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Former Member

Penalty charges to Customer

Dear Gurus,

I want to configure new payment term where if customer dont pay within 30 days we want to charge 3 % penelty and if customer dont pay within 60 days we want to charge 5% penalty.

How can I configure such payment term in SD?

I had check in payment term details where the fields available are for discount..but not for penalty...

Can anyone please guide....

regards,

shyam

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2 Answers

  • Best Answer
    Feb 11, 2010 at 02:36 PM

    You can go with TCode FINT.

    Check this thread

    [Difference between FINT and F.24 for interest calculation |difference-between-fint-and-f24-for-interest-calcu]

    You can also have a look at note

    a) 912714 and

    b) 1164996

    though many notes are there on interest calculation.

    thanks

    G. Lakshmipathi

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    Former Member
    Feb 12, 2010 at 06:19 AM

    Thank you very much.

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