what is open line item management..? what do you mean by
clearing open line item..?

Answers were Sorted based on User's Feedback



what is open line item management..? what do you mean by clearing open line item..?..

Answer / soumik

We tick Open Item Management in FS00 for any kind of Outsanding/Accrued A/C. For Expenses we will cleare it through f-07 and for receipt cleare it through f-06

Is This Answer Correct ?    2 Yes 0 No

what is open line item management..? what do you mean by clearing open line item..?..

Answer / ranjith

This is uesd for vendors, customers, Gl a/c Open item management means that a line item needs to be cleared against another open item.
Ex: salarys clearing , Gr/ir clearing

Is This Answer Correct ?    1 Yes 0 No

what is open line item management..? what do you mean by clearing open line item..?..

Answer / pp

IF any gl account having the Open item management check .Any
transactions are posted to that account it would be in open
item until unless if u clear that item.

Is This Answer Correct ?    0 Yes 0 No

what is open line item management..? what do you mean by clearing open line item..?..

Answer / sridhar

Open line item Mgmt displays all the line items which are
not yet cleared and are to be cleared by the end of fiscal
year. Clearing means keeping no dues for payment.

Is This Answer Correct ?    2 Yes 3 No

what is open line item management..? what do you mean by clearing open line item..?..

Answer / maruthi

open line item management concept is , if u select OIM check box in FS00 to a particular account then this account contain incomplete transaction (offset account shows open) waiting for
clearing

Is This Answer Correct ?    2 Yes 3 No

what is open line item management..? what do you mean by clearing open line item..?..

Answer / neelam garg

all clearing gl that will be clear in future treated as
open item. clearing open items means which is not due for
payment in future......

Is This Answer Correct ?    0 Yes 1 No

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