What is tolerance amount in SAP FS-AM-IM - Item Management?

SAP Term: tolerance amount

• Component: FS-AM-IM

• Component Name: Item Management

• Description: A small amount that the system makes available in addition to the available amount. The toleramce amount is intended to prevent a pending return debit if the difference between the available amount and the amount to be transferred is less than the cost of a return debit.

Smart SAP Assistant

• Key Concepts: 
  Tolerance amount is a feature in SAP FS-AM-IM Item Management that allows users to set a limit on the amount of variance that is allowed between the expected and actual values of an item. This limit is set by the user and can be used to control the accuracy of the item's data.
  
  How to use it: 
  To use the tolerance amount feature, users must first set a limit on the amount of variance that is allowed between the expected and actual values of an item. This limit can be set in the system settings or manually entered by the user. Once this limit is set, any variance between the expected and actual values of an item will be flagged as an error if it exceeds the tolerance amount.
  
  Tips & Tricks: 
  When setting a tolerance amount, it is important to consider how much variance is acceptable for each item. Setting a too-low tolerance amount may result in too many errors being flagged, while setting a too-high tolerance amount may result in inaccurate data. It is also important to ensure that all users are aware of the tolerance amount so that they can adjust their data entry accordingly.
  
  Related Information: 
  The tolerance amount feature is closely related to other features in SAP FS-AM-IM Item Management such as item tracking and item validation. These features can be used in conjunction with the tolerance amount feature to ensure accurate data entry and reduce errors.