Defining Clearing Accounts
UseClearing accounts are used to clear reconciliation postings in Financial Accounting. Depending on whether you have made cross-company-code, cross-functional-area, or cross-business-area allocations, different accounts are necessary.
The system makes postings to the company code clearing accounts using a certain hierarchical sequence.
You create clearing accounts as follows:
In Customizing for Financial Accounting you must prepare cross-company-code transactions. For more information, see the Customizing for Financial Accounting® G/L Accounting ® Business Transactions ® Prepare cross-company-code transactions (see: Prepare Cross-Company Code Business Transactions)
During order settlement to an asset in a different company codes, the R/3 System automatically posts from Asset Accounting to the company code clearing account. No reconciliation takes place through the reconciliation ledger.
Unlike clearing accounts for business areas, clearing accounts for business and functional areas are not structured by debit and credit accounts. You create them as follows:
In the system settings for Financial Accounting, you define the clearing account using the transaction key GA0. For more information, see the IMG for Financial Accounting under