Interested to Buy Any Domain ? << Click Here >> for more details...
why we need reconciliation account in SAP for AP and AR
plz give em answer in details
- 7 Answers
- 20817 Views
- HP, I also Faced
- E-Mail Answers
Answer Posted / keerthi
for a company many customers and vendors are present there is opurtunity to create a gl to each customer or vendor but we cant create like that so we create a reconcilation account as main gl account and customers and vendors are created as sub ledgers.....we group them both in there master records
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
Will a customer get support when recompiling the linux kernel or using 3rd-party software that modifies it?
What do you mean by net postings? : fi- general ledger accounting
Explain intercompany postings. : fi- general ledger accounting
What is a controlling area? How is it related to a company code? : co- general controlling
What is direct activity allocation? : co- cost center accounting
What is the number of configured currencies per company code?
Why do you need country chart of accounts?
What are organisational units in sap ?
What are Business Partner Conversions? How would you perform Business Partner Conversions and why are they necessary? Discuss Business partner conversions on the SAP Treasury side? Explain the scenario in detail?
What is the difference between the R/3 4.6version to R/3 4.7 version?
Do you require to configure additional ledger for parallel currencies?
What is depreciation? Explain the various types? : fi- asset accounting
What are roles you have played in roll out project ?
Explain asset accounting? : fi- asset accounting
how to execute COPA reports ?
