payment terms on vendor master

[Former Member]

Hi experts,

in vendor master we maintain payment terms at accounting view and purchasing view,

both are mandatory to set or only one at accounting view is mandatory?

is it possible to change payment terms at purchasing view apart from payment terms set in accounting view ?

if we set at accounting view only is it available for all purchase orgs ?

if we give it in both which one is prioratised ?

please clarify in this asap,

will reward points

Thnaks & regards

[Former Member]

Hi Lakshmi

Accounting data is maintained for a company code.

Purchasing data is maintained for a purchase org.

Payment term in Accounting data can be different from Purchasing data.

If you try to create purchase order the payment term from purchasing data will be copied to your PO.

But if you try to post a vendor invoice using FB60, then the payment term from accounting data will be copied to your invoice.

Regards

Rajesh

Do reward if useful...

[JL23]

There are many invoices coming into a company for which you will never create purchase orders. Such as from customs, from the electrical supplier, from a restaurant for a business dinner.. For such vendors you do not need purchasing views, hence it is necessary to have a field for payment terms at company code level. You will post invoices with FI transactions.

It is possible to create POs long before company code data is needed in a vendor master. For a PO you need payment terms, payment terms will only default from purchasing org data to the PO.

You post your invoice using the invoice verfication transaction of MM: e.g. MIRO in reference to the PO.

Usually you would have the same payment term at comapny code and purchasing org level for one vendor, as the vendor will not necessarily know if you have SAP and if you order with or without PO.