SAP Clearing Document: How to Find and Analyse Cleared Items An SAP clearing document records the accounting entry that clears one or more open items. It provides the link between documents such as invoices, payments, credit notes and adjustments once SAP has treated...
SAP FBRA: How to Reset Cleared Items Safely SAP FBRA is the transaction used to reset cleared items in SAP. It is normally required when a payment, credit note or other clearing entry has been applied to the wrong open item, or when the clearing needs to be reversed...
How to Prepare Reconciliation Evidence for Provision 29 It is two weeks before year-end, and the finance team is asked to produce the evidence supporting a material balance sheet reconciliation. The final spreadsheet is easy to find. The original supporting report is...
How vendor reconciliation can help reduce late-payment exposure A supplier calls to chase an overdue invoice. The accounts payable team checks SAP and finds no record of it. The supplier insists the invoice was sent six weeks ago and points to the outstanding item on...
What the Commercial Payments Bill could mean for SAP accounts payable teams An invoice appears on a supplier statement but cannot be found in SAP. The AP team searches its inboxes, checks whether it was sent to another entity and asks the supplier to provide another...
