| Terms of Payment (tfacr1112s000) |  |
| Use this session to view the terms of payment for an invoice. ERP LN enters the values according to the terms of payment defined for: A particular invoice-to business partner. A particular invoice. Related topics Due date calculation Default amounts for bank transactions
Fields | Description
Document | The transaction type, part of the invoice identification.
Document | The document number, part of the invoice identification.
Business Partner | The invoice-to business partner.
Late Payment Surcharge | The late-payment surcharge. Default value The late payment surcharge code selected for the invoice-to business partner in the Business Partners (tccom4500m000) session. The late payment surcharge code linked to the invoice. The surcharge date is calculated in this session. If the invoice is paid before this date, this amount can be deducted from the invoice amount.
Late Paym.Surch.Date | If the invoice is paid on or before this date, the late payment surcharge is deducted from the invoice amount.
Late Payment Surcharge Amount | The extra amount to be paid if the invoice is paid after the late payment surcharge date. Default value The late payment surcharge amount calculated for the selected invoice, according to the percentage defined in the Late Payment Surcharges (tcmcs0111m000) session.
Terms of Payment | The terms of payment for this invoice. Default value The terms of payment selected for the invoice-to business partner in the Business Partners (tccom4500m000) session. The terms of payment selected specifically for this invoice.
Due Date | The date on which the invoice amount should have been paid. Related topics Due date calculation
First Discount Date | The last date on which the discount, defined for the first discount period, is deducted from the invoice amount.
First Discount Amount | The amount that is deducted from the invoice if it is paid before the first discount date. ERP LN calculates the amount based on the discount percentage and the invoice amount.
Second Discount Date | The last date on which the discount, defined for the second discount period, is deducted from the invoice amount. This discount percentage is entered in the Period in Days field of the Terms of Payment (tcmcs0113s000) session.
Second Discount Amount | The amount that is deducted from the invoice if it is paid before the second discount date. ERP LN calculates the amount based on the discount percentage and the invoice amount.
Third Discount Date | The last date on which the discount, defined for the third discount period, is deducted from the invoice amount. This discount percentage is entered in the Period in Days field of the Terms of Payment (tcmcs0113s000) session.
Third Discount Amount | The amount that is deducted from the invoice if it is paid before the third discount date. ERP LN calculates the amount based on the discount percentage and the invoice amount.