cancel
Showing results for 
Search instead for 
Did you mean: 

Invoice split based on payment term

Former Member
0 Kudos

Dear,

I want to have an invoice split based on payment term

I want this process for retention.  Customer pays 90% of invoice amount and pays the rest 10% after certain period of time.

I had checked but didn't get clear answer

Regards

Fazal

Accepted Solutions (0)

Answers (2)

Answers (2)

narasimhulu_konnipati
Active Contributor
0 Kudos

Dear,

What you are talking about is Customer payment receipt. Which means, you sold goods worth 100 rupees, and customer pays this outstanding amount in installments.

Like....

Invoice is 100

Installment 1 is 90 rupees

Installment 2 is 10 rupees

The above process happens in FI. This can be achieved through Installment payment term.

Create payment term in OB08 (Click Installment payment option)

Then Go to OBB9, Click on new entries, enter payment term with Installment details

Then simulate a scenario

This will work

Thanks

Lakshmipathi
Active Contributor
0 Kudos

Invoice will split if payment terms differs at item level.

G. Lakshmipathi