What is residual payment and part payment?

Answers were Sorted based on User's Feedback



What is residual payment and part payment?..

Answer / kiran konujula

partly payments are the payments that can be posted to an
account without open items being cleared.orginal open items
(credit invoice amount)and partly payment remains in open
item category.

but where as
residual item are the payments that can be posted to an
account with open items being cleared.new open item is the
result of difference betweem orginal open item and partly
payment

Is This Answer Correct ?    41 Yes 3 No

What is residual payment and part payment?..

Answer / dee

residual payment means it clears the invoce amount for
incoming payment.and ceate line time for remaing
outstanding amount.

part payment means it leaves the orignal invoice to carate
the new line for incoming amount.

Is This Answer Correct ?    45 Yes 9 No

What is residual payment and part payment?..

Answer / venkat

residual payment mean incomeing payment clear the original
invoice amount and create the new line item for out
standing amount

partpayment mean it leaves the original invoice amont and
it create the new line item for incoming amount

Is This Answer Correct ?    9 Yes 4 No

What is residual payment and part payment?..

Answer / soumya sahoo

Residual Payment: An example: If the amount is for Rs 100 to be paid but paid Rs 75 then then at the time of clearing the line items it will be get cleared and on more line item for Rs 25 remains open.

Partial Payment: An example: if the same amount of Rs 100 needs to be paid a but the payment is done for Rs 75 then after making a payment of Rs 25 we can clear the total line items.

Is This Answer Correct ?    5 Yes 0 No

What is residual payment and part payment?..

Answer / mohammad amjad farooq

residual amount is the amount which is remaining payable
against the invoice after adjusting the paid amount showing
only single line as a open item.

Partial payment:if you are appling the payment through
partial payment, system will keep the original invoice as a
open item and show the paid amount as a second line against
the invoice with clearing document number.

Is This Answer Correct ?    3 Yes 3 No

What is residual payment and part payment?..

Answer / balu

when we use partial payment ,we can see invoice line item and partial payment line item ,in contrast residual payment ,in the line items ,it will show only due amount only(it will not show residual payment line item).

Is This Answer Correct ?    0 Yes 1 No

What is residual payment and part payment?..

Answer / satish

If payment is made for less than the required amount, it is
part payment and balance left after this payment is due as
residual payment. Say if payable amounts is Rs.100/- and
Rs.75 is paid, then Rs. 75 is part payment and Balance Rs.
25 is residual payment due.

Is This Answer Correct ?    8 Yes 22 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

why it is not able to post to a customer a/c in a previously closed'period'?

9 Answers   HP,


How do you configure manual bank statement?

0 Answers  


could any post the real time issues related to FICO.

0 Answers   Accenture,


I have set up 2 Banks suppose 1)ICICI and 2)SBI and I want to print.. the passbook for both ...where we customise these settings (T.code) ?

1 Answers  


Can we re issued a canceled cheque in SAP?

2 Answers  






What are the tables will deal a sap fico consultant?

8 Answers  


i am getting error that"there is no item category assigned to account no(any account no)company while save the entries in gernal ledger, i able to simulate the entries but not to saved, i am using 6.0ecc version. so some one gave answer that"you activated document splitting for that u have to assign the item category for that g/l other wise u can deactive in docment splitting as per co code level".so pleaze any one tell me the path or method to how to deactive document splitting as per co code lever

5 Answers  


Can we maintain different fiscal year for Asset Accounting?

1 Answers   Cap Gemini, IBM, Wipro,


master data of fi -gl , fi-ap,fi-ar,fi-as

1 Answers   CIQ, IBM,


In SAP where should we maintain the Company Register Number.

2 Answers   TCS,


WHICH TYPE OF PROBLEMS WE CAN FACE IN CO SUPPORT PROJECT? IT IS LITTLE BIT URGENT PLEASE REPLAY ANY ONE ASAP?

0 Answers   Satyam,


Describe organisational structure in sap ?

0 Answers  


Categories
  • SAP Basis Interview Questions SAP Basis (1262)
  • SAP ABAP Interview Questions SAP ABAP (3939)
  • SAPScript Interview Questions SAPScript (236)
  • SAP SD (Sales & Distribution) Interview Questions SAP SD (Sales & Distribution) (2716)
  • SAP MM (Material Management) Interview Questions SAP MM (Material Management) (911)
  • SAP QM (Quality Management) Interview Questions SAP QM (Quality Management) (99)
  • SAP PP (Production Planning) Interview Questions SAP PP (Production Planning) (523)
  • SAP PM (Plant Maintenance) Interview Questions SAP PM (Plant Maintenance) (252)
  • SAP PS (Project Systems) Interview Questions SAP PS (Project Systems) (138)
  • SAP FI-CO (Financial Accounting & Controlling) Interview Questions SAP FI-CO (Financial Accounting & Controlling) (2766)
  • SAP HR (Human Resource Management) Interview Questions SAP HR (Human Resource Management) (1180)
  • SAP CRM (Customer Relationship Management) Interview Questions SAP CRM (Customer Relationship Management) (432)
  • SAP SRM (Supplier Relationship Management) Interview Questions SAP SRM (Supplier Relationship Management) (132)
  • SAP APO (Advanced Planner Optimizer) Interview Questions SAP APO (Advanced Planner Optimizer) (92)
  • SAP BW (Business Warehouse) Interview Questions SAP BW (Business Warehouse) (896)
  • SAP Business Workflow Interview Questions SAP Business Workflow (72)
  • SAP Security Interview Questions SAP Security (597)
  • SAP Interfaces Interview Questions SAP Interfaces (74)
  • SAP Netweaver Interview Questions SAP Netweaver (282)
  • SAP ALE IDocs Interview Questions SAP ALE IDocs (163)
  • SAP Business One Interview Questions SAP Business One (110)
  • SAP BO BOBJ (Business Objects) Interview Questions SAP BO BOBJ (Business Objects) (388)
  • SAP CPS (Central Process Scheduling) Interview Questions SAP CPS (Central Process Scheduling) (14)
  • SAP GTS (Global Trade Services) Interview Questions SAP GTS (Global Trade Services) (21)
  • SAP Hybris Interview Questions SAP Hybris (132)
  • SAP HANA Interview Questions SAP HANA (700)
  • SAP PI (Process Integration) Interview Questions SAP PI (Process Integration) (113)
  • SAP PO (Process Orchestration) Interview Questions SAP PO (Process Orchestration) (25)
  • SAP BI (Business Intelligence) Interview Questions SAP BI (Business Intelligence) (174)
  • SAP BPC (Business Planning and Consolidation) Interview Questions SAP BPC (Business Planning and Consolidation) (38)
  • SAP BODS (Business Objects Data Services) Interview Questions SAP BODS (Business Objects Data Services) (49)
  • SAP BODI (Business Objects Data Integrator) Interview Questions SAP BODI (Business Objects Data Integrator) (26)
  • SAP Ariba Interview Questions SAP Ariba (9)
  • SAP Fiori Interview Questions SAP Fiori (45)
  • SAP EWM (Extended Warehouse Management) Interview Questions SAP EWM (Extended Warehouse Management) (58)
  • Sap R/3 Interview Questions Sap R/3 (150)
  • SAP FSCM Financial Supply Chain Management Interview Questions SAP FSCM Financial Supply Chain Management (101)
  • SAP WM (Warehouse Management) Interview Questions SAP WM (Warehouse Management) (31)
  • SAP GRC (Governance Risk and Compliance) Interview Questions SAP GRC (Governance Risk and Compliance) (64)
  • SAP MDM (Master Data Management) Interview Questions SAP MDM (Master Data Management) (0)
  • SAP MRS (Multi Resource Scheduling) Interview Questions SAP MRS (Multi Resource Scheduling) (0)
  • SAP ESS MSS (Employee Manager Self Service) Interview Questions SAP ESS MSS (Employee Manager Self Service) (13)
  • SAP CS (Customer Service) Interview Questions SAP CS (Customer Service) (0)
  • SAP TRM (Treasury and Risk Management) Interview Questions SAP TRM (Treasury and Risk Management) (0)
  • SAP Web Dynpro ABAP Interview Questions SAP Web Dynpro ABAP (198)
  • SAP IBP (Integrated Business Planning) Interview Questions SAP IBP (Integrated Business Planning) (0)
  • SAP OO-ABAP (Object Oriented ABAP) Interview Questions SAP OO-ABAP (Object Oriented ABAP) (70)
  • SAP S/4 HANA Finance (Simple Finance) Interview Questions SAP S/4 HANA Finance (Simple Finance) (143)
  • SAP FS-CD (Collections and Disbursements) Interview Questions SAP FS-CD (Collections and Disbursements) (0)
  • SAP PLM (Product Lifecycle Management) Interview Questions SAP PLM (Product Lifecycle Management) (0)
  • SAP SuccessFactors Interview Questions SAP SuccessFactors (33)
  • SAP Vistex Interview Questions SAP Vistex (0)
  • SAP ISR (IS Retail) Interview Questions SAP ISR (IS Retail) (28)
  • SAP IdM (Identity Management) Interview Questions SAP IdM (Identity Management) (0)
  • SAP IM (Investment Management) Interview Questions SAP IM (Investment Management) (0)
  • SAP UI5 Interview Questions SAP UI5 (59)
  • SAP SCM (Supply Chain Management) Interview Questions SAP SCM (Supply Chain Management) (51)
  • SAP XI (Exchange Infrastructure) Interview Questions SAP XI (Exchange Infrastructure) (49)
  • SAP Cloud Platform Interview Questions SAP Cloud Platform (34)
  • SAP Testing Interview Questions SAP Testing (89)
  • SAP SolMan (Solution Manager) Interview Questions SAP SolMan (Solution Manager) (63)
  • SAP MaxDB Interview Questions SAP MaxDB (116)
  • SAP GUI Interview Questions SAP GUI (15)
  • SAP AllOther Interview Questions SAP AllOther (329)