Answer / nag

Reconsulation account is the account which will help to cummulate the outstanding of the customer.
when we create invoice system generate accounting document
the account entry is
customer a/c debit
to
revenue a/c credit
for customer account system determine gl accounts from reconsulation account

Answer / mohd khaja shamsuddin

reconcilliation a/c is a g/l account
helps to cmmulate customer outstanding

Answer / anonymous

The reconciliation account in G/L accounting is the account which is updated parallel to the subledger account for normal postings (for example, invoice or payment).

For special postings (for example, down payment or bill of exchange), this account is replaced by another account (for example, 'down payments received' instead of 'receivables').

The replacement takes place due to the special G/L indicator which you must specify for these types of postings.


Honestly, the above is from the F1 help in SAP.

I once had a prob in the invoice as it was not passed onto accounting as the G/L account of the SP was not maintained. I hope you can make the connection, now.

Answer / ashok kumar sahoo

Hi,
You can use the reconciliation account to design the layout of screens for posting items to customer accounts. Using the reconciliation account you could, for example, suppress the fields for exchange rate hedges if these types of transaction are not made. For more information, see the manual Document Posting.

Please check...
1. transaction create of the screen lay out per transaction and / or
2. screen lay out per company code ( in case one has been defined for your company code) if none has been defined for your company code, then check out the field status under * company code
The path in IMG can be traced as:
Fin.Acconting > Accounts Receivable and Accounts Payable > Customer Accounts > Master data > Preparations for creating customer master data .


Regards:
Ashok
I Disk Solutions
09861991761

Incomplete log?

4 Answers  

---

What are the three approval steps you need to follow as a part of approval procedure in qas? : transportation management

0 Answers  

---

hi all...can u explain the difference between contracts and sheduling agrements?

5 Answers  

---

What are the important 'customer master records'?

0 Answers  

---

What is the purpose of partner determination?

0 Answers  

---

---

When is material determination trigerred?

3 Answers  

---

When will you combine deliveries into one invoice?

5 Answers  

---

Hi.After PGI the cost of the goods sold acoount debited. Where is this assgnment.where we can see this information.thanks

2 Answers  

---

While a Quotation is created, it has to be approved by some authorized person, how to configure this

1 Answers   Bosch,

---

what is header item condition in sales header data. what is header item condition in schedule line data

2 Answers   IBM,

---

I need the Solution Manger Document , please send it to me. And one more question,what is unit and integration testing ?

0 Answers   Cap Gemini,

---

What would make the immediate delivery in cash sales?

0 Answers  

---