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.

Answer / sunny rao.b

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.

Answer / seapna

we can used the the open ite management for out standig
payments and receivables

Answer / venkat

Line Item Means Nothing but business transaction. It means
clearly shows the details of transaction.

What is the difference between Standard Hierarchy and Alternate Hierarchy?

2 Answers  

---

what are the prerequisites for chart of depreciation and how many chart of depreciation can assined to company code

4 Answers   ABC,

---

How do you got about defining co-product functionality in repetitive manufacturing?

0 Answers  

---

cogs as a cost element and cogs is a not a cost element how the system behaviar

1 Answers  

---

What is day limit in payt terms

1 Answers  

---

---

There is an advance given by the customer which lies in a special gl account indicator A. Will this advance amount be considered for credit check?

0 Answers  

---

What are the common reasons for errors in accounting?

0 Answers  

---

What are the three important methods for foreign exchange?

5 Answers   Xansa,

---

What is document spliting?

1 Answers  

---

What are the implications if the operation scrap is maintained in the routing and if it maintained in the bom?

0 Answers  

---

what is mixed pricing in product cost controlling

0 Answers   PWC,

---

in require sap fico questions

0 Answers  

---