Interested to Buy Any Domain ? << Click Here >> for more details...
what is payment terms. what is the diff. b/w terms of payment
and payment terms
- 3 Answers
- 8707 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / lakshmi.r
A payment terms is a key to define the terms of payment for the vendor or customer as per the terms agreed between them to make the payment.
Eg: If payment done in 10 days 5% discount will be given on due amount like so on. Its a term which defines the due date for the payment also.
The difference b/w those two is Terms of payment we define for customers and payment terms is for vendors both we need to attach to master records to identify the due date.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
While posting transaction, can we give cost centre / production order at time?
what do you mean by automatic a/c determination?
Name some settlement receivers for co internal orders?
Explain asset accounting? : fi- asset accounting
How do you control field status of gl master records and from where do you control? : fi- general ledger
What is the co module for?
Hello everyone, I need some help. I completed my SAP Fico course and appeared for an interview in IBM under the payroll of WDC- vendor of IBM. Fortunately I have selected for IBM Projects under the payroll of wdc. But worst thing start from there, for 1 month I'm just waiting for a project to allocate for me, but unfortunately no projects have been allocated and after 1 month wdc has released me. Now I fall in a big trouble, i'm not understanding anything what i should i do now? Again I have to start for searching job in sap field and i'm not getting that. So, can anybody help me out and plz. give the information is there any place mainly in kolkata or any information about the other vendors companies or consultancies who are recruiting candidates for MNC companies, is there any requirement going on for sap fico module in kolkata. I have shown just 1 years of exp. in Sap. So, plz. help me out if any one can, i'm in a big trouble. You can mail me also for the information- addie_84@rediffmail.com. Thanks in advance.
What are exchange rate "factors" ?
How can I copy a standard table to make my own?
What is the relevance of defining chart of account?
What is profitability analysis (co-pa)? : co- general controlling
what is the use of primary cost component split in PC? How would you calculate the overheads per qty without using costing sheet?
What is the structure of resource master data type? : cost center accounting
What is High value sale?
Hello Friend, I wanna to do job in SAP as a FI Consultant.I wanna to knw What is the important question for FI. consultant. Employer 'll ask me? get back to me soon bye
