Clearing Open Items

[Former Member]

Dear Friends,

This is an issue regarding clearing of open item.

When a Business Partner pays an excess amount over the Open invoice items, it should normaly post it as a payment on Account.

Any excess payment paid by the Customer Consumption Charges are getting settled against the next instalment due, which in turn should not happen. Excess payment made by any Customer against Bill should reflect as Payment on Account, and should get reflected as Credit amount in his next bill getting generated.

But in our case, the excess amount is getting adjusted against the Installment plan amount for the next month. The Client needs the excess amount to be shown as payment on account rather than clearing the next month's installment plan.

The grouping/sorting settings has been done based on Due date.

Can anybody throw some light on the same?

Thanks and Regards,

Rajesh

[murtuza_chhatariya]

Try putting a clearing restrictions on intallment due amounts. It will then not allow open credit to be adjusted on it. There is one Clearing restriction "Items cannot be processed until next regular invoice", which can be applied on installments.

Thanks,

Murtuza

[AmlanBanerjee]

Hi Rajesh,

I would suggest you to place clearing locks on the individual instalment plan line items until each of them is due based on the individual instalment plan line item due dates.

So, if in case, excess payment comes in, it will not clear the instalment plan line items which are not due and will sit as payment on account, if there is no other debt against the account.

Subsequently this will be reflected as excess payment on the customer's next invoice.

You can place clearing locks during the instalment plan creation using event 3040.

Hope it solves your query.....

Thanks,

Amlan

[ivor_martin]

Hi,

In your clearing Variant, you must ensure that you are selecting the characteristic ''Item is Due'' in your clearing steps.

This will not clear future dated items. If you wish to administer this rule only for Installment Plans then you can further specify by Main Transacation ''0080'' and define the ''Item is Due'' to be particular only to Installment Plan items.

Ivor Martin