Customer clearing

Account Clearing in SAP with BEST GL Clearing

Account Clearing in SAP with BEST GL Clearing

Why Reconcile General Ledger (GL) Accounts At All? The financial statements of your business provide the basis for key decisions by internal and external stakeholders. GL account reconciliation is essential to ensure that GL accounts, and the resulting financial...

Clear Customers in SAP

Clear Customers in SAP

“Can BEST help us clear customers in SAP?” When discussing the clearing of open items in SAP with clients, this question frequently arises because of several common challenges faced by businesses managing customer accounts: A single lump-sum payment is received in the...

Intercompany Clearing in SAP

Intercompany Clearing in SAP

The use of intercompany clearing in SAP is sometimes an unused tool to combat intercompany balances spiralling out of control. Probably the main reason why it is not used extensively is because intercompany clearing in SAP is highly manual. SAP users are required to...

How To Perform Intercompany Reconciliations in SAP

How To Perform Intercompany Reconciliations in SAP

Intercompany reconciliation can be one of the most challenging parts of the month-end close in SAP. High transaction volumes, complex trading relationships and inconsistent account assignments can make it difficult for finance teams to identify and resolve differences...