Skip to Content
author's profile photo Former Member
Former Member

how to clear the accounts autoclear

hi all

what is the auto clear? wher it effect which type of accounts it effect

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Nov 30, 2007 at 04:34 PM

    Raavi:

    You mean Automatic Clearing?

    Automatic clearing program just automatically clears the items that are paid.

    Financial Accounting -> General Ledger Accounting -> Business Transactions -> Open Item Clearing -> Prepare Automatic Clearing

    In this activity you enter the criteria for grouping an account's open items for automatic clearing. The clearing program clears the open items that are grouped together if their total balance equals zero in local and foreign currency.

    You must enter the following standard criteria:

    account type

    account number or a number interval

    Assign points if info helps

    Vj

    Add a comment
    10|10000 characters needed characters exceeded

    • Former Member Former Member

      Raavi:

      Reflection of account?? Kindly be clear....

      The account types that are involved are

      A: Assets

      D: Customers

      K: Vendors

      M: Materials

      S: GL Accounts

      +: All accounts

      Hope this answers your query

      Don't forget to assign points if info helps

      Vj

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.