how to configar payment terms

[former_member517325]

We want payment term

90% against proforma and remaining 10% after submission of original invoice along with taxes and duties extra as applicable

In

[Former Member · Accepted solution]

Hi Praveen,

You can create payment terms at T.code OBB8.

My question is when you raised the proforma invoice the amount won't go into GL,s,then how do you adjust the customer payments.

Regards

Ram

[former_member517325 · Accepted solution]

Hello Sir,

We have made entry as advance

Edited by: Praveen Mind on Mar 7, 2012 5:15 PM

[eduardo_hinojosa]

Hi

I think that you need not only settings on OBB8 and OBB9 to split the payments at the interface to accounting during billing. You need to use enhancements to determine the amount of each payment, because if in your country you have a complex scheme to determite VAT, I think that OBB8 settings will not be enough. Please see Note 301077 - User exits for the interface to accounting (EXIT_SAPLV60B_008). See also Note 611040 - Down payment invoice for Italy as a template related with this enhancement. Although this note is for down payment, it will help you to understand how to do this modifitications in include ZXVVFU08. It's an idea.

I hope this helps you

Regards

Eduardo

Edited by: E_Hinojosa on Mar 7, 2012 9:37 AM

[jpfriends079]

In TCode OBB8, create [ 3 payment terms |;:

Payment Terms	Sales text / Own explanation Desc	Account Type	Remarks
Z001	90% on proforma (immd.) & 10% on original invoice	Customer	in payment terms section - tick Installment payment
			Refer standard payment term 0009
Z002	90% on proforma (immd.)	Customer
Z003	10% on original invoice	Customer

In tcode OBB9.

maintain installment for Z001 or main payment term

Main Payment Term	Install Seq	%	Ref Payment Term
Z001	1	90.000	Z002
Z001	2	10.000	Z003

So, your payment Z001 - 90% on proforma (immd.) & 10% on original invoice is ready to use in sales order.

Try your this and share you feedback.

FYI, payment terms are configured by FI guys.

Regards

JP