cancel
Showing results for 
Search instead for 
Did you mean: 

Payment terms: Configuring multiple conditions

Former Member
0 Kudos

Gurus

I need your help in configuring payment terms. I have never done before and dont know how this works.

Below is my case. its quiet complicated as it has multiple rules. Please let me know how to configure this condition.

Due date

if invoice date is 1st-15th, 25th of following month

if invoice date is 16th-31st, 10th of 2nd following month

Discount Date

if invoice date is 1st-15th, 25th of current month

if invoice date is 16th-31st, 10th of following month

example:

invoice dt due dt 1% disc

9th Feb 25 Mar 25th Feb

16 apr 10 june 10 May

Your help is highly appreciated

Regards

Kavana

Accepted Solutions (1)

Accepted Solutions (1)

dominic_holdstock
Active Contributor
0 Kudos

Hi,

You use the field day limit to seperate the payment condition.You would then have:-

Day Limit = 15

Term 1 1% Disc Fixed Day = 25

Term 2 Fixed Day = 25 Add. Month 1

Day Limit 31

Term 1 1 % Disc Fixed Day = 10 Add. Month 1

Term 2 Fixed Day = 10 Add Month 2

Kind regards

Former Member
0 Kudos

Thanks dominic

i went to oBB8 tcode

i see only one day limit field. but i have 2 conditions( 15 and 31) . and how about the other fields in the tcode? wat all i should enter? Please explain me in breif. Thanks a lot.

Former Member
0 Kudos

Dear Kavana,

As Domianic said,you have to create a single payment term (eg.Z001) and assign days limit as 15 & 31 for the same payment term

We will explain you. how to do it...

First create

Payemnt Term : Z001

Day Limit = 15

Term 1 1% Disc Fixed Day = 25

Term 2 Fixed Day = 25 Add. Month 1

Then once again go for new entry and provide the details as

Payment Terms :Z001

Day Limit 31

Term 1 1 % Disc Fixed Day = 10 Add. Month 1

Term 2 Fixed Day = 10 Add Month 2

This is possible in SAP ,as we have created 4 interval for same payment terms.

Do revert for any calrification.

Kind regards

Former Member
0 Kudos

Thanks guys,

i didnt know we can create same payment term with different conditions.

i did the way you both suggested. Please let me know how to test it.

0 Kudos

Hi,

You need to post the different Invoices to the vendors, also make sure that you have maintained the payment terms in the Vendor master data which you have already created.

Take 3 vendors for each scenario.

Aslo you have a option to enter the terms of payemnt while posting an Invoice.

Let me know if you need any help.

Buddha

Former Member
0 Kudos

Thanks guys its worked!!! sorry fro late response.. thanks again..

Answers (0)