Create Payment Terms (OBB8)
Purpose
Use this procedure to create payment terms for customers and vendors.
Trigger
Perform this procedure when you want to offer new terms to one of your customers or have been offered terms by one of your vendors.
Prerequisites
None
Navigation Path
Use the following navigation path to begin this transaction:
• Select to go to the Terms of Payment screen.
Helpful Hints
• The payment terms must be added to the vendor and customer master records on two screens: 1) company code - payment transactions and 2) sales area data - billing document.
Field Description Tables
The R/O/C column of each Field Description table indicates whether the field usage is:
R - Required in SAP.
O - Optional in SAP.
C - Conditional in SAP.
Procedure
1. Start the transaction using the navigation path.
2. Double click on Terms of Payment to go to the
Change View "Terms of Payment": Overview screen.
3. Click
to go to the
New Entries: Details of Added Entries screen.
4. Complete the following fields:
5. Click
to save your entries.
6. Click
to go to the
Change View "Terms of Payment": Overview screen.
The system will title the payment terms based on the details you have entered. (If you prefer a different description, enter this under the 'Own Explanation' field on the payment term detail screen.
7. Click
to go to the
SAP Easy Access Main Menu screen.
8. You have completed this transaction.
Result
You have new payment terms to apply to your customer or vendor invoices.
SAP Easy Access Main Menu