Which objects do you have to use to fulfil this requirement?
a. Tolerance groups for employees
and tolerance groups for document types
b. Tolerance groups for employees
and tolerance groups for customers/vendors
c. Tolerance groups for G/ L accounts
and tolerance groups for employees
d. Tolerance groups for G/ L accounts
and tolerance groups for customers/vendors
Which is the correct answer?
---
2) Which of the following statement is correct with regards to Residual payment processing?
a. It clears original invoice with
incoming amount and create new line item for remaining outstanding amount
b. It leaves the original invoice
amount and creates new line item for incoming amount
Which is the correct answer?
---
3) In which of the following processes do the original invoices remain as open items?
a. Residual payment
b. Partial payment
c. Charge off difference
d. Distribute difference
Which is the correct answer?
---
Answers:
1) b
2) a
Residual items occur when a payment is made for less than the actual amount outstanding. Essentially, you clear the original open item, and the system posts a new open item for the remaining amount.
Procedure
- To enter a residual item:
- Go to the Process Open Items screen.
- Choose the "Res. items" tab.
- In the "Residual items" column, enter the amount of the residual item.
- You can assign reason codes and reference information about the business partner to these residual items.
- Depending on the reason code, you can either post a new item to the business partner account or clear the difference.
- You can send a relevant payment notice to the business partner, based on the reason code.
Result
- When you post the document, the system records the document number, fiscal year, and item number of the original open item in the "Residual for" field.
- The residual item will either use the terms of payment from the original invoice or the predefined terms of payment.
- The payment terms used depend on the settings made for the tolerance group in the vendor master data.
- Residual items can be entered and processed using the mouse.
- If the remaining amount has to be assigned to a single item, this can be done automatically on the residual item screen.
