Partial Payment Clearing

[former_member253084]

Hi SAP,

When we clear partial payment, system does reduce the Open payable and it even allows more payments than what is owed.

When we clear residual payment, system creates the open balance as of posting date and you lose the aging information.

For example, the open payable is 100,000 with due date 12/31/2014.

We want to apply partial payment of 50,000 on 3/31/2015. If we apply partial payment, system leaves 100,000 as open. If we do residual payment, system closes 100,000 and creates an entry for 03/31 with 50,000.

Is there a way to close the payment partially as of the original posting date and leave the balance open. Ideally, we need to see a open balance of 50,000 as of 03/31/2015.

Regards,

Bhaskar Reddy.S

[former_member198650]

Hi Bhaskar,

If you want to calculate due date for residual item based on invoice posting date, then you have to select the check box "Payment term from invoice" under specification for posting residual item for payment differences in OBA3. If you select it, then when you do residual clearing, system will default the payment terms & base line date from the invoice.

Regards,

Mukthar

[former_member184580]

Hi Bhaskar,

As standard, you have the option to show partial payment with invoice(100000) and payment(50000) as open items, Residual payment with cleared item 50,000/-. The aim of Partial payment is to get the balance amount and clear it of invoice and payments. The aim of Residual clearing is to raise the credit/debit note and clear it of. The best method in clearing is Partial clearing since it shows the due date correct. If you go with residual clearing it shows the due date as clearing invoice date where it is wrong.

Regards,

Prasad