Installment Plans Sap
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Dear all, I have a requirement in which the company will create a sales order with a payment plan (e.g.%10,%30,%15,%45 of four installment) but this sales order should be billed at the beginning with full amount. So I should be billing the customer in full in the beginning but I should be recording the expected payments according to the payment plan. I tried to use the billing plan but in this case, the billing is done according to the plan, which is not wanted.
I can not use payment terms in item level because the installment payment plan is not dependent on the items. It should be at header level and can be anything. Please propose me a solution for this requirement. Points will be rewarded.
Thanks in advance. Serkan Tags: • enterprise_resource_planning • sap_erp_sales_and_distribution.
Installment payment terms will suit your requirement: 1. Payment plan in sales order 2.
E.g.%10,%30,%15,%45 of four installment 3. Sales order should be billed at the beginning with full amount To achieve your above requirement, please follow following steps in the configuration of payment terms: In TCode OBB8, create 5 payment terms: Z000 Payment Plan 10, 30, 15, 45 Customer in payment terms section - tick Installment payment you can refer std payment term 0009 for this Z001 10% - 1st Payment Customer Z002 30% - 2nd Payment Customer Z003 10% - 3rd Payment Customer Z004 45% - Final Payment Customer Now, each installment payment can have their own characteristics like net due or 2% discount if paid in 10 days, etc. In tcode OBB9. Maintain installment for Z000 or main payment term Z000 1 10.000 Z001 Z000 2 30.00 Z002 Z000 3 10.00 Z003 Z000 4 45.000 Z004 So, your payment 'Z000 - Payment Plan 10, 30, 15, 45' is ready to use in sales order. Thanks, JP 1 Likes 1.