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What is Open Item Management

Let me know what is the use of "Open Item Management" in GL creation.

I read abt it by clicking F1. But i didn't got clarity. I just came to know that it should be used for balance sheet items. That too there are many balancesheet items like bank accounts, raw material account for which it should not be used...

So please clarify it on your own words i.e. what is "Open Item management" & where it should be used.... ?

Former Member

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