What do you understand by Open Item Managed Account?

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Sarvottam Darshan

  • Feb 21st, 2006
 

Open item management ensures that all items that have not yet been cleared are available in the system. Only after every open item in a document is cleared can a document be archived.

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praveen kumar

  • May 23rd, 2006
 

the items  in an open item account are marked either open or cleared.the balance of an  account  with open item management is always the balance of the open item. you should manage gl accounts on an open item basis if you need to check for a particular business transaction.

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