Day Limit in Payment Terms

[Former Member]

Hi,

What is the "Day Limit" in Payment terms.If there is multiple day limit for a single payment term,which will be determined in the sales order?

With Regards

Vinu.N

[Former Member]

hello, friend.

if you direct your cursor to the 'day limit' field and click F1, you get the following message...

"Day Limit

Day of the month up until which the corresponding terms are valid.

Use

For terms of payment which depend on whether or not the baseline date is after or before the 15th of the month, you can define a two-part payment term under the same terms of payment key. The terms of payment key is expanded by the day limit entered here. Thus there are two entries in which different terms can be specified.

Example

The following terms of payment require you to enter a day limit:

Documents with an invoice date on or before the 15th of the month are payable on the last day of the next month

Documents with an invoice date after the 15th of the month are payable on the 15th of the month after the next month."

try doing this as many of your questions can be answered directly by SAP.

regards.