Pay-by Business Partner Defaults (tccom3114m000)
Use this session to define the business partner defaults data for the pay-by 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-by 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-by 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.
- Calendar
- The code of the calendar associated with the business partner.
- Paying
-
- Currency
- The code of the default currency that is used to pay the business partner.
- Exchange Rate Type
-
The code of the exchange rate type that is used for the sales purposes related to the business partner.
Note: This field is mandatory if the Business Partner Default Level field is set to General.
- Bank Relation
-
The code of the bank relation at which you receive payments from the business partner.
This bank relation is the default bank relation for direct debit advices.
- Block Settlement of Direct Debits with Purchase Invoices
-
Indicate whether the settlement of purchase invoices must be blocked in the direct debit, if the Settle Purchase Invoices check box is selected in the Select Invoices for Direct Debit (tfcmg4220m000) session.
Allowed values
- Yes
- No
- Not Specified
Note: By default, this field is set to Not Specified. - 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 money.
- Reminder Method
- The reminder method that is used for the business partner.
- Remit-to Address
-
The address to which the invoice must be paid instead of the address the business partner has registered for your organization. This address can be printed on the invoice as a reminder for the business partner.
For example, a remittance address is used when payment is done by postal check. This avoids loss of interest during the time before the check reaches your organization.
- Name
- The name associated with the address.
- Print Receipt Acknowledgement
-
Indicates whether the receipt acknowledgements must be printed for the business partner.
Allowed values
- Yes
- No
- Not Specified
- Vat on Cash Basis
-
Indicates whether you must receive a payment from the customer who has opted for VAT on cash basis and a separate receipt acknowledgement must be printed.
Allowed values
- Yes
- No
- Not Specified
- 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.