Installment terms of payment

Dear Experts,
Our client's terms of payment for their cutomers is three installment.
Product worth INR 10000 + taxes worth INR 150
10% first installment of basic price
80% second instllment of basic price plus entire amount of taxes i.e. 150.00
10% third installment of basic price
How do we configure that the tax amount is only included in the second installment.
Because the way I am trying - when invoice is raised, even the tax amount is getting split into three installments.
Thanks for your assitance
Sanjay

Dear Surya
Thanks for your reply.
But using this the entire amount Base price + taxes get split into three installments.
I want the taxes to figure only during the second installment.
Base - 10000, taxes 150
i.e. 1st in - 1000 // 2nd in - 8000+150 // 3rd in - 1000
But even 150.00 is getting split in three installments which i do not want
thanks
Sanjay

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Dear all,
In Payment terms we can maintain installment payments then what is the need for Maintaining installment payments again.
I am not understanding the functionality any body please explain with example.
Thanks,
Srini.

Hi,
Firstly. Terms of payment are maintained through OBB8 and if the terms of payment is in instalment basis, additionally you also need to tick the instalment payment checkbox and save. Secondly, go to Tcode OBB9 and for the instalment terms of payment maintain the required data like instalment, %ge, and payment term to be applied for each instalment. For ex : the payment term 0017 is in 3 instalments, first maintain the same in OBB8 and then go to Tcode OBB9 and maintain the data as shown below. To test the correctness of the same post the vendor transaction and check the results.
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payment
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0017     2     40.000     0001
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Hi Vinay,
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Terms of payment specifying payment by installment not possible here

Hi Expert,
I create new payment term in T-code OBB8 and OBB9.
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I think you have checked the Indicator: Term for installment payment in the payment term.(OBB8)
That's the reason you are getting this error message.
Use
Terms for installment payment are used as an entry tool when entering
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Procedure
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The terms of payment key can determine the following:
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Terms of Payment Due date as Tuesday Every Week.

Dear Gurus,
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We have a customer with invoice with 18 month installment terms. The first and second month installments were paid. But for the third month customer double paid the installment #3. So the installment close but we placed the duplicate payment on account. When we try to apply this receipt to installment #4, the invoice number is not being queried. So would like to know if this is a bug or expected functionality. If it is the expected functionality what are the reasons behind this.
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Hi Bharat,
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Dear experts,
I am dealing with the following business scenario.
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Hi All
How to configure the terms of payment for the below req.
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Prasad

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One of our international customer is having one requirement for having "Various schedule in different terms of payment". Meaning, they want to collect the advance (Down payment) from customers in various schedules during sales process itself. If customer doesn't pay the advance amount then, system should not allow the further sales process like delivery creation, picking and packing.
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VEL

Hi,
You can achieve it through billing plan,
In billing rule speciefy your percentage
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Kapil
Edited by: Julius Bussche on Jan 27, 2010 1:05 PM
English grammar corrected. Please do not use SMS-txt...

Various schedule in terms of payment during sales process

Dear experts,
One of our international customer is having one requirement for having "Various schedule in different terms of payment". Meaning, they want to collect the advance (Down payment) from customers in various schedules during sales process itself. If customer doesn't pay the advance amount then, system should not allow the further sales process like delivery creation, picking and packing.
Example, client wants to receive the advance amount from customer in following schedules
1. During sales order creation - 30%
2. During production order process - 25%
3. then, during delivery creation stage - 25%
4. And as regular after creation of invoice remaining amount 20% client wants to collect from customer.
Is it possible to set this setting with block of sales process. I need experts opinion.
Thanks for your cooperation.
Warm Regards,
VEL

Hi,
You can achieve it through billing plan,
In billing rule speciefy u r percentage
OR ELSE
You can achieve it through payment terms
In payment terms speciefy installment percentage
Kapil

Holdback/retainage terms of payment

Hi
What is Holdback/Retainage terms of payment and how is it different from Installment payments
Thanks in Advance.
Regards

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If we want to define instalment payment select the instalment payment check box while defining Payment terms in OBB8 and give the holdback/retainage percentage in OBB9.
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Hello,
You might find interesting this OSS Note: [322430 - MIRO: Proposal logic for terms of payment|https://service.sap.com/sap/support/notes/322430]
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you can get many treads if you had searched with your subject.Anyway please find one among them.
payment terms-greyed out field
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Installment terms of payment

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