What is other price or other receivable in SAP FS-AM-IM-IT - Payment Items?

SAP Term: other price or other receivable

• Component: FS-AM-IM-IT

• Component Name: Payment Items

• Description: A payment item on an account that is relevant for a waiver or for billing, and that is not posted by settlement. &EXAMPLE& Other prices can be the following: Transaction charge Event charge Manual charge An example of other prices is a return debit memo where the system does not reopen the original receivable, but creates a new receivable with a new due date.

Smart SAP Assistant

• Key Concepts: 
  Other price or other receivable is a payment item in the SAP Financial Services Asset Management (FS-AM) module. It is used to record payments that are not related to the purchase of goods or services, such as donations, grants, or other types of income. The payment item is recorded in the FS-AM-IM-IT Payment Items component. 
  
  How to use it: 
  To record a payment item as other price or other receivable, first enter the payment details into the FS-AM-IM-IT Payment Items component. Then select “Other Price/Receivable” from the dropdown menu. Enter the amount of the payment and any additional information that is required. Finally, save the payment item. 
  
  Tips & Tricks: 
  When recording other price or other receivable payments, it is important to provide as much detail as possible in order to ensure accurate tracking and reporting of these payments. Additionally, it is important to ensure that all required fields are filled out correctly in order for the payment item to be saved successfully. 
  
  Related Information: 
  For more information on recording other price or other receivable payments in SAP Financial Services Asset Management (FS-AM), please refer to the official SAP documentation at https://help.sap.com/viewer/product/FS_AM/2020_05_500/en-US.