4 Replies Latest reply: Mar 7, 2012 5:15 PM by praveen Mind RSS

how to configar payment terms

praveen Mind
Currently Being Moderated

We want payment term

90% against proforma and remaining 10% after submission of original invoice along with taxes and duties extra as applicable

In

  • Re: how to configar payment terms
    N Ramakrishna
    Currently Being Moderated

    Hi Praveen,

     

    You can create payment terms at T.code OBB8.

     

    My question is when you raised the proforma invoice the amount won't go into GL,s,then how do you adjust the customer payments.

     

    Regards

    Ram

  • Re: how to configuration of Payment Terms
    Jyoti Prakash
    Currently Being Moderated

    In TCode OBB8, create [ 3 payment terms |Payment term -PREPAID 30%, BALANCE DUE NET 30;:

    Payment Terms

    Sales text / Own explanation Desc

    Account Type

    Remarks

    Z001

    90% on proforma (immd.) & 10% on original invoice

    Customer

    in payment terms section - tick Installment payment

    Refer standard payment term 0009

    Z002

    90% on proforma (immd.)

    Customer

    Z003

    10% on original invoice

    Customer

     

    In tcode OBB9.

    maintain installment for Z001 or main payment term

    Main Payment Term

    Install Seq

    %

    Ref Payment Term

    Z001

    1

    90.000

    Z002

    Z001

    2

    10.000

    Z003

     

    So, your payment Z001 - 90% on proforma (immd.) & 10% on original invoice is ready to use in sales order.

     

    Try your this and share you feedback.

     

    FYI, payment terms are configured by FI guys.

     

    Regards

    JP

  • Re: how to configar payment terms
    Eduardo Hinojosa
    Currently Being Moderated

    Hi

     

    I think that you need not only settings on OBB8 and OBB9 to split the payments at the interface to accounting during billing. You need to use enhancements to determine the amount of each payment, because if in your country you have a complex scheme to determite VAT, I think that OBB8 settings will not be enough. Please see Note 301077 - User exits for the interface to accounting (EXIT_SAPLV60B_008). See also Note 611040 - Down payment invoice for Italy as a template related with this enhancement. Although this note is for down payment, it will help you to understand how to do this modifitications in include ZXVVFU08. It's an idea.

     

    I hope this helps you

     

    Regards

     

    Eduardo

     

    Edited by: E_Hinojosa on Mar 7, 2012 9:37 AM

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