Payment Accounting

Hi,

In our existing system we are not using Cash Management,

But as per requirement of client we now need to use Cash Management and Auto Reconciliations

Hence to use the option we now need to route all Payments and Receipts through Cash Clearing.

Can we change the Payables Options>>Payment Accounting option of Account for “When Payment Clears”?

Will this have any impact on existing or future payments, or can we change this in future again back to “when payment is issued”

As I am facing the note, as attached