2012 Mar 24 6:51 PM
Hi All,
As we know that SAP gives us standard transaction 0060/010 as 'Payment on account' to store the credit amount which can later be offsetted using account maintainence and adjusted against a receivable.
So, what is the usage of transaction 0060/0020 which is an Outgoing Payment on Account(Debit).In what cases is it used?
Appreciate your help.
Regards,
Richa Tyagi
2012 Mar 26 3:26 PM
Hi Richa,
When you post a negative payment on an account, (i.e. with a minus sign) either through a Payment Lot or Cash Desk, the Subtransaction 0020 will be triggered for Payment on Account (Debit).
Occasionally a Bank might send in an adjusting entry due to an error in processing a previous payment (for example, if a previously paid amount was incorrectly posted as too high).
I hope this helps answer your query.
Regards,
Ivor M.