Terms of Payment Not Flowing in P.O from Vendor

[Former Member]

Hi Experts,

My client has different Terms of Payment for different Vendors, and those required Terms of payment has been created.

And when i am Creating a vendor from Vendor Master and maintaing the terms of Payment in Vendor master and raising a P.O the assigned Terms of Payment in Vendor Master is not picking in P.O automatically. Could any one suggest any settings are required to pick or flow the maintained terms of payment from Vendor master to Purchase Order ?

Please advice your Valuable inputs.

Best Regards

Javeed

Please suggest your Valuable input on this.

Best Regards

Javeed

[former_member212745 · Accepted solution]

Hi,

1] You can create PIR for that vendor and maintain the required payment term.

This payment term will automatically picked up in PO because highest priority is always given to PIR

2] You can also maintain the payment term in personnel settings

3] Also you can maintain payment term for a particular vendor plantwise. in short if you are raising a PO for a particular vendor from plant say XXX, that payment term for that plant will be automatically picked up in the po. Following is the procedure for the same

Display vendor

Go to PURCHASING DATA

EXTRAS

ADD PURCHASING DATA

TICK DATA RELEVANT AT PLANT LEVEL ALLOWED

ENTER

EXTRAS

ALTERNATIVE DATA

CREATE

ENTER PLANT

TICK PURCHASING DATA

ENTER

NOW YOU CAN SEE PLANT BELOW PURCHASING ORG. VG00

NOW CHANGE PAYMENT TERM.

Amol

[Former Member · Accepted solution]

Hi Jurgen Master, & Amol S

Thanks a lot for the Inputs, Amol Can u brief me the inserts.

1] You can create PIR for that vendor and maintain the required payment term.

This payment term will automatically picked up in PO because highest priority is always given to PIR

WHAT IS PIR Means ?

2] You can also maintain the payment term in personnel settings

Could You brief me how to maintain Payment term in Personel Settings

Best Regards

Javeed

[former_member212745 · Accepted solution]

Hi,

PIR means Purchase info record.

pl. see personnel setting tab in me21n screen

[Former Member · Accepted solution]

Hi AMOL MASTER, & JURGEN MASTER,

Thanks a Lot, It has helped me to get the required Solution.

Best Regards.

Javeed

[Former Member]

Dear Javeed,

i think you maintained payment terms is you maintained only in tab called payment transaction accounting but this is purely related to accounting purpose.

so you need to maintaine last tab of vendor master mean purchasing data tab this data is realted to vendor master and it comes under PO header.

Hope this may helps you

Prem.

[JL23]

Vendor master has 2 places for payment term, where did you enter?

Make sure it is entered in the purchasing organisation view.

The payment term in vendor master can be overwritten from payment term entered in pricing conditions.