Account Clearing in SAP with BEST GL Clearing

Account Clearing in SAP is a favourite pastime of SAP Finance users.  This pertains to the act of managing and clearing Open Items in SAP – across open item managed GL accounts, Customers and Vendors. Open item management in SAP is its way of “reconciling” the items on your accounts. Once you have cleared the items, their status in SAP is changed to a Cleared Item. In simple reconciliation terms, “Open” represents unreconciled and “Cleared” represents Reconciled. As an Accountant or SAP Finance user, [...]