Answer / bhaskar

The reconciliation accounts are maintained in the master
record of customers/vendors,so that all postings made to
subsidiary ledger are also posted tothe G/L.when the items
are posted to subsidiary ledger the sap system
automatically poststhe same data to the G/L a/c's
via.Reconciliation a/c in the G/L.

Answer / syed gouhr ali

Recon accounts of customer and vendor are the GL accounts.
The purpose of these recon accounts is to display the total
balance of tens and hundreds of customers and vendors a
company code may have. If we were to post entries directly
in the recon account of so many customer or vendors, at the
day end we will be lost while figuring out the balances of
each customer and vendor individually because they will all
be mixed up in just one account.
Therefore, we only post to the individual customer or
vendor accounts ( also known as the subsidiary account) and
through the link we create, all the balanes of these
accounts are updated on the recon account.
The benefit: If we need to check the balance of Customer
ABC, we go to the customer account ABC and check how much
they owe us, if we want to check the total outstanding
towards all customers, we go to the recon account and check
the customer total. Like wise for the vendors.

Answer / psmarathe

In simplest way, recon acct is linking between sub ledger
and G/L. Posting is not the purpose of the recon acct and
hence nothing can be posted to recon manually.

Answer / visal123

Reconciliation account will come under Chart of Account.
The customer account will come under General ledger. The
customer / Vendor account will be reconciled by the
reconciliation a/c.We can not enter document directly to
recon. a/c

Answer / pavan.tavva

whenever transaction like invoice / payments are posted in
vendors/customers accounts, system automatically updates the
accounts {sundry creditors/debtors}

Answer / nirav

Reconciliation Account is basically Balance sheet account
so we can't enter any entry directly to this acoount.it
maitain only for perticular Group like For Vendor or
coustomer

Answer / ujay

RECONCILIATION A/C IS PREPARED IN GL.A/C OF INDIVIDUAL
CUSTOMER AND VENDOR ARE MADE IN SUB LEDGERS LIKE AP,AR.THESE
SUB LEDGER ARE CONNECTED WITH GL.THE PATH THROUGH WHICH THEY
CONNECT KNOWN AS RECONCILIATION A/C.

ACCOUNT RECEIVABLE{SUB-LEDGER}
RAM A/C INDIVIDUAL A/C AMOUNT ARE SHOWN
SHAM A/C


A SEPARATE A/C IS PREPARED IN GL KNOWN AS

DEBTOR A/C {IT IS RECON A/C} TOTEL AMOUNT WILL BE SHOWN AND
NOT INDIVIDUAL AMOUNT.

NO CAN'T DIRECTLY ENTER DOCUMENT IN THAT A/C

Answer / navneet multani

Reconciliation Accounts are G/L accounts that receive postings from a subsidiary ledgers. Meaning, transactions data are not posted directly to recon accounts. Example of recon accounts are Accounts Receivable, Accounts Payable and Fixed Assets G/L. For accounts receivable G/L the subsidiary ledger is the customer account. All transactions with the customers are posted directly to the customer account and the recon account is automatically updated. How this thing happen? Well, when you create a customer account you specify under the Company Code data the reconciliation account.

Answer / jhansi.j

reconciliation account ready for input
this field indicates that the reconciliation a/c ready for
input when you are posting a document. use this a/c when you
want to change the reconciliation account type while posting
a document.

Answer / prabhat meka

Debtors:

X (Domestic) GL-556361 300000 (Sub- Ledger)
Y (Export) GL-556362 200000 (Sub- Ledger)

TOTAL 500000 (Obtained using Recon
Account)

i can't fill the section code when simualting Tcode f-54 for clearing Special GL to Normal GL?

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