difference between Appln. Rouding precision , Payment tolerance

Hi,

Could any expert tell what is the difference between Appln. Rouding precision , Payment tolerance amount.

I think both working are same way .

Please let me know.

Yeap, you are right.

They are more or less the same - or at least the result is the same.

The only difference is: Payment tolerance just applies to postings of the type “Payment” and “Refund”, whereby the other one applies to all kinds of applications (such as Credit Memo and Invoice),