Terms of Payment

[Former Member]

Hai,

1. who will define the terms of payment as it is defined by both the FI(Customer master company code data and SD people in sales area data? Which one will it take in sales order?

2. What is the diff between VL10B and VL04

Regards,

Keyur. p

[Former Member · Accepted solution]

HI Siva,

rrangements made with a business partner governing financial settlement with respect to goods supplied and services performed.

Examples:

• Stipulation of down-payment (advance payment) requirement

• Cash on delivery

• Payment following delivery (e.g. clauses "immediate payment in cash", "on a cash basis", stipulation of a period for payment)

• Combined conditions, e.g. the clause "payable in 30 days net (without deduction) or within 10 days with 2% discount"

<b>***REWARD POINTS IF THIS IS USEFUL***</b>

Regards

AK

[Former Member · Accepted solution]

The terms of payment can be defined both in the Company Code data and also the sales data. However it picks up that Terms of Payments depending upon from where the invoice is created. If it is through the billing then it picks up the TOP from the Sales data of the customer master data otherwise it picks up from the Company code data of the Customer.

2. VL04 gives both the sales order and the purchase order work list where as the VL10B gives the list of PO's only.

Reward points if useful.

[rmazzali]

VL04 is deprecated.

Use VL10A,B;C;D;E;... instead. Each of them deliver orders/stock transfer orders at order, item, or schedule line level.

Also VL10* are more powerful in selection and screen customization.

pls. reward if helful

Roberto

[Former Member]

Hi Siva,

Terms of payment fall under SD & FI interface.Data that is maintained in the Customer master record is reviewed by both SD & FI consultants according to the client's requirement as there should not be any discrepancy between the FI and SD.

But as far as the sales order goes...............terms of payment in taken from Sales area data.

VL04 is a sales/purchase orders worklist - i.e. list of orders for which inbound/outbound delivery is due to be carried out.

VL10B - Activities due for shipping - list of purchase orders.

<b>Reward if helps</b>

Regards

Sai

[reazuddin_md]

Hi,

Payment terms can be defined by any either FI or SD,

as these payment terms used in AR(customers) n AP(vendors).

in sales order, Payment terms will take from the customer master data of the Payer has the priority.

VL10B is to list out the purchase orders only

where as VL04 is for both sales orders-purchase orders.

*Hope it hellps, Reward Points

[Former Member]

Hi,

<b>Reward if this helps.</b>

VL10B----

---

> Purchase Orders Due for Delivery

VL04 -

---

> Process Delivery Due List

Pleasle feel free to ask

regards

AK