Cash Clearing Learning Objectives

Introduction to Cash Clearing Process

Unravel the mystery behind clearing accounts. Learn why clearing accounts are used in finance and accounting. Learn why so many clearing accounts are defined in ERPs and Automated Accounting Systems.

The learning objectives of this lesson are:

Learn the meaning of Clearing as business concept

Meaning of Clearing Account

Cash Clearing Account and Cash Clearing Process

Cash Clearing – Accounting Entries with some Examples

Understand the difference between Clearing & Suspense Accounts

Introduction to Cash Clearing Process

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