Skip to Content
avatar image
Former Member

terms of payment

where do we maintain terms of payment like the following, who will do this

X% advance and balance at the time of delivery

X% advance and balance with DO from Bank and balance amount

Payment after 60 days

Payment against bill discounting from bank

thanks

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

5 Answers

  • avatar image
    Former Member
    Jan 23, 2008 at 09:21 AM

    It is in SPRO

    SPRO---SDMASTERDATABUSINESS PARTNERSCUSTOMERSBILLING DOUCMENT--DEFINE TERMS OF PAYMENT

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Jan 23, 2008 at 09:23 AM

    SPRO> Master Data> Customers--> Billing Document -->Define Terms of Payment.

    The SD consultant in consultation with FI will do.

    Kind Regards

    Chakradhar

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Jan 23, 2008 at 09:25 AM

    Hi Rajan,

    Menu path to define Terms of payment is

    IMG --> Sales and distribution --> Master data --> Business partners --> Customers --> Billing document --> Define Terms Of Payment.

    I hope it will help you

    Regards,

    Murali.

    Add comment
    10|10000 characters needed characters exceeded

    • Former Member Former Member

      Rajan,

      Based on the Terma Of Payments only the customer will pay the amount to the company or the company will collect the sales amount from the customer.

      10% advance means if the customer want to buy a product he needs to pay 10% of the product price in advance.

      Ex:-

      Within 14 days 4 % cash disc :- this means if the customer pays the amount with in 14 days he will get 4% cash discount

      I hope it will clear

      Regards,

      Murali.

  • Jan 23, 2008 at 09:30 AM

    Dear varada rajan

    You have to maintain Terms of Payment in OBB8.

    Thanks

    G. Lakshmipathi

    Add comment
    10|10000 characters needed characters exceeded

  • avatar image
    Former Member
    Jan 23, 2008 at 09:33 AM

    Hi

    Try with T code OBB8

    Add comment
    10|10000 characters needed characters exceeded