Fixed value date

[Former Member]

Hi Experts,

In SD invoice there is a field in Header which is called "FIXED VALUE DATE". Can anybody tell me the purpose of this field and where the value in this field comes from?

Thanks in advance

JS

[Former Member]

Hi,

The Fixed Value date is

The date on which the terms of payment related to the sales document

become effective.

If you enter a date in this field, you cannot enter a value in the

additional value days field.

Additional value days

Definition

The number of days between the billing date and the date on which the

terms of payment for the sales document become effective.

Hope this will help you.

Reward Point if helpful.

Thanks,

Raja

[Former Member]

Hi Raja,

Thanks for the information.

Where this date is entered in SD, Is it Sales order? Sales invoice or some place else?

I have a situation where SD invoice shows the fixed value date as 31.12.2007 and calculates the due date from terms of payment on the basis of the fixed value date. what might be the reason for this.

Thanks & Regards

JS

[Lakshmipathi]

Dear JS

It will be flowing from your sale order. Whatever date you maintain here, your Terms of Payment will be valid from this date only.

In your case, in sale order, since it is maintained as 31-12-2007, the respective Terms of Payment for this sale order is valid from 31-12-07.

thanks

G. Lakshmipathi