Terms of payment with odd days

I need to set up a new payment method that Due on 2nd working day after 45 days from baseline date .
I try to first config "Due on 2nd working day after 30 days from baseline date ."
in payment term tab.
Term1. I define no.of days as 2. additional months: 1, but I can't save it.it shows error:
No set day has been specified for condition 1
Message no. FC117
how to solve this? I find I can't input 1.5 month in additional months field. any solution? thanks

No. I already mentioned that 2nd working day, it is not fixed day. if you use fixed day, if the second day is Saturday. you fail my basic requirement.
my second requirement is after 45 days.
anyway, thank you for reply

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Terms of Payment with Working days

Hi SAP GURUs,
I am new to SAP ISU...I need to create a terms of Payment where a payment will be made in say 15 working days and not in 15 calender days.
Require your help on the same
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Financial Accounting (New)->Contract Accounts Receivable and Payable->Basic Functions->Postings and Documents->Maintain Payment Termsu2026Double click on the payment terms...
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Payment terms in OBB8 with 50 days with two day of payment.

Hi Experts,
We need some helpu2026. We have to create a payment terms in OBB8 with 50 days with two day of payment, day 05 and 20.
Requisites:
If the bill expire date is between the days 01 and 15 from month X, the pay is realized the day 05 from month X.
If the bill expire date is between the days 16 and 31 from month X, the pay is realized the day 20 from month X.
Any idea
Best Regards,
Driss,

Hello Driss
In the payment terms , where you define cash discounts .
You can configure the requirement you specified .
Maintain as follows :
Term ,    Percentage     ,        No.of days      ,     Fixed date   ,   Additional month
1         ,       0.00%            ,        15              ,            05           ,           0
2         ,       0.00%            ,       31                 ,         20             ,         0
I think this should work fine
Let me know if this is ok
Ravindra Kumar

Terms of payment- 2 additional days are considered for giving discount

Hi All,
I am facing a problem with Terms of payment.
I have configured a new terms of payment as "34 days -2% and 35 days net due".
Surprisingly it is giving discount even if i pay on 35 and 36th day also. In OBB8, i have taken Document date as default date for calculating days and i have not given any additional days.
This is text displayed at OBB8 "Within 34 days 2 % cash discount Within 35 days Due net".
Eg: I post doc on 01.04.09 and bline date is 06.05.09.
Even when i pay this on 06.05.09 or 07.05.09, it is giving 2% discount.
Please let me know why system is considering 2 additional days. This problem is there even in other payment terms also.
Ours is a US based project.
Regards,
Rajanikanth.

Hi Rajini,
In your case, system allows due date + 2 days for grace days. Therefore the actual due date in your case is 05.05.2009 + 2 days = 07.05.2009. System will not calculate cash discount @2% on or after 08.05.2009.
I think you are maintainin "Tolerance Group for Customers/Vendors.
Please go to Transaction Code: OBA3. In OBA3, there is a field for "Grace days due date". I think you have given 2 days as grace days there. You have to remove grace days there and try it. Now system will not give 2 days as grace days while calculating cash discount.
Hope this helps you.
Regards,
Kannusamy S

Terms of Payment with Posting key 09

Hi,
My client is a construction company which undertakes customer projects. Scenarios of retention amounts are very common in construction industry. We have a scenario where in at the time of sales invoiceing the amount of the invoice gets divided in three parts;
1. Billing amount to customer
2. Retention amount 1 (Due after 1 year from invoice date)
3. Retention amount 2 (Due after 3 years from invoice date)
We are using payment term to split these amounts. Client want the retention amount to get debited to a customer special GL. The accounting entry will be-
01 - Customer Dr - 8000
09R-Customer Dr - 1000
09R-Customer Dr - 1000
Revenue Cr - 10,000
The issue is, payment term is not getting populated with posting key 09. I tried changing the field status for both posting key as well as for GL field status.
Requesat to please let me know how the payment term can be displyed with posting key 09.
Thanks & Regards,
Ajay Gupte

Dear Ajay,
To make the field You need ready for input for posting
with special G/L indicator, the following Customizing setting is
necessary:
Financial Accounting -> Accounts Receivable and Accounts Payable ->
Business Transactions -> Outgoing Payments -> Automatic Outgoing Payment
-> Payment Method/Bank Selection -> Configure payment program -> All
company codes -> double-click on corresponding company code -> under
Vendor -> 'Sp. G/L transactions to be paid' you should enter the special
G/L indicator A,B,C, etc.
As explained in note 4683, the only standard possibility to get the
field payment terms on creating a posting with a special G/L indicator
is by setting in the payment program configuration (trans. FBKP) for
'All company codes' for customers/vendors 'Sp. G/L transaction to be
paid'.
Mauri

Payment term thread continuation with that

Thank you all.for your reply to previous thread of mine.
So in relation to above my requirement is that Cash discount is based on payment term and differs from material to material.
Suppose i maintain a cash discount of 1% for material x and the payment term is payment in 7 days then this 1% should be active on the receipt of payment from the customer within 7 days only otherwise the cash discount does not apply.
Please guide .as no percentage is maintained in payment term because it will be applicable for all the material for that particular customer.

Suppose you have payment term
0003 :
Within 14 days 3 % cash discount
Within 20 days 2 % cash discount
Within 30 days Due net
If you use the condition type SKTO, the payment terms will be activated in the billing document and when the customer makes a payment if the payment date is within 14 days 3% gets activated automatically, within 20 days then 2% and from 20-30 days no cash discount.
Regards
AK
Hope I was able to explain properly

Terms of payment in MM

Hi:
Our client has two types of terms agreed with their vendors, only one of this term is applied on PO creation in MM. One is for Day based payment terms like payment after 30 days etc, other payment term may be 50 % advance 20 % on delivery (GRN) and remaining to b settled after invoice verification. For payment term like 30 days net, 60 days etc i-e day based payment terms it is right to have them created in OBB8 and assign them to vendor master,PO or invoice but what about the terms like 50 % advance , 50 % after invoice etc. I do not want them to create in OBB8 , is there any way in MM to cater this.
Thanks
subject was edited by: Jürgen L

there is only one customizing transaction to create payment terms, no matter if they are used for customers, vendors or both (this is just a flag)
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MM does not have anything independent. Of course something can be entered as text. but this cannot be used to control anything

Change term of payments in Documents

Hi
Can the terms of payment be changed to the documents which are already posted.
Say i posted documents with 30 days grace, now i changed the terms of payment to 20 days. But the changes did not effect documents already posted. Is there any why by which i can change those documents to 20 days grace
Regards
KM Naidu

no i dont think u can change the paymentterms in posted document
if u have posted GR and iv is not done then u can change payment terms in IV
but not in posted IV
reward if usefull

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.
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Aravind

Payment term key with limit days in Extended Classic Scenario

Hello,
We have an SRM 4.0 implementation (SRM Server 5.0 with Support Package
9) using the Extended Classic Scenario.
When a shopping cart is created, it must be approved, and then a
purchase order is generated (first locally at SRM, and then is
replicated to the backend).
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ZTERM) of the backend purchase order is empty, only in cases when we use a payment term key which have several different values for the
field "limit days" (T052-ZTAGG in backend, BBP_PAYTERM-ZTAGG in SRM).
Example:
     ZTERM     ZTAGG
      K180           09
      K180           19
      K180           31
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days" (one single entry), the payment term key arrives correctly at the backend purchase order.
Example:
     ZTERM     ZTAGG
      E000           00
In SRM table BBP_PAYTERM we have upload the backend payment terms
(using report BBP_UPLOAD_PAYMENT_TERMS). In other threads it is said that you must copy the entries generated by the report with the logical system of the SRM system, but in extended classic scenario it seems to be not necessary.
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Regards

hi,
Pls see the foll notes:
Note 576349 - Terms of payment in the ECS
Note 541934 - Modification note: Copying base date from T052
Note 953999 - ECS: Terms of Payment values not in PO header
<b>Note 940453 - Backend payment term data not updated in the extended PO
Note 945018 - Incoterms data not transferred to the back end</b>
BR,
Disha.
Pls reward points for useful answers.

Multiple payment term with different day limit

We have three payment terms with multiple day limit. for example: ED11 (day limit 10), ED11 (25 day limit) and ED11 (32 days).
User enter just ED11 but i dont understand how system understand which out of the three is the require payment term.
Users feel that due date calculated is wrong. In most case it calculate the due date exactly based on the days mentioned in the payment term. In all cases, days mentioned are 90 days.
In one case, due date if it is (just 90 days) 30/04 but user feels it should be 10th May in the following (obviously he is reffering to ED11 daylimit 10). In this case, SAP calculate 90 days. Is it because of too many payment terms which same name.
Best,
Bala

Hi,
Please go and check the following path.If teh user wants no. of days as 10, then it should be maintained as 10 in the no. of days field in Payment terms. I think in your case it may be maintained as 90.
IMG->Finacial Accounting->General Ledger Accounting->Accounts Receivable and accounts Payable->Business Transactions->Outgoing Invoices/Credit memos->Maintain Terms of Payment->Check No. of days in Payment terms.
Assign points if u consider this to be useful.
Thanks,
Prithwiraj

Payment term with fixed day but exclude weekends and holidays

Hello,
our customer has a requirement to have payment term that is like this:
Due date: fixed day 15th next month.
If due date falls in weekend or holiday due date will move to next business (working) day.
We have working payment term which is always the 15th on next month but it falls to weekends.
I was searching SDN found something but not working.
Could you please send me a step-by-step configuration how to exclude the weekends and holidays?
Thank you a lot.
Best regards,
Lubos

Dear Lubos,
unfortunately waht You need to have It is impossible into the SAP Standard System.
Please be aware that the vendor invoice has two relevant dates:
Baseline date   > INVFO-ZFBDT
Due on   > INVFO-NETDF
The Baseline date is managed by the "Term of payment", transaction obb8, frame
"Baseline date calculation" where You can put for example :
Fixed day            30
Additional months     3
This means that if You put as Document date 01.01.2009, the baseline date
will be 30.04.2009 (fixed day 30, additional months 3).
The "Due on" date will start ALWAYS from "the Baseline date"
(that in my example is 30.04.2009) and according to the below
"Term of payment" , the System will add
31 days, so the Due on date will be 31.05.2009.
Term      Percentage   No. of days / Fixed date Additional months
1.               %      31
2.               %
3.
You could think to use the FI substitution to reach Your goal.
Mauri

Terms of payment - More lines in Terms, %of Discount & No. of Days

I am facing the problem of defining more than 3 cash Discount rates while defining Terms of payment in OBB8,
the requirement is 90 days credit with following discount rates:
Days                %of Discount
0-5                    6
6-20                  5
21-35                4
36-50                3
51-65                2
66-80                1
net 81 days
Is there any standard settings to be done for this, or any work around can be done
Immediate help will be appreciated.
thanks
Rakesh
Rakesh

Hi Rakesh,
this is only a suggestion not a solution which I am specifying. I could have tried on my own but today I dont have access to SAP.
Check whether we can devide one terms of payment(TOP) in to three TOPs by using day limit field
When you create a TOP, say RAK, in the day limit field provide 10,20,30 like this and try
Regards
Prastiksha

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

How to Create payment term for -Net Due 1st Day of Second Month Following

Hi,
We need to add a payment term for "Net Due 1st Day of Second Month Following Delivery". We need this to be in the system as soon as possible as we just were told of a change in terms for our client effective May 1st.
Kindly advice me how to select the dates in OBB8?
Thanks
Supriya

Hi Supriya,
In OBB8, create a new payment term with the following settings -
Default for baseline date = No default
Payment terms/Term 1/Fixed date = 1
Payment terms/Term 1/Additional months = 2
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Hope this helps.
Regards,
Mike

Terms of payment with odd days

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