How to setup SAP ByD payment term due End of the Following Month

[catherine_guang]

Hi experts,

I need to setup a payment term in SAP Business ByDesign, where the due date is always "end of the following month" and in which the baseline date is the end-of-month of the invoice date.

This is for supplier invoice.

Scenarios are:

1. Invoice Date = 1st Dec 2022, Due Date should be 31st Jan 2023

2. Invoice Date = 31st Dec 2022, Due Date should be 31st Jan 2023

Localisation is Australia

No early cash discount applies, all just Net Due.

Can you please provide inputs which of the standard payment terms i can select?

Or if i need to create a new payment term, what are the fields and values do i need to set?

Regards,

Cathy

[Neeraj_Jain]

Hello catherine.guangco1,

Please refer below SAP Note. Hope it's helpful to you.

https://userapps.support.sap.com/sap/support/knowledge/en/2625132

2625132 - Custom Payment Terms

Confirm if it's works for you.

Regards,

Neeraj Jain