What is additional receivable in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: additional receivable

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: Interest and charges receivables are also known as additional receivables in . On the one hand, additional receivales represent receivables such as charges and interest that are to be posted for existing items. On the other hand, items that have a Rule for Additional Receivables are also known as additional receivables. Rules for Additional Receivables can be assigned to external transactions in Customizing for .

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• Key Concepts: 
  Additional receivable is a component of the FI-CA Contract Accounts Receivable and Payable module in SAP. It is used to manage the receivables of a company, such as customer invoices, payments, and other receivables. The additional receivable component allows companies to track and manage their receivables in an efficient manner.
  
  How to use it: 
  The additional receivable component can be used to create and manage customer invoices, payments, and other receivables. It also allows companies to track the status of their receivables, such as whether they are paid or unpaid. Additionally, companies can use the additional receivable component to generate reports on their receivables.
  
  Tips & Tricks: 
  It is important to keep track of all customer invoices and payments in order to ensure that all receivables are accounted for. Additionally, it is important to regularly review the status of all receivables in order to ensure that they are up-to-date and accurate.
  
  Related Information: 
  The additional receivable component is part of the FI-CA Contract Accounts Receivable and Payable module in SAP. This module also includes components such as contract accounts payable, contract accounts receivable, and contract accounts reconciliation. Additionally, this module can be used in conjunction with other SAP modules such as FI-GL and FI-AP for more comprehensive financial management.