Hierarchy
⤷ PSM-FM-PO (Application Component) Funds Management-Specific Postings
⤷ FMKW (Package) IS-PS: Fiscal Cash Accounting
Basic Data
Data Element | FM_GP_DAYS |
Short Description | Grace Period in Days |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | NUM03 | |
Data Type | NUMC | Character string with only digits |
Length | 3 | |
Decimal Places | 0 | |
Output Length | 3 | |
Value Table |
Further Characteristics
Search Help: Name | ||
Search Help: Parameters | ||
Parameter ID | ||
Default Component name | ||
Change document | ||
No Input History | ||
Basic direction is set to LTR | ||
No BIDI Filtering |
Field Label
Length | Field Label | |
Short | 10 | Days |
Medium | 15 | Days |
Long | 20 | Days |
Heading | 3 | D |
Documentation
Definition
Use
In this field, you enter the number of days that should be considered during the calculation of the grace period for documents of the document type specified (generally payments).
If a payment whose document type has a grace period is not made by the due date of the invoice, but is paid within the grace period, it is regarded as being paid on time. During the calculation of the public law dunning interest (penalty charges) the payment is treated as if it were made by the due date of the invoice.
The grace period begins on the day after the due date, that is, in the overdue period. If the end of the grace period is on a weekend or a public holiday the end of the period is moved to the next working day.
Dependencies
You can also enter a grace period in months. Make an entry in the field "Grace Period in Months".
Example
An invoice is due on 6/4, a partial payment is made with document type X on 10/4. You have entered a grace period of 5 days for document type X. The grace period begins on 7/4 and ends on 11/4. As the payment from 10/4 was made within the grace period it is treated as if it were made by 6/4. The dunning interest is calculated on the remaining amount, not on the complete amount.
History
Last changed by/on | SAP | 20011120 |
SAP Release Created in | 110 |