Payment term 28 February

I have Payment terms setup as follow:
- month end + 2 month from document date -
When the first due date (in ar invoice) is 28 February, the following due date is 28 of march!
instead the correct 31 March.
How can i bypass this problem? i haven't found any notes.
Thanks

Fabio,
The forum that you have posted your question in is for questions related to the SAP Business One SDK and development using it. It sounds like the question you have posted is application related and not development. You may want to post your question in the "SAP Business One Discussion Forum" at this link ...
http://cpsn-channel.sap.com/businessoneforum
You may get a faster response.
HTH,
Eddy

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Fixed Payment Terms & February

We have configured fixed payment terms for each day of the month to allo our pre-authorized payment customers the flexibility to pay on the date they prefer. We've created our payment terms to ensure that if the billing takes place after the fixed due date, and the bill assumes a due date of the fixed date + 1 month.
Example: Portion 17 = ZF26 (Fixed Date of the 26th of the month)
It will bill Jan 27, and the bill will automatically withdrawn on Feb 26th
We have now come across an issue with February. Portion 17 bills on the 24th of the month - because February is a short month and the payment term does not add a month when the due date is prior to the bill date. So, when it bills on the 24th, the invoice assumes a due date of February 26th, and our customer will no whave two bill amounts coming out of their account on the 26th of February (the Jan 27 bill and Feb 24 bill).
We can't just always add 1 month to the due date because we have customers billed in portion 2 on the 3rd of the month who can have payment terms of ZF26 and that should be the same month as the bill, not the following month.
Does anyone have any experience in configuring fixed payment terms for February?
Thanks ...

Derek:
You are describing the challenge that standard proxy payment terms addresses. The idea behind proxy terms is as follows:
If invoice is created before 15th of current month, then it is due 25th of current month.
If invoice is created after 15th of current month, then it is due 25th of following month.
You can define 3 staggered dates eg up to 10th, 11th thru 20th, 21st and up.
This is all done in standard FI terms configuration.
regards,
bill.

Adding Payment Terms: 45 days End of Month

Hi,
I am trying to add payment terms to Oracle 11i that are:
45 days then End of Month
Can anyone let me know if this is possible?
I have been able to add many other terms required, but cannot figure this one out.
Thanks

Actually, yes, I believe this is possible, or very close to possible. You have to use a combination of cut-off day, day of month, and months ahead. You will want the cutoff day to be 15. If the invoice data is 16 or later, it will add a month to what it first calculates. By doing day of month = 31, that says to pay at the end of the month (at least that is what Oracle says in its manual). Then do Months Ahead = 1. So if you have an invoice on April 14, that is before 15, so it will only do 1 month ahead, and then the last day of that ahead month, which would give you May 31, 2009, which is what I think you want.
Then, if you have an invoice for April 16 -30, it will now do two months ahead and give you June 30, 2009 as the due date.
Now if you run into something in late January, say January 30th, then this does not quite work. 45 days would put you into March, and paying on March 31st. Whereas with Oracle it will do a February 28th payment. But that would be the only time of the year (when February is involved in the calculation) where you would be off a bit. You could push the cutoff day to maybe 16 or 17 or 18 to try and get around that if that becomes a big issue, but then that impacts your whole year, not just when February is involved.
So as I said, you can set up a term that is close to what you want. Not 100% exactly what you want, but close. Something to think about.
John Dickey

REGD-PAYMENT TERMS

Hi Experts,
I tried to create a purchase order on 31.01.2007 with payment term ZB11, but I couldnt and I got the following error Error in net price calculation as February is having 28 days. The problem only exists one day in a year i.e. on 31.01.2007 only.
Here payment term details are given below.
ZB11 is defined as providing a discount of 3% for 30 days from the Baseline date and 0% from the 1 day of the next to next month (where baseline date is the document date). In ZB11, Fixed date is 1 and Additional months are 2 for second term. Please give me a solution ASAP.
Thanks in advance

Hi
Since the Payment terms ZB11 are defined like 3% for 30 days discount and the dates are given from 1st to 30 days, since Feb is 28 days only it s giving error
so take the help of a FI functional consultant in this regard or use someother payment terms and create the PO
Reward points for useful Answers
Regards
Anji

Payment Terms configuration

Dear Friends,
I have 2 queries -
1. Can we configured the Payment Terms which will enable while invoicing to create the multiple line item while Invoice Posting ( accounting entry ) say, while doing MIRO / FB60 transaction. And one of those would go to Special GL. e.g. we have to deduct the Retention Money @ 5% from Invoice Amount and we are using one of Special GL for Retention money so can i configure the Payment Term as -
1. 95% -
60 Days
2. 5% -
365 Days
So here 2 ( 5% ) will be posted as Special GL item while Invoice Entry.
( Currently we are transferring those entries to special gl manually using T code - F-02 from Vendor Open items )
2. We have configured the number of Payment Terms but sometimes negotiated Terms does fall into the category of existing Payment Terms and it is not possible to create the Payment Terms for such requirement. So can we configure one Payment Term which will be editable while Purchase ORder Creation or Invoicing ( like payment term with "OTHERS" would be created and initially it would be configured for 0 Days and those would be edited while making Purchase Order as per requirement.
Since this is affecting our Ageing Analysis and Payment Due Report as both are based on Payment Terms in PO.
If anyone has solution pls suggest the way to do it . will assign full marks if gets solution.
Thanks in advance.
PS

Hi
I think we can't maintain cash discounts more than two %.
Goto OBB8, choose account type customer/vendor.
goto payment terms segment. 1) 3% days 0 2) 2% days 15.
3) we can enter %, only days. it means no cash discount.
Regards,
Chandra

Getting split payment terms in case of customer credit memo(Doc type DG)

Hi Guys,
Is there any FM available for getting split payment terms in case of customer credit memo(Document type DG). There will be no invoice/billing doc for this document type and will be created from FB75 transaction. For billing document i am using FM SD_PRINT_TERMS_OF_PAYMENT_SPLI. Please let me know if there is any FM for accounting document also.
Thanks,
Vinod.

Hi,
Try this bapi
BAPI_AR_ACC_GETSTATEMENT

The payment terms are not getting reflected in PO

Hi,
We are in SRM5.0 Extended Classic scenario.
We have created new payment term in ECC and transferred to SRM using BBP_UPLOAD_PAYMENT_TERMS and after tranferring it to SRM I am able to see the new payment term in table BBP_PAYTERM and BBP_PAYTERM_TEXT in SRM system.
But non of the payment terms are not reflecting into PO. We are not getting any errors while processing the PO.
Could you please suggest what may be the issue here.
Best Regards,
Siddappa

Hello Siddappa,
I am a little confused here with the scenario.
I understand that the payment terms are recenly created and replicated. So naturally they would have been updated in the relevant vendor master as well. Now has the vendor master been replicated to SRM from ECC once the payment terms were updated.
So from what you have mentioned "When we check the BBP_PD, the payment term is reflecting for the POs created after shopping cart approval."
So does this mean once the SC is approved then the PO is created and then the Terms of Payment are seen in the PO.
However "If the PO created through describe requirement, the Vendor will not assigned the PO created will go to Held status and buyer will process the order."
So does this mean since the Vendor is not mentioned the Terms of Payment is not being reflected and will happen only once the same is specified in the PO.
I have a question on whether after replicating the Payment Terms, has it been seen in any of the PO's created so far or it is always blank.
Regards
Pramod

How to get vendor payment terms

Hi all,
I am creating a report. I need to get vendor payment terms. There are invoices without PO, how can I retrieve the payment terms for those cases.
Thanks.

Hi nene
in case of invoice without PO, The payment term will be selected from the vendor master data (in View : payment terms transaction in XK03).
Check payment term in master data is exist or not.
the data is in the table LFB1 : Field ZTERM
Regards
Wiboon

Vendor Payment Terms

Hi All
Is there a report that can give me the Vendor Payment terms
Vishnu

Hi Vishnu,
go to SE16 , enter table name LFM1. in display parameters select ZTERM
Regards
Mangesh.

Report for payment terms

Hi All,
Is there some table or report to see all clients
which has the payment terms more then 15 days?
Thanks in advance and best regards
Luis

Hi,
Go to Se11 or Se16, Enter table BSEG, click on display and select contents (CTRL + SHIFT + F10).
In the menu section go to settings - format list - choose fields - select field name MANDT - client and ZTERM - Terms of payment ,ZB1T,ZB2T,ZB3T and select copy.
Again go to settings - select fields for selection, select fields for zterm,ZB1T,ZB2T,ZB3T and Enter and Excute the table.
You will find the details as per your requirment.
Please let me know if you need more information.
Assign points if useful.
Regards
Sridhar M

AP Payment Terms

Hello
Could you please help me with the below mentioned issue
We have two payment terms
A15TH_P30TH3% (1st – 15th)
A30TH_P15TH3% (16th – 31st)
“Invoices arrived till the 15th, pay on the 30th – invoices arrived till the 30th, pay on the 15th of the following month with 3% discount”
So invoices from the 1st – 15th we pay on the 30th with discount
Invoices from the 16th – 31st we pay on the 15th of the following month with discount
The Supplier payment-term in this case is A15TH_P30TH3%, because each supplier could only have one payment-term.
For each invoice from 16th-31st of the month we have to change the payment-term to A30TH_P15TH3% to get the discount.
If we forget to change the payment-term we lose the discount.
We use this payment-term really often because we only pay on the 15th and 30th or 31st of the month.
Is it possible to get a solution that we only need one payment-term for this first and second half of the month – payment term.
Thanks for your help

Hi,
You do not need to create two payment terms. What you require here is proxima payment term.
While defining the payment term in AP, enter "15" in the cut off day. In the "Due" Tab, enter "31" in Day of Month and "0" in months ahead. In the First Discount Tab, enter 3% discount and "31" in Day of Month and "0" in months ahead.
Now, the system will automatically take due date for all the invoices received till 15th as 31st of the current months and for all the invoices received after 16th as 31st of the next month.
Attach this Payment Term to the Supplier and use it for all the invoice. No need to manually change it while creating the invoice.
I hope this functionality is available in the Application Version, you are working on.
Gajendra

AP Payment terms ( discount ) end on week end

Hi Gurus
I have a situation where payment terms for an invoice falls on Saturday.So when when we run it on following Monday it disallow the discount ( 2% ). We pay manually with 2% discount.How can we resolve this issue of discount date falling on week end ?
Kindly give me some solutions please ?
Thanks
Satya

Hi,
You do not need to create two payment terms. What you require here is proxima payment term.
While defining the payment term in AP, enter "15" in the cut off day. In the "Due" Tab, enter "31" in Day of Month and "0" in months ahead. In the First Discount Tab, enter 3% discount and "31" in Day of Month and "0" in months ahead.
Now, the system will automatically take due date for all the invoices received till 15th as 31st of the current months and for all the invoices received after 16th as 31st of the next month.
Attach this Payment Term to the Supplier and use it for all the invoice. No need to manually change it while creating the invoice.
I hope this functionality is available in the Application Version, you are working on.
Gajendra

AP Payment term

Hi,
I need to create a payment term for invoices dated from the 25th of the prior month through the 24th of the current month, payment is due in full (net) by the 25th of the next (proximo) month. e.g. Invoice range 06-25-2010 to 07-24-2010 due in full by 08-25-2010.
Please help me on this.
Rosalina Gait

With the same payment term you can define 2 different due date calulation based on the day limit. Please do F4 on the "Day Limit" field.
In you case, enter 24 in the day limit, and enter additional month "1" and Fixed date "25", and another one( for the same payment term) without day limit "empty" and enter additional month "2" and Fixed date "25".
If the "empty" day limit doesn't work, then please try with "31" as day limit. I don't remember the exact setting but the logic will definitely work with day limit
Thanks
Ron

Purchase Order Payment terms

Hi all,
I have a requirement of adding description of Payment terms in the sapscript . Earlier the script only prints terms without description. It use to get the value from , &'Terms of payment: 'PEKKO-ZBTXT& in the sap script MEDRUCK.
Now i added table T052u in the print program to get the description of payment term, the field is T052U-TEXT1.
While creating payment term from tcode OBB8,Eg: Payment term is Z001 and we enter No of days and percentage . Suppose i enter 10 days , how is the script printing as "Within 10 days due net ".
I want to know where this field is stored, Pekko is a structure so iam not able to see this.
Please do tell me which table do i get to see this payment term w.r.t to PO
Waiting for ur Reply's
Regards,
Shuja

Check table :T052U
Hope thisll give you idea
P.S award the points.
Good luck
Thanks
Saquib Khan
"Some are wise and some are otherwise"

Payment Term default to Purchase Order

Dear SAP guru,
We have problem that payment term is not defaulted to Purchase Order if the Purchase Order is converted from Purchase Requisition.
If purchase order is directly created in ME21N, the payment term will be defaulted from vendor master. However we have purchase requisition that is released/converted to purchase order, these POs willl not copy over the paymetn term from vendor master.
Can any one share how to make the PO always default payment term from vendor master eventhough it is converted from purchase requisition?
Thanks a lot in advance for your kind assisstance.
rgds
Dahlia

Hi Rajesh,
Thanks for your quick reply. No, the PR is not referenced to contract. The PR is for external process, therefore the flows is asa follow:
1. Production order creation; for external process system automatically create purchase requisition.
2. Purchase requisition will have vendor code defaulted from production order routing. In the routing for external process you can define the vendor code.
3. Convert the purchase requisition into purchase order.
The problem the purchase order will not have payment term default from vendor master.
Thks
Dahlia

Payment term 28 February

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