What is transfer posting in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: transfer posting

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: Posing where items are cleared and posted to a target account, with the posting information taken mainly from the original items. The only difference in the new items is the origin and posting date. Transferring receivables or credits is necessary, for example, if a business partner takes over the rights and obligations of another business partner in the case of an inheritance, or if a business partner takes over the debts of another.

Smart SAP Assistant

• Key Concepts: 
  Transfer posting is a process in the SAP FI-CA Contract Accounts Receivable and Payable component that allows for the transfer of open items from one account to another. This process is used to move open items from one account to another, such as when a customer changes their account number or when a customer has multiple accounts. 
  
  How to use it: 
  To use transfer posting, you must first select the source and target accounts. Then, you must select the open items that you want to transfer. Once the items have been selected, you can then transfer them to the target account. The open items will then be moved from the source account to the target account. 
  
  Tips & Tricks: 
  When using transfer posting, it is important to ensure that all of the open items are correctly transferred. It is also important to ensure that all of the necessary information is included in the transfer, such as customer information and payment terms. 
  
  Related Information: 
  Transfer posting is a useful tool for managing customer accounts in SAP FI-CA Contract Accounts Receivable and Payable. It can also be used in other components of SAP, such as Materials Management and Sales & Distribution.