Customer Balance/Remaining amount

Can someone expain the follwing fields:

  1. Cust. Ledger Entry (Balance) 2) Customer (Remaining amount) am alwaiz confused abt them. Thanx

hey,

you are still confused. there is no such field “remaining amount” in “customer” table & “balance” in “cust. Ledger entry”.

But I think you would like this reply :—

Balance is net amount of all the transactions happened to that customer.

Whereas remaining amount is the net amount after tagging crdit amounts with bills.

Hence:–

Balance = sum of remaining amount.

remaining amount, sums the remaining amount in customer ledger entries, that means the unapplied entries. it is usually the same as balance.