Payment Term Requirement

[Former Member]

Dear Friends,

From our client we have received new requirement in the Payment Term.

How to maintain Payment Term in SAP for multiple day wise discounts?

It means for an instance Payment Term would be 90 days net and for each day of period payment there will be applicable of different % rate discount.

Kindly suggest me whether this can be possible to set.

Thanks and Regards,

M.Mohan.

[thomas_vanaken2]

Hello,

In standard, you can defined two discount rates and date and a due date, no more (i.e. for example: 30 days 5%, 60 days 2% and 90 days net)

Don't think there are a lot of alternative

Regards

Th.

[Former Member]

Dear Thomas,

I know there are 2 discount rates / days can be enter.

But in our case there will be 10 more days discount rates are there.

Suggest how to achieve.

Regards,

M.Mohan.

[thomas_vanaken2]

Hello again,

The only option I can think of is using installment payment terms. I never tested this extreme scenario but in theory you can divide your total invoice amounts in up to 100 parts of 1%, each linked to a different payment term with specific cash discount and due date.

A knowledge document has recently been written on installment payment terms configuration on this very forum:

Regards

Th.