What is 'open amount' in SAP SBO - SAP Business One?

open amount - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: The money that has not yet been paid for an item or service.

open amount - Details

• 
  Key Concepts: 
  Open amount is a term used in SAP Business One (SBO) to refer to the amount of an invoice that has not yet been paid. It is the difference between the total amount of an invoice and the amount that has already been paid. 
  
  How to use it: 
  In SBO, open amount can be found in the Accounts Receivable module. It is displayed as a line item on an invoice and can be used to track the amount of money that is still owed on an invoice. 
  
  Tips & Tricks: 
  It is important to keep track of open amounts in order to ensure that all invoices are paid in a timely manner. Additionally, open amounts can be used to identify customers who are delinquent in their payments and need to be contacted. 
  
  Related Information: 
  Open amounts are closely related to Accounts Receivable Aging Reports, which provide a summary of all unpaid invoices and their respective due dates. This report can be used to quickly identify customers who are overdue on their payments and need to be contacted.