Business Processes

Clearing control actually controls the assignment of an incoming payment to open items, as well automatic and manual assignment between items that have already been posted. On the basis of the assignment, clearing, partial clearing or a payment on account takes place for the selected items.

The underlying clearing concept offers comprehensive and flexible control. This allows you to use company-specific Customizing requirements to define the set of rules you want or need, and to reduce the amount of manual processing of accounts done by processing clerks.

Clearing control

Assigns customer-initiated incoming payments for a policyholder (such as bank transfer, cash payment) to open items, and clears them if required.
Assigns open items on policyholder accounts (such as credit and receivables) to one another, and clears them if required.
Assigns items (such as credit) on a clearing account, for which the coverage check is active, to items (such as receivables) whose accounts are paid using this account, and clears them if required.

Note Note

Clearing type 06 (and a payment run-related clearing category, if required) are implemented for the payment run. It is not clearing variant settings that are relevant for this usage, but instead the settings for extended grouping in the Implementation Guide ( Start of the navigation path SAP Insurance Next navigation step Collections/Disbursements Business Transactions Payments Incoming/Outgoing Payment Creation Extended Grouping End of the navigation path ).

End of the note.

Implementation Areas

The following transactions in FS-CD process the settings for clearing control.

Customer-initiated incoming payments:

Start of the navigation path Collections/Disbursements Next navigation step Payments End of the navigation path

Start of the navigation path Payment Lot End of the navigation path

Start of the navigation path Check Lot End of the navigation path

Start of the navigation path Credit Card Lot End of the navigation path

Start of the navigation path Cash Desk Next navigation step Cash Payment End of the navigation path

Assignment of open items:

Collections/Disbursements

Start of the navigation path Account Next navigation step Maintain End of the navigation path

Start of the navigation path Periodic Processing Next navigation step For Contract Accounts Automatic Clearing End of the navigation path

Payment of contract accounts using clearing accounts:

Start of the navigation path Collections/Disbursements Next navigation step Periodic Processing For Contract Accounts Payment Run End of the navigation path

You can find information bout the named transactions by calling up the Start of the navigation path Help Next navigation step Application Help End of the navigation path menu option from the initial screen for the transactions.