Looking for help. I have to create payment terms as below for a customer who is also a vendor
Payment should be due 60 days from the invoice date with 30th of the month to be fixed date.
I have created a payment term as below for the above requirment.
Account type tab:
selected both vendor & customer.
Baseline date calculation tab:
fixed day field= 30
Default for baseline date tab:
have selected document date
Payment terms tab
No. of days feild= 60
Have i done the right thing in OBB8, if yes how can i test whether it is working.
Thank you in advance.
Yes, you have done the correct settings.
You can do the testing in your development client with FB70(Customer Inv) or FB60(Vendor Inv) to verify the result.
Post the invoice, choose the payment term that you created and you can view the result with
FBL5N(Customer Line Item Disp) or FBL1N(Vendor Line Item Disp).
Here the example of the result.
Document date : 15 Aug 2008
Baseline Date : 30 Aug 2008 (This is because 30th fixed date)
Payment Term : 60 days
Net due date : 29 Oct 2008