Payment Terms

[Former Member]

Hi All,

Can any one explain the configuration need to be done for the below cases with due date -

We want to pay twice a month ie., on 15th and 30/31st of every month.

The Average Days must be 53 to 67 days.

1. From date 9th of the month to 23rd date system should propose the net due date on 15th of 60 days average month..

Ex- if the Invoice date is 09.Aug 2010 the net due date should be 15th of October 2010.

2. From date 24th to 08th of every month, system should propose the net due date on 30/31st of 60 days avg month.

EX - if the invocie date is 02 Sept 2010 then the net due date should be 31st October 2010.

I have given some more example below, Please help me out to come out of this -

how to do the configuration for this.

1-Sep-10 31-Oct-10 60 31-Oct-10 60

2-Sep-10 31-Oct-10 59 31-Oct-10 59

3-Sep-10 31-Oct-10 58 31-Oct-10 58

4-Sep-10 31-Oct-10 57 31-Oct-10 57

5-Sep-10 31-Oct-10 56 31-Oct-10 56

6-Sep-10 31-Oct-10 55 31-Oct-10 55

7-Sep-10 31-Oct-10 54 31-Oct-10 54

8-Sep-10 31-Oct-10 53 31-Oct-10 53

9-Sep-10 31-Oct-10 52 15-Nov-10 67

10-Sep-10 31-Oct-10 51 15-Nov-10 66

11-Sep-10 31-Oct-10 50 15-Nov-10 65

12-Sep-10 31-Oct-10 49 15-Nov-10 64

13-Sep-10 31-Oct-10 48 15-Nov-10 63

14-Sep-10 31-Oct-10 47 15-Nov-10 62

15-Sep-10 31-Oct-10 46 15-Nov-10 61

16-Sep-10 30-Nov-10 75 15-Nov-10 60

17-Sep-10 30-Nov-10 74 15-Nov-10 59

18-Sep-10 30-Nov-10 73 15-Nov-10 58

19-Sep-10 30-Nov-10 72 15-Nov-10 57

20-Sep-10 30-Nov-10 71 15-Nov-10 56

21-Sep-10 30-Nov-10 70 15-Nov-10 55

22-Sep-10 30-Nov-10 69 15-Nov-10 54

23-Sep-10 30-Nov-10 68 15-Nov-10 53

24-Sep-10 30-Nov-10 67 30-Nov-10 67

25-Sep-10 30-Nov-10 66 30-Nov-10 66

26-Sep-10 30-Nov-10 65 30-Nov-10 65

27-Sep-10 30-Nov-10 64 30-Nov-10 64

28-Sep-10 30-Nov-10 63 30-Nov-10 63

29-Sep-10 30-Nov-10 62 30-Nov-10 62

30-Sep-10 30-Nov-10 61 30-Nov-10 61

Regards,

Nagaraj S

[Former Member]

Thanks:)

[Former Member]

Not Got this from Forum, I have done this by own.

Thanks:)

[Former Member]

Please can anyone reply for this.

Thanks,

Regards,

[former_member581212]

hi,

Better you create your own payment terms and choose it as per doc you make based on the date...system will not take directly....

Regards

Priyanka.P

[Former Member]

Hi Priyanka,

Thanks for your reply.

What are the parameters we have consider here to create new payment terms.Give some hint.

What do you meant by system will not take directly.

Can you elaborate on above 2 pnts.

Thanks once again.

Regards,

[former_member581212]

hi,

You can create new payment terms from OBB8 tcode...

make the payments terms as per your req...ie. date on which you wanna pay based on the invoice date...

and then once you define it..

You can make its entry while you create your IR doc...

Regards

Priyanka.P

[Former Member]

Thanks for your reply.

I have created a new payment terms with day limit 15 and 31 days limit.

Also i have made the fixed day as "8" and "23" but system is throwing on 08 and 24 th of the month.

How to fix this,See my requirement is 53 to 67 days but the due date must be 15 th and 30/31 st of the month.

Please let me know what i have to put in Fixed Day to get the the due date 15 th and 30/31 st based on avg 60 days limit.

Here we require that the 15 invoice days are 24 th date to 08 th date and 09 th date to 23rd of the month -Invoicing date,

Please can you describe the configuration steps for the above requirement.

Regards,