Payment Terms

[Former Member]

Hello Experts,

I would like to create the below payment terms based on

TT30 - 30% deposit and 70% balance 7 days before shipment

TT20 20% deposit and 80% balance 7 days before shipment

TT10 10% deposit and 90% balance 7 days before shipment

TT31 30% deposit and 70% upon received fax copy of shipping document

what would be the selection data need to create

Thanks

Shri..

[jignesh_mehta3 · Accepted solution]

The payment terms that you want to create (TT30, TT31, etc) are just for information purpose, correct? I mean they are not supose to generate any automatic discount or calculate day...

If above is the case, then just go to OBB8 & create new Payment Terms with the Text you require (30% deposit and 70% balance 7 days before shipment)...

You can copy the SAP Standard Payment Term 0001 & change the Sales Text...

Hope this helps,

Thanks,

Jignesh Mehta

[Former Member]

Hi strii,

You can use this path config payment terms

spro-> Sales and Distribution->Master Data->Business Partner->Customers->Billing Documents->Define terms of payment

Best Regards.