Payment Terms

[Former Member]

Hello Experts,

I would like to know when we define the Payment Terms there is a Default for Baseline date which contains

No Default

Document date

Posting date

Entry date.

I would like to know the impact if i choos ne one of them.

Thanks

Shri..

[Former Member · Accepted solution]

Hi Shri,

You can press F1 on the rules so that you will understand the use of it.

Check this link for information

http://help.sap.com/saphelp_45B/helpdata/en/e5/0783804acd11d182b90000e829fbfe/frameset.htm

http://help.sap.com/saphelp_46c/helpdata/ru/e5/0783804acd11d182b90000e829fbfe/content.htm

[jignesh_mehta3]

Hello Shrii,

These defaults are rules to determine the Baseline date.

Now what is Baseline date? Say if your customer pays within 15 days then you want to give 3% Cash Discount & if he pays within 30 days (between 16 & 30 days) then you would like to give 1% cash discount.

In the above case to give 3% or 1% discount, system has to determine a date from which it will calculate days (say 14 days - 3% discount or 21 days - 1% discount)

So it is here where you can default the Baseline Date (date from which number of days are calculated).

This dafault date can be:

1. No Default date proposed by system

2. Posting date

3. Document Date

4. Entry date (Current date)

Hope this helps,

Thanks,

Jignesh Mehta