What is the Difference between Reconciliation A/C and
Normal Posting A/c
Answers were Sorted based on User's Feedback
Answer / rohan
Hi,
Generally all the revenue postings are made to the G/L
account. We maintain reconciliation account for customers,
vendors etc and the postings from the normal G/L account
are updated automatically to the corresponding
reconciliation account.
In other words, manual entries can be posted in the normal
G/L account and the same is not possible in the
reconciliation account, as these are automatically upadted.
Thanks
Is This Answer Correct ? | 10 Yes | 1 No |
Answer / rocky
rec acc is parlel to sub led ac and it helps in normal
postings
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / subha
reconcilation account comes for export and import sales and
the condtion type is dffrent it is kofaib and is used only
for forgien trade ( exim ) policy
Where as the nromal posting account relates to your revenu
account ( normal business process)
Is This Answer Correct ? | 0 Yes | 3 No |
Please advise the basic technical difference between quotation and sales order?
Can we change the item category in sales order level?
Can we configure third party skus to consignment process.
explain any three organizational elements make up a sales area and their function?
In standard sap, there is no availability check done at quotation level. But the client wants to have availability check at quotation level itself. how to do it in sap. My E-mail: eie.sankar@yahoo.com
How is the item category determined?
What is sap transport layer? : transportation management
How many shipping points can we assign to a plant? Which different partner functions can a customer master record serve?
What is physical inventory management?
In Retail business scenario, How can we do the PGI if material is not available? Mean customer ready to take the material but physically and in system material is not available ? Is it any way to do delivery?
How to create movement type 601?In Case if we cant't find in movement type list?when we have to create to delivery with respect to order
Except billing where is the touchpont of SD with FI during the transactions