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Re: [sap-acct] Fixed Date and Discount

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Posted by VidhyaDhar (User-friendly SAP FI Consultant)
on Oct 5 at 10:38 PM
Hi

I am not clear about your requirement.

Generally payment terms are created generically so that they last
permanently for reuse across time. However, your payment term appears to be
time-specific ( viz. part of your payment term insists on the eligibility of
1% discount for payment settled on or before 20 March 2012 (!?) ). I do not
understand the logic behind creating such a time-specific payment term.
Specification of your requirement is rather incomplete and a bit unclear, I
am afraid.

Your payment term does not stipulate what the baseline date is . All that
the term indicates is the eligibility of 1 % discount for settlement made on
or before a specific fixed date (20 March 2012, to be precise). Do you mean
to say that 1% discount eligibility is possible for any invoice (no matter
what the baseline date is ....) if paid on or before 20 March 2012 ? If so
then , what happens if an invoice is accounted after 20 March 2012 ? Do you
want this payment term to become defunct after 20 March 2012? I am unable to
comprehend your requirement.

Nor am I able to understand sdadusumalli's reply which states that a
selection of baseline date (via OBB8) with discount would work. Is the
question about a fixed day as baseline date or a fixed date as payment date
with a discount ? The answer to your question is even more confusing, I am
afraid.

In any case, I suppose you cannot give a constant date such as 20 March 2012
either as baseline date or as payment date ( with discount ). The default
arrangement in SAP , in my opinion, does not seem to accommodate constant
dates ( they can be generic .......such as a fixed calendar date of the
current month or a month in the future........not a specific date such as 20
March 2012, pegged for certain...)

I would like to hear more about this from the experts, please.

Regards
VidhyaDhar

---------------Original Message---------------
From: Ginny Hilliard
Sent: Wednesday, October 05, 2011 3:22 PM
Subject: Fixed Date and Discount

I need to have a "Fixed Date" of March 20, 2012 but ALSO need to enter a 1% discount. Is this possible and if so, how would this be entered into Payment Terms?

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