Payment Term by Material

[Former Member]

Hi expert,

Can we set payment term for each material. Do we have payment term fields in material master?

regards,

[Former Member]

You can have material number in the key combination of condition table, and maintain payment term field in VK11. This will serve your requirement.

[former_member217082]

Hi sujana

In material master record we don't have payment terms

One way of setting payment terms by material is ,

Take the one of the key combination field as material ,for example (customer / material). while creating condition table

While Maintaining condition records in VK11, you there will be a field payment terms , you can assign a payment terms there. so as per the material you can set the payment terms

Regards

Srinath

[Former Member]

Hi,

Payments terms can be set in Condition record master data Transaction Code :VK11 In this case if you create a sales order and in that sales order you will have one terms of payment copies from customer master on header level .And in that sales order if you have 5 line items and for each line item you have maintained separate terms of payment in VK11 then in this case only header level terms of payment will work.

And if you want to deactivate the header level terms of payment and use line item terms of payment .Then in Sales order back ground screen you have one option called Business data use that option .Then your item level terms of payment will work..

Thanks,

[former_member605515]

Hi

From where i can get the business data at back ground screen.of sales order...plz guide...i m nt getting where it is..

[alpesh_saparia3]

Payment terms are defined individually in OBB8, later can be assigned to Vendor / Customer. Same gets copied into transaction data like Sales Order / Purchase Order at Header level. You cannot put payment terms at the item level.

-Alpesh

[Former Member]

Hai Nishant,

Thanks for your valuable advice. Can u explain a little bit on your statement;

"Sales order back ground screen you have one option called Business data use that option"

How can i get to the back ground screen of sales order?

[former_member184555]

Hi

Payment terms field is not available in Material Master. But you can set the payment terms in VK11 while giving the condition records. In the extreme end you can find the field Payment terms. When that particular condition is determined in the sales order, then the payment terms from that record also will be determined in the order.

Thanks,

Ravi

[jiteshmehta]

Hi

Payment Term is not in material master

if you want payment term as per material, enhancement is only option.

Regards

Jitesh