Payment Term Requirement Issue

Question

Hi,
If i create the invoice today, i need to do the payment on either 15th or 30th of after 2 months.
Example: Invoice Date - 15-10-2010.  But the payment due date should be either on 15th of December or 30th of December.
How can i create this payment term with the above 2 conditions? Kindly help me
Thanks
KC

Answer 1

Hi,
in OBB8 you can use the Day limit field for this request.
Just use eg. for payment term Z001 - 15           : 2  additional month
                            and               Z001- 30            : 2 additional month
SAP help:
Day Limit
Day of the month up until which the corresponding terms are valid.
Use
For terms of payment which depend on whether or not the baseline date is after or before the 15th of the month, you can define a two-part payment term under the same terms of payment key. The terms of payment key is expanded by the day limit entered here. Thus there are two entries in which different terms can be specified.
Example
The following terms of payment require you to enter a day limit:
Documents with an invoice date on or before the 15th of the month are payable on the last day of the next month
Documents with an invoice date after the 15th of the month are payable on the 15th of the month after the next month.
Edited by: Frank on Oct 15, 2010 11:33 AM