Payment terms config - end of month

[Former Member]

Hi

We have a request to configure a payment term to be "120 days from invoice date and end of month".

Meaning that invoice should be paid at latest: invoice date+120 days and then in the end of that month.

I am not sure how to configure that in the IMG (Sales->Master data->Business partners->Billing documents->Define terms of payment).

Does anyone know that would like to help?

Regards,

Lars

[Lakshmipathi · Accepted solution]

Check this where the same topic was discussed

[Payment Term - End of the month|;

thanks

G. Lakshmipathi

[Former Member]

Hello,

Please copy an existing payment terms and then select the default for baseline date first, followed by

In the payment terms section,

a) Enter only the number of days as 120

and b) as the second option, you could enter the fixed date as 31.

Hope this helps.

Cheers,

MR

[eduardo_hinojosa]

Hi

I suggest you to talk with a FI consultant to create the payment term in tcode OBB8. The key is to set a fix day, limit day, and so on, until it works. The problem is that each month ends in different days.

I hope this helps you

Regards

Eduardo