Answer / sridhar

for all clearing GL's we will check the open item management option, like for ex: GR/IR clearing.

Answer / satya

ALL CLEARING ACCOUNTS

Answer / u.y.s

This will be used for vendor / customer and Blancesheet
items where clearing is required. never select P&L accounts
this option

Answer / raghu

If you click this inbox, that means one more entry has to
posted to get knocked off this entry

Answer / ramanagottipati

'Open Item Management' check box is ment for any account
which needs to get cleared. But this is not needed for the
Vendors, Customer or Assets items as they are already Sub
Ledgers and the data of them is already saved seperately
and are not again maintained at GL level. To say in short,
the system will not even allow you to Check this box it the
account is a Reconciliation account(GL account for Vendors,
Customers or Assets).

The Open Item Managed account will have Both the Debit and
Credit transactions to be Knocked off and to be sent to
Cleared Items.

Answer / ranjith8055

FOR Vendor transactions,Customer transactions, TDS transactions, bill discounted, and provisions for out standing exp we select open item management option.
open item means pending transactions in SAP.by selecting open item management option in control data tab in master record(fs00) it will show the open item until the corresponding payment/receipt posted or until clear

Answer / 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.

Answer / kashif

In GL Master Record, we "check", open item management for
assets only.

What if RFEBCK00? What are its advantages?

2 Answers  

In FI Invoice transactions are not getting posted to a customer account. Possible reasons can be

7 Answers  

What documents result from procurement processes? : fi- accounts payable

0 Answers  

What is an asset value date? : fi- asset accounting

0 Answers  

What differentiates one dunning level from another? : fi- accounts receivable

0 Answers  

What is internal and external number ranges? Discuss how they differ in their use?

0 Answers  

What do you mean by report painter? And what is the use of it.?

2 Answers   Wipro,

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. so some one gave answer that"you activated document splitting for that u have to assign the item category for that g/l other wise u can deactive in docment splitting as per co code level".so pleaze any one tell me the path or method to how to deactive document splitting as per co code lever

5 Answers  

Hi Can anyone please explain why do we need to run f.5d and f.5e(which post the adjustments)? Then - How is f.5d and 1kek related?

2 Answers  

I NEED A TICKETS IN FI FOR G/L A/P A/R ASSET W.H.T IN THOSE I NEED SUPORT ISUUS PLS

0 Answers   IBM,

How to estimate the Cost step by step ?

0 Answers   Accenture,

What is the use of AS-IS and TO-BE in ASAP methodology

4 Answers   TCS,