Clearing Account for Cross-Company Code Transactions: Example

Company codes 0001, 0002, and 0003 purchase goods together. Company code 0001 is used as the clearing company code and is always entered first. The first item (invoice item) is therefore entered in company code 0001. Offsetting entries between the company codes have to be posted in company code 0001, as well as company codes 0002 and 0003. The following figure shows the manually entered items and the automatic clearing postings.

To enable the automatic postings to be made, you must enter the clearing accounts for every combination of company codes you require in the system. In this example - because it uses a single clearing company code - entries for the clearing accounts for four combinations of company codes are required: