Rec A/C

[former_member71163]

What will be the effect if Rec a/c is not assigned for a customer?.......in tat case will te system says customer master record does'nt exists?.........

[Former Member · Accepted solution]

Hello,

In simple words,

Reconcilation account t is linking between sub ledger and General Ledger. Posting is not the purpose of the recon acct and hence nothing can be posted to recon manually.

The reconciliation accounts are maintained in the master record of customers/vendors,so that all postings made to subsidiary ledger are also posted tothe G/L.when the items are posted to subsidiary ledger the sap system automatically poststhe same data to the G/L a/c's via.Reconciliation a/c in the G/L.

If you are creating a customer master centrally (XD01), the recon account is mandatory. But if you create in VD01, it is not required.

Prase

[former_member71163 · Accepted solution]

Where do I assign INT(CHART OF A/C) to the company code?......

[former_member217082 · Accepted solution]

Hi sarvanakku

while copying company code you will give chart of accounts as INT . .If you want to check your chart of accounts go to company code details and check the chart of accounts.

Regards

Srinath

[Former Member · Accepted solution]

Dear Saravanakkumar,

Where do I assign INT(CHART OF A/C) to the company code?......

T. Code: OB62

Path: SPRO --> IMG --> Financial Accounting (New) --> General Ledger Accounting (New) --> Master --> G/L Accounts --> Preparations --> Assign Company Code to Chart of Accounts

Best Regards,

Amit

[former_member71163 · Accepted solution]

Even after assigning INT as chart of a/c for the company code z010,system throws same error msg"entry z010 0000140000 does not exists in SKB1-check ur entry"....how to proceed?......

[Former Member · Accepted solution]

Dear Saravanakkumar,

At what point of time, i.e. transaction, you have got encountered with this error?

Best Regards,

Amit

[former_member71163 · Accepted solution]

Dear Amit,

At customer creation level this error occurs.......

[Former Member · Accepted solution]

Dear Saravanakkumar,

Check with thread:

[Reco. Acct.|]

I think, the same problem persists in your case.

Best Regards,

Amit

[Manoj_Mahajan78]

Hi..

Recon acoounts connects sublegder a/c with G/L a/c.

If you dont want to enter recon account in cust master..better craete it using VD01.

Regds

MM

[Former Member]

My Friend,

It is an mandatory entry for customer and if you change the field group setting for rec/account from mandatory to optional and don't maintain it.. then postings will not happen...

Hrishi