What is noted item in SAP FICO?

In SAP FICO, a noted item is a special type of posting that does not affect the financial position of the company. It is used to remind the accounting department about pending transactions or commitments. Noted items include transactions like payment requests, down payments, or bills of exchange that require attention but are not yet due for payment. These items are recorded with specific indicators and can be referenced later for action. Unlike standard accounting entries, noted items do not impact the ledger balances but serve as memorandums to prompt future financial activities or reviews.

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