1. Automatic Clearing

IMG > Financial Accounting > General Ledger Accounting > Business Transactions > Open Item Clearing > Prepare Automatic Clearing

In this activity you enter the criteria for grouping an account's open items for automatic clearing. The clearing program clears the open items that are
grouped together if their total balance equals zero in local and foreign currency.
You must enter the following standard criteria:
•account type
•account number or a number interval
You can also enter a further five criteria.
You select these five additional criteria from the fields in table
BSEG or BKPF. If possible, you should choose fields that are also
contained in table BSIS (G/L accounts), BSID (customers), or BSIK
(vendors). You can determine the field names by displaying the tables
in the Data Dictionary, which you reach by choosing
Tools -> ABAP Workbench and then Dictionary.

Automatic clearing is required for GR/IR clearing accounts and Bank accounts, further automatic clearing is also required for Vendors and customers

Select the existing entries in SAP

Click on enter the chart of accounts YCCA

The accttyp is D for debtors K for creditors and S for General Ledger
The first criterion specified is the assignment field for account types.
This criteria’s can be selected based on the individual company requirements. The GRIR account can be cleared using the criteria Purchasing document and line item.