Pmt. Tolerance (LCY) Field, Vendor Table
Specifies the amount of outstanding payment in LCY that is required to meet the payment tolerance conditions.
Additional Information
You can use payment tolerance so that every outstanding amount has a set maximum allowed payment tolerance. If the payment tolerance is met, then the payment amount is analyzed as follows:
If the payment amount is an underpayment, then the outstanding amount is fully closed by the underpayment. A detailed ledger entry is posted to the payment entry so that no remaining amount is left on the applied invoice entry.
If the payment amount is an overpayment, then a new detailed ledger entry is posted to the payment entry so that no remaining amount is left on the payment entry.
Tip
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Parent Tables
| Table | Location |
|---|---|
| Application Method Field, Vendor Table | Purchases and Payables |
| Vendor Table | Purchases and Payables |
| Vendor Table | Purchases and Payables |
See Also
Reference
Vendor Card
Pmt. Disc. Tolerance (LCY)