What is balance due in SAP SBO - SAP Business One?

SAP Term: balance due

• Component: SBO

• Component Name: SAP Business One

• Description: An outstanding amount of money that must be paid either immediately or on a specified date.

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• Key Concepts: 
  Balance due is a term used in SAP Business One (SBO) to refer to the amount of money that a customer owes to a business. It is calculated by subtracting the total payments made by the customer from the total amount of the invoice. 
  
  How to use it: 
  In SBO, balance due can be found in the Accounts Receivable module. To view the balance due for a customer, select the customer from the list and then click on “View Balance Due”. This will display the total amount of money that the customer owes to the business. 
  
  Tips & Tricks: 
  It is important to keep track of balance due for customers in order to ensure that payments are received on time. To make this easier, SBO allows users to set up automated reminders for customers with overdue payments. 
  
  Related Information: 
  For more information about balance due in SBO, please refer to the official SAP Business One documentation.