What is combined acceptance request posting and clearing in SAP PSM-FM - Funds Management?

SAP Term: combined acceptance request posting and clearing

• Component: PSM-FM

• Component Name: Funds Management

• Description: A process based on the Acceptance Request function in used when a customer makes a payment, but there is no open item on the customer account. The functions for combined acceptance request posting and clearing create an acceptance request and balances the clearing account in one work process. The open item posted in the customer account is cleared immediately.

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• Key Concepts: 
  Combined acceptance request posting and clearing is a process in SAP Funds Management (PSM-FM) that allows for the posting of an acceptance request and its subsequent clearing in one step. This process is used to post and clear acceptance requests for funds that have been received from external sources, such as customers or vendors. The process also allows for the posting of a payment request and its subsequent clearing in one step. 
  
  How to use it: 
  To use the combined acceptance request posting and clearing process, first enter the acceptance request in the Funds Management module. Then, enter the payment request in the same module. Finally, post both requests together using the combined acceptance request posting and clearing process. 
  
  Tips & Tricks: 
  When using the combined acceptance request posting and clearing process, it is important to ensure that all of the necessary information is entered correctly. This includes the amount of funds being accepted or paid, as well as any other relevant information such as customer or vendor details. 
  
  Related Information: 
  For more information on combined acceptance request posting and clearing in SAP Funds Management (PSM-FM), please refer to the SAP Help documentation.