To Whom it may concern,
To clean up the usage of so many different payment terms (currently there are 5.057 different payment terms on PMD available) the “Payment Term Lifecycle” Functionality was implemented in the system.
Within this development it is possible to allow several payment terms but also define to set the payment term to “phase-out” or “inactive”.
This can be done on several levels:
1. Global
2. System-Wide
3. Company Code – level
Customer Maintenance
For the customer maintenance it is also possible to maintain a status on Sales Organization level.
Each Subgroup defined a set of valid payment terms that can be used. Those were maintained on System or Company Code level for the BHC-systems, PBC, P1P and P4S.
Vendor Maintenance:
For the vendor maintenance it is also possible to maintain a status on Purchasing Organization level.
The basis for that is the Global Procurement List provided by the Procurement Community (list). All payment terms in this list are allowed – all others are in status “phase-out” which leads to a warning when you want to change the vendor. The vendor can still be saved.
Conclusion:
There will be no issue or change for the maintenance of Vendor or Customer Master Data.
Later on there will be a step-by-step cleansing process to streamline the available payment terms.
In case of questions please contact:
• For Vendor Payment Terms: Jens Peter Henriksen (Jenspeter.Henriksen@Bayer.com)
• For BHC Customer Payment Terms: BHC-CredM-Support (bhc-credm-support@bayer.com)
• For BCS Customer Payment Terms: Please contact your local Credit Management or Global Risk Management (Mrs. Christina Mai; Christina.Mai@Bayer.com)
• For BMS Customer Payment Terms: BMS-MD-GLOB (bms-md-glob@bayer.com)