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.

Error While creating Third Party order in VA01 :- HI am trying to create Third Party order in VA01 in my sand box with material ( BANS item category Group) getting error NOT POSSIBLE TO DETERIMINE A CONSUMPTION ACCOUNT in OBYC GBB i tried to do some setting in VAX , VBR with valuation class 0001 but dont know the exact GL Account . kindly help.

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We have 4 Co. Codes in India out of which one is Indian Head Office, 4 Co. Codes in US out of which one co. code is head office US and 5 Co. Codes in France and one out of which is head office there. Now, company wants that reports of India can be collectivily seen and maintaned and same with others. They also want the consolidated reports of all the three countries. How can I configure it plz?

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What documents result from procurement processes? : fi- accounts payable

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Hi How do u configure SLA in SAP.please explain in detail.the path of how 2 configure them in SAP

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What is asset accounting (fi-aa)? : fi- asset accounting

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Can we create Sub Groups in FI/CO Under Current Assets like salary advance, Advances for purchase of materials for staff if we can create how it is or is there other way to maintian sub groups

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How are input and output taxes taken care of in sap?

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1. I want to create an installment method payment term whereby my customer pays 50% as Advance Payment & 50% Net 45 days. How to configure the 50% advance payment term in OBB8 as system does not take negative days say -1 . I have created Z100 as 50% Advance Payment & 50% Net 45 days, Z101 as 50% Adv Pyt and Z102 as 50% Net 45 days in OBB8 and then assigned the same in OBB9 to Z100, 1, 50%, Z101 and Z100, 2, 50%, Z102. But the payment terms Z101 should be having -1 days instead of 0 days. How to configure this or achieve the payment term of advance payment? 2. My purpose is that during FB70, I should get a warning message that advance payment has not yet been received for this customer having this installment payment term Z100. It should not let me post the invoice unless 50% adv pyt has been received. At present we are not using Down Payment functionality. But I assume that without the Down Payment functionality the same cannot be achieved. Please confirm this. How can I achieve the above requirements? 3.Dear Group - Our Purchasing Dept has asked me to create a new payment term with the following terms: "Payable 90% upon delivery, 60 days net, 10% upon acceptance, 60 days net". So when we receive the invoice, we get a 10% discount off the total price, due within 60 days. The balance is due 60 days after that. Any ideas on how I would configure this using transaction OBB8. IT IS VERY URGENT FOR ME KINDLY SEND ME THE ANSWER ON MY E.ID-sahu.suryakanta@hotmail.com.

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What is Business process in sap contorlling

0 Answers   TCS,

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What do you mean by net postings? : fi- general ledger accounting

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How can you default certain items while creation of internal order master data?

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generally in BBP what kind of data we collected from the client relating to AP AND AR And others

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