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Installment Terms of payment

Former Member
0 Kudos

Dear all,

Do you know I can post an early payment discount with Installment terms of payment? When I use the Installment terms of payment the system tells me that a Net procedure Doc type is not accepted. If I use a Gross procedure document type, can I post an early peyment discount with this terms of payment?

thank you,

Desi

Accepted Solutions (1)

Accepted Solutions (1)

thomas_vanaken2
Active Participant
0 Kudos

Hi Desi,

Cash discount for early payment is perfectly compatible with installment payment terms. Just define the individual payment terms accordingly.

Horewer and even if I never tried this scenario, I can imagine that installment payment terms are not compatible with net document types: the concept of net document types is that expense or capitalization amount are posted minus the cash discount (assuming the company will take the maximum discount offered with the vendor, the system posting the expected discount to a specific waiting account); with installment payment terms you have as many potential discounts as you have installments in your installment payment terms making the whole calculation and posting scheme complex so I understand SAP as not foreseen it.

Regards

Th.

Answers (1)

Answers (1)

Former Member
0 Kudos

Hello Desi,

Just as additional information please check our WIKI:

Installment Payment Terms - Customizing - ERP Financials - SCN Wiki

Kind Regards,

Raquel