What is partial clearing in SAP FI - Financial Accounting?

SAP Term: partial clearing

• Component: FI

• Component Name: Financial Accounting

• Description: A transaction in which open items are not cleared to their full amount.

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• Key Concepts: 
  Partial clearing is a feature in SAP Financial Accounting (FI) that allows users to partially clear open items in a customer or vendor account. This means that instead of clearing the entire open item, users can select a portion of the open item to be cleared. This is useful when dealing with partial payments or when dealing with multiple open items that need to be cleared at once. 
  
  How to use it: 
  Partial clearing can be accessed through the SAP FI module. To use partial clearing, users must first select the customer or vendor account they wish to clear. Then, they must select the open items they wish to partially clear and enter the amount they wish to clear. Once this is done, the system will automatically update the customer or vendor account with the new balance. 
  
  Tips & Tricks: 
  When using partial clearing, it is important to ensure that all of the information entered is accurate. This includes the customer or vendor account, the open items selected, and the amount being cleared. Additionally, it is important to double-check that all of the open items have been cleared correctly before closing out the transaction. 
  
  Related Information: 
  Partial clearing is just one of many features available in SAP FI. Other features include payment terms, payment blocks, and payment methods. Additionally, there are various reports available in SAP FI that can help users track their financial transactions and accounts more effectively.