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How to monitor partial payment

Former Member
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Dear All:

In my case, I always pay more money for original AR because I forgot partial payment had been done before. How I monitor AR overpayment when past partial payment exist?

Thanks for the help suggestion first. Sorry for error description above.

1.first for specific overdue analysis policy of company, we use partial payment.

2.And then the question comes. According to contract item, we send invoice to customer only once and receive payment in several step. Each time income received, we use partial payment to clear the AR (to relate payment with original AR). But one customer may have some contracts with us, it always pay for all contract in certain amount at one time. We shall manually divide amount for each contract. If user forgot one contract was paid partially before, he may clear the AR totally at sencond time and then the first payment will still outstanding in open item. Finally we can find many partial payments received but can't refered to any invoice.

So we are finding a way to control AR clearing to check whether partial payment exist and if the total amount is over original invoice it couldn't be cleared.

Thanks to give me some suggestion.

Message was edited by:

Tommy shi

Message was edited by:

Tommy shi

Message was edited by:

Tommy shi

Accepted Solutions (0)

Answers (5)

Answers (5)

Former Member
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Yes. I think I'v found the way.

I went into option edition for open item and tick the selection of "include invoice reference". Then when I select the open item, it will automaticly choose related items which refer to this item. The gap is what I need to pay.

Thanks for all your suggestion.

Former Member
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Hi Tommy,

Could you make me clear, using which T.Code how you have perforomed.

Appreciate your Inputs,

Rgds,

Vyas

Former Member
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Hi vyas,

You can run T-code which relate open item posting such as F-04,F-30,F-28,etc. and go to menu "settings-->editing options". You can find this selection in label open items

Former Member
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Hi...

You always have the otion of displaying vendor/customer balances(FK10N/FD10N) to find out the balances and the vendor/customer line items(FBL1n/FBL5N)

When you pay your vendors select residual payment so that the system will select the residual item remaining to be paid to avoid any confusion.

Its a good business procedure that you should not be paying your vendors more unnecessarily.

Regards

Aravind

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Former Member
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Hi,

Using T.code:OBY6,go to the "Co/code-global parametrs" and tick the "Enable Amount split" indicator.

Once you do this,you will be able to play with the partial payments.

Hope this helps.

Regards,

Ramesh.

Former Member
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When you say AR it is receivable for you.

When you say "I always pay more money for original AR" you are paying to your vendor.

So please clearly tell whether you are making payment to your vendor (AP) or

receiving payments from (AR)

regards

Chandrasekaran

Former Member
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Better you go for residual payment. In this case you will not pay more than original invoice value