What is 'residual item' in SAP FI - Financial Accounting?

residual item - Overview

• Component: FI

• Component Name: Financial Accounting

• Description: An item representing any difference that occurs when an open item is cleared. The residual item is carried forward to the same account the open items that gave rise to the residual item.

residual item - Details

• 
  Key Concepts: 
  A residual item is an open item in the SAP system that has not been cleared or settled. It is a type of open item that is not yet due for payment or receipt. Residual items are typically created when a payment or receipt is made but the amount is not fully settled. 
  
  How to use it: 
  In SAP Financial Accounting, residual items are used to track open items that have not been fully settled. They can be used to track payments and receipts that have been partially settled, as well as any other open items that have not been fully cleared. 
  
  Tips & Tricks: 
  When dealing with residual items, it is important to ensure that all open items are properly cleared and settled. This will help to ensure that all transactions are properly accounted for and that the financial statements are accurate. 
  
  Related Information: 
  For more information on residual items in SAP Financial Accounting, please refer to the SAP Help Portal or contact your local SAP support team.