Pay-to Business Partners (tccom4524m000)

Field Information

Pay-to Business Partner

pay-to business partner

Department

The department that is linked to the business-partner role. The business partner's financial data for the role is registered in the financial company to which the department is linked.

Status

business partner status

Allowed values

Active

If the business partner (role) status is Active, you can use the business partner for business transactions. You must define the period for which the business partner is Active. If the period is expired, the actual status of the business partner becomes Inactive, and you cannot use the business partner anymore.

Inactive

If the business partner (role) status is Inactive, you cannot use the business partner for business transactions.

You cannot enter an effective date and an expiry date for the Inactive status.

Prospect

You can use the Prospect business partner (role) if you enter general business partner data but you do not enter details for a specific role. If no details for a specific role are defined, you cannot enter, for example, sales orders or purchase contracts because the sold-to role or buy-from role is not specified.

You must define the period for which the business partner is Prospect. If the period is expired, the actual status of the business partner becomes Inactive, and you cannot use the business partner anymore.

Not Specified

City Code

The code of the city in which the business partner is established.

Country

The country in which the pay-to business partner is established.

Phone Number

The pay-to business partner's telephone number.

Search Key

The search key to find the business partner.

LN automatically fills this field with the first 16 positions of the business partner's name. The letters are converted into capitals.

Creation Date

The date and time at which the business partner was defined.

Address

The pay-to business partner's address.

Parent Business Partner

parent business-partner

ZIP Code/Postal Code

The pay-to business partner's ZIP code.

City

The name of the city in which the business partner is established.

State/Province

The state or province where the pay-to business partner resides.

House Number

The pay-to business partner's house number.

Fax

The pay-to business partner's fax number.

Website

The pay-to business partner's website.

Start Date

The date and time when this status takes effect.

If you leave this field empty, the status takes effect immediately.

End Date

The expiry date and time of the business partner's status.

If you leave this field empty, the status continues.

Language

The language used for documents addressed to the business partner. If no document is available in this language, the document in the company language is used.

Business Partner Signal

If you select a signal here, the signal message is displayed when you enter the business-partner code in an LN session.

Business Partner Type

business partner type

Vendor Rating

If you want to apply vendor rating to the business partner, select this check box.

Calendar

The payment calendar you use for the business partner.

You can optionally use payment calendars to determine the due dates for sales invoices and purchase invoices. On the payment calendar, you can indicate bank holidays and other periods during which your company or the pay-by business parnter cannot make payments.

Contact

The business partner's default contact.

Currency

The default currency that you use to pay the business partner.

Exchange Rate Type

The exchange-rate type for purchase.

Default value

The purchase exchange-rate type you have selected for the current company in the Companies (tcemm1170m000) session.

Bank

The business partner's bank to which you make payments to the business partner.

Bank Relation

Your bank relation through which you make payments to the business partner' bank.

This bank relation is the default bank relation for payment advices.

Extra Days after Due Date

The average number of days after the invoice due date when the cash transaction takes place. For example, the number of days that the bank needs to transfer the money.

For example, if the Extra Days after Due Date field is 2, and the invoice due date is 10 July 2001, the expected payment date is 12 July 2001.

Bank Charge Borne by Supplier

To indicate that you are not liable for the bank charges for the payment transfers, select this check box.

If this check box is cleared, LN calculates and posts the bank charges as sundry costs.

Revenue Stamp Tax Applicable

If this check box is selected, revenue stamp tax is imposed on the documents that you exchange with the business partner.

Trade Note Division Method

When you create a trade note, if you select a division method, LN divides the trade note amount according to the selected division method and generates a number of trade notes for the resulting amounts. Apart from the division method, such a division is also subject to the maximum number of trade notes that you can generate for the business partner, and the minimum amount for which a trade note can be created.

You can only select Revenue Stamp Tax Division after you select the Revenue Stamp Tax Applicable check box and click Save to save the business partner details.

Allowed values

Revenue Stamp Tax Division

When you create a trade note, LN generates multiple trade notes for smaller amounts as defined in the Division for Revenue Stamp Tax (tcmcs1132m000) session.

Predetermined Values

When you create a trade note, LN generates multiple trade notes for smaller amounts as defined in one of the following sessions, as applicable:

• Trade Note Division by Pay-by BP (tfcmg0517m000).
• Trade Note Division by Pay-to BP (tfcmg0518m000).

Not Applicable

No division is applied to the trade notes. When you create a trade note, LN does not generate multiple trade notes for smaller amounts.

Maximum Number of TNs Allowed

The maximum number of trade notes that can be generated for the business partner per transaction. Business partners inform you about the maximum number of trade notes they wish to receive for one payment.

Accounting Office

accounting office

Text

If this check box is selected, a text is present.