Instalment Payment terms

Hi,
May i know if it is possible payment terms with Decimal percentages
like 42.67% Intial payment
32.98% second payment and so on. i know cash discount is possible with decimal percentages. But i would like to know if this also works
Thanks in advance
Medha

Hi Medha,
I think it works.
Regards,
Ranjith

Similar Messages

  • 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
    RAJA

    Installment 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.

  • 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.
    Amit

    Hi Amit
    I believe your requirement can be solved by using Billing Plan Types.
    Regards
    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

  • 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.

  • Installment payment term in MIRO

    Hi Guys,
    Please help me to solve the problem
    I have define a installment payment terms.
    This payment I mantain in vendor master data both in accounting & Po view.
    While creating PO it automatic capture from the vendor master.
    Same is also capture in invoice intering.
    But while invoice Posting it show the error " No additional apportionment possible for installment payment conditions".
    My question is where we apportion the quantity.
    Prompt answer should be highly appricible.

    Hi,
    after creating Payment term (Instalment) there is anthore transaction in which you have specify the % of instalment amount and refrence payment term
    Hope this will help you
    and please reward the points
    Regards,
    MS

  • 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 PM

    Hi ,
    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

  • 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 consultant

    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

  • AR Invoice with Installment Payment Terms

    Hi to All,
    We have an invoice where the payment terms are based on installment. The installment is for 18 months.  Automatic cash receipts have been applied correctly for Installment 1 and Installment.
    Our situation is this where we want to apply an On Account receipt to installment 3.  When we query for the installment 3 invoice we are getting the following error message:
    "FRM-41830: List of Values contains no entries"
    Basically the the invoice is not being queried.  We checked the invoice, it is complete but the installments 3-18 are open.  What we like to know if we can preform an on account receipt to an installment invoice...if so what setup do we need to look for.
    Thanks in advance for any help.

    Hi Bharat,
    Thanks for your reply.  We checked the invoice payment schedule in the tables are 4th to 18th are all open.  We have also verified this thru the forms and same appears.
    So when we go to receipts and attempt to apply on accounts funds to the invoice.  We cant query for the invoice.  The following oracle forms message appears:  "FRM-41830:  List of Values contains no entries"

  • 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

  • Installment Payment Term

    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 Experts,
    any pointer or advice ?
    Thanks
    Harpreet

  • Payment terms- installment payments

    hello,
       how can i exaclty use installment payment in payments terms, it gives me the below msg.
    Breakdown into installment payments not possible for item 001
    I am trying test retainge for an invoice , so it should brekup the line item depending on the criteria of the installment.
    please let me know,

    Hello
    In case of Instalment payment terms plse follow the procedure mentioned below.
    1.Define the payment term by activiting the instalemnt indicator without specifing any discounts rates etc.
    2.Then go to the Instalment step and fill the columns in the first column as your payment term define above based on your no of instalments
    for example u have 4 instalments give the payment term defined above four times and
    in the second column your instlment number like 1st, 2nd,3rd,4th etc.
    in the third column percentage  in that instment let say 40%,20%,20%,20%.
    In the fourth column you assign the normal payment term.
    Plse note that you can assign separate payment term for each instalment and can get discount accordingly by specifyng the discount rates.
    try this it work.if not plse let me know.Assign points if it is useful.
    with regds
    RAJA

  • Payment Term - Installment

    Hi Guru,
    I config OBB8 & OBB9 for the installment.
    Payment Term 0009
    1st. 40 %  -- GR
    2nd. 30%  -- Inspection
    3rd 10%.   -- Completion of testing
    In PO, we purchase 1 Machine with USD1,000. (Payment Term 0009)
    When doing MIRO for the GR, USD400, the system breaks down USD400 in 40%, 30% & 10% which is not what I am expecting. Wonder anyone comes across this issue before? Thanks in advance.
    CT

    I think you should enter MIRO for USD 1000, not USD 400.  Put a default payment block in OBB8 for 2nd and 3rd installment.  By the way, where is the 4th installment (for the remaining 20%)?
    When you do all the above, MIRO's follow-on accounting document automatically splits the vendor liability line item into four line items, where the 1st installment will be with due date as per the term you have in your 1st installment payment term (in OBB8) and the rest would be blocked for payment.  As and when further milestones (inspection, testing, etc.) are complete, you need to manually remove payment block on the corresponding vendor liability line items.
    Also consider Partial Invoicing Plan under SPRO -> MM -> Purchasing -> PO -> Invoicing Plan (I can't elaborate much on this, as I never worked on this).
    Good luck!

  • Payment Terms Installment pay

    Hi Gurus - Can anyone provide a solution for installment payment term with combination of fixed amount and % (txns OBB8 and OBB9).
    For example : For amount 10000, 1st installment would be 4000 and balance due on specific date.
    Thanks.

    Hi Solomon,
    Make 40% payable immediately and the balance in installments.
    Example-
    Create these terms in OBB8
    Term1 - Installment terms
    Term2 - Due immediately-40%
    Term3 - Due after 30 days-20 %
    Term4 - Due after 60 days-20 %
    Term5 - Due after 90 days-20 %
    In OBB9, maintain as follows -
    Term1  1  40  Term2
    Term1  2  20  Term3
    Term1  3  20  Term4
    Term1  4  20  Term5
    If this is not what you are looking for, please elaborate your question.
    Regards,
    Mike

  • Installment based payment terms

    SAP Gurus,
    Can you please tell me how to create installment based payment terms in sap.
    With any situable scenario......
    Regards.

    Hi,
    SAP provided standard installment payment terms:0009.
    Eg: 30% for 15 days, 40% f0r 30 dyas, 30% for 45 days installments
    Create one payment term: Z001 (here select installment in config)
    create  payment term for 15 days: Z015
    Create payment term for 30 days: Z030
    Create payment term for 45 days: Z045
    Now in this node: Define Terms of Payment for Installment Payments (obb9)
    Z009    instalment 1     30%   Z015
    Like that you assign all three payment terms to Z001
    Regards,
    Azeem

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