what is payment term? can u please explain brief?
Answer Posted / deepak
Payment are used to schedule the payment date for the vendor/customer. The longer the credit period the shorter will be the discount and vice-versa. Payment terms maintain in customer\vendor master record are populate automatically during document entry. Payment term can also be entered in line item. System make calculation as per the payment term entered in line item if payment available in both i.e. master record and line item.
Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Explain derived depreciation? : fi- asset accounting
hello sap guru's...while creating outbound delivery VL01n i getting a error..msg no VL461,VL248..i saw solution step's in sap.scn.com....even i could not proceed this outbound delivery..plz give a detailed explanation to solve error..thanking u senior's...junior
How do you ensure correct balances in the financial statement? : fi- general ledger master data
How to Block/ Un-Block GL Account?
What is an “asset under construction”?
Why should we use external number range inspite of using internal no. range in Asset Configuration? Plz. give the answer in detials.
If there are two company codes with different chart of accounts how can you consolidate their activities?
What is a financial statement version?
Explain the relationship between company code and controlling area?
Explain asset accounting? : fi- asset accounting
What is the credit control area in sap?
Overview of G/L account :- Dear, what type of G/L account use in SAP.How to see all type of G/L account in sap those are used in a organization.
How can the default settings be maintained for cost elements per company code?
What is Boolean logic? : co- cost center accounting
any body send the configuration of investment management