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author's profile photo Former Member
Former Member

How you will maintain the discount in payment terms

Hi,

In payment terms, how you will maintain the discount.. example.. 15 days 1% discount, 7 days 2% discount.

Regards.

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    author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2009 at 07:25 AM

    Hi

    Maintain the payment terms in OME2.

    Copy the existing one and change accordingly.

    MIRO will be done for full payment only.

    The discount part will be taken care by finance based on the payment made by FI.

    Thanks

    Raman

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2009 at 07:28 AM

    You need to define payment terms in OBB8 , Try to copy the Payment term proximate to your requirement and modify as per your need..

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2009 at 07:24 AM

    hi,

    you can maintain this in payment term configuration via spro ->mm ->purchasing-- >vendormaster -->Define terms of payment.

    here you define the paymnet terms and assign it to the vendor whom do you want.

    Regards,

    velu

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2009 at 07:25 AM

    Hi

    In the below config you have to maintain the discounts and the no of days

    IMG => Materials Management => Purchasing => Vendor Master => Define Terms of Payment

    First enter the higher discount % for the lesser no days and then the lower discount % for higher no of days.

    Thanks

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 10, 2009 at 07:34 AM

    Dear,

    Go to payment terms

    Spro-Financial Accounting (New)-Accounts Receivable and Accounts Payable-Business Transactions-Incoming Invoices/Credit Memos-Maintain Terms of Payment

    example.. 15 days 1% discount

    Under Payment terms

    Now maintain percentage as 1 and days as 15

    Hope this helps.

    regards

    utsav

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