In GL Master Record creation (FS00) for what type of accounts
do we need to select "Open Item Management" in the control
data field? Why ? Explain the concept
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Answer Posted / sridhar
Open item Management is used for Accounts which need to be
cleared with in the financial year. And all clearing
accounts come under Profit and loss Statement.
So, Open item Mgmt is selected for P&L Accounts.
Hope this helps.
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