Answer / sarfaraz

Residual payment: it clears the original invoice with incoming payment & create new line item for balance payment.

Partial payment:it leaves the original invoice & clears the incoming payment.original invoice & partial payemnt remain open.

Answer / rajesh 20pute

Partial Payment :- When you make a partial payment, it does
not clear your invoice. Both the original invoice entry and
the payment entry will be shown in the customer/vendor
account as open items.

Residual Payment :- In case of residual payment, even
though a part of the invoice amount is paid, it clears the
original invoice. System will create a new document for the
balance amount and this document will be shown as open
item. The original invoice document and the payment
document will be shown as cleared items.

Answer / venkat naveen

if any customer has taken 100000 credit sale from company now he is ready to pay for 50000 that is part payment later he can pay remaining 50000

if any customer out of 10000 credit sale he pays 99000 he does not pay 1000 because of damage of goods or what ever then we have to adjust our money in our books like transport charges what ever

What is the difference between the chart of account view and company code view when maintaining a gl account?

0 Answers  

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WHAT IS CHART OF ACCOUNTS?

5 Answers  

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How does firstlogic’s global data quality connector for sap systems work?

0 Answers  

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Hi Gurus, I have faced a problem while trying to post a withholding tax. I configure the withholding tax fully and after that i have also assigned it to vendor of my company code.When i'm posting that vendor a/c with withholding tax, the tax has been calculated, but when i'm trying to post it delivers an error message to me- i.e. "could not determine the year for TDS certificate number range". Plz, help me out from this.

1 Answers  

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Explain asset acquisition? : fi- asset accounting

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Hi, Need a interview question and answer for different company's please revert me soon Yash

0 Answers   Accenture, IBM,

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How many normal and special periods will be there in fiscal year, why do you use special periods?

0 Answers  

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6) What are the entries in P to P ? if freight charges incurred what will be the entry ?

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0 Answers  

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what is depreciation? what are depreciation methods? please explain those method? can any one reply urgently?

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If the Interviewr asks tell me about ypur projects then how should i give the answer

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Define the relationship between controlling area and company code?

0 Answers  

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