💁Agenda of the Video▶️: <br />➡️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.<br /><br />⬜🟩How it works:-<br />Payment tolerance allows a user to close an invoice even if the payment amount doesn't fully cover the invoice. <br />It can be applied to amounts, days, refunds, and credit memos. <br />✅Tolerances can be set at the system, document, or fund level.<br />✅Tolerances can be defined as absolute amounts or percentages.<br /><br />⬜🟩When it's used:-<br />✅When a payment discount due date has passed.<br />✅When goods have been deducted.<br />✅When there is a minor error.
