The clearing program also uses the clearing transactions provided for manual account maintenance. For example, automatic posting of exchange rate differences, or automatic generation of transfer postings if items from different business areas or trading partners are involved in clearing. Furthermore, the program can clear documents that were posted using the net method and documents that contain parallel currencies.
When you create clearing groups, the business area and trading partner are no longer automatically used as fixed grouping criteria. This enables you, for example, to carry out automatic cross-business area clearing.
You must also specify a clearing date.
If you want the system to continue to group open items by business area or trading partner for automatic clearing, you have to maintain these criteria (user criteria). There are five user criteria and a variety of fields you can choose from. The system lets you specify field names that are longer than five characters and fields that have an internal length of up to 20 places.