Payment term setup for vendor

Dear all,
10% against PO, 50% against delivery and balance after 45days from the date of delivery, How to set this payment term for vendors.
regards,
santosh

Hi,
Goto admin>setup>banking>payment method>
define two payment methods for 10% & 50% . You can choose whatever you want during PO & Delivery.
For 45 days period, define under start from, under Days field as 45 days.
Issue will be resolved.
Regards
ShriX.

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Restrict Payment terms only for vendor master

Dear all,
While creating payment terms I have unchecked the customer however it is showing in customer master payment terms also how to restrict?
Kantha

Hi,
In OME2 or OBB8 , In the Payment Terms Detailed Screen, activate the relevant Account Type "Customer" or "Vendor" as per the this activation, it will appear in the MM and SD Master Data as well as Transactions.
Means if Vendor is activate then that payment term will appear only ion vendor master and PO. And if Customer is activated then it will appear in Customer Master and Sales order.
Note: - This should work, if you have configured this option and still it is not working then you might be doing something wrong. Do it as suggested above, it should work.

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 Setup

We are using Payment terms currently only for text purpose on Purchase Order. we define Payment terms with NO DEFAULT and un define no of days.
Now I need to use no of days field for Abap report so that i can pick no of days of payment of Terms. My question is if I define no of days in payment of terms without changing any other setting then it would affect any where else in the system or not.
Edited by: waqas.khan on Dec 28, 2011 5:02 PM

I have rarely seen customizing that does not have any effect.
if you currently have zero days in the payment terms, then the amount is immediatly due for payment.
if you enter a value bigger than zero, then the payment becomes due at later point of time.
if it is a payment term used in vendor masters, then the invoice would not be among the payment proposals if the number of days has not past.
if it is at a customer master, then you would send a reminder at a later date.

Payment Terms description for free entry(p006-Others)

Hi Frds,
I have one requirement regarding we have 6 payment terms but last payment term p006-Others,if user is creating vendor master record if he selected payment terms p006 user has to enter the description manully based on his requirement.
for this requirement what can we do.because it is not a free entry it is a one time configuration.Anybody can suggestion for moving forward on this requirement.Advance thanks for your valuable inputs.
Regards,
Nivas.

Hi Sriniwas,
As per my knowledge, there is no provision for modifying payment terms 'text' in Vendor master-->payment terms. (No text field available for payment terms description)
May be an option, you can define Inco terms "text" which are also modifiable at PO level as per users need.
If users can refer the free text from "Inco terms text" for defining "other" description of payment term p006
Thanks
Mang

Payment condition table for vendor

Hi,
where I can find payment condition tables for vendors ?
Regards

hi
There is no such thing as you have asked, but if it is terms of payment related just check the below
link.[Re: Table for Payment Terms]
Regards
Edited by: samuel mendis on Jun 8, 2010 3:11 PM

Track changes to payment terms setup

Hi everyone,
Just wondering if there is any way to track which user made a change to payment terms setup?
Thanks,
Michael

Hi Michael,
This is no log table for OCTG. You may only find it from some old backup if you are lucky enough.
What is your B1 version and PL? The latest version has more logs for most activities.
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Gordon

Payment Terms modified in Vendor master data

Hi,
I feel enduser have modified the payment terms in the vendor master data. kindly let me know how to check which user have modified.
Rdgs

hi SAPFICO,
GO to FB03 and Select the document number and Go to the Menu
ENVOIRNMENT--> Document Changes here you can see who has changed the document and also the date....
Hope this will helps u...
Cheers
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Payment block rerlease for vendor/customers

Hi Gurus
which t-code we used for payment block rerlease for vendor/customers
regards
Mallikarjuna

Hi,
For more clear Use FK05 for vendors
Give company code and Vendor account no
enter
You get screen where you should deselct payment block either code / all company codes
For customers FD05
Same procedure
If it is useful please assing points
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RAM

Payment term functions in Vendor master ?

Dear Experts :
There are two payment term fields in Vendor master , one is in Payment transactions Accounting and the other one is in Purchasing Data.
I don't know what's the different between those two fields and hope someone can tell me each functions ?
Thanks a lot.

Hi,
I hope both are same, payment terms in Payment transactions Accounting is maintained at company code level and the one in purchasing is maintained at Purchase orgaisation level.
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Prabu

Payment/Credit Limit for Vendors

Hi SAP Gurus!
Is it possible to impose a maximum payment/credit limit for Vendors in SAP?
I saw in this forums that it can be done through Contracts but in the contracts, you have to enter a material. Is it possible that you don't have a material and the contract will encompass all the transactions of the vendor?\
Hope to hear from you soon!
Thanks in advance.

Hi,
You can make use of following Features of Contract w/o materials;
Item Categories in Contracts: -
Just as with purchase orders, you can enter an item category to define the item as an external service item, a consignment item, a subcontracting item or as a free-form text item.
Item Category M (Material Unknown)
Item category M is for entering contract items without specifying the material number.
Item category M is recommended for similar materials with the same price but with differing material numbers.
Example
Consider a contract item for different types of office paper. The various types of paper have the same weight, quality, and price. However, they differ in the following respects: One type is lined, another is unlined, and another has two holes on the left side for filing purposes.
How Do You Use Item Category M?
In the case of items of category M, you enter the short text (short description), target quantity, unit of measure, and price. As soon as a contract release order is created, the material number or a short text is entered (e.g. the exact type of paper, say, two-hole punched). The system determines the net price on the basis of the gross price entered, less any discounts.
Item Category W (Material Group)
Item category W allows you to enter a material group without entering the value or quantity of the contract item. Item category W is for value contracts only.
Example
Consider a contract for cable. The contract covers every type of cable on the vendor's price list. The exact type of cable is known only at the time a specific cable is ordered.
Instead of entering an item for every type of cable the vendor is able to supply, you could enter item category W and the material group (say, CABLE). The short text would indicate that the contract item covers all types of cable supplied by the vendor.
Each release order issued against this contract would then specify the actual type and quantity of cable (for example, double-shielded coax, 1 spool) as well as the price.
How Do You Use Item Category W?
When you create the contract item, enter the item category W, the short text, and the material group. You do not enter a price or conditions for the item. However, it is possible to specify conditions in the document header. For example, you can enter a discount in the header conditions if the vendor grants a discount on all Pos relating to the contract. The discount is automatically taken into account when the release order is created.
You can enter a material number in the contract release order. The corresponding material master record must be assigned to the same material group specified in the referenced contract item. If the release order does not have a material number, then it must contain a valid account assignment, such as a cost center.
Also refer following link;
[Item Category/Account Assgt. Category in Contracts|http://help.sap.com/saphelp_erp60_sp/helpdata/en/75/ee1fa755c811d189900000e8322d00/frameset.htm]

Payment terms applicability for Debits in Vendor account

Hi all,
Whenever we credit a vendor account with defined payment terms, the net due date for that transaction will be calculated as per payment terms. I just wanted to check if the same logic applies even when we debit vendor account with defined payment terms.
When I tested this in our systems i.e by debiting vendor account with defined payment terms, found that baseline date was only getting picked as net due date & not the actual date as per payment terms. I wanted to confirm if this is a SAP standard feature or a customised feature.
Regards,
Santosh

Hi,
I do not have documentation other than the F1 Help for the Field Inv.Ref
This explains it though.
Number of the Invoice the Transaction Belongs to
For line items which are related to another line item, this field contains the number of the partner document.
Use
In the standard system the field is used for:
Credit memos which refer to a particular invoice item
Subsequent invoices for an invoice item
Partial payments for an invoice item
Partial clearings of down payments.
In the first two cases mentioned, the terms of payment are copied from the cross-referenced invoice item into the item currently being processed. This ensures that items due on the same date are paid together by automatic payment.
A special rule applies to credit memos which have a "V" in this field. The due date is determined in the same way as for an invoice. If the field is empty (containing neither a document number nor a "V") the due date is the baseline date for payment.
Kind regards

Payment terms GL for discount received

hi all,
i have defined payment terms and have assigned the payment terms to the customer master record and successfully posted the document too. but i dont see any amount in the discount given account .
i have assigned the GL account in the transaction code OBXU.
can anyone please let me know if i have to set the gl account else where too???
vinila

Hi Vinila,
If it is for customers, you have to assign the GL accounts in OBXI - Discount expenses
OBXU is for vendors - Discount received
Also, you will get the cash discount entry only on payment. Hope you have posted a payment entry.
Regards,
Mike
Edited by: Michael Gerard Leo on Jun 18, 2009 2:41 PM

Payment Terms issue(for different divisions)

Here our business is Distribution...
We take order from customer (SO)....we place order to vendor(our Pricipal vendors we have 7 vendors) (PO) and deliver the goods to customer.....
we treat that different principals as Division...........
For each customer for one div there will be one payment terms.....if i need to have different payment terms for one customer.
what should i do.............
Pls suggest me....

Hi,
Please tell me how many sales areas are there.
If there are 7 sales ares then while maintaining price condition records in VK11, you can maintain payment terms while maintaining condition records for the specific sales area.
Check in VK11 by using standard condition type PR00.
You can include sales document type field also and maintian price condition along with payment terms.
Hope this helps.
Regards,
Sharan

Payment terms Configuration for customers - Billing Documents.

I would like to configure payment terms as follows:-
Z010 : 10 days credit.
System should calculate 10 days from the document date.
In FBL5N it should calculate and shown in "Net Due Date" accordingly.
Eg. document date : 2.7.09. Net due date should be : 12.7.09.
Z045 : 45 days credit.
System should calculate 45 days from the document date.
In FBL5N it should calculate and shown in "Net Due Date" accordingly.
Eg. document date : 1.7.09. Net due date should be : 15.8.09.
Please provide some solution.

Hi,
GO to OBB8 Transaction and create new Payment terms
Give the following parameters
1) Give Payment terms -Z001
Give test as Net 45 days/10 days
Day limit -0
Choose Customer and vendor check box
FIxed Date and additional Month - 0
Dont choose Block key and payment Method
Default Base line as Posting date
Terms - 0% - 45 days/10days and save
then Post the Transaction and check in FBL1N/5N.
Regards,
Padma

Payment term setup for vendor

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