Credit terms in SAP

Question: Hi,

We have customer going to pick up goods themselves from our plant and then arrange the importation themselves. The credit terms used by other company is as follow

Payment term : 0007 (60 days)
Base date : Date Ex-works
Payment method : T/T

But I would like to know the below.

How / when do they invoice the customer, how i.e. when do they recognise the time / point of sale/revenue and how do they get the ageing of the AR to be correct?

Answer:
Check in SPRO:

SD-> Masterdata-> Businesspartners -> Billing -> define :

-billing schedule
-paymenterms

check the paymenterms :
-days/date
-Indicator default baselinedate

AND use the F1 button !
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Carlitosway
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