GL Clearing Transaction Concept : F-03

June 1, 2009 by mySAP · 1 Comment
Filed under: General Ledger Transaction 

The concept of G/L clearing transaction (F-03) in SAP

SAP Transaction code: F-03 use for clear the open items of G/L account.

The example would be:

  • For GR/IR clearing account, if the SAP clearing rules are not met in the automatic clearing then the line items won’t be cleared. Thus we need go for F-03 manually only.

    However,we can clear open items of 2 or more G/L account’s like debit open item of one G/L account by credit open item of another G/L account.

  • When users pass manual reversal entries instead of reverse the SAP document via transaction code: FB08 (Reverse FI Document). Open items has to be clear manually through SAP transaction code:F-03.
  • When SAP LIV document (posted by SAP transaction code: MIRO) is reversed through SAP transaction code: MR8M. Then we have to clear reversed document of SAP FI side through F-03.

 

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