terms
create 0007 50% with 0005 payment term
create 0007 50% with 0006 payment term
I think your problem will be solved
thanks ®ards
shankar chitupolu
Edited by: chitupolushankar on Oct 24, 2011 6:09 PM -
Incorrect Withholding TAX Split when using Installment Payment term
Hi SAP Gurus,
When we are using installment payments, the withholding tax is split and calculated in as many vendor positions as the installment payment term dictates. In our location (ECUADOR) it is necesary to calculate the Withholding TAX adding all the vendor positions (PstKy - 31) and posting only one Withholding tax position. When we simulate the document, we get the next snapshot:
001 31 0000100035 0.00
002 40 5201001001 Sueldos 1,000.00 60
003 31 0000100035 RAMOS ANDRADE CARLO 309.64-
004 31 0000100035 RAMOS ANDRADE CARLO 300.54-
005 31 0000100035 RAMOS ANDRADE CARLO 300.54-
006 50 2401003003 10% Retención Profe 30.36-
007 50 2401003003 10% Retención Profe 29.46-
008 50 2401003003 10% Retención Profe 29.46-
009 40 1301003001 IVA 12% 107.14
And we shoul get the next one for our needs:
001 31 0000100035 0.00
002 40 5201001001 Sueldos 1,000.00 60
003 31 0000100035 RAMOS ANDRADE CARLO 250,72- ==========> (Here is made the tax disccount)
004 31 0000100035 RAMOS ANDRADE CARLO 389,82-
005 31 0000100035 RAMOS ANDRADE CARLO 389,82-
006 50 2401003003 10% Retención Profe 89,28- ==========> (Here is the 3 tax positions added)
007 40 1301003001 IVA 12% 107.14
Regards,
Esteban Moreno
SAP FI-CO consultantHi Srikanth,
Thanks for your suggestion.
I am looking for way in which two accounting documents are created automatically by the system having the desired values. Due to huge number of customer invoices which will need this, it will not be possible to handle it manually and will leave a room for error due to manual intervention.
If somehow we can configure this payment term in system, then it would really help
Regards
Harpreet -
Instalment payment terms and Due date
Hello
Can i have some comments on how the due date will be calculated in case of instalment payment terms.what is the configuration needed.Can we get the discount for each instalment if we pay in advance i.e before the due date.
with regds
RAJAInstallment payment terms is basically one payment term linked to other paymnet term(s).
If you split it to 3 lines, each of the 3 lines will get the payment term assigned for that line.
E.g. you will configure as follows: (obb9)
Inst Pmt Term Inst % Payment term
0001 1 20 AAAA
0001 2 30 BBBB
0001 3 50 CCCC
If you post an invoice (of say 1000) with the pmt term 1, it will split to 3 lines
Line Amt Pmt term
1 200 AAAA
2 300 BBBB
3 500 CCCC
All the terms created for AAAA BBBB CCCC will apply to these lines.
Praveen. -
Instalment payment terms creation
Dear SAP Gurus,
I want to create Payment terms for Customer, with the following options:
Can any one help me how to create the Payment Terms (Installment Payment Terms) for the following:
S.No Description % Due
1) Advance 10% Immediately
2) Receipt of Bill of lading 30% 90 days
3) Receipt of safe receipt certificate 40% 90 days
4) PTOC 10% 18 months from start of project
5) FAC 10% 24 months after PTOC
Note: project business and in projects we receive advance once in lifetime of a project and after that with every invoice raised,in project there has to be created an advance line item, which is adjusted from time to time against the advance taken at the time of project start.
Please provide the same scenario with screen shots.....
Thanks & Regards
Yugandhar.HI,
We can crete instalment paymnet terms in OBB8. first you have to divide the payments in parts and the give link in OBB9,
please do for example if customer needs instalment payment terms 30% 20% 50% first we have create paymnet term in OBB8 THREE PAYMENT TERMS IN OBB8 AND NEXT WE HAVE TO GIVE LINK IN OBB9
Edited by: Gadupudi naresh on Apr 13, 2011 5:20 PM -
Hi,
I have a requirement where customer is looking for a payment term which is like this
1. X% of invoice amount + 100% VAT amount due to XX days
2. rest of invoice amount due in YY days (No Tax)
We can have a payment term with 'Installment Payments' to get the installements but I am not able to deal with Tax amount separately. Like I am able to do X% of (Invoice +Tax) in XX days and (100-X)% of (Invoice +Tax) in YY days, which is incorrect.
I would appreciate if you could help me with this requirement.
Regards,
HarpreetHi Experts,
any pointer or advice ?
Thanks
Harpreet -
Installment Payment Terms value break up
Hello All,
As per Satndard configuration for installment payment terms, we can do the total value breakup into installment payment terms percentage wise(%).
My requirement is in case I have 3 installment payment terms(Say SD01, SD02 & SD03) wrt one master payment term(Say SD04), During invoice posting the amount should be fixed for first two payment terms(SD01 & SD02) & differential amount should be posted wrt Third Payment term(SD03). Can I do this through some standard Configuration / Enhancement / Exit.
If not possible is there any other way through which I can generate multiple FI docs for single invoice based on fixed values for customer balances.
Thanks & Regards.
AmitHi Amit
I believe your requirement can be solved by using Billing Plan Types.
Regards
Praveen... -
Hello!
I try to create a payment terms with three disounts.
It s about a 90 days end of month on the tenth with 1 different discount for each of the 3 month.
Example :
Baseline date is 10 M-4
0,6 % disount if customers pay before the 30th M-3 of the due date
0,4% disount if customers pay before the 30th M-2 of the due date
0,2% discount if customers pay before the 30th of M-1 of the due date
due date is 10M
Two issues :
-First when i want to enter the payment (that i created) of a customers against a bill.
The disount taken in account on the payment is each time 0,6%, no matter how long the payment is made before the due line.
-second, how to create the 0,2% disount since there are only two lines in the disount customizing (by laying with the "day limit" criteria?)
Thank for your reply
Kind regards
Xavier
SAP FI consultantHello !
It does not reply to my question.
I had forgotten to say that i knew the 0BB8 transaction.
It s the one i use to enter the parameter but it does not work as i want it to.
Kind regards
xav -
Payment terms with flexible downpayment option
hi all,
we need to design a 'Payment Terms' with a flexible down-payment option. The down-payment has to be variable and the system should accept any down-payment and divide the rest of the balance payment into monthly installments. Eg. if total amount to be paid is Rs.160000, the down-payment should be configured such that the system should accept any amount between Rs.10000 and 30,000 and divide the balance into 11 EMI's.
To start off with, a Sales Order (VA01) is created for the complete amount and then the billing is done(VF01). The billing document is then release to FI. The system should then allow FI to post any down-payment as explained in the above example. The rest of the balance should be divided into EMI's.
NOTE - We have to configure this on SAP R/3 ECC 6. Please advice accordingly.
regards,
Vivek
Edited by: vivek_84 on Jun 22, 2009 6:38 AM
Edited by: vivek_84 on Jun 22, 2009 6:39 AM
Edited by: vivek_84 on Jun 22, 2009 6:40 AMHello,
There is no threshold figures for down payment can be configured.
Try to use Instalment payment terms (OBB9).
For this first of you must have created payment terms with reference to instalement payment terms in OBB8.
Regards,
Ravi -
Installment Payment Terms and SKTO link
Hello Experts,
I have defined a installment payment term in OBB8 and OBB9. When I use this new term on a sales order the cash discount (SKTO) is getting calculated as Zero for a customer. If I change the payment terms value on the sales order to something else the SKTO value is greater than Zero.
Where is the link between SKTO and payment terms? My SD consultant is off and I need to do this for an emergency business requirement. I appreciate your inputs on this.
Thanks in advance.Thanks for quick reply Siva Ram. When I created a sales order and all the way to billing document, I don't see any discounts on the FI billing document. It divided the invoice amount into 3 installments. Say $300 invoice amount into 3 installements each with $100. If I create a sales order with a different payment terms say 1% Net 30 then I see SKTO has 1% cash discount on the sales order and the discount amount is posting to discount accural account on the FI billing document. For installment payment terms can we expect the same like 1% Net 30 discounts on SKTO? Is there any setting we have to do on the SKTO config?
Thanks for your time. -
Accounts Recievable - Installment Payment Terms
Hello Experts,
This question is regarding installment payment terms.
Let's talk about a scenario with installment term with 3 installments...
Standard SAP generates 1 invoice with 3 line items
The question and the requirement is that we need to generate 3 invoices instead of 3 line items
does standard SAP support this; If yes, How?
If No, I am open for any other suggestions on how can this be fulfilled.
Thank you in advance.
Raj Apuri
Edited by: Raj Apuri on Aug 20, 2009 5:32 PMHi ,
For that you can go through this below.
Go to the transaction code OBB9 and create 3 installments payments.
Now system will take 3 installment payment with same invoice.
no need to go for 3 invoices.
Regards
Surya -
New payment terms with Due December 15th 2011
Dear All,
My business requirement is to create new payment terms with due date upto December 15th 2011 from the using of that payment terms,
Please suggest the step by step to create this kind of payment terms,
Thanks in advance,
SridharDear Sridhar Alleni,
For your requirement, i strongly feel that we will have to use more than one payment term.
Make following payment terms
(CLICK ON NEW ENTRIES OR COPY EXISTING PAYMENT TERMS AND MAINTAIN THE SETTINGS AS MENTIONED BELOW.)
PAYMENT TERM Z001 - DESCRIPTION : JULY TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 5
Z002 - AUG TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 4
Z003 - SEPT TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 3
Z004 - OCT TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 2
Z005 - NOV TO DEC
Baseline calculation date
Fixed day : 15
Additional months : 1
Z006 - DEC TO DEC MID
Baseline calculation date
Fixed day : 15
Additional months : 0
Instruct the users/business to use the corresponding payment term during each month.
i.e, If its oct month, ask them to use Z004 and likewise.
Please check and revert back.
Also if you are able to solve this in someother way, please update.
Thanks & Regards,
Hegal K Charles -
Variation of payment term with po term.lastest rate is not picked up,*
Dear SAP
Variation of payment term with po term.lastest rate is not picked up,
Irregular rate is uploading on system.document attached
*Reagards
MERUGU HAREESH *there are payment terms at comapny code level AND purchasing org level, because you may get vendors for which you dont need purchasing views, such as customs or restaurants, where you never place a purchase order at. And other vendors like goods suppliers may never need company code views because you will never pay them.
So each view serves its own purpose.
It is not possible to just ignore maintenance at one level and get the payment term for an other organisation.
Especially as you can have several purchasing organisations within one company (if you purchasing wants to differentiate purchases of direct material from MRO purchasing) or you have one purchasing org for several company codes.
And not always is the payment term equal then.
If you are certain that the company code payment term is always equal to purchasing org payment term, then copy it over with mass maintenance and everything is fine. -
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 -
Vendor wise payment term or po wise payment term with details
Dear All,,
Please provide us detail of payment terms from PO Sr. No. 5500000839 to 5500001284 . any sap standard report of any sap standard tcode
or
vendor wise payment term or po wise payment term with details
with warm regards
pritpalPO wise payment term u can get in ME2n report..
Vendor wise from LFM1 or LFA1 table
Check MKVZ report
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