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Afzar Ahamed

Split payment terms for Customers

Nov 08, 2017 at 09:45 AM | 103 Views | Last edit Nov 09, 2017 at 04:54 PM 2 rev.

Hello Experts,

Can we do Split in payment terms for customers

Senario

1.Aging - Split payment terms, aging should be reflective of the payment agreed:

Term 1 = 10% 10 days term,

Term 2 = 20% 30 days term,

Term, 3 = 70% 60 days terms.

as the full payment is not due say from 30 days from invoice date

Thanks & Regards,

Afzar.

SAP Business ByDesign
byd financials
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1 Answer

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    Harshal Vakil
    Nov 09, 2017 at 06:42 AM

    Hello Afzar,

    Payment terms is mainly used for the discount calculation.

    for example : if the payment is made in 10 days, 20% discount, 20 days 5% discount and net amount due after 30 days.

    as I understand you would like to split the payment for the transaction as agreed with the partner. To achieve this, you can split the open item (Within customer /supplier account monitor) and assign respective net due date based on the agreement to each split item.

    For example :

    Invoice of 1000 INR.

    You could split this open invoice as below

    100 INR -> Net due 10 days

    200 INR -> Net due 30 days

    700 INR -> net due 60 days

    Since the open item is split into three transactions, Aging list will also shows the amounts accordingly.

    Can you check this.


    I hope this information will help you.

    Regards,

    Harshal

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