Payment terms in vendor master

[Former Member]

Hi Friends,

In a vendor master we can give payment terms in two places as the following

1. Payment transaction data

2. Purchasing data

which payment term will come into effect when we do MIGO or MIRO or FB60

what is the priority?

Let me know the solution

Yours

NMB

[srinivasa_maruvada · Accepted solution]

Hi

For MIGO and MIRO it captures from Purchasing data where as for FB60 it captures from Payment transaction data

Srinivas

[Former Member · Accepted solution]

Dear Srinivas,

Thanks for your valuble reply

Thnaks

NMB

[Former Member]

Hi,

If you maintain the payment terms in Purchasing data of vendor Master then you will get that payment terms while creating PO.

But when you make Direct FI Invoice in FB60. You will get the payment terms by default if maintain payment terms in Payment Transaction data of vendor master.

Regards,

Jigar