Vendor Payment | Gaurav Consulting

Payment Terms in SAP S/4 HANA

Payment terms are the conditions agreed upon between a company and its business partners regarding the payment of invoices.

Jul 17, 20243 min read

The Procure to Pay (P2P) process is a series of steps that a company follows to acquire goods or services from external suppliers.

May 7, 20244 min read

Partial payment refers to paying only a portion of an invoice or bill, Residual payment involves paying part and leaving Balance paid later.

Apr 12, 20243 min read

An advance payment received from a customer or an advance payment made to supplier, part of full payment and rest of money paid later.

Apr 12, 20244 min read