What is open line item management? What do you mean by
clearing open line items?
Answers were Sorted based on User's Feedback
Answer / raj
Open line item is that a same debit or credit has to be done
against that account to make the balance zero of that
account. and this account can be clear only by paying full
amount of vendor or getting full amount form a customer. but
when we pay through residual method the invoice which we are
paying for becomes clear with the amount we paid to
vendor/customer and system generate a new document for the
remaining amount. and will show this doc. as open item.
Is This Answer Correct ? | 1 Yes | 1 No |
Open items can be said as unresolved items in the
accounting process it means an entry needs to be made
complete if amount pertaining to the a line item is not
complete i.e., unresolved items. So on these open items
they are supposed to be cleared at the end of the financial
year. otherwise the entries cannot be processed completely.
Is This Answer Correct ? | 4 Yes | 5 No |
Answer / seapna
we can used the the open ite management for out standig
payments and receivables
Is This Answer Correct ? | 7 Yes | 11 No |
Answer / venkat
Line Item Means Nothing but business transaction. It means
clearly shows the details of transaction.
Is This Answer Correct ? | 2 Yes | 12 No |
Hi Can any one Tell me in Detail from Starting Like i have finished the FI Part,now Soon after this How am i going to start the CO Part from where to where & how to link(Just give T.Codes i will understand) and when to Finish. Thanks in Advance.
8. Dependent fiscal year & independent fiscal year
9 Answers Accenture, Yash Technologies,
Who is the best faculty for SAP FICO in Hyderabad?
Explain automatic primary cost planning? : co- cost center accounting
Dear All, Pl. guide me how do I move CWIP to assets? Thanks
what is asset accounting?
who are the top faculties of SAP FICO in hyderabad
if customer is a vendor in this scenario how u customize ?
Can we change the reconciliation account in the vendor master?
What are the documents require for Born in sale in relation to sales tax?
What is BBP for an SAP FI consultant? p,lz answer it , maximum company ask dis as the first question.
What is to be defined for a push button fields in the screen attributes?