Payment Differences in SAP FICO

Payment differences can occur when clearing open items if, for example, a customer does not pay enough or takes an unauthorized cash discount. If the difference is immaterial, you will usually clear the receivable and post the difference. You can determine how to post possible payment differences as follows:

• If the payment difference is immaterial, you can have the system automatically adjust the cash discount or post the difference to a separate gain or loss account. You have to specify the maximum amount of any differences that can be posted in this way by setting amount tolerances and percentage limits.

• If the payment difference exceeds the tolerances you set, you can process the payment as a partial payment or enter a residual item for the difference. When entering a partial payment, the system does not clear the receivable, but posts the payment with an invoice reference. When creating a residual item, the system clears the original receivable and posts the outstanding difference as residual item to the customer account.

See also:

Differences Within Tolerance Limits

Differences Outside Tolerance Limits

Reason Codes