What is transferable clearing position in SAP CYT - Capital Yield Tax?

SAP Term: transferable clearing position

• Component: CYT

• Component Name: Capital Yield Tax

• Description: Balance of the other losses cleared by profits from stocks. The transferrable clearing position is stored for each tax year.

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• Key Concepts: 
  Transferable clearing position is a feature of the CYT Capital Yield Tax (CYT) component in SAP. It allows for the transfer of a clearing position from one company code to another. This is useful when a company has multiple company codes and needs to transfer a clearing position from one to another. 
  
  How to use it: 
  To use the transferable clearing position feature, first select the company code from which the clearing position will be transferred. Then select the company code to which the clearing position will be transferred. Finally, enter the amount of the clearing position that will be transferred. 
  
  Tips & Tricks: 
  When transferring a clearing position, it is important to ensure that the amount being transferred is correct. Additionally, it is important to ensure that both company codes are in the same currency. 
  
  Related Information: 
  The transferable clearing position feature can also be used in conjunction with other features of the CYT component, such as automatic postings and automatic reversal postings. Additionally, it can be used in conjunction with other components of SAP, such as Financial Accounting (FI) and Controlling (CO).