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Payment Terms: 50% advance, 50% after 30 days

Former Member
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Hi,

How to create a payment term for vendor?

Payment Term: 50% advance, 50% after 30 days

Regards,

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member633418
Contributor
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Hi,

you can create payment terms in MM also through path SPRO-MM-Purchasing-vendor master-define terms of payment. There you can give the name like P100 & description as 50 - 50 % and no of days in the percentage coloumn.hope it helps.

BijayKumarBarik
Active Contributor
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Hi,

User t.code: OME2 and create payment term ( 50% advance & 50% after 30days)

Regards,

Biju K

Former Member
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Hi Bijay,

Thanks for reply.

But in 'OME2' there is no provision for entering % for advance payment.

Regards,

BijayKumarBarik
Active Contributor
0 Kudos

Hi,

For example:

Create payment term: P001 & Explanations of payment term: 50% advance & 50% after 30days

& In details of payment term P001 in u201CPayment termu201D segment, you can enter your requirement.

Regards,

Biju K