Hi Mohd,
This can be done using two tcodes which are OBB8 and OBB9.
IMG->Financial Accounting---> Accounts Receivable and Accounts Payable---> Business Transactions----> Outgoing Invoices/Credit Memos----> Maintain Terms of Payment (Tcode: OBB8)
And :
IMG->Financial Accounting---> Accounts Receivable and Accounts Payable---> Business Transactions----> Outgoing Invoices/Credit Memos----> Define Terms of Payment for Installment Payments (Tcode: OBB9)
In OBB9 you can actually linked you main term of payment to installment payment term. Suppose your term of Payment is R01 (ret. payment terms 3 part. amnt) so you have to link this R01 to other three payment term suppose which are ZR1 (1st installment R01 (15 days)) ZR2 (2nd installment R01 (30 days)) and ZR3 (3rd installment R01 (45 days).here it will look like
Term of Payment Installment Percentage Payment Term
R01 1 40 ZR1
R01 2 30 ZR2
R01 3 30 ZR3
Note that in OBB8 for the payment term R01,you have select the option of "instlament payment".
Kind Regards,
Fernando Antonio Almeida Filho
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