how can I indicate in a vendor a total amount invoice will be paid partiall

[Former Member]

Hello Friends,

I'd appreciate very much you could indicate me how can I indicate in a vendor a total amount invoice will be paid partially in 12 months. I mean that for example, we have an invoice for 12000 Eur and the payment should be made 1200 Eur every month during a year.

Thanks in advance for your help.

Kind regards,

[Former Member]

Hi Shantanu,

Installment Payment terms can be configured in OBB8 and OBB9 and that is the perfect solution to cater to this requirement.

BUT

What I understand from your question it looks like Prepaid Expenses scenario.. Also think of Recurring entry if you do not want to create a Vendor Invoice liability in one go..

Regards,

SAPFICO

[Former Member]

Dear Shantanu,

If you want to do that, you can attach installment payment term when you crate invoice.

While creating payment terms, specify 12 installments, so that invoice will be splitting into 12 and the payment will be made monthly.

I hope you clear with this doubt.

Thanks,

SravanK

[Former Member]

HI,

Create 12 payment terms with exact setting in transaction OBB8

Then create one installment payment term in transaction OBB8 and link to the first 12 payment terms in transaction OBB9

Regards,

Gaurav