What is clearing restriction in SAP FS-CD - Collections/Disbursements?

SAP Term: clearing restriction

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Prevents clearing for open items.

Smart SAP Assistant

• Key Concepts: 
  Clearing restriction is a feature in the SAP FS-CD Collections/Disbursements component that allows users to restrict the payment of invoices to a certain amount. This feature is used to ensure that only invoices with an amount below the specified limit can be paid. This helps to prevent overpayment of invoices and ensures that only the correct amount is paid. 
  
  How to use it: 
  To use the clearing restriction feature, users must first set up a clearing restriction limit in the system. This can be done by navigating to the “Settings” tab in the SAP FS-CD Collections/Disbursements component and selecting “Clearing Restriction” from the drop-down menu. Once the limit has been set, users can then select which invoices they want to pay and enter the amount they wish to pay for each invoice. If the amount entered is above the clearing restriction limit, then the payment will not be allowed. 
  
  Tips & Tricks: 
  It is important to remember that the clearing restriction limit applies to all invoices, not just those selected for payment. Therefore, it is important to ensure that all invoices have an amount below the specified limit before attempting to pay them. Additionally, it is also important to remember that any changes made to the clearing restriction limit will take effect immediately and will apply to all future payments. 
  
  Related Information: 
  For more information on how to use the clearing restriction feature in SAP FS-CD Collections/Disbursements, please refer to SAP’s official documentation on this topic. Additionally, there are also several online tutorials available that provide step-by-step instructions on how to set up and use this feature.