Payment Term - Advance 30%

I am required to create a payment term for advance 30% of the bill.
Is there any way the system should give the user message that a particular customer should pay 30% advance upright on the date of sale ?

Thnks. Let me do as suggested by you.
Regards

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Payment Term - Advance & Retention

We have a requirement. We need to define a payment term as follows:
5% Advance, 90% Payment, 5% Retention
In the above case, should I define it as an installment term with 5%, 90%, 5% slabs ? Please advise what is normally done for this type of payment terms.

I want to create a payment term as follows:
100%, 45 Days on Invoice Date.
I created a payment term and put 45 days in the 'fixed day' field in the "Base line date calculation" column. However, while posting an invoice, the system is not calculating the 45 days for the due date from the invoice posting date. I am expecting that if an invoice is posted on 1.10.2011, the invoice due date should be 15.11.2011. But the base line date is displayed as 01.10.2011 ony. Am I doing the setting correctly ?

Sales order block for MRP run when the Customer payment terms is in Advance

My client needs to block some sales order for MRP which customer payment term is advance. But it should be based on the customer payments terms (In case of Advance). After getting his advance amount, we would be release it and it also be consider for MRP.
Option 1.Status profile this concept is will controlled by sales document controls VOV8 not by customer's payment term Advance
Option 2: In CMR sales area Billing Document tab by using payment guarantee procedure and in VOV8 in billing tab Payment guaramtee procedure by using this setting , i am getting a pop up message" No Finanical document assigned" in sales order when u try to save. Now sales order is blocked for delivery but not MRP run.
i am to ask the abaper to develop "here in the information box we will maintained required text say example u201C customeru2019s Payment term is in advance please check the reason for rejection number u201Csay ex: 13u201D: advance " after this is happen go to change mode of sales order put reason for rejecation" now MRP run will not generate the requirement for the sales order.
for Undo these this flow :
Va02 : remove the reason for rejection keep it in Blank
VKM3 : release the sales order.
Options 3: Development
Kindly suggest me the second options is only alternative for solving this issue but really i m not used specific feilds to solving this issue.

Cleint is not using the field in CMR Payment granatee , i gone for user-exit and closed this issue

Payment terms and Inco terms

Hi Friends,
Please clarify me the difference between Payment terms and Inco terms (PO-Header data).
I have gone thru SAP help, but I am not clear. Please help.
Best regards,
Raman.

hi
Payment terms are generally used in domestic procurement cycle.
It generally related to payment due to vendor like Advance, Immediate on delivery, 30 days, 60 days, 90 days and above. Based on this the cost /discount of material
varies.
Inco Terms : International Commercial Terms
They are two type
i) Payment Terms : Advance, DA , DP and LC
ii) Delivery Terms : There are 12 different terms,general used terms are CIF, CFR and FOB.
1) The shipping terms Seller and Buyer.
2) CIF, CFR and FOB are in used for Foreign Trade by Air/Sea / Multimodel Transport.
3) from port of loading to destination port.
4) EXWORKS in domestic trade
6) insurance will take care of various clauses of sea and air and most important element/doc in foreign trade.
Note : Here Freight means : sea or Air or rail/road.
In all cases All clearing, custom duties, freight from port to factory are paid by the buyer.
5) CIF : Cost of goods, Insurance & Freight (sea or air ) - Seller will bear CIF till destination port.
6) CFR/C&F : Cost (C) and(R) Freight(F) without insurance coverage. Buyer will take insurance on receipt of a fax invoice from seller before the shipment.
7) FOB : Free on Board - Material shipped to loading port by the seller. Freight and Insurance will be arranged by the Buyer to destination port.
Hope this will help you
bye
raghavendra

Blocking a Sales order with Payment Terms

Hi all
We have a payment terms : Advanced Payment required .
I want to block all Sales Order created with this Payment to immediately be blocked and
will require a CRedit Block release to proceed to creating delivery.
Please can you advise which options in CRedit Management will be suitable to enable this.
Thanks in Advance will reward points.
Regards
KC

Hi kasavan
As you need advance payments , if you do the given configuration your sales order gets blocked at billing (VF01 )for different dates created in sales order.
say for example you have given 3 dates at item level and all 3dates gets blocked at the time of billing.you need to release then create billing for that particular dates.
make the following necessary configurations
item category group - 0005
item category - TAO
for this TAO item category a billing plan 01 (milestone billing plan -01) will be assigned and its billing relevance should be I which is order related billing .
billing doc type - FAZ
cancellation billing doc type - FAS
maintain a condition type AZWR which is down payment settlement , it has requirement as 2 and Alt calc type as 48 acct key as ERL
Now when you enter a material in line item 10 and go to item data , you can see the billing plan tab.
now go to billing plan tab and enter the start date and enter the dates on which billing has to be done and then in billing request enter 0009 which is for down payment.once u press enter automatically it all the dates get blocked and billing request by default you get as 1 , that you change it to 4 or 5 . 4 is for down payment at value basis and 5 is for down payment at percentage basis. and beside that there will be a billing type .assign billing doc type as FAZ. to all dates
check the copying requirements are there at VTFA as 20 and for item category TAO copying requirements 23 is maintained or not
now do the cycle OR - LF - FAZ (billing doc type)
Reward if useful
Regards
Srinath

Payment terms for advance payment scenario

Dear All
payment terms have to create like we have to pay as 50% advance against order & balance 50% against on proforma invoice.
Can any one tell me is it possible to define payment terms like this or only option is downpayment configuration.
Thanks & Regards.
Lakshmi

Hello,
In SD there can be 2 ways by which you can handle this.
A. Billing Plan
Maintain 2 milestones at the sales order.
1. one milestone with Terms of payment Z002-50% advance against order
2. other milestone with another terms of payment Z003- 50% against on proforma invoice
B. relevant terms of payment
In OBB8 maintain 3 payment terms, say
- Z001 50% advance against order & balance 50% against on proforma invoice (in payment terms section - tick Installment payment).
- Z002-50% advance against order
- Z003- 50% against on proforma invoice
Then in OBB9,
Z001___1___50.000___Z002
Z001___2___50.000___Z003
With this when you post billing doc you accounts, then you will find 2 line items(50 % Value each) in Customer account.
i hope this can assist you.
Thanks & Regards
JP

Vendor Payment Terms config for 30%advance 70% after GR

Hi Guys,
How to configure Vendor Payment Terms for " Vendor Payment Terms config for 30%advance 70% after GR "
Please suggest your expert comments.
Thanks in advance.
Regards,
Jackie

sappassion2011 wrote:
Hi Guys,
>
> How to configure Vendor Payment Terms for " Vendor Payment Terms config for 30%advance 70% after GR "
>
> Please suggest your expert comments.
>
> Thanks in advance.
>
> Regards,
>
> Jackie
Hi Jackie,
Do them in trxn OME2
Regards
Shiva

Payment Terms in Vendor Advance payment & automatic set off aganist invoice

Dear Team,
As on 01.08.2014 there is advance payment made to vendor is Rs.10000 and the payment terms in vendor master 30 days and as on 16.08.2014 the vendor invoice has been raised for Rs.15000/- and the payment terms is same 30 days. According to the payment terms in the vendor invoice the net due date is calculated as 15.09.2014. Since already the advance payment is rs.10000 then how we can tel the system to consider this also and then calcuate net due date for the invoice raised as on 16.08.2014. Please suggest.
We suggested client to enter manually 0000 payment terms at the time of invoice. But they are not convinced.
Kindly check & do the needful
Regards,
Babu.

Hi Babu,
You have to clear the advance through F-54 and here you have to provide the invoice doc.no. under the relevant invoice-invoice. Then system will consider net due date of invoice for advance also. I have attached screen shot for your reference.
Regards,
Mukthar

Payment Term for advance payment

Hi
Can we configure a payment term for advance payment thro OBB8. it says that customer needs to pay us in advance.
If yes, how do we configure this.

the accounting document is created after a delivery for a customer invoice via billing.
i believe there is an option in SD where you have an extra tab for payment. Once the payment has been received, i.e. entered into the sales order, the delivery can be made.
This should work for your process, however best to speak to a SD consultant to get the full picture.
Hope this helps, assign points and mark thread as answered if it does!!!

PO with payment terms as Advance only

Dear Freinds,
Can we create a po which talks about payment terms as below.
1) 50% advance pymnt.
2) Bal 50% after delivery of material.
 OR
Can we create a po which talks about payment terms as below.
1) 100% advance pymnt.
I am trying to create a Workflow for Vendor advance payment if below conditions are met
A) verification of payment terms,
B) payment terms should be advance only 
C) po should be in released status,
D) po should be open, not closed (where po qty=grnqty)
Thnks
Vinod

You could set up those as payment terms and block payments. Then you would use Down Payments F-47 to request the down payment. Then have this paid in your check run. You'll modify config to allow down payments in the check run. Then you run clearing to offset the down payments made aginst the final invoice.
pls assign points to say thansk.

Payment terms for Advances in Sales & Distribution

Hi friends !!
1)You may know that we have payment terms like eg: 30% advance and remaining payment after delivery.
In such scenario, while doing sales order itself the customer need to pay the advance. Then he needs acknowledgement or bill for that amount. How and where we will configure that???
2)If the advance amount recieved at sales order level do we need to issue the invoice for the full amount or for the balance amount??
Please any one help me to understand the logic !!
Thanks & Regards,
Sreedhar.
Email: [email protected]

hi,
If it is real-estate based one plz follow the following procedurs:
You have to define conditions for sales-based rent in order to be able to post sales-based rent. Also, if advance payments were made for sales-based rent or a minimum sales-based rent is defined, conditions allow you to offset these against the sales-based rent to be paid.
Prerequisites
You defined the necessary condition types in Customizing and assigned them attributes for sales-based rent. In Customizing choose:
SAP Customizing Implementation Guide - Flexible Real Estate Management - Conditions and Flows - Condition Types
You set the Relevant to Sales indicator on the General Data tab page in the real estate contract.
Procedure
       1.      On the Conditions tab page, assign the necessary conditions to the contract. The following condition types are relevant for sales-based rent settlement:
·        Advance Payment for Sales-Based Rent
One-time or recurring condition for sales-based rent; requires actual rent as condition purpose. Advance payments made by the tenant are offset against the sales-based rent resulting from the sales-based rent agreement.
·        Minimum Rent
Minimum amount of sales-based rent to be paid. This is usually a condition with the condition purpose actual rent, but can also be used as a statistical condition.
·        Maximum Rent
Maximum amount of sales-based rent to be paid (cap). Maximum rent is usually represented by one or more statistical conditions. The maximum amount is the sum of the conditions, limited to the given settlement period.
·        Sales-Based Rent (Required for Every Sales Rule)
This condition defines how the receivable or credit memo is posted. It is not possible to assign a unit price to this condition, since the posting amount is determined by the sales-based rent settlement. The calculation formula always has to be sales-based rent (see: Customizing settings). The system generates a cash flow item for the posting that reflects the posting period and settlement period. For this reason, you do not enter a frequency for this condition. Instead, it is defined as a one-time condition.
The Sales-Based Rent condition is also used to specify which objects of the sales-based rent agreement form the basis for sales-based rent. This makes it possible to determine sales-based rent using measurements as a basis (for example, per square foot of retail space). If the condition has a distribution rule, then sales are distributed to the objects using this rule.
Note that the system uses only the last distribution formula in the settlement period. The system does not distribute proportionally within the settlement period if there is a change to the distribution formula.
       2.      On the Terms subtab, assign the same sales rule to all advance payment conditions for sales-based rent, to all minimum sales-based rent conditions, and to just one Sales-Based Rent condition.
You have to assign a single Sales-Based Rent condition to each sales rule.
If a contract contains more than one sales rule, you have to assign that number of Sales-Based Rent conditions in order to be able to perform settlement. You cannot use advance payments or minimum sales-based rent conditions for settlement. You can assign a sales rule to from zero to any number of advance payments and to from zero to any number of minimum sales-based rent conditions.
regards,
Siddharh.

Payment Terms: 50% advance, 50% after 30 days

Hi,
How to create a payment term for vendor?
Payment Term: 50% advance, 50% after 30 days
Regards,

Hi,
For example:
Create payment term: P001 & Explanations of payment term: 50% advance & 50% after 30days
& In details of payment term P001 in u201CPayment termu201D segment, you can enter your requirement.
Regards,
Biju K

Advance payment Terms

Hi All,
Can anybody tell me how to configure a payment term as : 10% advance, balance within 60 days after goods receipt" ?
I am not able to take care of the 'advance' part.

Hi,
Pl use also F-48- Post Vendor Down Payment and
F-54 - Clear Vendor Down Payment
Hope this helps.
Mani

How to Enable Payment Terms in the Advanced Preferences?

Hi,
We are working on JDE E1 8.12 release, We have a problem that sales order preferences setup is not giving the required result. In the setup we linked Item Group (SRP1) and Customer with payment term. Output of this setup is have different payment terms in SO details (F4211). Right now system is taking same SO header (F4201) payment term. I checked all the setup is okay....can anyone help me to solve this problem.
I've done the following :
- Activate the advanced preference schedule ADVPREF in constants
- Set up the advanced preference definition DETAILS with a preference hierarchy of PH and type of advanced preference 02
- Set up the detail for an Item Group and Customer
- Activate preference profiling in P4210 on Preferences tab.
I had a issue - missing data columns with P4072 (Advanced Preferences Detail Revisions). I already could add a preference line via P40711 (Preference Values Maintenance) and I could add values, payment terms,but still is not giving the required result
Thanks & Regards

Hi
There are as many options for that
You can go for
1)MASS t code
2) LSMW (by recording)
3)BDC (by recording)
and the most easiest way is by doing the MASS tcode
goto MASS and enter the object type as BUS2032
execute now select the sales order haeader data and execute and now enter the sales doc from and to range and execute now all the sales dox will be displayed
and from the menu click on select fields and select the terms of payment
now select the terms of payment row and enter the new values and click on carry out new changes
regards

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

Payment Term - Advance 30%

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