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payment terms.

Former Member
0 Kudos
47

Hi friend,

please tell me how to maintain payment terms by material??

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi friend,

The condition records has a higher priority than the Customer Master.

go to pricing condition type and check the condition type-SKTO

then make the appropriate change to get one access with matereial with combination of payment terms.

then go to Transaction VK11

Search for the All fields List Box and Choose Terms of payment

The PayT field columns will appear next to the Material

then maintain the record in vk11.

Thants all.

Answers (4)

Answers (4)

Former Member
0 Kudos

HI Rashid,

Terms of Payment is an agreement with the customer on how shoud the payments be made for the billing documents created. What is the duration he can taken before being charged with an interest rate etc are specified in this agreement. It is not defined for the material.

The path to define the terms of paymnet is given below

SPRO -> Sales & Dist -> Master Data -> Business Partners -> Customers -> Billing Documents -> Define Terms of Payment.

Hope it had helped. Do reward if you had felt the same.

Regards

Nadarajah Pratheb

Lakshmipathi
Active Contributor
0 Kudos

Hi Rashid

If you want the invoice to be splitted based on item wise payment terms, the <b>same can be done by material group</b>. Check the link for details

http://help.sap.com/saphelp_47x200/helpdata/en/dd/560f63545a11d1a7020000e829fd11/frameset.htm

Thanks

G. Lakshmipathi

Former Member
0 Kudos

Hello Rashid,

The Payment terms are mainly maintained in the Customer Master Record (payer).

If you want to change the terms for a particular material which the customer is ordering, you could do it by changing that in the Sales Order.

But again if you change it in the Sales order it would impact all the line items.

If you have only one material for the Sales order then its Perfect.

If you have more than one material and you do not intend to change the Payment terms for all the materials .

Then while you do the invoice , you need to create a seperate invoice for the material for which you intend to change the payment terms.

This would solve your problem

Thanks

Murtuza

Former Member
0 Kudos

Hello Rashid,

Payment terms are not maintained as per material.

Its only maintained for customer as it determines how and when your customer will pay. We maintain it in customer master in Sales area data and also in company code data.

Reward points if helpful.

Regards,

Priyanka