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

Define Tolerance group for vendors Tcode

Click on “New Entries” to define the tolerance groups for customers and vendors.

Define Tolerance group for vendors entries

 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 100 INR or 5% whichever is lower.

How to Define Tolerance group for vendors /Customers

Click on the save icon to save the configured data. You have successfully maintained a tolerance group for vendors and customers.