Partial and residual payments (Incoming) through F-28

Hi
I am trying to understand how partial and residual payments works.
1) I have an invoice of $100 for customer. I am getting a payment of $30 from customer.
   When i am clearing this using partial payments tab in F-28, it is creating a new document of $30 open item for the customer and leaving $100 open item again (not clearing) for the same customer.
My question is it becomes $130 open for the same customers though he paid $30, why is that?
2) How does residual payments works for the same example above?
Can anyone explain clearly please?
Thanks in advance
Aleem

Hi Aleem,
Partial payment : A partial payment is a payment that is posted to an account without any open items being cleared. You assign this partial payment to an open item. When you post the partial payment, the system marks the document number of the original open item in the line item for the partial payment. The original open item and the partial payment remain open.
E.g. Invoice = $100
      Partial payment =$  -(30)
Residual : . You clear the original open item, and the system posts a new open item. This new open item is for the same amount as the original open item minus the amount paid.
E.g : New invoice = $ 70
Regards
Nadini

Similar Messages

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    Hi,
    What is partial and residual payments? Diffrenceces?
    How will be differ in output?
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    Hi
    Residual payment it clears original invoice with incoming amount and create new line item for remaining outstanding amount.
    Partial payment it leaves the original invoice amount and creates new
    line item for incoming amount.
    If any query revert back
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  • Customer Clearing Process - Partial and Residual

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    Please tell me how it works,
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    Hi,
    During the partial payment the new document gets created.
    You can do one thing go to table BSAD and in the invoice reference (REBZG) field enter the original document number and execute.
    You will get the residual document number (AUGBL). Check whether you are getting this document number in agewise report.
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    Regards,
    Tejas

  • Difference between Partial payment and residual payment

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    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?
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    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.
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    customer a/c cr. 25000
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    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.
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  • Partila Payment and Residual Payment,

    Hi,
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    Please help me in understanding the concept.
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    Hi Soumya,
    These two are conept and it depends on your company how they want to process claring.
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    Partial payment does not clear the document but it keeps both the payment invoice open till the entire payment for invoice is made. For e.g. there is document 1000 in customer ABCD which shows debit (invoice) of Rs. 50,000 and then you recieve a payment of Rs 35,000 against that invoice. Now, when you make partial payment for this document. You will see both payment and invoice document open in FBL5N.
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  • 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.
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    2nd step: At the time of payment If Partial payment method adopted.
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            Bank Sub Account  Cr  10000
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    Expenses A/c  Dr   20000
    Vendor    A/c  Cr   20000
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    Vendor A/c                Cr          10000
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    Surendra

  • Partial and residual

    this his hari
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    Hi,
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    Dear,
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