SAP FI: Payment Terms Set Up Example

Payment Terms Issue :

Payment term to be set up as below:

70 days, days of payment 15 and 30

Example:

Date invoice: 01/05/2011      Due date: 15/07/2011
Date invoice: 10/05/2011      Due date: 30/07/2011

SOLUTION:

We have created 3 payment terms with the day limit as 6, 21 and 31.

In the 'payment term' field of OBB8, we have input:

Payment term  Fixed date  Additional months
ZTE6-6            15              2
ZTE6-21          30              2
ZTE6-31          15              3