What is the Exact meaning of the Tolerance group for G/L
Account, Customers and Vendors...?

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What is the Exact meaning of the Tolerance group for G/L Account, Customers and Vendors...?..

Answer / narin

In tolerance group we give the tolerance limits - i.e., the
lower limit and the upper limit an account can have...if we
exceed the upper limit / the amount entered is then the
lower limit system will not allow us to post an entry....
this is a kind of control.

Is This Answer Correct ?    5 Yes 1 No

What is the Exact meaning of the Tolerance group for G/L Account, Customers and Vendors...?..

Answer / jai

Exactly it is Threshold created for entries to be posted
in GL. If an individual already created the range we can
not assign the same range we have to select a new range for
our compnay.

Is This Answer Correct ?    2 Yes 0 No

What is the Exact meaning of the Tolerance group for G/L Account, Customers and Vendors...?..

Answer / sapgaurav

It means restricting particular user for a particular area transaction posting and that to also up to certain amount.
There r 3 types of tolerance
1. user/emp. tolerance
2.customer/vendor tolerance
3.G/l Account tolerance.
The system doesn't allow the user to process & post transaction beyond the limit set according to the tolerance group.

with regards
Gaurav Sharma
SAP FICO Consultant

Is This Answer Correct ?    1 Yes 0 No

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