what is reconciliation account can you directly enter
document in that a/c?




Answers were Sorted based on User's Feedback



what is reconciliation account can you directly enter document in that a/c?..

Answer / sridhar

Reconciliation account is the link between General Ledger
and sub ledgers. we can't use reconciliation A/c to post a
document directly.

Is This Answer Correct ?    8 Yes 0 No

what is reconciliation account can you directly enter document in that a/c?..

Answer / pp

Recon accournts are Gl accounts that receive the data from
subledger accounts.It means transaction data are not
directly posted to recon account.Examples of recon are
AR,AP,Fixed Asset GL.For AR GL the subledger is Customer
account.All the transactions with customer are posted
directly to Customer account and Recon account is
automatically updated.When u create the customer account you
have to specify the Recon account under company code data.

Is This Answer Correct ?    3 Yes 0 No

what is reconciliation account can you directly enter document in that a/c?..

Answer / hari

Hi All,

If sub ledger and main ledger are interconnected and entries are posted automatically then why do we do month end reconciliation between subledger to main ledger. example customer to sundry debtor....

Is This Answer Correct ?    0 Yes 0 No



Post New Answer



More SAP FI CO Interview Questions

Hai.... bro this is phani. i completed sap fico training in 2015. my edu qualification is M.com (2009), PGDHRM (2010) so i will try to get the job in software sector. i cant understand how to get the job. i have strong knowledge in sap fico. i will ready to join as a fresher or exp. and without salary why because i want software job immediately. any one PROJECT MANAGER or HR ready to give the job then take my any number of months salary i want job only. sir can u pls give me opportunity once then i will prove my self. my Mail ID : praneeth.pirangi@gmail.com. cell no.9959078088, 9440167330. please help me. please.... pls...... pls...... pls...... pls............

0 Answers  


What is the ESI sheet?and its role in real time

0 Answers  


What are the statistical key figures and what are they used for?

4 Answers  


What is the use of AS-IS and TO-BE in ASAP methodology

4 Answers   TCS,


Hello friends, i am persuing SAP FICO can u please suggest me how to get job after complition of course. infact every company asking for at least 3 years of domain experience if every company askinh only for experince holder then wher the fresher will go, how do fresher will get expreince untill and unles they don't get opportunity to work with. it seems it is very dificult to get job in this field.please senior help me ..... please, if there is any opening in your company then please inform me on g.amresh@gmail.com

5 Answers   Wipro,






Suppose there are 10 branches under one company code. How we deal in SAP.

4 Answers   ushacomm,


assets how upload in LSMW

1 Answers   Accenture,


HI GURUS,anybody tell me what is the use of UTILIZATION DETERMINATION IN CIN. PLESE

2 Answers   TCS,


In vkoa screen what is the integration point in SD and FI.What settings we do?

3 Answers   HP,


How many Business Processes are in sap at time of implementation

2 Answers   Enteg Technologies,


What are the top 3 questions you have to ask before going to start the implimentation of project?

0 Answers  


What is the SOP Planning?

1 Answers   IBM,






Categories