Standing Order (tfcmg1604m000)

Field Information

Order Details

Order

Business Partner

The code of the invoice-from business partner for whom the standing order is created.

Name

The name of the business partner.

Order

The number of the standing order generated for the invoice-from business partner.

Order Details

Posting Method

The posting method of the standing order.

Allowed values

Advance Payment

Costs

Category

The advance payment category.

If the Allow Advance Payment Category check box is selected in the CMG Parameters (tfcmg0100s000) session and the posting method is Advance Payment, you must select a category.

Allowed values

Tangible Fixed Assets

For example, supplies and stocks of:

• Land
• Properties
• Machines
• Equipment
• Advance payments and buildings under construction

Intangible Assets

For example:

• Concessions
• Licences
• Goodwill
• Advanced payments

Inventories

For example:

• Raw materials
• Unfinished products
• Finished products
• Advance payments

Other Assets

For example:

• Shares in associated companies
• Claims and other properties
• Claims on deliveries
• Claims against associated companies

Note: This field is enabled only if the Posting Method field is set to Advance Payment.

Currency

The code of the currency that is used for the standing order payment.

Rate Determiner

The rate determiner that is used for the standing order.

Allowed values

Document Date

LN uses the rate that is valid on the date and time on which the documents are created. The Document Date rate determiner applies to all types of transactions. You can manually change the rate.

The rate is updated by Invoicing when the invoice is posted.

Manually Entered

You can manually enter the rate. By default, LN uses the rate that is valid on the date and time on which the documents are created. The Manually Entered rate determiner applies to all types of transactions.

Delivery Date

If the goods are not yet delivered, LN uses the rate that is valid on the order date. However, if this order date is in the past, LN uses the rate that is valid on the current date.

If the goods are delivered, LN uses the rate that is valid on the actual delivery date.

The Delivery Date rate determiner only applies to sales orders, service orders, and sales invoices. You cannot manually change the rate.

Receipt Date

LN uses the rate that is valid on the date and time on which you expect to receive the goods. The Receipt Date rate determiner only applies to purchase orders and purchase invoices. You cannot manually change the rate.

Expected Cash Date

LN uses the rate that is valid on the date and time at which payment of the sales invoice or purchase invoice is expected.

Expected cash date = expected delivery/receipt date + payment period 

The payment period is specified in the Payment Terms (tcmcs0113s000) session. The Expected Cash Date rate determiner applies to all types of transactions. You cannot manually change the rate.

The rate is updated by Invoicing when the invoice is posted.

Fixed

You can use this rate determiner only for a dependent currency system or a single currency system. The Fixed rate determiner applies to all types of transactions.

If you manually enter the rates between the transaction currency and the reference currencies, the rate is fixed. If you do not manually enter the rates, the rate is not fixed and LN uses the rate that is valid on the date and time on which the documents are created.

Fixed Hard

You can use this rate determiner only for an independent currency system. The Fixed Hard rate determiner applies to all types of transactions.

If you manually enter the rate between the transaction currency and the reporting currencies, the rates are fixed. The local currency rate is based on the document date of the actual document.

If you do not manually enter the rate between the transaction currency and the reporting currencies, the rates are not fixed and LN uses the rates that are valid on the date and time on which the documents are created.

Fixed Local

You can use this rate determiner only for an independent currency system. The Fixed Local rate determiner applies to all types of transactions.

If you manually enter the rate between the transaction currency and the local currency, the rate is fixed. The other rates are based on the document date of the actual document.

If you do not manually enter the local currency rate, the rate is not fixed and LN uses the rate that is valid on the date and time on which the documents are created.

Fixed Local and Hard

You can use this rate determiner only for an independent currency system. The Fixed Local and Hard rate determiner applies to all types of transactions.

If you manually enter the rate between the transaction currency and the home currencies, the rates are fixed. The local currency rate is based on the document date of the actual document.

If you do not manually enter the rates between the transaction currency and the home currencies, the rates are not fixed and LN uses the rates that are valid on the date and time on which the documents are created.

Rate

The exchange rate used to convert the amount in the transaction currency to the home currency.

Rate Factor

The value by which the currency exchange rate must be divided to convert foreign currency amounts to home currency.

Rate

The currency exchange rate used to convert the currency.

Transaction Amount

The order amount is the total amount of the selected standing order, expressed in the currency defined in the Currency field.

Amount in HC

The total amount of the standing order expressed in home currency.

Home Currency

The code of the home currency in which the total order amount is expressed.

Tax Country/Code

The code of the tax country of the transaction.

Note: This field is enabled only if the Posting Method field is set to Advance Payment.

Tax Code

The tax code applicable for the transaction.

Note: This field is enabled only if the Posting Method field is set to Advance Payment.

Group Tax Code

If this check box is selected, the tax code used for the transaction is a group tax code.

Classification

The code of the classification scheme used for taxable transactions associated with the standing order.

Classification Code

The classification code used for taxable transactions.

Pay-to Business Partner

The code of the pay-to business partner associated with the standing order.

Name

The name of the pay-to business partner.

Pay-to Address

The code of the address of the pay-to business partner.

Name

The name of the address of the pay-to business partner.

Buy-from Business Partner

The code of the buy-from business partner associated with the standing order.

Name

The name of the buy-from business partner.

Reference

The reference text that appears in the standing order details.

Variable Symbol

The 10 digit numeric code that represents the reference to the payment information, which is to match the payment to credit, contract or payer.

Specific Symbol

The 10 digit numeric code that represents the classification of incoming payments.

Constant Symbol

The 4 digit numeric code that represents the purpose for payment.

Tax Declaration Number

If LN generates the standing order to pay a tax declaration, this is the tax declaration number.

Standing Order Status

The status of the standing order.

Allowed values

Free

Selected

Anticipated

Paid

Canceled

Not Applicable

Budget Exception

If this check box is selected, a budget exception or an error is occurred in the Posting Data of Standing Orders/Stand-Alone Pmt (tfcmg1515m000) session.

To resolve the issue, you can decrease the amount, or use a different budget account by changing the ledger account and/or dimensions. If no error has occurred in this area, the budget controller must resolve the exception. In case of a setup error, the error must be corrected in the area in which it is caused.

Note: This field is displayed only if the Budget Control functionality is implemented.

Payment Details

Payment Details

Payment Method

The payment method that must be linked to the standing order. You can select a payment method only if the Kind of Payment/Receipt field is other than Trade Note in the Payment/Receipt Method (tfcmg0140s000) session.

Business Partner Bank

The code of the bank relation of the one-time business partner specified in the One-Time Business Partner's Address (tfcmg1508m000) session.

Account

The bank account of the business partner.

IBAN

The international bank account number of the business partner.

Reason for Payment

The code of the reason for foreign payment, defined in the Reasons for Payment (tfcmg0130m000) session.

Purchase Type

The purchase type associated with the standing order.

Additional description code

The code of an additional description defined in the Additional Description by Reason (tfcmg0131m000) session.

Note: This field is displayed and enabled only if:

• The Reason for Foreign Payment check box is selected on the Miscellaneous tab of the CMG Parameters (tfcmg0100s000) session.
• The Use Additional Description check box is selected in the Reasons for Payment (tfcmg0130m000) session, for the reason code associated with the standing order.

Additional Description

The text of an additional description defined in the Additional Description by Reason (tfcmg0131m000) session.

Note: This field is displayed and enabled only if:

• The Reason for Foreign Payment check box is selected on the Miscellaneous tab of the CMG Parameters (tfcmg0100s000) session.
• The Use Additional Description check box is selected in the Reasons for Payment (tfcmg0130m000) session, for the reason code associated with the standing order.

Cash Flow Reason

The code of the cash flow reason of the transaction associated with the standing order.

Single Payment

If this check box is selected, the standing order amount is not paid in installments.

Planned Payment Date

The planned payment date of the standing order. This date is used as the due date for generating payment advice.

Note: This field is enabled only if the Single Payment check box is selected.

Amount Paid in HC

The amount paid on standing order expressed in home currency.

Payment Document

The transaction type of the payment document associated with the standing order.

Payment Document

The serial number of the payment document associated with the standing order.

Transaction Template

The transaction schedule for the standing order.

The transaction schedule determines the contra accounts and dimensions for the standing order.

This field is applicable only if the Standing Order Status field is set to Free.

Copy Options

Copy Payment Schedule

If this check box is selected, the payment schedule of the current standing order is copied to a new order.

Note: This field is applicable only in the copy mode.

First Payment Date

The first payment date for the new standing order.

LN calculates the remaining payments dates on the basis of the payment schedule specified in the original order.

Example

The payment schedule of the original standing order has these payment dates:

2011-01-01, 2011-03-01, 2011-04-01.

If this payment schedule is copied, for the new order whose first payment date is 2011-03-01, LN generates these payment dates:

2011-03-01, 2011-03-29, 2011-04-30.

Note: 

• This field can only be accessed in copy mode.
• You can modify the standing order data only if the Standing Order Status field is set to Free.

Dimensions

Control Account

The code of the ledger account associated with the standing order.

Dimensions

The dimensions for which the ledger account data must be defined.