Terms of Payment with Posting key 09

Question

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

Answer 1

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