How many reconcilliation a/c can be assigned in vendor and
customer? Can we create alternate reconciliation a/c in
vendor?
Answer Posted / 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 |
Post New Answer View All Answers
What is the use of account group of the vendor/customer master records? : cost center accounting
What are price reports? Where do you find them in sap system? : cost center accounting
How do you release blocked invoices for payments? : fi- accounts payable
For document clearing what are the customizing prerequisites ?
How you can import electronic bank statements into sap?
Explain the account payables submodule? : fi- accounts payable
How does posting happen in mm (materials management) during special periods?
Which master data uploads will be done?
How do you configure the automatic payment program?
What is an intermediate bank? : fi- general ledger accounting
How do you create new status groups for capital spending accounts and revenue accounts? What are the steps and the T codes used?
What is a posting period variant ?
Explain statistical key figure
How to do dunning for vendor? What are the purposes of dunning for vendors?
How do you perform period closing in sap? : fi- general ledger master data