What is difference between "terms of payment" and "payment
terms"
Fields are available in vendor master purchasing view and
accounting view respectively. System can take two differnt
values for same vendor? why different values are maintained?
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Answer Posted / mahesh. vadlamani
Payment terms are the conditions between the vendor and
purchasing group where as payment terms are between the
vendor and the accounting dept and that comes to fico part.
ie the payment have to be done in what proportion with time
lag. So both are different and the system taking accordingly.
| Is This Answer Correct ? | 3 Yes | 5 No |
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