Baseline Date FICO

What is meant by a “baseline date” in SAP AR and AP ?

A: The baseline date is the date from which the payment

terms (specified in IMG transaction OBB) apply

Usually this is the document date on the invoice but can

also be the date of entry or posting date from the ledger

Rules for the Baseline Date 

To calculate the cash discount amounts and the due date of an invoice, the system requires a date from which it can apply the periods of the terms of payment. This date is the baseline date, which you enter in the field Baseline date in the line item.

For each payment term you define, you must specify a rule by which the system is to calculate the baseline date.

This rule consists of:

• A default value for the baseline date

• Further specifications for calculating the date

You set the default value for the baseline date by specifying whether you want it to be the document date, the posting date or the entry date of the document (see the figure above, 1.).

 If you do not want the system to default a date when you enter a document, you can set the appropriate indicator, in which case you must enter the baseline date manually during document entry.

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