Difference Code

If a rest amount appears, you must enter a difference code (Diff code) here. The available alternatives are:

• Partial payment - the rest amount remains as a debt to the supplier.
• Discount - the rest amount is written off as a supplier discount.
• Write-off - the rest amount is written off as a supplier reduction.
• Round-off - the rest amount is written off as a round-off. The coding will be loaded from the existing standard account.

The accounts for Accounts payable write-offs (4790), Supplier discounts (4730) and Round-off (3740) must be registered in the Chart of Accounts / Standard Accounts procedure in Global Settings. The payments will then be coded automatically by the system.