How to Define Tolerance group for vendors /Customers
Define tolerance group for vendors /Customers
Importance of tolerance group : – The tolerance group is very important to define in SAP system to facilitate dealing with the differences in payment
SAP R/3 IMG Menu Path : - IMG > Financial accounting > Accounts receivable and accounts payable > Business transactions > Outgoing payments > Manual outgoing payments > Define Tolerances (Vendors)
IMG > Financial accounting > Accounts receivable and accounts payable > Business transactions > incoming payments > Manual incoming payments > Define Tolerances (Customer)
Transaction Code : – OBA3
Enter transaction code OBA3 in the SAP command field and press enter
Click on “New Entries” to define tolerance group for customers and vendors.
Update following data
- Company code : – Enter your company code
- Tolerance group: – Keep blank tolerance group field and update the description of tolerance
- Permitted Payment differences: – Enter amount and percent for gain and loss i.e 100 inr or 5% whichever is lower.
Click on save icon to save the configured data. You have successfully maintain tolerance group for vendors and customers.
