| Late Payment Surcharges (tcmcs0111m000) |  |
| Use this session to maintain late-payment surcharges. You can link late-payment surcharges to an invoice-to business partner in the Invoice-to Business Partners (tccom4112s000) session. The Tax is calculated over the net goods amount + late-payment surcharge. If several tax percentages apply to one order, the late-payment surcharge is distributed proportionally over the tax percentages. Example Net goods amount: 1000.00 Late-payment surcharge 2% = 20.00 Resulting payable amount: 1000.00 + 20.00 = 1020.00 Tax 18,5 % of 1020.00 = 188.70 Total payable amount including tax: 1020.00 + 188.70 = 1208.70 Related topics Due date calculation Central Invoicing
Fields | Description
Late Payment Surcharge | The percentage that is charged over the goods amount or over rendered services that the recipient of the invoice must pay if the bill is not paid within a specified period.
Number of Days | The number of days after the invoice due date during which the invoice-to business partner does not need to pay the surcharge. On payment after this period, the invoice-to business partner must pay the invoice amount + the late payment surcharge + tax over both.
Percentage | The percentage of the invoice amount that the invoice-to business partner must pay as a surcharge if the invoice is not paid within the stated period.