What is Due Clearing in SAP AP-DUE - FIN Due Item Processing?

SAP Term: Due Clearing

• Component: AP-DUE

• Component Name: FIN Due Item Processing

• Description: A group of receivables and payables for clearing.

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• Key Concepts: 
  Due Clearing is a process in SAP that allows users to clear open items in Accounts Payable (AP) and Accounts Receivable (AR). This process is used to reconcile open items between the two accounts and ensure that all payments and receivables are accounted for. The Due Clearing component of SAP is part of the AP-DUE FIN Due Item Processing module. 
  
  How to use it: 
  To use the Due Clearing process, users must first select the open items they wish to clear. This can be done by selecting the items from a list or by entering specific criteria such as document numbers or customer/vendor numbers. Once the items have been selected, users can then enter the clearing document number and the clearing date. The system will then automatically clear the selected items and update the accounts accordingly. 
  
  Tips & Tricks: 
  When using Due Clearing, it is important to ensure that all of the selected items are valid and that they are being cleared correctly. It is also important to double-check that all of the information entered is correct before submitting the clearing document. 
  
  Related Information: 
  Due Clearing is just one of many processes available in SAP’s AP-DUE FIN Due Item Processing module. Other processes include Payment Processing, Credit Management, and Document Posting. For more information on these processes, please refer to SAP’s documentation or contact your local SAP representative.