What is the advantage of using Residual Payment method for
vendor clearing and also using Partial Payment method.Which
one is most suitable? Plz. give the explanation.
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Answer Posted / satish kumar gunda
Partial payment means paytial partial amount of total
amount due, and the remaining amount the expected in future
then total amount is paid..
But Residual payment means, paying amount partially but the
remaining amount is not expected hence this is written off
with a reason code.
Satish
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