Terms of Payment in case of Residual Payment

Dear All
I have made a Terms of Payment K1 for my Customer. After making a residual payment, the terms of payment for the residual amount is coming by default 0004. But I want it should come from Original Invoice payment terms...
Please guide me.
Kanwaljit

Hi,
Goto the TCODE : OBA3
in that check the payment terms given in the "Specifications for posting residula item for payment differences" category. Remove the payment term and select the "Payment term from invoice"
VVR

Similar Messages

Customer statement with partial/residual payment

Hi,
I need to write the fuctional specs for customer statement. As per the requirement, customer wants all the payments received on a particular line item displayed in front of the the invoice amount. How which is the field I can use to total up the payments received for a particular open item.
thanks
Rose

Hi
In the case of residual payments, you will be getting new document number. So, you have to use the same.
SAP always takes care of these partial payments with the help of document number. It gets stored in the filed called invoice reference.
Help from SAP:Number of the Invoice the Transaction Belongs to
For line items which are related to another line item, this field contains the number of the partner document.
Use
In the standard system the field is used for:
Credit memos which refer to a particular invoice item
Subsequent invoices for an invoice item
Partial payments for an invoice item
Partial clearings of down payments.
In the first two cases mentioned, the terms of payment are copied from the cross-referenced invoice item into the item currently being processed. This ensures that items due on the same date are paid together by automatic payment.
A special rule applies to credit memos which have a "V" in this field. The due date is determined in the same way as for an invoice. If the field is empty (containing neither a document number nor a "V") the due date is the baseline date for payment.

Residual Payment vs. Partial Payment: Design considerations

We need to decide between implementing residual payment vs. partial payment. We will be implementing payment processing.
I would like to understand why one would choose one method over another?
What is the benefit of clearing original invoice and creating a new line item for the balance (as in case of residual payments)? There is a setting that allows user to capture the original invoice date at the time of payment processing while using residual payment, which I believe makes the residual payments same as partial payments, so again, why would one choose one method over another?
I would like to understand the benefits & limitations of each method.
How does the decision to implement a method get impacted if reason codes are to be implemented, which method would offer a better solution considering reason codes requirement?
Appreciate your inputs.

Hi,
In manual processing of incoming payments, it is of course the user who can make the decision to either make residual item, or a partial payment.
In automatic processing of incoming payments:
For electronic bank statements, payments that the system cannot match with open items will end up in post-processing; there the user can again choose either residual item or partial payment.
For electronic payment advices, I know that there is configuration to match customer information for payment deductions in the payment advice, with you own reason codes, and that based on the information the system can create the residual items automatically. Of course, this is only relevant if your customers actually send you electronic payment advices with such information included.
Regarding reason codes, you will always use reason codes with residual items; to indicate the reason for deduction for follow up in your A/R dept, and possibly to make use of the automatic write off (you can configure reason codes to automatically write off the payment deduction to some G/L account of your choosing; you would use that e.g. if the payment deduction is too small to bother).
For partial payment, you could use reason codes I guess, if you want to in that way mark the item for some reporting or follow up purpose.
Regards,
Rob

F-32 residual payment is affecting my ageing report.

When I am doing the residual payment using f-32 then we are getting two document generated out this, one for the incoming payment and the other for the balance amount as new invoice with new posting date, this is affecting my ageing report.
For Example: My old invoice is 01.01.2010 with 1000 USD, when I am applying the residual payment method on 08.03.2010 with 500 USD then two documents are generated out this, one for the incoming payment i.e. for 500 USD and the other for the balance amount as new invoice with new posting date i.e. 500 USD on 08.03.2010.
My original invoice ageing is under over 81 days, but when we applied the residual payment method then it got changed to less than 21 days, which is incorrect. When we analysis the issue and found that due the residual payment method we are getting this problem i.e. during this process new invoice which is generated ahs replaced my original invoice with the new invoice with new posting date, system is taking that as base and doing the ageing analysis. Which is incorrect?
We just want to have the original invoice date 01.01.2010 in the new document which is generated on 08.03.2010, so that this may not affect my ageing report.
Thanks a lot in advance.
Rajesh Kumar Mantri.

When you post a residual payment, SAP creates 1 document with 2 line items for the customer. One line item clears the original invoice and the other posts the difference (residual) as a new open item on the customer. With the settings in OBA3, you can transfer the baseline date and payment terms from the original invoice to the residual item. The baseline date is normally used for aging, so with the baseline date and payment terms transfer, the residual will have the same aging as the original invoice. Also, since the original invoice is cleared when a residual payment is created, it will not show on the aging.
If you want the original invoice to remain open, not cleared, after the payment, then you need to do a partial payment instead of a residual payment. With a partial payment, the original invoice and the payment will both be open items on the customer. The payment will reference the original invoice so that when the remaining payment is made, the two items will be cleared together.
Regards,
Shannon

Partial or Residual Payment

Hello folks,
I would appreciate some assistance on the following question. POINTS AVAILABLE.
<b>What is the difference between the Partial Payment and Residual Payment tabs in F-28 or F-52?</b> When do I use one versus the other?
Let's say for example that a customer owe's my client $50. This customer decides to pay a partial amount of $20. How do I enter this in F-28? Do I go to the Residual pmt tab and enter $20? Will the system recalculate what the customer owe's the client (which will now be $30)?
Thanks in advance!

Hi,
In case of partial Payment, payment made will create another open item. It will not be settled with an existing open item. Document against which the payment is partially made will remain open and and the amount partially paid will also remaim open. E.G.
Vendor X1 - open Item of 2000/-
Amount partially paid: 1000/-
Both the documents that is of 2000/- and 1000/- will remain as open item in vendor's account.
However, in case of residual payment, open item against which amount is paid partially, will be cleared and an open item will be created with balance amount and will have reference to the original document that can ve viewed in document flow.
E.g.
Vendor X1 - open Item of 2000/-
Amount partially paid: 1000/ with residual payment option
document with 2000/- open item will be cleared with document of 1000/- (payment document) and will create another document with 1000/- which will be remain open with reference to original document that is of 2000/-.
Hope this helps.
Please assign points as a way to say thanks.
Regards,

Link between Invoice and Residual payment

Hello dear all,
Is there any report that shows the invoice besides each incoming payment (in my case, residual payment) ?
For example:
Customer invoice: 1000
Partial payment 1 : 400
Partial payment 2 : 200
In FBL5N, i do not have the customer invoice number besides these two incoming payment. Is there any other report ?
Thanks

Dear,
This requirement can be filled with a custom report, you have to use the tables to get the required report.
Use the tables:
BSID-This table will list all the customer invoices
BSAD-This will list all your incoming payments against invoices.
Ex: If an invoice is raise 100, then this will be available in the table BSID. But after the payment the data will be cleared in BSID and will be available in BSAD.
But in case of residual payment, the original invoice will be cleared in BSID and will be available in BSAD. Here, a new document with the remaining balance of the invoice will be created and will be available in BSID. You can find the original invoice in invoice reference field.
This will be feasible tell your requirement to ABAPer based on the above.

Difference between Partial payment and residual payment

Hi,
What is difference between partial payment and residual payment and what is the effect of this payment on Payment Terms and Customer aging analysis report?
Can any body help me out.
Thanks & Regards
Amar Adam

Hi ,
We can take the example given by BSR
For ex. an amount of Rs.100000 outstanding invoice (let say 2000 is the invoice number) in customer account which has payment terms as ZPTERM.
you have recd Rs.25000/- while selecting the open items if you select partial payment the entry will be
Bank a/c dr. 25000
customer a/c cr. 25000
Let us say the document posted is 1000 , which is a partial payment document.
Now this document ages from the posting date, and the payment terms of the invoice are not inherited i.e. you cannot see the ZPTERM in the payment terms field for partial payment document.
Both the Invoice(2000) and Partial Payment(1000) documents remain as open items.
If you make a residual payment, you can see the payment terms ZPTERM in the residual document i.e. payment terms are inherited from the invoice.
And the baseline date is same as invoice date. so ageing of residual document is same as that of invoice.
In this case the invoice document 2000 is cleared and a new open item is created. you can check after posting the residual document, the baseline date and payment terms will be same as that of Invoice.
Hope this explanation will clear your doubts..
Regards,
Praisty

Exchange rate calculation in case of partial payment.

Dear All,
I have a case in which I need to calculate Exchange rate fluctuation on partial payment.
Example
Exchange Rate
01.04.2011   1USD = 40 INR
10.04.2011   1USD = 45 INR
01.05.2011   1USD = 50 INR
31.05.2011 1USD = 55 INR
Invoice Date = 01.04.2011 (1USD = 40 INR)
Purchase Ac Dr 100 USD
   To Vendor               100 USD
Partial Payment on 10.04.2011 of 20 USD
(10.04.2011   1USD = 45 INR )
Vendor Ac Dr 20 USD
    To Bank Cr 20 USD
Partial Payment on 01.05.2011 of 60 USD
(10.04.2011   1USD = 50 INR )
Vendor Ac Dr 60 USD
    To Bank Cr 60 USD
On 31.05.2011 (Month end Revaluation FAGL_FG_VAL)
(31.05.2011   1USD = 55 INR )
If we do the valuation you will find that system create Fluctuation on the basis of Rate maintain on 31.05.2011 .i.e 1 USD = 55 INR.
Ideally system should generate fluctuation at the time of partial payment only so in that case fluctuation will be less. And this is as per accounting standard also.
( I know partial payment is open item and system will not calculate exchange fluctuation in that case. But then this will be wrong practice.)
(If I go for residual payment in that case system will clear full invoice amount then and there and create exchange rate fluctuation of full amount which is also wrong).
Kindly Suggest
Bittu

Thanks Atif.
It mean that we have to show excess loss in our report, which is not actual.
SAP might be having some solution on this Issue as we cant show wrong B/S.
This is not a correct practice , hope you agree with me.
bittu

Foreign Exchange fluctuation rate is not showing in case of partial payment

Hi,
In case of foreign exchange collection from Customer through F-28 in partial payment "Exchange Rate Gain" or "Exchange Rate Loss" is not appearing in GL balance simulation or Customer balance report. Only in case of full payment from Customer then "Exchange Rate Gain" or "Exchange Rate Loss" is appearing in GL balance simulation. What is the reason ?
Regards,
Anindita

Hi
Even in the scenario described by you,
You can use both residual and partial payments
here is what would happen for partial /residual payment after you post the payment.
Partial payment
open items
Debit USD 500
Credit USD 200
No cleared items
Residual Payment
open items
Debit USD 300
cleared items
Debit USD 500
Credit USD 200
Credit USD 300
Regards
Sach!n

Limiting or control for Residual payment with reason codes

Hi FI Gurus,
When we are received or making payment to customer or vendor, sometimes we need to clear the invoice by receiving or making payments with small differences through residual payment. Is there any control for limiting residual payment.
Lets have an example
invoice posted for 1000
customer dr 1000
sales       cr 1000
Partial payment recd 500
cash/bank dr 500
customer cr   500
final payment received 350 and balanace amount adjusted with residual payment by defining reason code like rounding off difference. So in this case accounting entry will be
customer cr 350
rounding off diff 150
cash/bank 500
being final payment agaisnt invoice
My question:   Is there any way to restrict the residual payment like 10% or 20% of total invoice i.e. 100 or 200 and not more than 20% ? other wise sometime user may adjust any amount may be 100000 through this way by putting the same reason code, which is not fair.
I checked SPRO setting but i did not get anyt setting relating to above case.
If any body know, please let me know? Thanks in advance
Regards,
Prakash

Hi Lawerance,
Thanks for reply.
But I am looking for amount adjusted through residual with reason code. I dont think there is any limitation or control in the SPRO standard setting. Tolerance is preventing user to post document for more than a specific amount. But my question is something different.
I want to control the user for adjusting amount from residual tab with selecting reason code. In other words user should not adjust more than some limit with residual payment by selecting reason codes. Thanks.
Regards,
Prakash

Customer residual payment in F-28 urgent

Hi,
I am trying to create residual payment for customer in F-28. But when I post the payment of 50 $ against invoice of 300$ it is creating a invoice of 350$. So it is not reducing it & making it 250 for new residual invoice but creating a residual invoice for 350 $ . Tell me why its not creating a new residual invoice for
250.
please help..its urgent.
Thanks
Nik
Edited by: Nik Wallace on Jun 18, 2008 7:49 PM

generally what i do to post residual payment is goto F-28 enter the amount i want to post i.e in this case $50. fill all the fields like ref, bank acc#, customer acc# etc.
next click on process open items and then click on 'residual items' tab.
next double click on invoice you want to pay against so that it alone appears in blue and rest all other appears in black.
once you select the invoice you want to pay against, double click on the blank residual field. The field automatically gets filled with $50 you entered earlier and the difference postings become 0.
award pts if it is helpful
thanks
Edited by: prince light on Jun 18, 2008 9:17 PM

While doing F-32 residual payment - Two documents generated AB and RV

Hi all,
While Clearing partial payment with respect to Invoice thorough F-32 ( As residual )- Two documents generated AB and RV in development system.
where as in Quality and Production system there is only one AB document generated.
Is it standard behavior to generate AB and RV?
Customer don't what that RV document to be generated.

Hi,
This is one of the option given by SAP to manage your open items in case of partial payments. In this process when you go for residual payment, your original open item against which partial payment is made gets cleared & system automatically creates a new open item with the balance amount.
e.g you have an open item of Rs 10,000/- since 01.03.2014 & today i.e on 01.04.2014 you are making an payment of Rs 6,000/- against the said item & you opt for residual payment. In this case the original open item i.e Rs 10,000/- gets cleared & a new open item of i.e Rs 4,000/- get created . Note that this new open item created by the system will have the new document date (01.04.2014) and new baseline date, i.e here aging of your receivable/payable does not reflects the true picture.
But this is not the case when you opt for partial clearing method. In partial clearing method , the original open item is not cleared, instead both the items are shown as open items.
If you take the case of above example, after making the partial payment of Rs 6,000/- against Rs 10,000/- you will have two open items. One the original one of Rs 10,000/- since 01.03.2014 and another for Rs 6,000/- on 01.04.2014.In this case the aging of your receivable/payable shows the true picture.
Yes its a business decision ,which method to adopt.
Thanks & regards
Deepak

About customer residual payment's balance display

Hello experts,
I met a question about residual payment.
When I using F-28 to do a residual payment and generate a document like this.
Business process:Receive cash 2000
Customer receiviable 5000
e.g.:DR:customer 3000 PK:06
DR:Cash 2000 PK:40
CR:customer 5000 PK:15
My question is about line item (PK:06) customer 3000.
Why does it display in total of the credit postings for the month inFD10N ?
I feel confused because it is a debit item ,isn't it?
I think it should come in the debit posting in the month field........
Another question is that all the credit amount in sap display as negtative number and the debit is the positive number ,isn't it?
Thanks a lot.

Hi,
You should ideally apply customer invoices against collections in F-32. Whats happening in your case is all dependent upon clearing procedure for customers as defined in FBKP. When you clear a partial payment against invoice,system genrates AB document with debit balances for remaining amount if customer underpaid and if customer overpaid it will generate credit AB. SAP recognizes debit and credit with respect to S and H indicator. If customer balance is debit it will multiply it with positive 1 and vice versa for contrary. Hope this will help you.
Regards

Regarding Residual Payment logic

While runing AG report I need original invoice number for Residual Payment invoice amount
For eg., Invoice amount Rs.10,000, customer paid Rs.2000 after 2 month he paid Rs.3000 then after 3 month he paid Rs. 4000. If i run AG report i need original Invoice number as reference.
I need to inform to my technical team what is the logic in Residual payment and how we can bring the original invoice number in reference field

Hi,
For that you can create and assign installment process for that payment.
Go to the transaction OBB8,OBB9
Create Installment payment term and assign it.
May be this information is useful to you
If you have any doubt feel free to ask
Regards
Surya

Part payment and residual payment

hi sap gurus
i need the diff between part payment and residual payment, and what is the part payment and what is residual payment

Hi
Reply for difference between partial Payment and residual payment
Assumption: An expense of Rs.20000 is accounted.
Example of partial Payment
Step one. When the Vendor invoice posted
Exp           Dr     20000
      Vendor      Cr     20000
2nd step: At the time of payment If Partial payment method adopted.
               Vendor a/c              Dr 10000
        Bank Sub Account Cr 10000
Note :If you will go for vendor balance display , it will show both Debit and Credit balance in the vendor account.
(T Code FBL1n)
Example of residual Payment
Step one: When the vendor invoice is posted
Expenses A/c Dr   20000
Vendor    A/c Cr   20000
Step two: If residual payment method is applied
Vendor A/c                Dr          20000
Bank Sub Account Cr           10000
Vendor A/c                Cr          10000
Note: Here   the system will clear the original open item and create a new open item for balance amount which is not paid now. In this case it is difficult to know the reference of the original invoice. If you will go for vendor balance display it will show an open item of Rs.10000 only.
Assign points if you find it useful for you
Regards.
Surendra

Terms of Payment in case of Residual Payment

Similar Messages

Maybe you are looking for