open item managment

[Former Member]

hi all

could you explain me about Open item managment.

regards

suresh

[Former Member]

Hi

All clearing accounts must be managed with open item mgt in SAP. so that each item can be knoked off easily

Example:-

GR/IR Clearing Ac

Bank Clearing Ac

Tax Payable Ac

Cenvat Payable Ac...Etc..

Best Regards

Ashish Jain

[Former Member]

Open Item Management : For Accounts which are to be monitored i.e. payment are to be monitored the account must be defined as a open item management account (Pending Item)

We can specify it for Balance Sheet Account

For Clearing Account we need to select open item management

Open item management is to be selected for Balance Sheet receivables and payables Accounts

Ex : Bank Clearing Account

Expences Payable Account

Income Receivable Account

Taxes Payable Account

Loan Payable Account

Open Item Management must be followed by Line Item Display (Mandatory)

For Recon Account donot select the openitem management.

Thanks

Hari