Installment Payment Terms and SKTO link
I have defined a installment payment term in OBB8 and OBB9. When I use this new term on a sales order the cash discount (SKTO) is getting calculated as Zero for a customer. If I change the payment terms value on the sales order to something else the SKTO value is greater than Zero.
Where is the link between SKTO and payment terms? My SD consultant is off and I need to do this for an emergency business requirement. I appreciate your inputs on this.
Thanks in advance.
Shiva Ram replied
SKTO works only when the customer makes payment. During sales order creation, the system does not know when the customer makes the payment. This condition type is statistical and not passed to accounting (you dont see the accounting keys assigned to it in the pricing procedure) to CO-PA.
During invoice posting into accounting, the SKTO will apply relevant discount and calculates the net payments. Based on the customer payment days, the sytsem automatically applies the relevant discount.