Payment term based on Period

[Former Member]

We are creating schedule agreement for vendor with Rate and Term of Payment.

I have got requirement from the client that they want to change the Term of Payment at vendor master but the system should function in below manner.

Say we have created the Agreement on 01.08.2011 and the same time the Terms of Payment at Vendor master was 0001, i have partial receipt agaist the said order. further user has modified the payment term to 0002 at vendor master as on 16.08.2011 and received the balance material.

Currently while MIRO system is considering the payment term 0001 for both receipt as the same was at the time of creation of order but i want that the system should pick 0001 for 1st receipt and 0002 for second receipt.

Please advice

[Former Member]

hi,

1. There is nothing period based Payment term.You can go to transaction code "OBB8". you will find the details of configuration regarding Payment term.

2. Payment terms maintained at Vendor master and while doing transaction ( SA/P.O ) system will propose the Payment term, on creation of P.O/S.A, system automatically don't change the payment term.

On confirmation from vendor you need to change it in P.O and then proceed for creating MIRO.

If version Management is active upon changing Payment term in P.O , may need to complete the version also.

or else change directly at MIRO under Payment tab.

Thanks & Regards

Sudhansu

[JL23]

a change of payment terms in vendor master does not effect any existing document.

you would need to change the schedule agreement.

when you do such - which is pretty uncommon that the payment terms get change while you have a long term agreement. Agreements are usually made to have stabil conditions long term - then you should post the invoice for the 1st receipt with old payment terms, then change the document, and then you can receive the second invoice with the new payment terms.