Importing payment terms is an essential aspect of managing financial transactions in any business. It involves setting up and maintaining parameters to ensure accurate and efficient payment processing. This lesson guides you through the process of maintaining parameters for importing enhanced payment terms.
You can import master data for a payment term with different day limits and with multiple discount percentage values and specific time periods. Before importing the Payment Terms Master Data, you must maintain the parameter ENHANCED_PAYMENT_TERMS, to import the additional payment terms information.
When the Managed Gateway Add-On’s Master Data extract program runs, the program checks whether the parameter is maintained on the SAP ERP or SAP S/4HANA (on premise). If you maintain the parameter, the master data program sends all the defined values for the day limit associated for the payment term to the SAP Ariba Procurement solutions.
When you maintain the ENHANCED_PAYMENT_TERMS parameter, SAP Ariba Procurement solutions processes the payment terms as follows:
- Calculates the payment terms and the day limit value. You can have more than one payment term with different values for the day limit. Values must be in the range of 0-31.
- If the day limit value contains a 0 (zero) value, SAP Ariba Procurement solutions ignores the other values maintained for the days and months for the payment term.
If you leave the ENHANCED_PAYMENT_TERMS parameter field blank, the master data program does not check for the different day limits for the payment term.
In this simulation, you’ll learn the steps to maintain the parameter for Payment Term Master Data:
| Parameter Name | Description | Supported Values |
|---|---|---|
| ENHANCED_PAYMENT_TERMS | Applicable to SAP Ariba Procurement solutions. This is a mandatory field to import the additional payment terms master data. If you maintain the parameter, the master data program sends all the defined values for the day limit associated for the payment term to the SAP Ariba Procurement solutions. | Variable Name: ENHANCED_PAYMENT_TERMS Field Name: Leave it blank. Number: 0000 Variant: The unique variant name for the SAP Ariba Procurement solutions defined in the SAP system. For example, VREALM_2. Partition: The unique partition name for the SAP Ariba Procurement solutions defined in SAP system. For example, VREALM_2. Low: Specify X when you want to include the additional payment terms while importing the payment terms master data. |