Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS THE RECONSILLATION ACCOUTN
WHAT IS THE NEED OF RECONSILLATION AND WHERE IT EFFECTED
CAN WE MANINTAIN CUSTOMER AND VENDOR MASTER RECORD WITHOUT
RECONSILLATION ACCOUNT.
- 6 Answers
- 12266 Views
- ProBizz, I also Faced
- E-Mail Answers
Answer Posted / pavs
reconcilation account is the summary of subledgers. g/l is
the main ledger and vendor,customer,asset accounts are the
subledgers.it effects in gl master record and vendor
masterrecord and customer master record.no we cant maintain
customer and vendor master record without reconcilation
account.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is Lock box in sap fico?
Will the fi document be created with the purchase order (po)? : fi- accounts payable
What is pbo and pai events?
What are the master data pre-requisites for document clearing?
Describe lockbox processing? : fi- accounts receivable
Explain customer/vendor master records? : fi- accounts receivable
What is an intermediate bank? : fi- general ledger accounting
What assurance the integration of all application modules?
At the time of sap implementation what are the basic details required by CO guy, SD, MM, and PP guy from a FI guy...?
What is an account group and where it is used?
What are field status groups?
What is the chart of account and how many charts of accounts can be assigned to a company?
What is accrual calculation?
How is master data different from transaction data?
Is it possible to create asset classes automatically? : fi- asset accounting
