How to Define tolerance Group for Vendors/customers

Define Tolerance Group for vendors/customers

importance of tolerance group :, Haven Tolerance Group is very important to define in SAP system to facilitate de Aling with the differences in payment

SAP r/3 IMG Menu Path:- IMG > Financial accounting > Accounts Receivable and Accounts payable > Business Transactions > Outgoing Payme NTS > Manual Outgoing payments > Define tolerances (vendors)

IMG > Financial accounting > Accounts Receivable and Accounts payable > Business Transactions > Incoming Payme NTS > Manual Incoming payments > Define tolerances (Customer)

Transaction Code: –oba3

Enter transaction code OBA3 in the SAP command field and press ENTER

Click on the "New Entries" to define tolerance group for customers and vendors.

Update following data

1. Company code: –enter Your company code
2. Tolerance Group:–keep blank Tolerance Group field and update the description of tolerance
3. Permitted Payment Differences:–enter amount and percent for gain and loss i.e + INR or 5% whichever is lower.

Click on save icon to save the configured data. You are successfully maintain tolerance group for vendors and customers.

How to Define tolerance Group for Vendors/customers