Answer Posted / venkat.sapfico
hi frds
Yes customer have more than one reconciliation account. We
can see how it is in the following example.
let us suppose a company "ABC" having 5 company codes
"ABC1", "ABC2"..."ABC5" . customer 'XXXX' might be a
customer to more than one company code in a company. let us
suppose customer "xxxx" is customer for company codes "ABC1"
and "ABC4". Now customer "XXXX" is having one reconciliation
account with company code "ABC1" and another reconciliation
account with company code "ABC4".
Note: ALL THESE RECONCILIATION ACCOUNTS ARE CONSOLIDATED
WITH GROUP CHART OF ACCOUNT(RECONCILIATION ACCOUNT).
Friends if any mistake correct me.
thanking you
venkat
venkatanarayana.k@rediffmail.com
+91-9871905974
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is a posting period?
Explain the configurations required for taxes in sap?
Explain derived depreciation? : fi- asset accounting
What is a house bank? : fi- accounts receivable
What variations are possible when defining a fiscal year?
What do you enter in company code global settings? : fi- general ledger
Hi SAP friens, i am a beginner in SAP-FICO and started giving interviews...i am struggling and lost couple of interviews because I couldnot tell any tickets/issues...can you help me by sending some tickets/issues to my mail id - rajendranmba@gmail.com...it would be of great help to me to clear the interview...please help.
What is the use of account payable in fi?
Currency gain - loss at PPV, how is it possible to split the PPV in: 1. Price related PPV and 2. Currency related PPV?
What are the benefits of using cost center accounting? : cost center accounting
What is an asset class catalog? : fi- asset accounting
How do you define credit control area in fi?
What is the recommended planning sequence, in co? : co- cost center accounting
Tell me some important tickets in fico?
What is a scheduling agreement? : fi- accounts payable