Answer / geevidhyadhar

Each of your G.L / Customer / Vendor Accounts may in due
course contain many debit and credit line items ( with equal
monetary value and therefore netting the balance to zero)
which may remain open.

You would find it wiser to knock the debit and credit items
and clear them all. Such clearing helps in archiving such
line items , frees system memory thereby making your system
run faster.

This kind of offsetting existing debit items with credit
items within an account is called account clearing. You
could do it manually wherein you need to select an account,
pick and match all debit and credit items and clear them
manually. This becomes a cumbersome process when you have
too many items requiring clearance and the problem is even
more cumbersome when you have many accounts requiring such
an exercise.

SAP has the provision to automate the process and it is
called AUTOMATIC CLEARING. F.13 is the T.Code for Automatic
clearing ( It uses an in-built program called SAPF124).

However, to perform automatic clearing the system would
check that debit and credit items within an account have
the following common criteria:
Document Date, Posting Date, Currency, G L / Customer /
Vendor Account , as the case may be , Amount , Company Code
etc.

Apart from the above criteria, you can also configure 1 to 5
more criteria for matching and clearing. This is handled by
the T CODE OB74. You can configure separately for G L ,
CUSTOMER AND VENDOR ACCOUNTS.

Basically, F.13 ( Automatic Clearing ) is a time saver to
match similar debit and credit items within an account and
make the system clear them automatically.

Hope it is clear now

Regards

VidhyaDhar

Answer / kay

Each of your G.L / Customer / Vendor Accounts may in due
course contain many debit and credit line items ( with equal
monetary value and therefore netting the balance to zero)
which may remain open.

You would find it wiser to knock the debit and credit items
and clear them all. Such clearing helps in archiving such
line items , frees system memory thereby making your system
run faster.

This kind of offsetting existing debit items with credit
items within an account is called account clearing. You
could do it manually wherein you need to select an account,
pick and match all debit and credit items and clear them
manually. This becomes a cumbersome process when you have
too many items requiring clearance and the problem is even
more cumbersome when you have many accounts requiring such
an exercise.

SAP has the provision to automate the process and it is
called AUTOMATIC CLEARING. F.13 is the T.Code for Automatic
clearing ( It uses an in-built program called SAPF124).

However, to perform automatic clearing the system would
check that debit and credit items within an account have
the following common criteria:
Document Date, Posting Date, Currency, G L / Customer /
Vendor Account , as the case may be , Amount , Company Code
etc.

Apart from the above criteria, you can also configure 1 to 5
more criteria for matching and clearing. This is handled by
the T CODE OB74. You can configure separately for G L ,
CUSTOMER AND VENDOR ACCOUNTS.

Basically, F.13 ( Automatic Clearing ) is a time saver to
match similar debit and credit items within an account and
make the system clear them automatically.

Hope it is clear now

Regards

VidhyaDhar

What is Organisatinal Unit of FI ?

4 Answers  

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Hi can anybody solve this issue while i'm trying to post an invoice whith USD Doller( my company code currency is INR ) through t-code whether it is f-01,f-02 or f-43, the issue raising " maintain conversion factors for USD/INR (currency type M)".? 1)I've chequed exchanged rate type 'M'is there 2)I Created transaction ratios for currency transction through OBBS T-code. 3)I entered Exchange rates through OB08 INR to USD, INR To EURO. 4) I defined Countries 5? I defined exchange rate gain & loss gl a/c's & assigned in OB09. Finally we should add this configurations either gl a/c's or company or chart of a/c, or document type, where we should assign let me know soon? ragards, Janardhan

2 Answers  

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which tool used for running the land scape

3 Answers   CommScope,

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0 Answers  

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How do you perform period closing in sap? : fi- general ledger accounting

0 Answers  

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Periodic Processing in Controlling

3 Answers   Accenture,

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What z the process of cancellation of issued cheque?

2 Answers  

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what is difference between consumer based accounting and purchasing based accounting and how to assign the difference to profitability analysis.

0 Answers   Infodart,

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how do you receive tickets?

2 Answers   IBM,

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i am getting error that"there is no item category assigned to account no(any account no)company while save the entries in gernal ledger, i able to simulate the entries but not to saved, i am using 6.0ecc version.

2 Answers  

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What do you mean by Ticket?

3 Answers  

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Can anybody explain what is cut-over activity in FI and how we do that ?

2 Answers  

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