payment terms at MIRO

[Former Member]

Hi SAP,

We are using payment terms of 1.5% if paid withing 14 days. The discount value showes in conditions on PO. The question I have is- what value is the MIRO created for?

PO value 100000; so the 2% discount is 1.5%.

The MIRO amount is 100000 (before discount) how is the discount of 1.5% taken?

Need help,Do I need to make any config entries?

Rgds,

Karan

[Former Member · Accepted solution]

Hi John,

Note: Please Re-read the contents before posting your query in SDN Community to avoid confusion in ours mind.

Any find your query sol.

This function uses the document type to control how cash discount is to be cleared.

The standard system contains two document types:

Gross Posting (RE)

The cash discount amount is not taken into consideration when the invoice is entered.

Only when payment is made, is the cash discount amount posted to a revenue account.

Net Posting (RN)

The cash discount amount is credited directly to the account that the costs are posted to when you enter the invoice.the system automatically deduct cash discounts from vendor invoices that are posted with this document type.

The following settings are made in Customizing for Logistics Invoice Verification:

Invoice Verification-> Logistics Invoice Verification-> Incoming Invoice-> Number Assignment-> Maintain Number Assignment for Accounting Documents---> (OMR4)Document Type

look at the following option in OMR4 screen;

a. Which document types exist.

b. Whether an invoice is posted net or gross.

c. Which document type is proposed in Logistics Invoice Verification.

Hope this piece of info. will help to resolve your issue.

Cheers,

Manoj