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
Similar Messages
-
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,
Jackiesappassion2011 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 -
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?
KanthaHi,
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. -
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,
santoshHi,
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. -
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???
vinilaHi 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 Term in PO based on Vendor / Material / Plant Combination
Hi,
The payment terms in Purchase Order are defaulted from the payment terms maintained in Vendor Master. Hence, if we order any material on vendor, then also, the same payment term gets copied to Purchase Order.
We have set different Payment Terms with Vendor based on the material which we purchase from him. For example - For some materials, we have set payment terms as 30 Days Credit & for other materials, we have set payment terms as 60 Days Credit.
Presently the concerned buyers are changing the conditions manually while creating the purchase order. We would like to have this defaulted in the purchase order based on Vendor / Material / Plant combination.
Can we use 'Condition Group' in Purchasing Info Record for this purpose?
If yes, how can we default the payment term from Purchasing Info Record to Purchase Order?
Regards,
Prashant KolhatkarHi,
Thanks for your reply.
In this case -
1) I create the info record manually for vendor / material / plant combination.
2) Create PO for this combination.
3) After PO is created, then the payment term can be maintained in Info Record.
Is this correct?
If so, then where can we maintain this Payment Term in Purchasing Info Record?
If maintained, then for further POs, should this get copied from the Info Record instead of Vendor Master?
Regards,
Prashant -
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 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 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 -
Need help regarding payment terms f4 for purchase order
hello everyone,
im currently workin on smartform for purchase order so transaction code is me23n in dat 1st tab delivery/invoice can u see payment terms field its technical field name is ZTERM in dat if u click on f4 ull find tht value along with description say eg 0001 payable immediately due net lik dis it comes so i need to display ths text i.e payable imm... lik dis in my smartforms field im unable to retrieve tht text element i gt 1 function module also ie Fi_F4_ZTERM here im gettin whole record i wnt only 1st record i.e 0001 payable if u click on f4 thr r many records...so whn u go to me23n ie for display u shd hav value tht is alrdy stored lik dis u check ulll understand.. thnx in advance fr ur help...Hi,
The text of payment terms is stored in table T052U.
You can get the payment terms of a PO in table EKKO and field ZTERM.
Pass the value of this field i.e. EKKO-ZTERM to T052U-ZTERM and T052U-SPRAS as SY-LANGU .
You will get the description of the payment terms maintained in the PO.
Regards,
Vinod -
Creation of payment terms on for payment on instalment basis trans OBB8
Hi
I have a few doubts in creation of payment terms
10% - advance payment - 60 days invoice date
65% - on shipment of goods - 60 days invoice date
20% - on receipt of final documentation - 60 days invoice date
my doubt is do i need to consider remaing 5% as discount and as a instalment . for exam
if 10% advance is 30 days invoice date and other 2 are 60 days how should i consider it
Waiting for your valable suggestions
Thank you
MedhaHi,
I think you can create the three payment terms as below in transaction OBB8:-
1000 for payment of 10%
2000 for payment of 65%
3000 for payment of 25% (With discount of 20% (5%/25%*100)
Then link these payment terms to a installement payment term 9999 in transaction OBB9.
(Note:- You can change the payment term name instead of 1000, 2000, 3000, 9999.)
Regards,
SDNer -
Clearig rules for Customer and Vendor accounts
As per my business scenario, i cannot given clearing rules as ZUONR(Assignment) and XBLNR(Reference) . What else we can give as automatic clearig rules other than the two.
Hi ,
There are many fields you can use but you have to select a field that will be in both the clearing document. You can select AWKEY=Reference Key or DMBT1- Amount .
Regards -
Payment term in Invoice (F-43)
I have made 'payment term' mandatory for the customer/vendor account groups. However, for certain customers which was created earlier, there is no paymen term in the master record. When I try to create a PO, system asks for a mandatory payment term. But for the same vendor, when I try to create a FI invoice (F-43) it does not ask for any payment term and the invoice can be posted without a payment term. Why this is so ?
Dear:
Setting the payment term mandatory at Account group level make it mandatory for master data creation only. For transaction entries you will have to make changes in Vendor Recon account (go to OBC4...select field status group of vendor recon account ....Materials management..PO ) or in posting key in OB41.
e.g in your case F-43 posting used to credit vendor is 31, You can set PO as mandatory in OB41 for posting key 31 (if you do not want to make it through Recon account field status group). This will do the the job
Regards -
Payment Terms at Vendor Subrange Level
Hi Seniors,
I have a vendor with payment terms 0001 and i have maintained vendor subrange with plant XXXX and payment term 0004 for the same vendor. When i raise a PO with that vendor and plant combination, the system is not picking the plant specific payment term "0004" from subrange, it is picking only "0001". Kindly tell me why is it so please.
Regards,
JanaMMhi
GO TO PO, SELECT LINE
ITEM>MORE FUNCTIONS>ADDITIONAL DATA.
CHECK VENDOR SUB RANGE IS ASSIGNED OR NOT.
YB -
Hi Gurus,
We have one issue,i.e,i am created one payment term "X",but at the time of picking the Invoice in MRIR T.code it is picking another payment term.So can i change the payment term manually in the MRIR T.code.suggest on this procedure.
Thanks in advance
JanaHi
Check the payment term maintained for the concerned vendor in the purchasing org area / purchasing data screen using tcode XK02/3
(not in the company code area)
Regards
Sach!n
Maybe you are looking for
-
ITunes iPhone this computer is no longer authorized for applications...
I migrated recently my MacBook Pro 15" leopard for a MacBook Pro 13" new generation snow leopard. When I connect my iPhone to iTunes on the new computer I goot an infinite loop of questions: 1. this computer is no longer authorized for applications..
-
Copied PO with flag "exchange rate fixed"
Hello! If I have an old PO where the flag "exchange rate fixed" is set and I copy this PO, the new PO has set this flag and the OLD exchange rate. Did I have any chance to get automaticly the actual exchange rate, by copying an old PO with the flag "
-
Java ME 3.0 SDK Profiler - Mac OS X
Hi, I would like to know if it's possible to profile the memory usage of an MIDP application on Mac OS X. The SDK 3.0 seems to generate only offline CPU profiling information, which isn't very interesting. I'd like to attach a profiler to monitor the
-
Import preserving folder hierarchy
Hi all, I have many (>100) folders (within folders) of photos on a harddisk which I would like to import into LR while preserving the folder hierarchy structure. Is there a way to import all folders at the same time while preserving the hierarchy or
-
Hi..my iPod Classic is stuck on the "do not disconnect" screen and I am not plugged into my laptop. This just appeared as I turned it on. Any suggestions?