create new payment terms with multiple breakdown of payment

[Former Member]

Hi Gurus,

I'm creating new payment terms like this:50% Down Payment; 20% upon delivery; 20% completion & installation; 10% retention

How can I create this kind of payment terms?

Hoping to your suggest

Thanks,

Marina

[Former Member]

Hi,

Goto spro>F.Acctg>ARAP>Business trans>Incoming/CM>Maintain Terms of payment

pherasath

[Former Member]

HI

Use OBB9 to create installment payment terms,

Use OBB8 to create the payments

Assign the repective installement payment terms to the primary payment terms at OBB8

regards

Prasanna

[Former Member]

Hi Gurus,

Thanks to all of you for the informative answer..

Thanks,

Marina

[Former Member]

go to spro>MM>purchaing > vendor master > define terms of payment or use t code:OBB8

[Former Member]

Please check this answered link: