Last Updated on August 15, 2022 by admin
Define tolerance group for vendors /Customers
Importance of tolerance group: – The tolerance group is very important to define in the 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 the tolerance groups 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 the save icon to save the configured data. You have successfully maintained a tolerance group for vendors and customers.