Define the residual and partial payment methods of allocating cash in aacount receivable in SAP?

Define the residual and partial payment methods of allocating cash in

1.	Define the residual and partial payment methods of allocating cash in aacount receivable in SAP?
Answer» Define the residual and partial payment methods of allocating CASH in aacount RECEIVABLE in SAP? Below is the difference and the definition of Residual payment and partial payment method in sap (1)Partial Payment:-To understand this we will take a simple example we have a INVOICE B3213 exits for $500 and CUSTOMER pay only $380. With the partial payment, it offsets the invoice leaving a REMAINING balance $120 (2)Residual Payment:-On the other hand in residual payment invoice B3213 cleared for the full value $500 and a new invoice line item is produced for the remaining balance of $120.