on 10-09-2007 10:25 AM
Hi,
when we create a new account (FS00) we have a choice to make a mark or no in "open item management",
if we don't make this mark, the account isn't managed as recon account.
sometimes we forget this mark for a vendor account for example, <b>so after that we can't modify this account and make it as recon account if we already used in postings, and i don't know why ????</b>
please explain me the logic behind that.
regards
jehade
Hello,
The problem is that the documents already posted can not be cleared. If you change the open item management you have both OIM and non-OIM postings for this G/L accounts.
There's a program which you can use for updating the documents already posted.
P&L accounts can't be cleared.
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RFSEPA 02 it is.
Be aware of the following:
Do not use the report program to set up open item management for the
account.
Create a new account with the correct account assignment. Post your
items to the new account. If you want to use the original account
number, you must bring the account balance to zero, change the account
assignment, and repost the items. You can remove the old items by
archiving the documents.
Hi,
<b>With Open Item Management</b>3
Items posted to accounts managed on an open item basis are marked as open or cleared. The balance of these accounts is always equal to the balance of the open items. Set up accounts with open item management if offsetting entries are to be assigned to the postings made to these accounts. Postings to these accounts represent incomplete transactions. Ex : Bank clearing account , Payroll clearing account , GR/IR clearing account.
<b>With Out Open Item Management</b>
Set up accounts without open item management if no offsetting entry is to be made against a posting to this account.Ex: Bank accounts, Reconciliation accounts, Tax accounts.
Regards
Balaji
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Hi,
Reconciliation A/C is different from Open item Management Account. If U want create an account as Reconcialiation account, for that account we need not select open item management. Even if u try to select the check box it is giveing error, because Reconciation accounts are updated from subsidery ledgers. So we cant directly post for this accounts.
with the using open item management accounts we can see open, cleared items.
If we create any account as open item acount, we can make offsetting entry for particular line item.
Once we create any account as without selecting open item, we cant change after postings.But there is option to make as a open item account.
Through SE38 we can make as a open item account.
Thanks & Regards
Nanda Kishore.
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