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

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,
    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

  • 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
    Medha

    Hi,
    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

  • 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

  • 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

  • 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 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.

  • 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

  • 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.

  • Payment Terms for more than 3 payment terms in OBB8

    Hi Gurus,
    Please advise as to how to create for more than 3 instances, say 4 or 5.  Because standard SAP provides only for 3.  Let me brief you as below :
    -  I created the 5 payment Terms in OBB8. 5001 (clicking as instalment) ; 5002 for 5% - 30 days ; 5003 for 4% for 60 days ; 5004 for 3% for 90 days and 5005 for Net 180 days.
    -  I assigned these 5002 to 5005 to 5001 with say 25% instalment each in OBB9.
    -  Now I assigned this 5001 payment term in the Vendor Master.
    -  Posted new FB60 invoices with say 01st Oct 09 as Document Date with say Rs. 25000/-
    -  Now, I have to make the payment to the Vendor on say 15th November 2009.
    -  So ideally I am eligible for 4% discount on Rs. 25000/- since I am paying after 30 days and before 60 days.
    -  I am posting through F-53 with 15.11.2009 as the document data, and now the system is not calculating discount for the first instalment of 25% instalment and for the next 25% the discount is calculated @ 4% on 25% only.
    -  Now my requirement is to calculate 4% discount in Rs. 25000/-.
    Can any one suggest the required approach.
    Vikas

    Hi,
    Unfortunatelly payment terms in OBB8 is working as designed and the functionality cannot be enhanced. In the standard system you cannot add additional levels in the transaction OBB8.
    Instead you can check the option of using Terms of Payment for Installment Payments (transaction OBB9). Terms of payment for installment payments are made up of individual terms of payment. An individual payment term can be assigned to each installment. When you post an installment payment, the total amount is split up into individual items for each installment and each installment
    is calculated with the relevant payment term. For more information on maintaining terms of payment, refer to the Implementation Guide for Accounts Receivable and Accounts Payable.
    The terms of payment key can determine the following:
    -The valid cash discount rate for an individual payment with a maximum of 3 payment terms (first cash discount period, second cash discount period, and due date for net payment) and also a baseline date for the payment
    -The terms of payment for installment payments.
    You define the following for the terms of payment key for installment payments:
    - Sequential number of the installment
    - Percentage rate for the installment
    - New terms of payment key for the installment item
    The percentage rates you specify must total 100%.
    Example
    Suppose you can create payment term NT30 (30 days net), NT60 (60 days net), NT90 (90 days net).
    Installment terms of payment
    RT01   1   30%   NT30
    RT01   2   30%   NT60
    RT01   3   40%   NT90
    I hope this helps.
    Regards
    Ravinagh Boni

  • Payment term for Customer

    Hi
    Single Invoice has been raised with staggerred payment terms. For Ex: Invoice value is 100 Customer will be making payment in three equal instalments. (100/3)
    Currently in system we have configured single payment term. when we run the ageing report total value appear under one ageing buket.
    Can any one explain how to configure in system.
    Regards
    Kumar

    Hi,
    Through Installment Payment term you can do this,
    For eg. In 5 Installment if you want to made for payment.
    1, Create the 5 Payment Terms u2013 OBB8
    Z001 - Customer / Vendor / Fixed Day (15th of Every Month) / Addition Month u2013 1 / Document Date / No Discount % and Due date details
    Z002 - Customer / Vendor / Fixed Day (15th of Every Month) / Addition Month u2013 2 / Document Date / No Discount % and Due date details
    Z003 - Customer / Vendor / Fixed Day (15th of Every Month) / Addition Month u2013 3 / Document Date / No Discount % and Due date details
    Z004 - Customer / Vendor / Fixed Day (15th of Every Month) / Addition Month u2013 4 / Document Date / No Discount % and Due date details
    Z005 - Customer / Vendor / Fixed Day (15th of Every Month) / Addition Month u2013 5 / Document Date / No Discount % and Due date details
    2, Create Parental Payment Term u2013 ZINS u2013 OBB8
    ZINS- Customer / Vendor / Document Date / Installment Payment
    3, Make a Link to the Payment Terms to Parental Payment Term u2013 OBB9
    Pmt Term     Inst     Percentage     Pmt Term
    ZINS          1     20          Z001
    ZINS          2     20          Z002
    ZINS          3     20          Z003
    ZINS          4     20          Z004
    ZINS          5     20          Z005
    4, Maintain the Payment Term ZINS in Customer Master - FD02
    5, Now you can do the Invoice (F-22 / FB70)
    6, Check the Open Item with the Due Dates u2013 FBL5N
    Regards,
    Sridhar Sha

  • Payment Terms with discount

    FI Gurus,
    I recently created  a new payment terms with a discount of 1 percent if paid within 10 days. Payable net if paid after. Everything has been going fine, up until I had a payment with a invoiced ate of Nov. 2008. I have the configuration to calculate the discount based on docuement date and not posting date. When I entered the invoice I even got a warning message that the discount for this invoice was expired. Which it gave me the confidence that I was on the right track. Then I went into the line item details and saw that the discount did not take place. But then when I went to pay the invoice thru BF system deducted the 1 percent. I then went to the account details and there was a discount showing. Did I missed anything during configuration?
    Your suggestion will be greatly appreciated.

    Maximum cash discount was checked in FBZP

  • Payment Terms for Credit memos

    Hi,
    Please explain to me what is the significance of payment terms in credit memo. I understand that credit memo are sort of returns (sales returns or purchase returns). I am able to understand the payment terms for an invoice (which would determine the due date for the receivables and payables). But I am not able to understand the use of payment terms in credit memo...
    Please assist.
    Thanks in anticipation
    Satya

    Hi Satya
    A credit Memo without an Invoice Reference is always due on the Baseline Date (the Exceptions to this are Credit Memos which have an explicitly-stated Value Date):this Logic was introduced starting  from Release 3.1I.
    Details in Note 79871 and 84137.        
    As a result, it is due immediately at baseline date.                  
    Summary:                                                              
    1. Credit Memo with Invoice Reference have the same Terms of Payment  and Baseline Date as the Invoice.                                                                               
    2. For the Credit Memo without Reference to an Invoice, there are 2 methods available for choosing the due Date :                      
    a) The Due Date for Net Payment (RFPOS-FAEDT) is identical to the  Baseline Date for Payment (BSEG-ZFBDT). The Period for Net Term or the Term of Payment is not taken into Account. This is the Default.
    b) Or the Credit Memo is due based on the Payment Terms. For this, you must enter the Indicator "V" in the Credit Memo Field BSEG-REBZG  "Invoice Ref", in addition to the specified Payment Method.        
       You can modify this Field for the Credit Memos already posted.     
       => the above Details are documented in the Help F1 behind the  "Invoice Ref" Field.                                                                               
    Hope it answer your question                  
    Kind Regards
    davide

  • FI Validation for Payment term in Purchase Order

    Hi All,
    Please help me with this if we could have some validation
    Client want to restrict the payment term to (2-3 options) selection at the time of PO and invoice entry
    Example:if we set up a merch vendor with 75 day terms the buyer can't choose anything but 75 day terms, but if we added 30 day terms they could choose either 75 or 30 days.
    I understand that we cannot maintain 2 payment term in purchasing data of vendor master without sub ranges( which client doesnt want)
    but was wondering if there  any solution to it (no enhancement)

    Hi,
    Payment terms are maintained in SPRO>Financial Accounting>accounts recvable and payable>incoming invoices>maintain payment terms
    check for yourself you will come to know how those are maintained
    Best Regards
    Diwakar
    reward if useful

Maybe you are looking for