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Payment Term

    Home SAP Business One First Time Users Payment Term

    Payment Term

    By WebMasterUSA | SAP Business One First Time Users, SAP Business One Tips & Tricks, SAP Business One Tutorials for Beginners, USA | Comments are Closed | 31 March, 2022 | 0

    Payment Terms should not be linked to a Price List

    In SAP Business One, every single Payment Term has a Price List linked to it. This can be a good idea if certain terms are only given to certain vendros or customers but when it is not exclusive, it can prove to be error prone for the company if special attention is not given to the set Price List at the moment of stating a Payment Term. For this type of situations, SAP Business One has a neat option that can be applied generally.

    -In this case, the Sales Order for Maxi-Teq has a total of $35,086.00.

    -We can see how this price is under a Payment Term of 2P10Net30.

    Payment-Term-1

    – As soon as we change the Payment Terms to Net60 and update our sales order the price changes to

    -In a Sales Order you might need to change the Payment Terms of the “Accounting” tab. If the newly selected payment term is linked to a different Price List the new Payment Terms will change the total Price of the sales order.

    -A solution for this can be to specify a company wide Price List assigned to all the payment terms. A default that can be then atailored to each case, creating a standar procedure for each Sales Order.

    Payment-Term-2

    -This option can be found by clicking by clicking on the Administration module, System Initialization, General Settings and then clicking on the

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    • Solutions
      • What is SAP Business One
      • SAP Business One Cloud
      • SAP Business One HANA
      • SAP Business One Mobile Apps
      • SAP Business One Web Client
      • SAP Customer Checkout POS
    • SAP Business One for Your Industry
      • SAP Business One for Distribution
      • SAP Business One for Food and Beverage
      • SAP Business One for International Trade
      • SAP Business One for Manufacturing
      • SAP Business One for Pharma
      • SAP Business One for Professional Services
      • SAP Business One for Retail
    • SAP ERP Services
      • From MACOLA to SAP Business One, ERP for small to midsized businesses
      • SAP Business One Implementation Methodology
    • Resources
      • Consensus Blog
      • SAP Business One E-Learning for beginners
      • SAP Business One Success Stories
      • SAP Business One Tips and Tricks
      • SAP Business One Webinars and Workshops
      • How to Guides / Demos
      • Videos and Tutorials
      • Resources
    • Consensus
      • Our Values
      • Partnerships
    • Contact Us
    Consensus Intl