Recently my client launched a new Product which was pushed to existing Dealers along with existing Products but the Payment Terms for new Product was different than existing Products.
For Example, A Mobile handset manufacturing company has launched a new Handset & it is selling in large numbers. Due to this newly launched Product, the earlier Products (which are lying in Stock) are not in demand & sales are slow. Thus this Company comes out with a scheme that for every 4 latest Handset, Dealers will have to Purchase of 1 older model Mobile. Payment Terms for Latest Mobile will be immediate & for older model Mobile will be after 30 days.
Now how to handle scenario like this where in single Sales Order for same Sold-to-Party & Ship-to-Party, payment terms are different for each Material.
SAP has given facility of maintaining Payment Terms in Condition Records of Materials as shown below:
Payment terms mentioned in Condition Record will be determined for the respective Line Item while creating Sales Document & will overwrite the Payment Terms mentioned in Customer Master Record.
Point to be noted: While we can successfully create Sales Order & Delivery with multiple Line Items & Separate Payment Terms, but there will be Invoice split based on Payment Terms. Because Payment Terms is Header Level field in Invoice.
A pre-requisite – In Item Category (T-Code VOV7) Business Item Check Box should be ticked, which will allow separate Business Data in Sales Order Header & Item.
Hope this is useful.