Expense Clearing A/C:when it occur?
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.
Jimmy Michael replied
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