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Payment term issue

Dear All,

I have maintain the payment term z001 for 20 days, but some time when posted the invoice system system cant pos the invoice and give the following error.

"For payment term Z001 the day limit 25 is not defined"

can any of my guru tell me the reason why system behave like this and proper solution.

Looking for the feedback.

Regards,

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3 Answers

  • Best Answer
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    Former Member
    Sep 08, 2011 at 06:49 AM

    Hi,

    Day limit field in payment term tells us that till that date (invoice creation date), payment term is valid. In your case payment term is valid for invoices created till 25th of the month.

    Your invoice would've been created after this date. Either you have to remove the daylimit setting in OBB8 for your payment term / create another entry for the same payment term with day limit as 31.

    Regards,

    P Gomatheeswaran.

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    Former Member
    Sep 07, 2011 at 08:44 PM

    Hi,

    pls search the forum 1st, if the solutions provided don't help only then post your question.

    check this link

    [Terms of Payment - Payment term Z007 the day limit 17 is not defined.;

    Regards

    Raghu.

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  • Sep 09, 2011 at 10:49 AM

    Issue resolved.

    Regards,

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