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Partial & Residual Clearing Line Items

This course will help you understand how to clear customer line items in both Partial and Residual using TCode F-28 in SAP

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About this course

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description
lessonOverview

You pay a vendor in instalments? Do you clear the vendor invoice in part or leave the entire invoice open in the system until full payment is received? SAP allows users to select any of these options via the Residual and Partial Payment functionality.

SAP partial and residual payments are useful for processing partial incoming and outgoing payments. These methods have the same effect on vendor or customer account balances, but they have different effects on financial document line items.

The initial invoice and payment items remain on the account when a partial payment is made. A residual payment, on the other hand, results in a new document with a reference to the original document.

In SAP, you will learn about partial and residual payments, as well as the distinctions between them. We'll show you how to enter incoming payments by posting partial and residual payments in the transaction.

instructor
name title image description
Editor www.highako.com Highako.com is a video-first microlearning platform trusted by over 10,000+ Credit and Collections professionals.
Drive skill growth with role-specific, expert video lessons.
Measure practical expertise through hands-on assessments.
Connect and collaborate with the largest credit community and get access to ready-to-use templates.
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Curriculum

  • Partial & Residual Clearing: Overview
  • Partial & Residual Clearing: Overview
  • Clearing Line Items: Partially
  • Clearing Line Items: Partially
  • Clearing Line Items: Residual
  • Clearing Line Items: Residual
  • Certificate & Feedback
  • Final Assessment
  • Certificate & Feedback

About this course

promoImage
description
lessonOverview

You pay a vendor in instalments? Do you clear the vendor invoice in part or leave the entire invoice open in the system until full payment is received? SAP allows users to select any of these options via the Residual and Partial Payment functionality.

SAP partial and residual payments are useful for processing partial incoming and outgoing payments. These methods have the same effect on vendor or customer account balances, but they have different effects on financial document line items.

The initial invoice and payment items remain on the account when a partial payment is made. A residual payment, on the other hand, results in a new document with a reference to the original document.

In SAP, you will learn about partial and residual payments, as well as the distinctions between them. We'll show you how to enter incoming payments by posting partial and residual payments in the transaction.

instructor
name title image description
Editor www.highako.com Highako.com is a video-first microlearning platform trusted by over 10,000+ Credit and Collections professionals.
Drive skill growth with role-specific, expert video lessons.
Measure practical expertise through hands-on assessments.
Connect and collaborate with the largest credit community and get access to ready-to-use templates.
recommendation
image tag title description link duration
Credit Scoring Credit Scoring Rules and How to Configure them in SAP Learn to configure credit scoring rules in SAP. Learn how to create credit segments, define rating procedures and scoring formulas in SAP credit management. https://academy.highako.com/credit-scoring-rules-and-how-to-configure-them-in-sap-course 20 Mins
Credit Scoring Credit Scoring in SAP Credit Management Module Course on SAP Credit Limit Scoring to train you on SAP for credit checks, order blocks for low & high-risk categories in SAP FSCM and SD Module. https://academy.highako.com/credit-scoring-in-sap-credit-management-module-course 20 Mins
KPIs and Reporting SAP S/4 HANA Credit Management Reporting and Analytics Course on SAP S/4 HANA capabilities for trade credit management and analytics to track credit blocks, risk exposure, and aging reports. https://academy.highako.com/sap-s4-hana-credit-management-reporting-and-analytics-course 40 Mins
tribe  

Curriculum

  • Partial & Residual Clearing: Overview
  • Partial & Residual Clearing: Overview
  • Clearing Line Items: Partially
  • Clearing Line Items: Partially
  • Clearing Line Items: Residual
  • Clearing Line Items: Residual
  • Certificate & Feedback
  • Final Assessment
  • Certificate & Feedback