Which A/R Underpayment Option Should You Use: Partial Payment or Residual Item?

Which A/R Underpayment Option Should You Use: Partial Payment or Residual Item?

Reading time: 11 mins

When a customer makes a payment for an invoice that is a great deal less than the full invoice value, the A/R user has several choices of how to process the underpayment. Both users and consultants are often confused about the difference between two of those options – partial payment and residual item – because...

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