Payment terms configuration issue

Hi All,
I have a requirement of configuring the following AR payment terms in the system
1) 50% payment due in advance 50% due 45 days from Invoice Date
2) Payment in advance
In OME2 how to configure the above terms for no. 1 , should i use the installlment option in while config...
Please provide me detail steps for config and also let me know how to take care Advance payment part.. We dont have customer down payment option in the project scope..
Regards,
Sandip

Sandip,
I understand you have to configure two payment terms.
1. 50% advance and 50% at 45 days from invoice date - this can be handled through instalment option and the percentage can also be fed there. but 50% advance can be handled only through downpayment option. A workaround is to set 'pay immediately '0 days' at the payment term instalment level and then knock it off with the downpayment document, later.
2. Advance payment - can be handled only through Down payment option in SAP.
Thanks
Rajalakshmi S

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Payment term configuration

Hi All,
We need a payment term configuration in FI as follows.
Invoice date plus No.of grace days plus end of month (that means we have make payment on the last day of month where the last grace day falls in that particular month)
Thank in advance
Jagan

Hi
You can have base line date calculation as 30 days from invoice date and then payment due on the month end in the month base line date is calculated.
Create a new payment term, enter the base line calculation as additonal months 1. Default date for base line date as document date or posting date as per your choice. In payment terms fill discount terms by entering fixed dates in 1st and 2nd fields , in third field enter the fixed date as 31. Then base line date will be calculated as 1 month after invoice date and payment will be due by that month end. You cannot have 45 days because additional months cannot accept it as 1.5 months.
Thanks

New payment term configuration in FI

MM Gurus
We need a payment term configuration in FI as follows.
Invoice date plus No.of grace days plus end of month (that means we have make payment on the last day of month where the last grace day falls in that particular month)
Thanks
Vijay

Hi
Create a payment term with entry date as default for base line date and in fixed days calculation enter 31 in fixed date. Then base line date calculation will be end of every month.
Thanks

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 Terms fetch Issue(Plant Level) @ SRM 7.0

Hello Experts,
We are currently implementing SRM 7.0 system(Classical Scenario) across regions.In one such scenario we found out that when we create a PO directly in SRM the Payment Terms is fetched correctly from the Vendor Master at Plant Level(Bypassing the Purch Org Level data, since Standard SAP looks for plant specific data & the same has been implemented in SRM by enahancing the BADI BBP_DOC_CHANGE_BADI (Implementation ZBBP_DOC_CHANGE_PO ,Method :- BBP_PO_CHANGE using a Custom FM with SQL Query on LFM2)
However when a PO is ordered via the Shopping Cart method,the payment term is fetched at Purch org level,even though we have an Alternative Data(at Plant level) in R/3.
The Header & Item Level Data are the same.for both the PO's. Can someone please give some pointers on fixing this issue.As we know from SAP,fetching Plant related Payment Term into SRM is not a SAP Standard Feature & thus a custom logic was implemented.Payment Term Table(BBP_PAYTERM) is updated with the latest data with all Payment Term translations maintained in R/3.
Awaiting your suggestions.
Thanks,
Arnab Sinha
Shanghai,China

Dear Poster,
As no response has been provided to the thread in some time I must assume the issue is resolved, if the question is still valid please create a new thread rephrasing the query and providing as much data as possible to promote response from the community.
Best Regards,
SDN SRM Moderation Team

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 terms&MRIR issue

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
Jana

Hi
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

OBB8 - Payment term configuration

Please help me with a terms code configuration. The terms are as follows:
2% 10th of the following month Net 30
I have the first part set up with a percentage = 2% and a fixed date = 10 and additional months = 1. This part is working fine.
I can't figure out how to get it to pay the invoice in 30 days if it has been entered after the discount period.
For example:
Invoice date: 11/25
Date Entered: 12/14
Since it has been entered past the discount period (which ended on 12/10), the invoice is due in 30 days, so the due date should be calculated as 12/25.
How do I set up the 2nd line of the payment terms to caculate the accurate due date?
Thank you ....
Edited by: Gary Buechler on Dec 26, 2008 3:01 PM

Thanks for your replies ... I still have not solved the problem.
The document date is set as the default for the baseline date. I have the 1st term line set up as follows:
Percentage = 2.00%
No. of days is blank
Fixed Date = 10
Additional Months = 1
When I try to do as Vinod has suggested by entering 30 in the No. of days column under the 2nd term line and leaving all other fields (percentage, fixed date, additional months) blank, I get the following error:
"Periods to be calculated are not all in ascending order."
Your help is greatly appreciated!!!
Gary

Payment Terms Authorization Issue

Hi All,
We have set business partner master as read only to all our users except one.
In Purchase log in , the user needs to change payment terms. So , we set Payment terms right as full authorization but still the problem persists. After setting Business Partner Master As Full authorization instead of Read Only the problem solved.
But , we do not want this.
Is there any workaround for this ?
Thanks
Malhaar

Hi Datta,
Payment terms right comes in System Administration - Setup - Business Partner.
As you said it is not present individually under Purchase.
If i've overlooked anything please help me.
We are on SAP 8.8
Thanks
Malhaar

Payment Term Requirement Issue

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

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

Payment term configuration with installment and due date

Hi,
I have one requirement, one paymne term we have as 40 % advance and 60 % after 45 Days, in description it is as mention, when we do the MIRO one accounting etry is generated in system we can check in FBL1N, now as only one entry is created and the due days are as we maintain in No. of days so according to that the due date is calculated but the requirement is system should show two due date as 40 we have to pay advance so for that for 40 paymne tamount is should so one due date and for remianing amount it should show different due date, How to configure this.
regards,
zafar

Hi,
Can you help on this issue.
regards,
zafar

Missing Payment Term field on tcode FBR2 Customer Invoice Display

Hi Experts,
This is a more detailed explanation on the Payment terms field issue we are encountering since last week.
I have some problems with their request that they want to show the payment terms field in the transation code FBR2 - Customer Invoice even if the Sales Area Data for Customer is not maintained but Company Code Payment Terms is maintained. I need help on the configuration on how to show the field.
What I researched is that there are 2 maintainance of Payment Terms Field:one in the Company Code and another in the Sales Area. As I read on some forums, the Payment Terms in Sales Area should be the default when using the SD Process however, the Payment Terms in the Company Code should be the default value when they use FBR2 - Customer Invoice. But thay still cannot see the payment terms field in the Accounting Document they already created.
I already checked in transaction OBC4 the Reconcilliation Account Group and the Payment Terms field is optional there and even the Posting Key 01, which is also optional.
Please help me on this. Thank you.

I did some checking on the past few posting, and I found some posting to the same account also the same tcode FBR2. However, the other one is with posting key 01 - Invoice.
The Problem occurs when we use FBR2 then the posting key is 09 - which is a special g/l posting for the account. How can I check why the "Payment Terms" field is still not displayed or cannot maintain in this transaction?

Re : Payment Terms 40 days due on 10 th month

Needs Payment Term Configuration :
Payment Terms 40 days due on 10 th month
Regards
Chandu

Hi,
I presume that your requirement is 40 days due and payable on the 10th of next month.
Here is my suggestion with an illustration.
You can create a payment term, say xxxx, with -
day limit = 2
payment terms / fixed date = 10
payment terms/ additional months = 1
and another payment term, with the same name xxxx, with
day limit = 31
payment terms / fixed date = 10
payment terms/ additional months = 2
This will work as follows -
An invoice dated 1st March, will get paid on April 10th, due date having fallen on April 9th
An invvoice dated 2nd March will get paid on April 10th, due date having fallen on April 10th
An invvoice dated 3rd March will get paid on May 10th, as it will be only 39 days due on April 10th
An invoice dated 1st April, will get paid on May 10th, due date having fallen on May 10th
An invvoice dated 2nd April will get paid on June 10th, as it will be only 39 days due on May10th
An invvoice dated 1st Feb will get paid on April 10th, as it will be only 38 or 39 days due on March10th
As majority of the months have 31 days, I came to a logical conclusion that the day limit can ideally be 2. However, you can decide a date that best suits your requirement.
Regards,
Mike

Payment terms - Baseline date calculation.

Hi
In payment terms configuration, we have option "No Default" for determining Base line date.
If we have payment terms with above configuration.......
In Fi, Baseline field will be blank while posing Customer Invoice, in which case We can enter baseline date manually. However If Invoice is generated from SD-billing document, we dont have any field "Baseline date" while posting billing doc. In such case how system determines Baseline date. When I checked few billing documents, Baseline date is defaulted with BIlling date even "No default" option is selected.
Is there any configuration in SD that prompts this action. or is it always billing date is defaulted ?
Please clarify

Hi !! Madhu,
There is a way, but not exactly what u require! You can check while maintaining the condition records in t.code VK12, observe the last two columns available, one is called a 'Fixed Value date' & the other is called 'Add Val Days'.
If you make any entry in the field 'Fixed Value date' this will be the date from which the payment terms start taking effects. Or if you make an entry in Add Val Days' in this case the payment terms start taking effect from billing date + the no. of days mentioned in this column.
You cannot make a entry in both 'fixed value date' & 'Add Val date' fields at one time.
Give your feedback if this has worked for you.
Regards,
PATHIK

Payment Term in SAP

Hi Experts,
I need your expert suggestion on the Payment term. Client asked me to create 2 payment term in which he want to create it with some conditions.
Please find below for the same.
1) 60 days, pay days 1, 10, 20
2) 30 days, pay days 5, 20.
Now see the below example for 1 st payment term:
Eg Day 1
Doc. date 21.01.2014
60 days = 21.03.2014
due date = 01.04.2014
Eg Day 10
Doc. date 02.01.2014
60 days = 02.03.2014
due date = 10.03.2014
Eg Day 20
Doc. date 11.01.2014
60 days = 11.03.2014
due date = 20.03.2014
Same I have to Create for the another Payment term.
Just want to conform whether is it possible to give 3 different condition or do I need to Create 3 different Payment terms for this?
Please suggest.
Thanks in Advance.
Kapil Deshpande.

Hello Kapil,
let me combine my two replies into one consolidated example. Let's say you set the baseline date in the payment term configuration to document date; this matches the invoice entry process of many companies; entering the invoice date as it is written on the paper invoice they received from the supplier.
In an example, you would enter posting date (today) 13 August 2014, document date e.g. 11 August 2014.
--> day limit is beyond 01 and beyond 10, but within day limit 20 of the new payment term "Z1"
--> as baseline date is defined to be taken over from document date in 20/Z1, it is set to 11 August
--> configuration of 20/Z1 states to add two months (counted as beginning of new month) and 20 days
Result is that this invoice has a due date of 20 October 2014.
Regards,
Christoph

Payment terms configuration issue

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