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Expense Clearing A/C:when it occur?

Dear All,

I would like to know when the expense clearing A/C under tab: inventory of a/c determination occur in the system.

thanks in advance.

Former Member
replied

Hello,

In the glossary pdf file of SAP B1 2005A, clearing account definition is :

An account to which postings are recorded temporarily.

Clearing accounts are auxiliary accounts that exist for technical reasons and which are cleared repeatedly.

• Postings may need to be made to a clearing account because of:

• A time gap between accounting transactions (GR/IR clearing account)

• Organizational task distribution (bank clearing account)

• Accounting transactions requiring clarification

Rgds,

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