Answer / karnmba

payment terms that apply to transactions with customers and
vendors. Enter the payment terms defined here in the master
records of customers and vendors. The payment term specified
here is proposed automatically when you create a master
record. You can then change this data for each customer or
vendor.The payment terms represent the typical agreements
you have with your customers and vendors. Therefore, you do
not have to define this information from scratch for each
customer and vendor.When a purchasing or sales document is
entered for a vendor or customer, SAP Business One
automatically copies the information on the payment period,
price list, and total discount in the document. This
information is used, to calculate the prices for the items,
the due date of an invoice, or the total discount allowed
etc.You can also change the payment term data manually in
the transaction itself if a special agreement was made for
that transaction. In addition, the information on the credit
limit is copied from the payment term to the customer master
record and then to the sales document, and can be used for a
credit check.

Answer / kent technologies

Payment terms will decide the Due date of payments or Instalment of payments which are configured in the T code OBB8/9.Auto matic payment programme (APP)basically calculated on the basis of Payment methods..

Answer / deepak

Payment are used to schedule the payment date for the vendor/customer. The longer the credit period the shorter will be the discount and vice-versa. Payment terms maintain in customer\vendor master record are populate automatically during document entry. Payment term can also be entered in line item. System make calculation as per the payment term entered in line item if payment available in both i.e. master record and line item.

Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply

0 Answers  

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What are the kinds of assets in sap? : fi- asset accounting

0 Answers  

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what are all the challenges you faced in project implementation as a sap fico Consultant? & what are all the challenges you faced in ticketings?

1 Answers   Accenture, NTT Data, Sona, TCS,

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Hi all, we are exporting data from SAP to excel file depending on company code , fiscal year , date range from tables bkpf and bseg for gl balance, bsid and bsad for customer , bsik and bsak for vendor it works fine. But i want to exclude the clearing doc entries from selection.As i added condition to exclude data with document type not 'AB' it won't work. Please suggest the way to exclude clearing doc. entries from SAP.

2 Answers  

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What is SAP standard organisation structure?

7 Answers   EDS, SAP Labs,

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Can you explain how do you carry forward account balances?

0 Answers  

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Hi i am MBA-Finance guy, was working with J P Morgan for one n half yrs, i have decided to move to SAP and so preparing for FICO on my own for the last one month.....dont know which are all the area i should cover before the interview...is it enough if i cover the basic configurations of GL,AP,AR and Asset Accounting or which are other areas?....hw for i should b through in the above mentioned areas...and also i dont want to waste time by preparing at home for a long time... how should i prepare....your advice is appreciable.

3 Answers  

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in payment terms what is the use of day light?in fsg 1 feild we can not control what is that feild.pls give the ans for this 2 questions

3 Answers   Satyam,

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What is field partitioning in co-pa? : co-pa

0 Answers  

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What do yo mean by document type control? What entries do you make in company code global settings?

0 Answers  

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while doing sap implementaion what is the role of a SAP FI consultant and how to make sure that the configuration is going well...?

2 Answers   Infosys,

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How many years we can open at a time in asset a/c?

4 Answers   Cap Gemini,

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