SAP FI CO (Financial Accounting & Controlling)
SAP FI CO (Financial Accounting & Controlling) Forum
I am confused about Significance of Day Limit and Fixed Day in T-CODE OBB8 within Payment Terms
Anyone can explain me this term with the example.
Day limit means if you pay amount in that given day limit at that time system give discount upon day limit.
e.g if you set day limit
10 days = 5% discount.
20 days =2%discount and 30days=00
if customer paid amount under 10days system automatically charge 5% discount.
if customers paid amount after 10days bt bfore 20 days at that time system charge 2%discount.
if customer paid amount after 20days at that time system not charge any discount.
If that is the case then what is the use of Day limit and fixed day.
We have terms in the down
5% for 10 days, 2% for 20 days and 30 days is due for that payment terms. Using these we can calculate the discounts. But what is the use of Day limit and Fixed day, without using these two fields we can calculate discounts.
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