Linking Payement terms with Discount
DEAR SD GURUS n EXPERTS,
We provide 10% Discount to the customer on advance cash payment.
1. Currently user enter it manually in the conditions. It print on billing like that:
Material: 90,000
Doscount: 10,000
Total: 1,00,000
After that user generate the credit not for the same.
Our requirement is that:
User don't want any manual intervention. So, Is there any way to link the Discount with payment terms and it should calculate or consider automatically in conditions (on Material level) and print on the Billing.
Credit note should generate automatically for that billing.
Please help. Early response will be highly appreciated.
With thanks,
DSC
HI,
SAP ECC version, you need to define one condition type in the pricing procedure. You need to give the payment term as one of the keycombination and define the condiiton records.
So, when there is there is particular payment term in the sales order, condition type will get determined and it will be applied.
Regards,
Rajesh
Similar Messages
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FI Gurus,
I recently created a new payment terms with a discount of 1 percent if paid within 10 days. Payable net if paid after. Everything has been going fine, up until I had a payment with a invoiced ate of Nov. 2008. I have the configuration to calculate the discount based on docuement date and not posting date. When I entered the invoice I even got a warning message that the discount for this invoice was expired. Which it gave me the confidence that I was on the right track. Then I went into the line item details and saw that the discount did not take place. But then when I went to pay the invoice thru BF system deducted the 1 percent. I then went to the account details and there was a discount showing. Did I missed anything during configuration?
Your suggestion will be greatly appreciated.Maximum cash discount was checked in FBZP
-
With holding tax base amount for 1099 vendors with discounted payment term
Hi Friends,
We have a below situation for 1099 vendors,
Some of the 1099 vendors are set-up in the system with payment term with discounts i.e. 2% if paid within 10 days
As per config, system posts with holding tax base amount at the time of posting payment.
With holding tax rate is 0%,
Based on modified net amount calculation
and
Cash discount calculation before w/tax calculation
When we have vendor with input tax, system excludes tax amount at the time of payment but for the with holding tax base calculation amount system does not exclude input tax type.
Which causes difference in 1099 misc vendors
Below is the example of how system calculates the amount.
Invoice $ 1000, payment term 2% if paid within 10 days. Input tax 7.25%
Payment going out=
$1000- $ 72.5(tax 7.25%) = $ 927.5 18.55 [2% discount] = $ 908.95 (payment amount)
With holding base calculation =
$ 1000 100 (2% discount) = $ 900
Difference between payment going out and with holding tax base = 908.98 900 = 8.98
Can some one please tell me how to get rid off this difference?
Moreover, please tell me if its normal to have 1099 vendors with discounted payment term.
Any thoughts on above situation will be helpful
Edited by: Shefford William on Jan 28, 2008 11:36 PMDear All
i am also having the same problem. The example is
Net invoice Value = $ 100,000
Input Tax @ 15% = $ 15,000
Total Invoice Value = $ 115,000
Cash Discount = 20% with in 20 days
On payment the system behavior should be
Debit Vendor invoice Value = $ 115,000
Debit Cash Discount @ 20% = $ 20,000 ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,325 ( 3.5% of 95,000 the Inv Value - Cash Discount that is $ 115,000 - $20,000)
Credit Bank Account = $ 91,675 ( Inv value - Cash Dic - W/H tax that is $ 115,000 - 20,000 - 3325 = 91,675)
However at the time of payment system is calculating tax as follows
Debit Vendor invoice Value = $ 115,000
Debit Cash Discount @ 20% = $ 20,000 ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,220 ( 3.5% of 92,000 the Inv Value - Cash Discount that is $ 115,000 - $23,000. This $ 23,000 is only calculated for W/H tax calculation that is 20% of $ 115,000 )
Credit Bank Account = $ 91,780 ( Inv value - Cash Dis - W/H tax that is $ 115,000 - 20,000 - 3220 = 91,780)
this is not the common practice when using the net base value in the system.
Can any one help me in this regard. I really have been stucked in this problem for many days
Regards
Bilal Athar -
Payment term based discount or surcharge
Client have requirement of Payement term based discount or surcharge. Conditions are like below:
1. 10% discount to customer if he is paying cash.
2. 5% discount if he is paying with in 15 days by cash, check or wire transfer.
3. 5% surcharge on all other Payment terms other than above two mentioned.
4. There are many payment terms that's why We do not want to create several conditions record for surcharge.
Please help & advice how to solve this using Standard SAP (With out writing any ABAP program or new routine).
thanksHi Jitender
Please correct me if I am wrong.Looks like you have better Idea on this!
why do You think that the issue is more of factoring discount?
If he maitain 3 condion records for the 3 different payment terms, the system checks the payment terms from the customer master data in the order - Right?
condtion record EX:sales org, D.c, payment terms( for cash) - 10%( = $10)
like that he will maitain 3 condition records for 3 payment terms.
The moment I enter cystomer(systmem checks from customer master) in the sales order the sytem will picks up the $10 from condition record and it will display as a discount.
whats wrong in that?
Please can you clarify me.
Thanks -
FI Experts,
I created a new payment term with a 1% discount if paid whithin 10 days. Can some one give me some steps as to what else needs to be configured in order to have this difference deducted at the time of payment run. I know have to set-up an account but not sure what fields I have to check in order to make it work.
1- Create new payment terms
2- I defined a G/L account for cash discount
Can some one tell me when I set-up the account if I have to set-it up a certain way? in FS00.
Thank You for your help.
Edited by: Frank on Feb 9, 2009 10:42 PMGood to know that it is working. When you maintain payment term in vendor master, it SHOULD get defaulted when you perform FB60 for that vendor in that company code. Payment term for vendor cannot be maintained in General Data section, it is in Company code segment. Are you sure you are performing FB60 for the vendor in the company code in which you maintained payment term for that vendor in vendor master record? Please recheck. Also, if you have payment term in Purchasing Organization segment in vendor master record, it would not get defaulted in FB60. Here is what SAP help says on payment term field in vendor master record.
In most business transactions, the system defaults the terms of payment key specified in the master record of the customer/vendor in question.
In some transactions (for example, credit memos), however, the system does not default the key from the master record. Despite this, you can use the key from the customer/vendor master record by entering "*" in the field. -
All,
I think that I have an easy question, but just wanted claridifcation.. I need to create a new payment term with a simple cash discount - just 2% if paid in full within 30 days and if not, no cash discount. Also, this is just for purchasing vendors.
Within configuration with the payment terms, is the following correct for what I need to do:
Term 1. 2% 30 Days
Term 2. 0% 30 Days (note, that I would leave the percentage field blank for this second line).
At first I thought that I only needed the first line for it, but after reviewing other posts on this topic I have seen that I would probably need the two terms. However, I am unsure if I need to do anything with the Fixed Date and / or Additional Months field. Or, if what I have listed above should be correct.
If you could provide any assitance, it would be much apperciated.
Thanks!Okay, thanks!
But just to clarify - the net due date is actually 30 days, and they offer a discount if we pay it within the 30 days - so basically if we pay it on time, there is a 2% discount!
So setting it up it would be:
2% 30Days
30days
Correct?
Thanks for your quick reply! -
Why need to link credit memo with invoice
Hi, gurus,
I received an AP invoice valued $2222 and then received a credit memo valued $222 about 1 week later.
Now I need to make payment.
I was told it's good to link credit memo with invoice by entering invoice number in the field "invoice reference" when creating credit memo. But I'm not sure why it's better because system will pick up both items anyway when i entered $ 2000 using f-53 to make outgoing payment.
The only reason i can think of is this link will guarantee that credit memo has the same terms of payment with invoice.
Is there any other good reasons? Any help will be appreciated.Dear,
We need to link credit memo with invoice against for two obvious reasons
1.. Future tracking of all credit memo i-e if we gave excess credits to vendor then it was against which invoice. This will create linkage and tracking of credit memo with invoice that will be shown in FBL1N .
2..At the end of specific time period ,month or quarter ,its a normal practise to reconcile vendor balance as per SAP ledger to that of vendor's own book. At that time you will need credit memo track also that against which invoice was the credit given.
This all can be achived after posting credit memo with refrence to invoice number. Audit perpective should also be kept in mind. Hope this will help you
Regards -
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 -
Hi,
Can some one tell how it works the payment terms and discount.
I have one Payment Term with 30 days, 3% Discount, 60 days 1% discount 90 days not discount.
When I book and invoice say on 20th-Apr-09 and gives baseline date same as invoice date as 20th-Apr-09. and calculate tax on net amount.
Say for Example
Net value is : 1000
Tax @19% in Net Value : 190
Total AR is : 1190
So when I give the above payment term and do it enter it calculate 3% discount immediately and show 5.70 in Bal amount in red color and if I enter 1190 - 5.70 = 1,184.30 then Bal turns in green color which indicates its correct. And when I see the Line item of Tax Cod it shows Base amount as 970 and Tax amount as 184.30.
I don't know how the discount is calculating at time of invoice. because it has to calculate at the time of Incoming Payment. Because Customer may or may not pay within 30 days.
So can some one let me know how to correct it.
Regards,
Kiran.Hi kiran,
Goto TCode: OBY6 and double click your company code.
Deselect the Check boxes: "Discount Base is net value" and also the check box "Tax base is net value".
Hope this helps you....
Regards,
Sreekanth.... -
PDF search for term with space yields term with hyphen
Hi,
I've encountered what seems to be an unpleasant problem in PDF searches, and am wondering whether it's known or has a solution.
In words, the problem is that when I perform a PDF search for a term with a space I get results for the term with a hyphen substituted for the space.
Example: If I open this PDF (technical document from Freescale Semiconductor), and search for the term
D cache
I expect to find occurrences of the term "D cache", space and all. The term is in fact not in the PDF -- but the PDF search reports several instances found. Trouble is, the term it finds is
D-cache
This is unexpected, because a space is not the same as a hyphen. And this causes me problems, because I can't search for the space-separated term without hitting "false positives".
I've tried this on Acrobat 9 Professional, Reader 9, and Acrobat 10 Professional, on Windows XP and Windows 7, using both quick search and advanced search with all possible permutations of options. The result is nonetheless the same.
If you know of a solution to this problem, I would appreciate it if you shared it. Thank you!... It looks like the hyperlink to the document did not post properly; the link is:
http://cache.freescale.com/files/32bit/doc/prod_brief/MPC5676RPB.pdf?fsrch=1&sr=1 -
Incomeing payment with discount
Hi all,
I was doing incomeing payment with discount allowed , here payment terms and discount amt also is correct, but the system did't show in the customer and discound allowed line time , the document did't not saved, the system shows one error.
error :Rules for posting key 15 and out 200200 set incorrectly for SKFBT field
pls can anybody help me
Regards
sriHi sri,
T.code -OB41
There is a conflict in the field status group set for the GL Account and the posting key. For example at one place the field status is set as mandatory field and at the other it is supressed. Check the field status and ensure that both are same.
From the customer gl Master check what is the field status assigned and check the field status of the different fields. Sametime also check the field status for the posting key 50. This is in configuration. Once, this is set right there will not be any problem in posting the transactions.
Go to OB41 T. Code there double click on 50 Posting key then click on Maintain field status there you have to change all optional fields. I think your problem go off.
Regards
Surya -
Hello,
We have a requirement tp print payement terms details in PO output.
e.g. 14 days 2%, 30 net
Within 14 days 2 % cash discount
Within 30 days Due net
I want to print these details as it is in printout. I have checked various possible tables(t052 but couldnt able to fetch the data as it is. Please guide how can this be achived.
Regards,
SP>
Jeyakanthan A wrote:
> We also have similar reqt in p.o print
> I got below answer in ABAP forum,
>
It creates the texts for the payment terms in the input table I_T052 using the text symbols in program SAPLFHL2
Tell your abaper where you want the text displayed in PO print, and he will get it catered through the above details. -
Dear All,
In SRM 7.02, Creating a SC from internal goods and service...
1. We need to add the discount in the SC line item..how can i added the same...?
2. I have backend contract with Discount and Scales defined in the item level..when i create a SC for that item linked to contract, the discount value and the scale value for that discount is not displayed?
Is there any settings need to be done to display the discount in the SC.. and kindly suggest me...
Thank you..Dear Jagadish,
Thanks for your reply. I got the point.
If i am creating a cental contract, i need to assign one Z price condition in Header and Item in contract..
how can i assign..?? Since in configuration there is option to assign either Header condition or Item condition only. Can't able to assign the same condition both in Header and item level...
Kindly provide your suggestion... -
Hi experts
I have a issue with my client
they are posting the Credit memo with payement terms ( 30 days) but where as in the accounting document the net due date comes the creation date ( posting date ) current date
even in Payement terms they have given the document date and every thing looks okay
where as for sales , the payement terms is 60 days and the net due date comes after 60 days
pls helpHi,
when you issue the credit memo you are paying the customer or may be returning his payment or giving credit for returns
The payment terms in the invoices are mostly for the receivables
I think it's causing the prob just because it's the credit memo & not a standard invoice
Thanks
Prashant -
De-link PPM Item with SAP Project
Hello,
Can somebdoy throw a light on what to do in case I want to de-link a PPM-item with SAP project.This situation may rise if I want to change the project actuals going to bucket A to bucket B.As I can not change the relationship of an item with the bucket, I am looking for alternate solution where I can de-link SAP Project with SAP PPM item.
thank you!
Regards,
MahendraHi Mahendra
If you are meaning to de-link a PS Project from a PPM Item, you can from the Item navigate to the 'Relationships' tab and then on the 'object links'sub-tab select and delete the assignment:
You can also remove a cProject relationship by clicking the 'Related Objects' sub-tab
Your comment that you cannot move an Item to a new Bucket - is this because your business process does not allow you to do so? Because this is definitely possible in the system.
Let me know if you have any further questions as I am not sure I have addressed your question
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