Hierarchy
BBPCRM (Software Component) BBPCRM⤷
CRM-MD-BP (Application Component) Business Partners⤷
FB0C (Package) Financial Accounting customers
IMG Activity
| ID | SIMG_CFMENUORFBOBB8 | Maintain Terms of Payment |
| Transaction Code | S_ALR_87001464 | IMG Activity: SIMG_CFMENUORFBOBB8 |
| Created on | 19981222 | |
| Customizing Attributes | SIMG_CFMENUORFBOBB8 | Maintain Terms of Payment |
| Customizing Activity | SIMG_CFMENUORFBOBB8 | Maintain Terms of Payment |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | SIMG_CFMENUORFBOBB8 |
In this step, you can define rules with which the system can determine the required terms of payment automatically. The rules are stored under a four-character key. You assign the terms of payment specified to the customers in the master record via the key. The key and the terms determined with it are proposed when entering a document to the customer account.
Note
You can specify a key in the master data area for Financial Accounting and Sales + Distribution. You should use the same key.
You can use the same key for the terms of payment for both customers and vendors who have the same payment terms. SAP recommends, however, that you use different terms of payment keys for customers and vendors and limit the permitted account type correspondingly within the terms of payment. This, for example, then has an advantage if the sales department of your company changes a payment term for a customer. You can then adapt the accompanying customer terms of payment key without vendors being affected by the same terms of payment.
Standard settings
The most usual terms of payment have already been set in the standard system. These include specifications on the payment conditions, the day limit or the payment period baseline date, for example.
Recommendation
You do not normally have to make any additions or changes to the default settings, unless you want to:
- Enter a separate help text for a payment term which deviates from the explanations created automatically
- Exclude an account type for a payment term (in the standard system, a payment term applies to all account types of the business partner)
- Change the payment conditions for a payment term
- Indicate that it has to do with a holdback/retainage payment
In this case you must also define the holdback/retainage payment partial amounts in the subsequent step. For more information on this, read the section "Define terms of payment for holdback/retainage". In the current step "Maintain terms of payment", only the holdback/retainage payment terms are displayed under "Explanations" in so far as you have defined them.
Activities
- Check whether you can use the default settings as they are without making any changes. You might have to change or extend the default settings.
- Ensure that the terms of payment key is entered in the customer master record which represents the specified terms of payment.
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 2 | Non-critical |
| Country-Dependency | A | Valid for all countries |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | SIMG_CFMENUORFBOBB8 | 0 | HLA0001275 | Invoices and Credit Memos |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| V_T052 | V - View | SM30 | 02 | Maintain Terms of Payment |
History
| Last changed by/on | SAP | 19981222 |
| SAP Release Created in |
