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author's profile photo Former Member
Former Member

Payment term in contract

Hi

In my company, we set up 2 purchasing organizations (called A and B) to be responsible for different plant. Purchasing organization A is maintained as the reference purchasing organization for the purchasing organization B and both can issue release orders against same contract since all conditions offered by supplier is the same such as payment term. However, if payment term offered by supplier to each purchasing organization (plant) is different, how can we overcome this issue? We do not want to change payment term manually at PO or separate contract for each purchasing organization.

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    author's profile photo Former Member
    Former Member
    Posted on Oct 30, 2010 at 04:05 AM

    Hello

    Payment term is PO header field. We can have different plants at PO line item level. Purchase data for the vendor master record will be maintianed at Purchasing organization level. we can maintain defferent Payment terms at purchasing data for diff pur organizations.

    But when we referring to Contract, the Payment terms default it will be from contrct only. We need change it manually at PO level.

    warm regards

    Ramakrishna.

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    • Former Member

      Hi,

      As payment term for vendor can is created ref. to Purchasing organization, when same purchasing organization is releasing orders payment term will be proper, in your case you have to change it manually.

      regards,

      zafar

  • author's profile photo Former Member
    Former Member
    Posted on Oct 30, 2010 at 02:38 AM

    Don't maintain the payment terms only in ur contract. Maintain the Payment terms in PIR specific to plant that will be helpful to achieve your requirement.

    Regards,

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