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.
- 6 Answers
- 10353 Views
- ProBizz, I also Faced
- E-Mail Answers
Answer Posted / vkc
While posting data throw subledgers (like,
customer/vendor/asset master records, it should be
automaticlly updating in main GL A/c. That is the reason
sap is useing reconcialation.
Without reconcialatiion u can creat master record, but
cannot post any entry in subleger.
Procedure: Create GL a/c in fsoo, control data
reconcialation type has to be select.
when ur creating customer/vendor a/cgroup, field status
make it required entry.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Define the term "posting period varient"?
if sap master data has been change due to user demand how to test his result
What is internal and external number ranges? Discuss how they differ in their use?
what do you mean by the reversal posting?
What are non-fixed characteristics or user defined characteristics? : co-pa
What are the necessities of a dialog program must complete?
What is difference between ECC6 and lower level? briefly explain me
Explain managerial closing? : fi- general ledger
Could any one explain Process Flow and Integration of HR with FI.
How we manage Cheque Management Systems in SAP?
What are the important organizational elements of co? : co- general controlling
What are the different types of cost elements? : cost center accounting
What is direct activity allocation? : co- cost center accounting
Hi, i heard that indian banks will not support electronic bank statement. If it is right, in lock box procedure every bank should send the statement in an electronic file right? How will they manage it?
How is component scrap maintained in sap?
