while creating vendor reconcilation you should not select only local bala

Hi all can anybody help me...i am getting the following error when i am creating the GL ac for Vendor Recon ac,(only balance in local currency is selected) ...."Balances for reconciliation accounts only in local currency not defined" Message No fh061, however when i deselect the 'only balance in local currency' system is allowing me to save. should we not select 'only balance in local currency for recon accounts?'...help me please.

Thanks
Rajendran.

Question Posted / jayashree

1 Answers
10592 Views
I also Faced
E-Mail Answers

Answer Posted / jayashree

while creating vendor reconcilation you should not select
only local balance in currency

Is This Answer Correct ?

2 Yes

0 No

Post New Answer View All Answers

Please Help Members By Posting Answers For Below Questions

What are ‘commitment’ line items in co?

1130

What is a field status group? : fi- general ledger master data

1439

Hai i completed MBA finance and done SAP FICO than i want start my carrer with sap fico entry level .Is there any openings such jobs .suggest me any one plz................

1978

Relation between a controlling area and a company code?

1203

What is an operating chart of accounts?

1366

What are statistical key figures in co? : co-pa

1074

What are the 3 errors that you must have faced during Support?

2121

In sap what is the use of fsv ( financial statement version) ?

1164

Difference between depreciation ,accumulated depreciation and apc?

1160

Outline credit management in sap? : fi- accounts receivable

1051

What are the two uses of blocking an account? : fi- general ledger master data

1122

How are tolerances for invoice verification defined?

1304

What is "extended star schema" and how did it emerge?

1146

Why we do manual clearing?

2199

What do you mean by opening/closing posting periods?

1077