Payment Tolerance Setup in Business Central #setup #payment #tolerance #d365bc

💁Agenda of the Video▶️:
➡️Payment Tolerance is the amount of difference that a system allows in a payment to process it. It can be applied to partial or final payments.

⬜🟩How it works:-
Payment tolerance allows a user to close an invoice even if the payment amount doesn't fully cover the invoice.
It can be applied to amounts, days, refunds, and credit memos.
✅Tolerances can be set at the system, document, or fund level.
✅Tolerances can be defined as absolute amounts or percentages.

⬜🟩When it's used:-
✅When a payment discount due date has passed.
✅When goods have been deducted.
✅When there is a minor error.