Payment term in customer master

[Former Member]

Gurus,

XD02 - Change Customer Master

Payment term is maintained in

=> Company code data -> Payment Transactions -> Payment Data-> Payment term

=> Sales Area Data -> Billing Documents-> Delivery ad payment terms-> Terms of payment

In sales order, system propose payment term from Sales area data.

Please explain importance of these field.

Regards,

Ashish

Edited by: Ashish Desai on May 4, 2009 2:57 AM

[Former Member · Accepted solution]

Hi Ashish,

Payment term flows in Sales order from the Sales Area Data Of The PAYER.

Payment term in the FI related Transaction Comes from Company code data of the Payer.

in XD02, Sales Consultant maintains the Sales Area Views, and FI the company code view.

Thanks,

Raja

[former_member550050 · Accepted solution]

Hi

In addition to all the suggestions given by all friends

If the invoicing is done thro SD route that is VF01 then the terms of payment maintained in sales area data will get preference

If the invoicing is done thro FI route that is FB70 then the terms of payment maintained in company code data will get preference

If the credit management is active then the terms of payement maintained in company code will take the control

For easy understanding as long as credit management is not active the terms of payment in sales area data will have the control as we are not going to touch FB70 at all mostly

As said by all others terms of payement is taken from payer

Regards

Raja

[Former Member · Accepted solution]

Thank you very much for the clarification.

Regards,

Ashish

[Former Member]

Dear Ashish Desai,

In SAP we can maintain 3 types of Payment terms...one in Finance side and second for Vendors and third for Customers.

When you are difining the Payment terms...in the Top of the Screen you can see Customer and Vender...If you Activate(Tick mark) Customer ,this payment term becomes Customer payment terms...and same for Vendors.

Revert back if you need more clarity

Regards

raj.

[former_member650554]

What field is pulled in that you can determine the difference between Customer Payment terms vs Order Payment Term?

[Former Member]

hello, friend.

the payment terms in the Company Code Data apply to transactions (e.g. debit memos) initiated by FI, without reference to SD. the terms in Sales Area Data apply to SD transactions, such as in the sales order.

you can enter mutually exclusive and different terms in these fields.

regards.