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Open Item Management in SAP Explained by karimkmp is a document available to read on EtoBox.
What is Open Item Management in SAP Explained about?
Open item management in SAP allows vendor and customer accounts to be managed as open items that are cleared upon settlement. It is recommended to maintain balance sheet accounts as open items so they can be readily reconciled to the trial balance. Examples of accounts that should be managed as open items include prepaid expenses, provisions, loans, accrued interest, deposits, clearing accounts, investments, bank accounts, statutory liabilities, and advances. Clearing documents are posted in SAP to track it
- Author
- karimkmp
- Language
- EN