Many FI consultants know how to configure the payment terms but some miss out on transporting the payment term description that appears on SD invoice. Sometimes payment terms are configured by SD consultants as well.
Things to remember:
Txn OBB8. Check the table T052U for translations. If the payment Term relates to customer then
Maintain the translations directly in the translation tool:
a) Start Transaction SE63.
b) Select the following menu option:
Translation -> R/3 -> Short texts
c) Application Entries -> TABL.
c) Specify ‘TVZBT’ as table name.
d) Maintain your translations here.
Refer SAP note 710252
The above is relevant to SAP 4.6C.