Payment Terms Installment pay

Hi Gurus - Can anyone provide a solution for installment payment term with combination of fixed amount and % (txns OBB8 and OBB9).
For example : For amount 10000, 1st installment would be 4000 and balance due on specific date.
Thanks.

Hi Solomon,
Make 40% payable immediately and the balance in installments.
Example-
Create these terms in OBB8
Term1 - Installment terms
Term2 - Due immediately-40%
Term3 - Due after 30 days-20 %
Term4 - Due after 60 days-20 %
Term5 - Due after 90 days-20 %
In OBB9, maintain as follows -
Term1  1  40  Term2
Term1  2  20  Term3
Term1  3  20  Term4
Term1  4  20  Term5
If this is not what you are looking for, please elaborate your question.
Regards,
Mike

Similar Messages

  • Payment terms- installment payments

    hello,
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    Breakdown into installment payments not possible for item 001
    I am trying test retainge for an invoice , so it should brekup the line item depending on the criteria of the installment.
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    Hello
    In case of Instalment payment terms plse follow the procedure mentioned below.
    1.Define the payment term by activiting the instalemnt indicator without specifing any discounts rates etc.
    2.Then go to the Instalment step and fill the columns in the first column as your payment term define above based on your no of instalments
    for example u have 4 instalments give the payment term defined above four times and
    in the second column your instlment number like 1st, 2nd,3rd,4th etc.
    in the third column percentage  in that instment let say 40%,20%,20%,20%.
    In the fourth column you assign the normal payment term.
    Plse note that you can assign separate payment term for each instalment and can get discount accordingly by specifyng the discount rates.
    try this it work.if not plse let me know.Assign points if it is useful.
    with regds
    RAJA

  • Payment Term - Installment

    Hi Guru,
    I config OBB8 & OBB9 for the installment.
    Payment Term 0009
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    2nd. 30%  -- Inspection
    3rd 10%.   -- Completion of testing
    In PO, we purchase 1 Machine with USD1,000. (Payment Term 0009)
    When doing MIRO for the GR, USD400, the system breaks down USD400 in 40%, 30% & 10% which is not what I am expecting. Wonder anyone comes across this issue before? Thanks in advance.
    CT

    I think you should enter MIRO for USD 1000, not USD 400.  Put a default payment block in OBB8 for 2nd and 3rd installment.  By the way, where is the 4th installment (for the remaining 20%)?
    When you do all the above, MIRO's follow-on accounting document automatically splits the vendor liability line item into four line items, where the 1st installment will be with due date as per the term you have in your 1st installment payment term (in OBB8) and the rest would be blocked for payment.  As and when further milestones (inspection, testing, etc.) are complete, you need to manually remove payment block on the corresponding vendor liability line items.
    Also consider Partial Invoicing Plan under SPRO -> MM -> Purchasing -> PO -> Invoicing Plan (I can't elaborate much on this, as I never worked on this).
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  • Instalment payment terms creation

    Dear SAP Gurus,
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    Can any one help me how to create the Payment Terms (Installment Payment Terms) for the following:
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    1)     Advance                                           10%     Immediately
    2)     Receipt of Bill of lading                      30%     90 days
    3)     Receipt of safe receipt certificate      40%     90 days
    4)     PTOC                                           10%     18 months  from start of project
    5)     FAC                                           10%     24 months after PTOC
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    Please provide the same scenario with screen shots.....
    Thanks & Regards
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    HI,
        We can crete instalment paymnet terms in OBB8. first you have to divide the payments in parts and the give link in OBB9,
    please do for example if customer needs instalment payment terms 30% 20% 50% first we have create paymnet term in OBB8 THREE PAYMENT TERMS IN OBB8 AND NEXT WE HAVE TO GIVE LINK IN OBB9
    Edited by: Gadupudi naresh on Apr 13, 2011 5:20 PM

  • Installment payment term in MIRO

    Hi Guys,
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    I have define a installment payment terms.
    This payment I mantain in vendor master data both in accounting & Po view.
    While creating PO it automatic capture from the vendor master.
    Same is also capture in invoice intering.
    But while invoice Posting it show the error " No additional apportionment possible for installment payment conditions".
    My question is where we apportion the quantity.
    Prompt answer should be highly appricible.

    Hi,
    after creating Payment term (Instalment) there is anthore transaction in which you have specify the % of instalment amount and refrence payment term
    Hope this will help you
    and please reward the points
    Regards,
    MS

  • 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
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    Sandip,
    I understand you have to configure two payment terms.
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  • Payment Term/BP on the level of Charge type in FWO

    According to business process I have 2 variants of payment term  for transportation with payer:
    1)      Prepaid (paid by Agency1(Payer1) in POL port of Loading)
    2)      Collect (paid by Agency2(Payer2) in POD port of discharge)
    3)      Today customer has  a requirement to issue several settlements from one FWO to different business partners on the level of  charge type.
    Example:
    BP Role: Payer
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    Charge type2 - BAF (Bunker Adjustment Factor)
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    BP : Payer 2 
    Payment term: will pay with term collect:
    Charge type3 - DTHC
    The problem is how to  combine several terms(prepaid/collect/direct) with several BP Roles(Payer)/BP(Payer1/Payer2)on the level of charge type(service) in FWO.
    From the fisrt sight this case could be some way covered by standard on 9.1 functionality of «Charge type activation based on incoterm».
    But at the same time we some issues with this standard solution, because we need to split payer and term not only for the whole stage, but also for different charges in one stage. An example of this could be port to port transportation without any pre-carriage or on-carriage, but with OTHC/DTHC that could be paid in any term(P/C) separately by the appropriate agent in POL or POD. At the same time all the transportation costs will be associated only with one stage of transportation.
    Do anybody has an idea how to split payment term deeper than level of stage?

    Hi,
    You can use the "Flexible Settlement" function in TM9.1.
    Assign the charge types to settlement group.
    Assign the settlement group to settlement rule.
    Assign the settlement rule to settlement profile.
    Best Regards
    Clark Huang

  • Payment Terms-Manual due date Input-Which field?

    Dear Gurus,
    I can observe an option at the payment terms of "no default" which means that payment due date has to be entered manually.Is there some field in the order or billing document where the due date can be entered manually.Kindly hep,thank you.
    Regards,
    Sam Ahmed

    Hi
    By making due date manual you want to give a free hand to end user for entering any date as due date. He might enter 30 days or 300 days and this is the reason payment terms are used. I don't know about your business scenario but in most of the cases due date is determined from payment terms.
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  • Reg.payment terms

    Hi
    [1].    Customer credit period =30 days
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    2nd installment after 20 days i.e  remaining amount.(70%)
    i entered values in installment window under Admin----setup--Business partner----payment terms
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    how do i configure the above scenario.
    regards
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    Edited by: raj kumar on Apr 6, 2009 12:32 PM
    Edited by: raj kumar on Apr 6, 2009 1:12 PM

    Hi
    Thank u
    i understood second option (apply tax proportionately)
      but in first option(apply tax in first installment) when i included invoice tax amount to first installment,
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    total invoice amount =7904
    tax amount= 304
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    2nd installment =70%
    when i use second option i.e (apply tax proportionately)
    30%   =2371.20
    70%   =5532.80  this is ok but
    in first case (apply tax in first installment) should be
    30% = 2371.20  +304 (tax amt)=2675.20  but
              getting 2584 (how it calculated)

  • How to configar payment terms

    We want payment term
    90% against proforma and remaining 10% after submission of original invoice along with taxes and duties extra as applicable
    In

    In TCode OBB8, create [ 3 payment terms |Payment term -PREPAID 30%, BALANCE DUE NET 30;:
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    Sales text / Own explanation Desc
    Account Type
    Remarks
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    90% on proforma (immd.) & 10% on original invoice
    Customer
    in payment terms section - tick Installment payment
    Refer standard payment term 0009
    Z002
    90% on proforma (immd.)
    Customer
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    10% on original invoice
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    maintain installment for Z001 or main payment term
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    Install Seq
    Ref Payment Term
    Z001
    1
    90.000
    Z002
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    10.000
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    So, your payment Z001 - 90% on proforma (immd.) & 10% on original invoice is ready to use in sales order.
    Try your this and share you feedback.
    FYI, payment terms are configured by FI guys.
    Regards
    JP

  • Interest rates in payment term

    Hi Gurus,
    We have one requirement to create a payment term like this "Payment due within 30 days and 1% interest per month".  How can we set interest rates in OBB8 transaction?
    Regards,
    P Gomatheeswaran

    Hi,
    In the Transaction code OBB8 you can define the INTEREST RATE and no of days for which till interest applies
    goto the details of the Payment terms in the same transaction and in the screen you can find the tab with PAYMENT TERMS---installment payments.
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    Hope it is clear,
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    thanks,
    santosh

  • Payment immediately - payment term problem

    Hi Experts,
    We have the problem today that the system does not take into consideration payment terms but pays out everything immediately. Payment term master data are ok.
    In MIRO by giving in payment term the system does not read the details and therefore pays out everything.
    What can be the root cause?
    Thanks for the suggestion,
    BB

    Hi Brigitta,
    In F110 there are several things that can control hwihc items are paid and when:
    1  Config - set up of company payments in FBZP
    2  Master data in vendor account, including payment terms, methods etc.
    3  Information carried at document level - payment terms, blocks etc.
    4  Parameters entered in the payment run itself in F110
    I would recommned checking carefully the data entered in the document and line item in the vendor account - check the payment term at this level, and the due days.  Next to check is that the "Next payment run date" entered in F110 is not too far out, because if you have enetered a late date, and the item falls due before that date, the system will pay it even if it is not due right now.
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    Regards,
    Tony

  • Retention amount/ payment term

    Hi Sap Gurus ,
    I have a request from the client to configure , retention amount from vendors
    Can any one please xplain the configuration steps for the business process mentioned below .
    Cost of the COntract 100000 thousand , to be executed in four months
    At the end of 1st month invoice received for payment 25% of the contract amount
    At the end of 2nd month invoice received for payment 25% of the contract amount
    At the end of 3rd month invoice received for payment 25% of the contract amount
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    Request you all to please provide me a solution on the above
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    Vik

    Hi Vik,
    You need to configure 3 terms of payment for this purpose.
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                   Z001                   2                10                Z003
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    Hope this answer helps you.  Please assign points if found useful..
    Regards,
    Sreekanth....

  • Instalment payment terms and Due date

    Hello
    Can i have some comments on how the due date will be calculated in case of instalment payment terms.what is the configuration needed.Can we get the discount for each instalment if we pay in advance i.e before the due date.
    with regds
    RAJA

    Installment payment terms is basically one payment term linked to other paymnet term(s).
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    0001                  1     20              AAAA
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    0001                  3     50              CCCC
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    1             200                AAAA
    2             300                BBBB
    3             500                CCCC
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    Dear All,
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    Installment payment :-This is nothing but when vendor will pay no .of terms
    Funtionally we can use for both T.codes OBB8,OBB9
    May be you can understand what i told
    Regards
    Surya

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