CLEARING PROCEDURE title: clearing procedure (FI) (SAP Library - Glossary)
CLEARING PROCEDURE category: Financial Accounting (FI)
CLEARING PROCEDURE explained:
A procedure by which open items are cleared.
This procedure enables you to post an incoming payment and clear the invoice(s) paid in a single step. There are two types of clearing procedure within the system:
Account clearingWhen you clear an account, you can clear items in one currency only (there must be no need for additional postings).
Posting with clearing:When using this function, you can post and clear items at the same time.
More terms such as clearing procedure in Dictionary C.
- Manual Compensation Plan:
- Help the Compensation Administration component used for calculating the new amount or quantity of a salary component following a review. Compensation plans can be assigned one of the the following clearing procedure definition.
- Manual Conversion Rule (BC-SRV-COM):
- Help that converts documents to be sent externally into a format that the external communication system supports. Example: Documents to be sent from the SAP System as faxes have to be converted to a clearing procedure explain.
- Manual Coverage Amount/Rate:
- Help Portion of the costs calculated by the hospital for services performed that the respective insurance provider has to bear clearing procedure what is.
- Manual Contract Catalog For Service Specifications:
- Help A contract catalog that consists of one or more model service specifications clearing procedure meaning.
- Manual Currency Devaluation (EC-CS):
- Help monetary currency by means of governmental statutes. Typically, devaluation of a currency takes place only in countries with high inflation. It can lead to the introduction of a new national currency clearing procedure abbreviation.
