What Is SAP Open Line Item Management? What Do You Mean By Clearing Open Line Items?

Question

What Is Open Line Item Management? What Do You Mean By Clearing Open Line Items?

Answer 1

Open Line Item management is an additional rapprochement purpose. OIM enables you to illustrate the open and realized items and expenses in an account. OIM should be utilized if an offsetting insertion is presented for each line item posted in the report. The a/c is regulated and released upon another account. Ex. Salary clearing account and GR/IR Clearing account.