In SAP FICO, the term «clear item» refers to the process of matching and offsetting related debit and credit entries to settle outstanding balances. This is commonly used in accounts receivable and accounts payable to ensure that payments, invoices, and other financial transactions are accurately recorded and reconciled. When an item is cleared, it means that the corresponding entries have been matched, and the open items are marked as cleared, reducing the outstanding balance to zero. This process is essential for maintaining accurate financial records and ensuring that the company's financial statements reflect the true financial position.

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