How to create new Payment Terms ?

[Former Member]

Hi, I'm required to create a new payment terms in SAP-SD..would you please help me to do so.

[Former Member · Accepted solution]

Hello,

You can create the NEW PAYMENT TERMS in the transacion code OBB8

Goto that transaction code OBB8 and click on new entries from where you will be driven to another screen in which you have to give the following details

Payment terms Key

Due date

Description

Account type

Default dates

Regards,

santosh

[Former Member]

Hi,

Go to IMG u2013 SD u2013 Master Data u2013 business partners u2013 customers u2013 billing document u2013 define terms of payment.

Click on the new entries and do the setting as per your requirement.

Save this setting and assign this payment terms in material master data or customer master data.

Or you can directly give payment terms in sales order manually.

Regards

Raj.

[Lakshmipathi]

Create in obb8

thanks

G. Lakshmipathi