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

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do you configure the automatic payment program?

579


Hello every, I have my MBA in finance in 2011 I was working for NBFC. Now I am decided to join in sap fico course. But the fact is I forgot all accounting knowledge. Zero accounts knowledge. How may eligible for sap fico course, is there any problems to face during course regarding accounts etc. What are the problems basically peoples like me face in fico course and after getting a job.

877


any body send the configuration of investment management

1786


What are posting keys? State the purpose of defining posting keys?

598


Why does sap support linux?

590






Explain segments and cycles? : co- cost center accounting

598


Explain the most common g/l reports in fi?

768


What is the time-dependent data in an asset master? : fi- asset accounting

638


What configuration needs to done for using mixed costing?

616


What is a plan version? : co- cost center accounting

601


could you plz help me understanding or give an example about the accounting treatment "journal entry" in MM business cycle at the following : 1- When goods receipt 2- when MODVAT are Captured 3- Invoice varification 4- vendor payment and please how i could revers an entry when material is rejected thanks

1806


How do we create business transactions in Cash

995


Is it possible to calculate depreciation to the day?

629


Explain asset class

597


Tell something about the credit-control area in the sap?

658