How many reconcilliation a/c can be assigned in vendor and customer? Can we cr

Categories >> Software >> ERP CRM >> SAP >> SAP FI-CO (Financial Accounting & Controlling)
Suggest New Category

How many reconcilliation a/c can be assigned in vendor and
customer? Can we create alternate reconciliation a/c in
vendor?

Question Posted / addie_84

7 Answers
15972 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / tapan

only one reconciliation account are assign in vender &
customer in a particular co.code.yes

Is This Answer Correct ?

11 Yes

0 No

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / frank

only one reconciliation account are assign in vender &
customer in a particular co.code.We can not create
alternative reconciliation a/c neither in vendor or
customers a/c.

Is This Answer Correct ?

4 Yes

0 No

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / rama mohan

Only one reconciliation account is assigned to vendor and customer in respective master records. we can create alternate reconciliation account in gl but not in vendor. We can change the reconciliation a/c assigned to vendors and customers while posting a transaction related to customer and vendor.

Is This Answer Correct ?

2 Yes

1 No

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / areef

For Customer we can use 140000 and for Vendor 160000 as standard SAP PROCESS

Is This Answer Correct ?

0 Yes

0 No

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / harihar

We generally maintain one reconciliation account and no alternative. However, if defined customer or vendor as domestic and foreigner we create two reconciliation account and assign one for each. If do so, two heading or gl will appear in Balance sheet. Hope it clears your doubts

Is This Answer Correct ?

0 Yes

0 No

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / srinivas

Alternate recon a/c can beassigned for spl gl not for a
particular vendor

Is This Answer Correct ?

3 Yes

5 No

How many reconcilliation a/c can be assigned in vendor and customer? Can we create alternate recon..

Answer / padma patnamshetty

Hi,

In Standard SAP, we can assign any no of reconciliation
accounts for a single vendor.

Ex: Once is special GL, normal GL sundry creditors.

Is This Answer Correct ?

1 Yes

5 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What is the month end and closing procedure?

1 Answers

What is new GL? What are the steps for configuring New GL? How is it different from its older counterpart? What are the advantages of having new GL?

4 Answers

my business is running from 2005 till now. how i want to introduce SAP system in organization. for this my plan like this : opening balance fy 2010-11 is taken and fy 2011-12 data is uploaded. My question is how to take fy 2010-11 opening balance with complete configuration procedure?

1 Answers Wipro,

what is mean alternative account number ?what is purpose ?

2 Answers IBM,

How we can transport number ranges of CO from one server to another ? Plz. give the t-code of transport.

4 Answers TCS,

What is sort key and how it controls?

3 Answers IBM, Zensar,

Where Is Assign Group Chart of Account And Country chart of Account

3 Answers NIIT,

What is the impact on the old balance when the reconciliation account in the vendor master is changed?

0 Answers

HOW WE CONSOLIDATE TWO COMPANY CODES AND WHAT ARE THE STEP WE DEFINE?

1 Answers JRF,

What is the meaning of Generate Asset Classes From GL Accounts. Kindly can any one tell me what is the meaning of this in detail.

0 Answers

What are the types of depreciation methods? : fi- asset accounting

0 Answers

What is sap fico?

0 Answers

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here