here we have to tell one thing A/R and A/P are sub ledger accounts to FI.

WHAT IS THE RECONSILLATION ACCOUTN
WHAT IS THE NEED OF RECONSILLATION AND WHERE IT EFFECTED
CAN WE MANINTAIN CUSTOMER AND VENDOR MASTER RECORD WITHOUT
RECONSILLATION ACCOUNT.

Question Posted / avsp. dhurga

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Answer Posted / avsp. dhurga

here we have to tell one thing A/R and A/P are sub ledger
accounts to FI. So if we post any document in A/r or A/P
it will be effected to G/L with the connection of
reconciliation Account. we cant maintain vendor and
custoer master record with reconciliation account. For
Sundry Debtors we assing the customers against the
reconciliation account for account type and in the case of
Sundry Creditors we assign vendors against the
reconciliation account for account type. so it is
mandatory.

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