Answer / geevidhyadhar

Each of your G.L / Customer / Vendor Accounts may in due
course contain many debit and credit line items ( with equal
monetary value and therefore netting the balance to zero)
which may remain open.

You would find it wiser to knock the debit and credit items
and clear them all. Such clearing helps in archiving such
line items , frees system memory thereby making your system
run faster.

This kind of offsetting existing debit items with credit
items within an account is called account clearing. You
could do it manually wherein you need to select an account,
pick and match all debit and credit items and clear them
manually. This becomes a cumbersome process when you have
too many items requiring clearance and the problem is even
more cumbersome when you have many accounts requiring such
an exercise.

SAP has the provision to automate the process and it is
called AUTOMATIC CLEARING. F.13 is the T.Code for Automatic
clearing ( It uses an in-built program called SAPF124).

However, to perform automatic clearing the system would
check that debit and credit items within an account have
the following common criteria:
Document Date, Posting Date, Currency, G L / Customer /
Vendor Account , as the case may be , Amount , Company Code
etc.

Apart from the above criteria, you can also configure 1 to 5
more criteria for matching and clearing. This is handled by
the T CODE OB74. You can configure separately for G L ,
CUSTOMER AND VENDOR ACCOUNTS.

Basically, F.13 ( Automatic Clearing ) is a time saver to
match similar debit and credit items within an account and
make the system clear them automatically.

Hope it is clear now

Regards

VidhyaDhar

Answer / kay

Each of your G.L / Customer / Vendor Accounts may in due
course contain many debit and credit line items ( with equal
monetary value and therefore netting the balance to zero)
which may remain open.

You would find it wiser to knock the debit and credit items
and clear them all. Such clearing helps in archiving such
line items , frees system memory thereby making your system
run faster.

This kind of offsetting existing debit items with credit
items within an account is called account clearing. You
could do it manually wherein you need to select an account,
pick and match all debit and credit items and clear them
manually. This becomes a cumbersome process when you have
too many items requiring clearance and the problem is even
more cumbersome when you have many accounts requiring such
an exercise.

SAP has the provision to automate the process and it is
called AUTOMATIC CLEARING. F.13 is the T.Code for Automatic
clearing ( It uses an in-built program called SAPF124).

However, to perform automatic clearing the system would
check that debit and credit items within an account have
the following common criteria:
Document Date, Posting Date, Currency, G L / Customer /
Vendor Account , as the case may be , Amount , Company Code
etc.

Apart from the above criteria, you can also configure 1 to 5
more criteria for matching and clearing. This is handled by
the T CODE OB74. You can configure separately for G L ,
CUSTOMER AND VENDOR ACCOUNTS.

Basically, F.13 ( Automatic Clearing ) is a time saver to
match similar debit and credit items within an account and
make the system clear them automatically.

Hope it is clear now

Regards

VidhyaDhar

What kind of requests you handle?

1 Answers   IBM, Tesco,

---

in a/r how can you enter the cash against customer?

3 Answers   IBM,

---

What is payment advice? : fi- accounts receivable

0 Answers  

---

Hai...... friends anybody have sap simple finance material. can you please send to my mail id : phani01011983@gmail.com. pls...

0 Answers  

---

Q.what type of issues you are getting and tell me some issues in asset acctng,fi-mm,co?

0 Answers   iGate,

---

you can creat for any openitem, you are not selecting for the open itemin FS00,after one month,you can select for openitem

3 Answers   Cap Gemini,

---

How do primary costs get picked up from cost center into the cost component structure?

0 Answers  

---

how can run partial payment in APP.

7 Answers   IBM,

---

Explain the two ways used to create asset masters? : fi- asset accounting

0 Answers  

---

Say (e.g) in Salary G/L A/c instead of giving P&L they select Balances sheet & it is saved & in this they passed some entry also. But now I have to Select P&L in the Salary G/L. (Note should not create new G/L. In the same Salary G/L I have to change) Tell me how you can change

3 Answers  

---

Can u say me on which platform did R/2 Run. And on Which platform does R/3 Run.

3 Answers   IBM,

---

Can we cancel / reverse the payment made through APP.

3 Answers   Cap Gemini,

---