Lease Accounting - alternatives to Open Item Management for Lease Clearing Account

[kezelda]

Hi all,

A user has requested that we activate Open Item Management for our lease clearing account - however, the system does not allow us to do this due to the fact that ledger specific postings are used in the valuation process. 

Does anyone know of any alternatives to OIM we could use to make reconciliation of the leasing clearing account easier?

Thanks

[HenrikeGrötecke]

Hello, thank you for your question. It has been forwarded to the experts. Kind regards, Henrike

[nils_kronenberg]

Hi,

please see the SAP FAQ Note Note 2661237  point 16, which describes this requirement.

"...

16. Accounts: What do I have to consider when setting up the leasing accounts?

Via the clearing account(s), * to vendor account are split into a posting specific valuation. Examples for this can be found in the posting examples attached to SAP Note Note 2255555 .

The clearing account also enables you to post additional activities from different vendor posting sources depending on the valuation. This way you can post the clearing account for example from RERAPP, but also from appointment and recurring * purchase orders or invoice receipt 

Account determination of the clearing account:

SAP recommends the clearing account as a balance sheet account in the assets.
For the clearing account, open item management should NOT be activated (note that clearing of the account is not possible due to the ledger- / account-specific further processing. This applies for normal open item management as well as for ledger-specific clearing.
The clearing account line items should be managed.
For the clearing account, the indicator "Only Manage Balances in Local Currency" (SKB1-XSALH) must NOT be set.

Kind regards

Nils

[kezelda]

Thanks but we're aware of this note and it's just restating what I already described in my original post (that we're unable to use OIM for the lease clearing account). What we are looking for is a way to make reconciling this account easier.