Payment term column in Vk11

[Former Member]

Hi all,

what is the significance of payment term column in VK11 condition maintenance.

This appears before fixed value date column.

[Former Member]

> Hi all,

>

> what is the significance of payment term column in

> VK11 condition maintenance.

> This appears before fixed value date column.

Thank you all.

So in relation to above my requirement is that Cash discount is based on payment term and differs from material to material.

Suppose i maintain a cash discount of 1% for material x and the payment term is payment in 7 days then this 1% should be active on the receipt of payment from the customer within 7 days only otherwise the cash discount does not apply.

Please guide .as no percentage is maintained in payment term because it will be applicable for all the material for that particular customer.

[Former Member]

Hi,

The terms of payment mentioned in the condition record maintenance i.e VK11 have priority over the terms & conditiones mentioned in the customer master record.

Whenever you create a sales order, the terms & conditions get copied from the customer master record which you maintain in XD01 for the customer. While maintaining the condition record in VK11 for a customer if you maintain the payment terms then this payment terms will have a higher priority over the payment terms mentioned in the customer master record and thus the payment terms of customer master record will get overwritten by the payment terms in condition record in the sales order.

You maintain the payment terms in VK11 if you are launching a new product or are doing any promotional scheme.

Reward points if solution helps.

Regards,

Allabaqsh G. Patil

[Former Member]

Hi,

Suppose u r company launched new product in the Market. So for the Movement of the product u will give some extra time ( Payment terms ) to the Distributors/Dealers to boost up the sales of the product. For that purpose we maintain different payment terms for the particular Material and assigned in the VK11. So any customer places the Order for the particular material the payment terms may be different.

Note: if there are two or three line items in the sales order having different payment terms the invoice split may happen.

To avoid this we can use User Exit.

Regards,

v.s.vas

[Former Member]

EXAMP---> IF YOU WANT MAINTAIN SPECIFIC PAYMENT TERMS FOR MATERIAL WHENEVER YOUR LANCHUING NEW PRODUCT IN THE MARKET

IT WILL OVERWRITE THE PAYMENT TERMS FROM CMR

[Former Member]

Hi

Terms of Payment Locate the document in its SAP Library structure

Use

You can include terms of payment as part of your promotional strategy. For example, when you create master data for promotions or sales deals, you can specify special values for the following payment-related data:

• Terms of Payment

• Fixed value date

• Additional value days

If you create a sales deal as part of a promotion in which you have already specified special terms of payment, these values are automatically copied into the sales deal. When you create condition records as part of a sales deal in which you have specified special payment terms, the system automatically copies the terms into the condition record.

Terms of Payment During Order Entry

During order entry, the system copies special terms of payment from the condition record into the sales order. The terms in the condition record have priority.

Example

If a sales order includes items with terms of payment that differ, the system automatically generates split invoices during billing

[former_member183879]

This is a place where the payment terms in CMR get overwritten by the payment term of c.type

If you maintain a p.term here for a specific c.type, and if this c.type is available in your pricing procedure, then the payment term at c.type level, will become the payment term for the document.

This is used to redefine the payment terms when there is presence of a particular condtion type.

Rwd if this helps.