2735744 - Difference between Payment Terms 1028 and 1029

You want to know the difference between payment terms 1028 and 1029.

1028: 30 days from Invoice Date, End of month

1029: End of Month of Invoice Date, 30 days

SAP Business Bydesign

Taking few examples to show the difference.

For 1028, 30 days from Invoice Date, End of month:
We first go to 30 days from invoice date and then we go to end of month of this date to find the due date. Below are some examples:

• If Invoice date = 01/12/2018 then, 30 days from invoice = 30/12/2018 End of month of this date = 31/12/2018 So, Due date = 31/12/2018
• If Invoice date = 02/12/2018 then, 30 days from invoice = 31/12/2018 End of month of this date = 31/12/2018 So, Due date = 31/12/2018
• If Invoice date = 03/12/2018 then, 30 days from invoice = 01/01/2019 End of month of this date = 31/01/2019 So, Due date = 31/01/2019

For 1029, End of Month of Invoice Date, 30 days:
We first go to the end of month of that invoice date and then add 30 days to it to get the due date. Below are some examples:

• If invoice date = 01/12/2018 End of Month of Invoice Date = 31/12/2018 30 days from this date = 30/01/2019 So, Due date = 30/01/2019
• If invoice date = 02/12/2018 End of Month of Invoice Date = 31/12/2018 30 days from this date = 30/01/2019 So, Due date = 30/01/2019
• If invoice date = 03/12/2018 End of Month of Invoice Date = 31/12/2018 30 days from this date = 30/01/2019 So, Due date = 30/01/2019

Payment Terms, 1028, 1029, 付款条件 , KBA , AP-DUE-DP , Due Payment , Problem