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.

Hey how to close last financial year and open new financial year for ASSET ACCOUNTING?

1 Answers  

Hi friends, I getting an error while i am creating document number range it shows the error message " the number range intervals are not included in automatic recording of customising changes transport of all the changes made within number range interval maintenance must triggered manually. In the initial screen for number range interval maintenance choose the function internal->transport. thanks

4 Answers  

hi all i create the fbzp config and run the program but when we payment run carried out what is the problem. i checked open items is there give the payment method and payment terms

2 Answers  

What is individual processing of gl accounts? : fi- general ledger

0 Answers  

How can you manually clear open items? When? : fi- general ledger accounting

0 Answers  

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0 Answers  

How do you ensure correct balances in the financial statement version? : fi- general ledger accounting

0 Answers  

What is the link between the Vendor master record and the APP

5 Answers   Accenture,

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1 Answers  

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assets how upload in LSMW

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