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SIMG_T042E_KR - Define BoE Due Date Determination by Industry

South Korea: Make settings for how the system determines the bill of exchange (BoE) due date for your vendors, based on how you classify them - as a small business or midsize company (SME) or a large enterprise (LE), and by their industry.

In this configuration step, you make settings for how the system determines the bill of exchange (BoE) due date for your vendors, based on how you classify them - as a small business or midsize company (SME) or a large enterprise (LE), and by their industry.

You have maintained the industry key in the Maintain Business Partner app.

1. Specify your company code.
2. Select the appropriate industry key for the vendor type you are maintaining this entry for (SME or LE).
3. Enter the number of days for BoE due date determination, for either SMEs or LEs.
4. If the vendor type is classified as SMEs, select the BoE Due Date checkbox; if the vendor group is classified as LEs, do not select the checkbox.
5. Save your entries.