Clearing Functions in the General Ledger
Use
You can use the following functions for clearing open items manually:
Posting transaction |
Example |
Choose |
Incoming payment |
Credit memo for a check deposited at the bank |
Document entry ® Incoming payment |
Outgoing payment |
Debit memo for an issued check |
Document entry ® Outgoing payment |
Post with clearing |
Clearing the GR/IR clearing account |
Document entry ® Post with clearing |
Outgoing payment |
Debit memo for an issued check |
Document entry ® Outgoing payment |
The following information is based on the Post with clearing function. For entering posting data, there are different screens for different clearing functions. Processing open items is however the same for all clearing functions.