what is payment terms. what is the diff. b/w terms of payment
and payment terms

Answer Posted / shweta

Example of Terms of Payment: 0001 (Pay Immediately)                                      (Vendor/Customer Master Record)
                             (XK01/XD01)
Example for Payment terms: C (Cheque Payment)
                           W (Bill of Exchange), etc 
                           ( AAP - FBZP/F110 )
                           For creating new payment term -                              T-code is OBB8

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a plan version? : co- cost center accounting

589


What are the major components of chart of accounts ?

584


How do you configure the automatic payment program?

566


What is archiving? How does it differ from deletion? : fi- general ledger accounting

555


What type of steps comes from Product Costing to CO-PA ?

1522






If U Need Anyone Home Tutor for SAP FICO,contact 8951845120 Very Less Fee With Real time Issues Discussion.in Marathahalli Surrounding Area,Banglore

1690


There is an advance given by the customer which lies in a special gl account indicator A. Will this advance amount be considered for credit check?

662


For document clearing what are the customizing prerequisites ?

774


What are the statistical internal orders?

645


How many chart of accounts can company code have?

651


What is direct activity allocation? : co- cost center accounting

650


What is an exchange rate type?

636


Can we change the Useful life of an Asset? If the depreciation is posted for some years?

702


How did you do Stranded Cost estimate?

1910


How many chart of accounts can be attached to a company code?

622