What is residual payment and part payment?
Answer Posted / 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.
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cost accounting cost of ordering raw materials 1000 per order packing material 5000 per order cost of inventory raw material 1p. per minute packing material 5.p. per unit p.m production rate 200000 units per month
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