Reconciliation account for customer

[randhir_mishra]

Hi Experts,

While creating customer in customer master ,the system asks for " Reconciliation account".Can anyone explain how to create " Reconciliation account" for customer?

Regards,

Randhir

[randhir_mishra]

Thanks

Regards,

Randhir

[Former Member]

Reconciliation is set up in Transaction FS00 .

When you are creating a G/L account , In the Control data tab, Please fill in the Recon. account for acct type as customer and save the account with all other necessary details.

Then you can use that account as a recon account for your customers,

Thanks,

YGB

[Former Member]

In FS00 create your gl account as normal but in control tab; in Recon. account for acct type select Customers .

pts appreciated.

[PRASANTH_GOP9]

Hi Randhir,

Use Tcode FS00 to create a reconciliation account, just as you create a normal GL account.

Reconciliation account is a balance sheet account.

Under the Control Data tab Update the field Recon.account for acct type with customers.

Use this Reconciliation account in Customer master data..

Hope this helps you..

Regards,

Praisty