What is actual loss on receivables in SAP FS-AM-IM - Item Management?

SAP Term: actual loss on receivables

• Component: FS-AM-IM

• Component Name: Item Management

• Description: The economic loss on a receivable actually realized or part thereof.

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• Key Concepts: 
  Actual loss on receivables is a term used in SAP's FS-AM-IM Item Management component. It refers to the amount of money that a company has lost due to customers not paying their invoices. This amount is calculated by subtracting the amount of money that was expected to be received from the amount that was actually received. 
  
  How to use it: 
  In SAP's FS-AM-IM Item Management component, actual loss on receivables can be tracked and monitored. This can be done by entering the expected and actual amounts into the system and then calculating the difference between them. This will give an accurate picture of how much money has been lost due to customers not paying their invoices. 
  
  Tips & Tricks: 
  It is important to keep track of actual loss on receivables in order to ensure that a company is not losing too much money due to customers not paying their invoices. It is also important to monitor this figure over time in order to identify any trends or patterns that may indicate a need for changes in the way that invoices are managed. 
  
  Related Information: 
  Actual loss on receivables is closely related to bad debt, which is the amount of money that a company has lost due to customers not paying their invoices. Bad debt can be tracked and monitored in SAP's FS-AM-IM Item Management component as well. Additionally, it is important to note that actual loss on receivables can also be used as an indicator of a company's financial health.