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.

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.

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....

What is account determination ? : fi- asset accounting

0 Answers  

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Name some settlement receivers for co internal orders? : co-pa

0 Answers  

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Name any 5 CO tables and How do CO Consultants use the CO tables and other tables?

0 Answers  

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why we need reconciliation account in SAP for AP and AR plz give em answer in details

7 Answers   HP,

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Explain what is posting key and what does it control?

0 Answers  

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Give me an Example for functional specifications in sap fico

0 Answers   IBM,

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Hello Friends, is there any options for opting any one Posting key for all types of Docs, like 40(Debit) for GL,Vendors,Customers and Assets etc.

2 Answers  

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What type of reports we get from COPA? I want some examples

0 Answers  

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What is document type, and what does it control? Give an example.

0 Answers  

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What do you understand by cost center, profit center in controlling? : cost center accounting

0 Answers  

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Say (e.g) in Salary G/L A/c instead of giving P&L they select Balances sheet & it is saved & in this they passed some entry also. But now I have to Select P&L in the Salary G/L. (Note should not create new G/L. In the same Salary G/L I have to change) Tell me how you can change

3 Answers  

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What is to be defined for a push button fields in the screen attributes?

0 Answers  

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