Cross-Company Code Clearing 
Cross-Company Code Clearing
Use
In a single clearing transaction, you can clear open items across several company codes. The system must, however, be specially configured for this. For each clearing transaction (payment, credit memo, or transfer posting), the system administrator specifies those company codes to which postings must be made (in addition to the company code you have entered).
The open items of all the company codes involved are then automatically selected and when the clearing is posted, several documents (one per company code) with one joint cross-company code transaction number are generated simultaneously.
If open items from an account in other company codes, for example, 0002 and 0003, should be selected when executing a clearing transaction for company code 0001, you can still clear them even if the account from which you are clearing them is not created in company code 0001. As long as no items have to be posted to this account in company code 0001, it is not necessary to create a master record for the account in company code 0001.