Pay-to Business Partner Defaults (tccom3124m000)
Use this session to define the business partner defaults data for the pay-to role of the business partner.
Field Information
- Business Partner Default Level
-
The level at which the business partner defaults data is defined.
Allowed values
- Group/Country
- Group
- Country
- General
- Not Applicable
- Sequence Number
- The sequence number of the business partner defaults data.
- Department
- The code of the department that is linked to the business partner role. The financial data of the business partner for the pay-to role is registered in the financial company to which the department is linked.
- Business Partner Default Group
- The code business partner default group to which the business partner is linked.
- Country
- The code of the country for which the business partner defaults data must be defined.
- General
-
- Status
-
- Business Partner Status
-
The status of the business partner.
Allowed values
- Active
- Inactive
- Detailed
-
- Details
-
- Language
- The code of the language used for documents addressed to the business partner for the pay-to role. If the document is not available in the specified language, the document in the company language is used.
- Business Partner Signal
- The code of the signal associated with the business partner. This signal message is displayed when you specify a business partner code in an LN session.
- Business Partner Type
- The business partner type for which the defaults data must be defined.
- Vendor Rating
-
Indicates whether the vendor rating must be applied to the pay-to business partner.
Allowed values
- Yes
- No
- Not Specified
- Calendar Code
- The code of the calendar associated with the business partner.
- Paying
-
- Paying
-
- Currency
- The code of the default currency that is used to pay the business partner.
- Use Pay-to Business Partner Currency
-
Indicates whether the currency of the business partner is used for your payments to the business partner.
Allowed values
- Yes
- No
- Not Specified
- Exchange Rate Type
-
The code of the exchange rate type that is used for the purchases related to the business partner.
Note: This field is mandatory if the Business Partner Default Level field is set to General.
- Constant Symbol
- The constant symbol associated with the business partner.
- Bank Relation
- The code of the through which payments are performed to the bank of the business partner.
- Extra Days after Due Date
- The average number of days after the invoice due date when the cash transaction is performed. For example, the number of days required for the bank to transfer the amount.
- Bank Charge Borne by Supplier
-
Indicates whether you are liable for the bank charges related to the payment transfers.
Allowed values
- Yes
- No
- Not Specified
Note: If this field is set to No, LN calculates and posts the bank charges as sundry costs.
- Trade Notes
-
- Revenue Stamp Tax Applicable
-
Indicates whether revenue stamp tax is imposed on the documents that you exchange with the business partner.
Allowed values
- Yes
- No
- Not Specified
- Trade Note Division Method
-
The division method used by LN to divide the trade note amount based on the selected division method to generate 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.
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 for a transaction. The business partners inform you about the maximum number of trade notes required for a payment.