Open items are incomplete transaction in SAP like invoices that have not yet been paid and such open items are needed to be cleared to get completed. The transaction is cleared when the resulting balance of a particular transaction is zero i.e. when the open item gets an equal opposite entry in SAP. An open item not cleared can not be archived and will stay in the system until … [Read more...] about How to clear Open items in SAP FI
open item management
How to set Open item Management indicator in GL master
With the help of open item management you can specify a account either to be open or cleared. To get activated open item management in the company code segment of general ledger account line item display needs to be selected. It's a prerequisite for a general ledger account if you need to check whether there is an offsetting for a given business transaction. With the help of … [Read more...] about How to set Open item Management indicator in GL master
Open Item Management in SAP FI
Today in this article we will show you how open items are managed in SAP. You will also know hoe to clear open items manually and transaction codes for that. Open item means the line item is open and it’s not cleared by a clearing transaction i.e. it’s an unfinished transaction in SAP. This allows us to check whether a particular vendor transaction has been paid or not. If … [Read more...] about Open Item Management in SAP FI