Terms of payment 15 days -5% or 60 days net from invoice date

Hi
I need to configure the terms of payment as below rule
"15 days -5% or 60 days net from invoice date"
Please suggest to go ahead
Thanks in advance
Regards
Prasad

Hi,
Go to OBB8 select new entries
Give payment term and short text and longtext
Go to payment terms
1. 5% 15 Days
2 - 60Days
save
If it is usefull please asign points
Thanks
Shiva

Similar Messages

Terms of payment (90 days net from invoice date end of month)

Hi
I need to configure the below terms of payment
"90 days net from invoice date end of month"
plz suggest me
Regards
Prasad

Make the following entries in Tcode OBB8
Baseline date
Fixed date = 31
Payment terms
Term 1
No of days = 90
Arvind

Payment Terms (60 days net from invoice date, payment 10 th or 20 th of th)

Hi
I need to work on the below req.
60 days net from invoice date, payment 10th or 20th of the month.
Regards
Prasad

HI ,
Check OBB8,
Hrere you can give Fixed Date 10 & select additional months 2.
Try this .
chandra

New terms of payment set up for 45 days

Hi All
I need to create a pay terms.The delay is 45 days end of month.
That mean you have a minimum period of 45 days but the payment is on the last day of the month. If customer receive his purchase before the 15 of the month he must pay 1 month and an half, if customer receive after the 15 then a have near two month to pay.How we can define this. Thanks in advance.
Regards
Hari

Hi Quemener Bruno ,
You need to define 2 payment terms with the same name , config Steps are :
step : 1.
Pay Terms : XX45
Daylimit : 15
Account Type :
Fix Days : 45
Additional Month : 1
Default for Baselint Date : as per your requirement
Term : give 31 in Fixed Date
Additional Month 0
Save
step : 2
Pay Terms : XX45
Daylimit : 31
Account Type :
Fix Days : 45,
Additional Month : 1
Default for Baselint Date : as per your requirement
Term : give 31 in Fixed Date
Additional Month 1
Save
Please let me know if you are facing any problem
Regards
Hari

From Invoice Date - get No of days

Hi,
I have invoice date,
in my report there is calculations need tobe done for the following.
Case - MTD
Invoice Date - 2009.03.24. I need to capture no. of days in that month ie, 03 (march)
Case - Elapse Days
no of elapse days since 1st of every month ie, if current day is 2009.03.24, elapse days will be 24days....not the working days...but all the days in that month from 1st of ebery month to till today.
provide your suggestions.
pratap

> in my report there is calculations need tobe done for the following.
>
> Case - MTD
>
> Invoice Date - 2009.03.24. I need to capture no. of days in that month ie, 03 (march)
You can pass your Invoice date ( Month and Year ) into Function Module NUMBER_OF_DAYS_PER_MONTH_GET
and get no.of days for that Month.
> Case - Elapse Days
>
> no of elapse days since 1st of every month ie, if current day is 2009.03.24, elapse days will be 24days....not the working days...but all the days in that month from 1st of ebery month to till today.
Can you explain your requirment more elaborate.
For my understanding
1) if your invoice date is 2009.03.24, and you want elapse days will be 24.
use Concatenate funtion and get the value 24.
2) if your Current date (system date )is 2009.03.24, and you want elapse days will be 24.
use Concatenate funtion to system date and get the value 24.
3)if your invoice date is 2009.03.01,system date is 2009.03.24 and you want elapse days will be 24.
use function module 'DAYS_BETWEEN_TWO_DATES' with passing your invoice date ans system date, you will get the elapse days vale 24.
Cheers,
Sree

"Day limit" in terms of payment

hi all,
can someone explain me the purpose of the below fields in terms of payment, preferably with scenario ?
day limit
fixed day
additional months
Regards,
Surya

Hi
Below are the explainations
1.Day Limit - Day Limit Field which you find under Payment Term is for giving the Day Limitations.. ex : if Business says that they want to give Discount of 2% for the Invoices Posted till 15 th of evey month. and 0 % for the Invoices Posted after 15th to 31.
when you give 15 in Day Limit Field - the system checks for the Invoices posted till on or before 15th and for invoices Posted after 15 , discount will not calculated.
2.Fixed Day - If Business decide to Give discount if the Payment is done on a perticular day or date then we give here tht date.
ex:15th of every month.
3.Additional months - if the discount and Payment Due date should be next month or comming month ..we use this Field. Ex : for an invoice posted on or before 15 of this Month the Net Due date should be 20 of Next month then ,we create the Payment term
day Limit -15, Fixed date 20 and Addtional Month 1
Hope the above explaintations clarify your doupts.
Thanks
Goutam

About Terms of Payment for PO

Dears,
I use a term of payment 0001 in a purchase order.
the term of payment are: 5% in 14 days, 3% in the next 30 days.
When I create a po , carry out GR, I process invoice verification. But in invoice verification for the PO, the system doesn't carry out discount calculation automatically.
I want to know why there is no automatic calculation, how to set it in sap system ?
Thanks.
Zhongkai

Hi
Terms of Payment are linked to the payment processing of the vendor invoice,
if you want to see the effect of terms of payment ,
Pay the Vendor using the reference of the Vendor invoice , the system will calculate the net amount considering the Cash discount if you are paying with in the specified days.
Thanks & Regards
Kishore
Edited by: Kishore Kumar Chiluka on Jul 21, 2008 1:44 PM

Validate Terms of Payment in MIRO against vendor master

Dear All,
I have a requirement to Validate Terms of payment in MIRO with Vendor master data. I am using INVOICE_UPDATE BADI to check if Terms of payment in MIRO is same as Vendor master table LFB1, However I also need to check days which is not in LFB1,
How do I validate MIRO -> ZTERM and Days with Vendor master is there any function module ? I checked T052 table but ZTERM is not the only primary key and suggestions please ?
Regards,
soyunee
Edited by: soyunee on Jun 23, 2010 11:43 AM

Hi,
See the the SAP documentation of Daylimit.
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.
In your case,
if rbkp-bldat is between 1st and 5th of the month, extract
data related to t052-ztagg = '05'.
If rbkp-bldat is between 6th and 20th of the month, extract
data related to t052-ztagg = '20'.
if rbkp-bldat is between 21st and end of month, extract
data related to t052-ztagg = '31'
Regards
Vinod

Terms of payment in sd module along with the fico interface

Explain breifly abou the terms of payment in sd module along with the fico interface?

Hi,
See the the SAP documentation of Daylimit.
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.
In your case,
if rbkp-bldat is between 1st and 5th of the month, extract
data related to t052-ztagg = '05'.
If rbkp-bldat is between 6th and 20th of the month, extract
data related to t052-ztagg = '20'.
if rbkp-bldat is between 21st and end of month, extract
data related to t052-ztagg = '31'
Regards
Vinod

FI invoices not picking up Terms of Payment

Hi,
We have FI invoices (Posted through FB60) for freight charges. These invoices hit frieght expense account instead of being posted against a PO.
The problem is that when these invoices are posted, they are due immediately. We checked the payment terms of vendor and the terms of payment should not make the invoice due for payment immediately, instead due after 30 days.
Hence, the problem is that the correct terms of payment are not being picked up by that invoice doc type. Can you please suggest a solution, as to what could be wrong or where to look.
Thank you.

The thing is that this vendor is not a regular vendor. Its a pay to vendor created without a regular (parent) vendor. Hence, I cannot look this vendor up in the Xk03 tcode. I checked the payment terms in table LFb1. There the payment terms say 30 days due.
Additionally I checked payment transactions view in XK03 for another vendor and did not find any field named payment terms. Not sure if its even there. Did you mean to check the payment terms in the purchasing view instead?
We are using Retail system, so maybe its different here. I doubt it, but just a thought.
So to summarize basically, there is no FI payment terms, we use only regular payment terms from vendor and I checked those in LFB1. They do not say due immediately. Secondly, the vendor is a invoicing party (created without a regular vendor). When invoices post, they hit a freight expense account directly.
Any advice?

Terms of Payment Creation

Hi Friends,
I need to create Payment terms. I need to create them. I have below data. How can I create using this.
(a)Terms: Current number of days from invoice date
(b)Days: Day of the month (after passed the term days from invoice date) when the invoice must be paid.
TERMS (a)     DAYS (b)
08 DAYS
15 DAYS     25
30 DAYS     25
60 DAYS     25
90 DAYS     25
15 DAYS     10     25
30 DAYS     10     25
60 DAYS     10     25
90 DAYS     10     25
shortest     longest
8     8
15     29
30     59
60     89
90     119
15     29
30     44
60     74
90     104
Can anybody help me?
Thanks,
Bhairav
Edited by: Bhairav Prasad on Feb 6, 2008 2:26 PM

Go to SPRO-MM-Purchasing-Vendor master- Define payment terms
Hit new entry and create youe payment term
but make sure that you should not check the customer box if this is only for MM payment terms
invoice date - select the document date or psoting date

Terms of payment -delivery date

hi
i want to make a terms of payment xx days from the delivery date. I would like to know how terms of payment will be made.
in SAP we have no date, document date, posting date, entry date.
Main point is how correct baseline date will be proposed in accounting document while invoice processing.
In my view i have only one option of manual entry Delivery date in accounting document in baseline date field. It is not possible to derive the proposed delivery date in system automatically.
In document date field while invoice processing i will enter invoice date not delivery date. Further in PO whatever payment terms i enter cannot propose delivery date in baseline field
main purpose is to derive correct due date in system.
please suggest if there is any other way out
thanks
s ap

hi S AP,
I think you can create a substitution, where the document date is substituted with the delivery date (coming from the MM document) and payment term will be calculated accordingly (baseline date based on document date). Probably some coding will be necessary (in a substitution exit), but I think this is the way to do it.
ec

Displayment of terms of payment

Hello,
I need to create different terms of payment but I have a problem.
If I create the same term of payment with two different limit days when I display the list where appear all the terms of payment, the system duplicate each term.
I want to see each term of payment only once, how can I do it?
Than you very much
Best regards
Beatriz Amezua

Hi....
Adding to the above, if you would like to see the terms of payment with some identification you can have your own narration in the sales text filed of payment terms.
For example two terms of payment
0002 and Z002 are to be created and identified separately with narration as per the day limits:
for 0002--sales text field you can enter PT 0002-Day limit 10.
Z002-PT 0002 -Day limit 15.(with this kind of narration in sales text you can relate both PT)
Codes for payment terms need to be created separately as Ashok narrated above.
Assign points if this is useful.
Regards
Aravind

Default a terms of payment for residual item

Hi experts,
When customer making partial payments, we will create a residual item for the remaining balance. The terms of payment for the residual item is different from the original document / customer master and is always the same for all customers.
Q: How to default a terms of payment for the document with the residual item?
Thanks in advance.

HI Yuki,
Pls follow the folowing path for deafulting a payment term for a residual payment.
Financial Accounting (New)>Accounts Receivable and Accounts Payable>Business Transactions>-Incoming Invoices/Credit Memos->Open Item Clearing>Clearing Differences-->Define Tolerances for Customers/Vendors
or tcode OBA3
here double click on the tolerance group for ur company code.
Under >>specifications for posting residual items from payment difference>>> in Fixed payment term enter the payment term that u wish to assgin for a residual payment (Terms of payment key which is to be transferred to the line item when posting residual items)
Regards,
Kiran

Terms of payment-CMR

Hi All,
Why terms of payment field is given company code tab & sales area data tab in CMR ?
Why do give terms of payment differently ?
Regards
Rakesh

Hi,
The terms of payment field has been provided in company code data & sales area data is because they can have different entries in both places. The reason for having at both the places is -- it is the business transaction {if it is created and assigned to the sales document types} which will decide from where terms of payment has to be picked up.
I haven't come across the situation wherein CMR has different terms of payment at both the places, so I can't comment much on that.
Hope this will help.
Hrishi

Terms of payment 15 days -5% or 60 days net from invoice date

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