What is open subitem in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: open subitem

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: A line item that contains the open residual amount of a partially cleared item. In each renewed partial clearing of an open subitem, the residual amount is reduced by the respective amount cleared.

Smart SAP Assistant

• Key Concepts: 
  Open subitem is a feature in the FI-CA Contract Accounts Receivable and Payable component of SAP. It allows users to create and manage subitems for a contract account. Subitems are used to track different types of payments, such as payments for different services or products, or payments from different customers. 
  
  How to use it: 
  To use open subitem, users must first create a contract account in the FI-CA component. Once the contract account is created, users can create subitems for the account. Each subitem can be assigned a unique name and description, and can be used to track payments for different services or products. 
  
  Tips & Tricks: 
  When creating subitems, it is important to give each one a unique name and description so that it is easy to identify and track payments. Additionally, it is important to keep track of the total amount due for each subitem so that payments can be tracked accurately. 
  
  Related Information: 
  For more information on open subitem in SAP FI-CA Contract Accounts Receivable and Payable, please refer to the SAP Help documentation.