Average Due Date for Cash Discount (SAP Library - FI Accounts Receivable and Accounts Payable)

Average Due Date for Cash Discount

Use

You can determine a common due date for cash discount according to cash discount terms 1 (S1) and 2 (S2) for a group of open items. Both due dates (S1 and S2) are displayed in open item processing.

Features

If the average due date (S1) is before the document date of the incoming payment, cash discount terms 1 is set in all of the items.

If the average due date (S2) is before the document date of the incoming payment, cash discount terms 2 is set in all of the items. In each case, the days in arrears are set in accordance with the average due date for cash discount 1 or 2 (including tolerance).

If both due dates S1 and S2 have been exceeded, the original value is retained in the days of arrears.

All active customer debit items that have cash discount terms (cash discount percentage rate 1 or 2) are considered.

Caution

Customer credit memos and special G/L transactions (bills of exchange, down payments) and vendor items are not considered.

You can reset the change by executing the function Reset Average Due Date for Cash Discount.

Caution

If you make additional manual changes to the item (cash discount, item active) once you have calculated the average due date, you cannot reset the changes.

The following specifications are reset for the items:

Cash discount amount
Cash discount percentage rate
Days in arrears