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What is short term > debtors & Creditors ??
What is Long term > debtors & Creditors ??

Answers were Sorted based on User's Feedback



What is short term > debtors & Creditors ?? What is Long term > debtors & Creditors ?..

Answer / parandham

Short term:<365 days from the invoice date
Long term:> 365 days from the invoice date
As per the customer confirmation we have to move respective
invoice to short term/long term.

In SAP: Short term/long term we have to creat one spl GL
Indicator which is determine short term/long term.

for example for long terms O is the spl GL N for long term.

Is This Answer Correct ?    2 Yes 2 No

What is short term > debtors & Creditors ?? What is Long term > debtors & Creditors ?..

Answer / farooq baig

1. Short term debtors means the persons buys goods for credit on short term say fortnight or 1 month. Creditors vice versa.

2. Long term debtors means the manufacturers/Persons buys goods for crdit for long term say above 1 month to 6 months. Creditors vice versa.

Is This Answer Correct ?    2 Yes 10 No

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