Reconcillation account

[Former Member]

In SPRO Where exactly Reconcillation account is maintained for vendormaster.

Pls Explian the relationship between G/L account and Reconcillation account for vendormaster.

[Former Member]

Hi Vinay,

Account is reconciliation account

An entry in this field characterizes the G/L account as a reconciliation account. The reconciliation account ensures the integration of a subledger account into the general ledger.

Examples

G/L account 140000 is defined as a reconciliation account. In the vendor account 4711, the G/L account 140000 is determined as a reconciliation account.

In this way, all postings to vendor account 4711 are also posted automatically to the G/L account 140000. The G/L account itself is not designed for direct posting. In this way, a reconciliation between subledger and general ledger is always guaranteed.

Rams.N

If this is helpful assign me points

[former_member202528]

Hi Vinay,

Reconciliation a/cs are used to determine G/L a/cs as sub ledger a/cs. so that when you post to an account in sub ledger then the system automatically posts to corresponding reconciliation account.

also chk this link below for more details :

http://help.sap.com/saphelp_47x200/helpdata/en/01/a9b4a2455711d182b40000e829fbfe/frameset.htm

Regards,

Krishna