why we need reconciliation account in SAP for AP and AR
plz give em answer in details
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
How is tax calculated in sap?
How do you configure the automatic payment program?
What is the table, which contains the details of all the name of the programs and forms?
what is the role of Functional Consultant in end to end implementation?
What is a company code ? Describe its relationship with a controlling area?
Name the standard stages of the sap payment run?
Explain what is posting key and what does it control?
What is activity-based costing? : co- general controlling
What are the options available while performing revaluation in an actual costing run?
What is a shortend fiscal year?
In asset accounting what are the organizational assignments?
How do you manage outgoing partial payment for the vendor in fi?
currently i am recruited in rollout project my parent company is singapore and now we are doing rollout in malaysia.so could any one please tell me what are the neccesaary steps
What are the critical scenarios in production support? Tell me some examples?
What does definition of a chart of account contain?