Defining and Maintaining Clearing Procedures in SAP FICO

You can change the clearing procedures that are delivered with the standard system. The functions for incoming and outgoing payments and the function for account clearing were both assigned to a separate clearing procedure. If your company requires additional procedures, you can define them for the general clearing function. To do this, you have to maintain the necessary posting keys and the text that is displayed for choosing the procedure on the initial screen of the general clearing function.

You cannot delete the procedures that are included in the standard system. You can delete only the procedures that you define.

For more information on how to create or change clearing procedures, in Customizing for Financial Accounting see the Define Posting Keys for Clearing activity .