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

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Payment terms and delivery terms

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How to create new payment terms and delivery terms in Materials Management module and what are the settings required/integration with FICO mudule.Please guide me.
Thanks and regards
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Dear,
Payment terms: (In MM side attached with Vendor Master)
The payment terms represent the typical agreements you have with your customers and vendors. Therefore, you do not have to define this information from scratch for each customer and vendor.
When a purchasing or sales document is entered for a vendor or customer, SAP Business One automatically copies the information on the payment period, price list, and total discount in the document. This information is used, to calculate the prices for the items, the due date of an invoice, or the total discount allowed etc.
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For the complete process of payment terms visit: http://help.sap.com/saphelp_sbo2004a/helpdata/en/c7/583e38404780498ef3d08b1fa076cb/content.htm
Delivery terms : In the MM prospective delivery terms generally indicates the status of material delivery. For ex. Goods Must be packed well for protection / Proper handling instructions must be labelled on each pack / Net weight & Gross weight should be mentioned on pack / International Maritime Dangerous goods code should be printed on pack in case of Dangerous goods transported by sea / Like wise similar instructions for Air transport for Dangerous goods / All technical names should be printed and attached on cover of pack / the packs must be perfectly packed with water protection and palletised like wise the terms of delivery we set to the suppliers of materials.
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How to Set default value for taxonomywebtagging control with terms and nested terms

Hi,
I have created taxonomy control in custom aspx page and I am able to select terms but I am trying to setup default value to that control.
Can anybody let me know how to set the default value for TaxonomyWebTagging control in custom.aspx page with nested terms?
Any help would be greatly apprecited.
Control code in aspx page:
<td>
<asp:Label runat="server" ID="lblLanguages">Field A: </asp:Label><asp:Label runat="server" ID="rfvlblLanguages" CssClass="errorMsg" ForeColor="Red">*</asp:Label>
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term.AnchorId = countryGuid;
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AA.

Hi,
According to your description, you want to set default value for TaxonomyWebTaggingControl.
I have a test in my environment. It could be achieved by setting the Text Property of TaxonomyWebTaggingControl.
Here is the code snippet:
TaxonomySession session = new TaxonomySession(SPContext.Current.Site);
SPSite site = SPContext.Current.Web.Site;
TermStore termStore = session.TermStores["Managed Metadata Service"];
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Term term = termSet.Terms["A1"];
TaxonomyWebTaggingControl1.SspId.Add(termStore.Id);
TaxonomyWebTaggingControl1.SSPList = termStore.Id.ToString();
TaxonomyWebTaggingControl1.TermSetId.Add(termSet.Id);
TaxonomyWebTaggingControl1.TermSetList = termSet.Id.ToString();
TaxonomyWebTaggingControl1.AllowFillIn = true;
TaxonomyWebTaggingControl1.IsAddTerms = true;
TaxonomyWebTaggingControl1.IsMulti = false;
TaxonomyWebTaggingControl1.Text = string.Format("{0}|{1}", term.Name, term.Id.ToString());
Here is a detailed article for your reference:
http://blog.bugrapostaci.com/2010/09/23/taxonomywebtaggingcontrol-sharepoint/
Feel free to Reply the test result.
Thanks
Patrick Liang
Forum Support
Please remember to mark the replies as answers if they help and unmark them if they provide no help. If you have feedback for TechNet Subscriber Support, contact
[email protected]
Patrick Liang
TechNet Community Support

Short term and Long-term inspection and characteristic

Hi all,
In the SAP portal, they mentioned about Long-Term Inspection with Long-Term Characteristic, and Short-Term Inspectoin with Short-Term Characteristic.
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Thanks
YY

Long Term Characteristics Indicator is marked in the Control Indicators Tab of an MIC.
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How to Overwrite existing Taxonomy term and nested terms programmatically

Hi,
I have created Taxonomy term (Term A) and nested terms(Subterm1, Subterm2, SubTerm3, etc) programmatically.
Now I want to update sub terms(SubTerm1, SubTerm3, SubTerm4, SubTerm5, etc) programmatically.There are more than 100 sub terms, so I want to update sub terms programmatically.
Here is my code:
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AA.

Hi,
The following code for your reference:
using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;
using Microsoft.SharePoint;
using Microsoft.SharePoint.Taxonomy;
namespace ConsoleApplication
class Program
static void Main(string[] args)
using (SPSite site = new SPSite("http://sp:5000/"))
TaxonomySession taxonomySession = new TaxonomySession(site);
TermStore termStore=taxonomySession.TermStores["Managed Metadata Service"];
var group=termStore.Groups["Group A"];
var termSet=group.TermSets["TermSet A"];
var topTerm = termSet.Terms["Term A"];
var subTerms = topTerm.Terms;
foreach (Term term in subTerms)
if (term.Name.Equals("SubTerm1"))
term.Name = "SubTerm-1";
if (term.Name.Equals("SubTerm2"))
term.Name = "SubTerm-2";
if (term.Name.Equals("SubTerm3"))
term.Name = "SubTerm-3";
termStore.CommitAll();
Thanks,
Dennis Guo
TechNet Community Support
Please remember to mark the replies as answers if they help and unmark them if they provide no help. If you have feedback for TechNet Subscriber Support, contact
[email protected]
Dennis Guo
TechNet Community Support

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I want to track repayment of loans and
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Hi Rishi
This is Srikanth, I have a similar requirement where my client wants to track the LCs issued against import orders along with Margin Money details and Loans raised for the same.
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Need help in updating Inco terms 1 and 2 in the Inbound delivery creation

Hi Group,
I have created an output type that will be triggered before an Inbound Delivery is created from the Outbound Delivery ( this scenario is in STO orders - Inter company stock transfer process ).
I have copied a standard processing routine and customized it but, I am not able to update the 2 fileds (INCO1 and INCO2) in the item delivery of the Inbound Delivery. I was using the FM 'WS_DELIVERY_UPDATE' to update these 2 fields( by passsing the values fetched from the Outbound Delivery into the structure 'vbkok_wa' and the Inbound delivery created into the field 'delivery' of the FM ).
When I run the the FM this is giving me errors and thus no Inbound Delivery is getting created.
Please suggest me with some other way of updating these fields in the Inbound Delivery.
and one more thing is that, I was selecting the Inco terms from the table LIKP directly, but this should not be the proper way to read the Incoterms, so please suggest me a way to read these 2 fields from the Outbound Delivery.
to summarize, I need an FM to get the Incoterms from Outbound Delivery initially, and then, require another FM to update these Incoterms in the Inbound Delivery( this is a typical scenario in an STO - Stock Transport Order ).
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Regards
Vishnu.

Hi Group,
By implementing the BADI 'LE_SHP_DELIVERY_PROC' this particular requirement can be fulfilled.
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Vendor Master Payment Terms and Reconcillation account

Pls tell me In SPRO where Payment Terms and Reconcillation account's are maintained for Vendormaster

HI Vinay,
Your question isn't clear. You want to define Payment terms and Reconciliation account for Vendor Master record ?
If this is correct then go through the below path for payment terms & Reconciliation Account.
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Rams.N
If this is helpful, assign me points

How to create AP payment terms and withholding tax from backend ?

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Hi Gurus,
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Credit managment against payment terms and credit limit

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I have two query against credit management
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SD Consultant

Hello,
In OVA8, for the combination of credit group & risk category you maintain the following
(1) CHECK against DYNAMIC with reaction C & TICK in BLOCK
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Hegal

Payment term and Baseline date are not appear after residual clearing

Hi Friends,
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Now user want to get these fields to be updated even not changes take place in OBA3.Can you please suggest me the way, with out changes in OBA3 can we get payment term and baseline date field after residual clearing .Please suggest .
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Dharma

Hi Julie,
Thanks for your reply..
Here the issue is, the user using Baseline date for two specific purpose.
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Payment terms and Baseline date deact. during posting

Is it possible to deactivate fields: Payment terms and Baseline date in FB60 and MIRO so that the user can't change them? Terms of payment are defined in Vendor Master Data and shouldn't be changed during posting.

Hi,
You can use Screen Variants using T.Code SHD0 . You can make certain field as display only. You can use the help of your abapers......
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R.Ramakrishnaraj

Payment terms and Terms of Payment

Hi,
Can any one clear me, is there any difference between Payment terms and Terms of Payment? If yes please give me the what are those.
Thanks in Advance
Prabhakar
Moderator: The same as between 'Press F1 on the field' and 'When on the field, press F1'

No Difference in SAP.
"Payment Term" is the short text and "Terms of Payment" is the long text of this field.
Regards,
SDNer

Query to check BP Payment terms and Document Payment terms

Hi All,
Can any one help me to create an approval query to check the BP payment terms and Document Payment terms are same or not?
Normally we change our BP payment terms regularly as per the agreements between Customer and us.
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Thanks in Advance,
Prachi.

Hi
I will test this and will let you know if it works or not?
Thank you very much.
Prachi.

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