What is 'open item' in SAP SBO - SAP Business One?

open item - Overview

• Component: SBO

• Component Name: SAP Business One

• Description: In purchasing or sales, a document that has not yet been transferred to a follow-on document. &EXAMPLE& Outgoing invoice without incoming payment

open item - Details

• 
  Key Concepts: 
  Open item is a term used in SAP Business One (SBO) to refer to an invoice or payment that has not been fully settled. This means that the amount of the invoice or payment has not been fully paid or received. Open items are tracked in the system and can be used to monitor the status of payments and invoices.
  
  How to use it: 
  In SAP Business One, open items can be viewed in the Accounts Receivable and Accounts Payable modules. The open items list will show all invoices and payments that have not been fully settled. This list can be used to monitor the status of payments and invoices, as well as to identify any discrepancies between what has been paid and what is owed.
  
  Tips & Tricks: 
  It is important to regularly review the open items list in order to ensure that all payments and invoices are being tracked accurately. Additionally, it is important to ensure that all open items are settled in a timely manner in order to avoid any potential issues with cash flow.
  
  Related Information: 
  For more information on open items in SAP Business One, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESS_ONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d2b5f1e4d7c2a.html