What is external clearing in SAP CRM-MKT - Marketing?

SAP Term: external clearing

• Component: CRM-MKT

• Component Name: Marketing

• Description: Coupon clearing using an external clearing house.

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• Key Concepts: 
  External Clearing is a process in SAP CRM-MKT Marketing that allows for the transfer of open items from one customer account to another. This process is used when a customer has multiple accounts and wants to transfer open items from one account to another. This process can also be used to transfer open items from one company to another. 
  
  How to use it: 
  External Clearing can be accessed in SAP CRM-MKT Marketing by navigating to the “External Clearing” tab in the “Accounts” menu. Once there, users can select the accounts they wish to transfer open items between and enter the amount of the open item they wish to transfer. Once all of the information is entered, users can click “Transfer” to complete the process. 
  
  Tips & Tricks: 
  When using External Clearing, it is important to ensure that all of the information entered is accurate and up-to-date. Additionally, users should double-check that all of the accounts involved in the transfer are valid and active before completing the process. 
  
  Related Information: 
  External Clearing is related to other processes in SAP CRM-MKT Marketing such as Account Assignment and Payment Processing. Additionally, External Clearing can be used in conjunction with other processes such as Credit Management and Risk Management.