Alternative Reconciliation Account for Customers

Dear all,
I have to define Alternative Reconciliation Account for Customers but I don't understood relationship between Reconciliation Account for Customers and Special GL account.
Please give a detail example about business scenanio that use these account.
Thanks so much
Minhtb

Hi,
Normally a ledger of any party will have two balances
- Normal balances-
- Balances with Special GL Postings
Items like Down Payment request, Down Payments, Security Deposits etc., are treated as special GL Postings for ease of understandability.
However a link has to be maintained between recon accounts (for the party) and the SP GL Indicator.
Hence we assign an alternative recon account also for the main recon account for sp GL postings
Cheers
Points Please!

Similar Messages

Get Open Items for GL Reconciliation account for Customers

Hi All
We have a difference on our AR to GL reconciliation, we are unable to view all postings to the GL account using Tcodes FBL3N or FS10N ? - the function is not available on that GL account.
how do we compare the open items on customer accounts to the postings in the GL reconciliation account if we can not get a line item report ?
Thanks in advance for any assistance
Dylan

Hi,
Generally for recon accounts, the indicator Lina item display will set to off. So you will not get line items for your recon account in FBL3N report. But still you can get the GL balances in FS10N for that recon accounts.
If you want to see the line items also for that recon account, then go to master data of that GL and select Line item display option and block the account in company code for postings temporarly.
Now run report RFSEPA01 in SE38 for you recon GL account.
Again go to GL master and unblock the blocking indicator.
Now check the line items in FBL3N for that recon account.
Thanks,
Srinu

Define alternative reconciliation account in MIRO

hI
It's possible to define alternative reconciliation accounts for vendors/ customers in MIRO (Invoice verification).
Or
Any form to do FB60 with reference to P.O
Thanks in advance
Regards

Hi,
Reconciliation account is defined per Vendor/Customer. It is standard that you can not post directly to reconciliation account, and this is for security purposes. I suggest that you change the reconciliation account of your Vendor/Customer before transacting in MIRO or FB60 so amounts will be posted to their proper accounts. Please use Transaction XK02/XD02, for changing reconciliation accounts.
Hope this helps.
Thank you,
Mik

MIRO and alternative reconciliation account?

Hi all,
is it possible to have the possibility to post to an alternative reconciliation account of a vendor when posting in MIRO? I know that in FI when I set in spro an alternative reconciliation account for some account and then mark that this account is ready for input I can choose, when posting a vendor invoice for example, a different reconciliation account. In MIRO this field is grey and I can not input anything (change it). Does anyone have any idea about that?
Thanks a lot!
D.

Hi ,
Check this tcode - OBF4 or try with OLMRLIST . In OLMRLIST you have to define screen variants there u try enabling the GL field .
Check this out . Though I haven't check this ....
Update us if it helps .
Thanks
Dipak

Postings with Alternative Reconciliation Accounts with Customer Invoice

Hi Experts,
In customizing i have defined Alternative reconcillation account for a Reco Account of customer.
When i post 2 line items in customer invoice,it is picking recon account from customer master for 1st line item and alternative recon account for 2nd line item .
But it should pick Alternative Reco Account for both line items.
Kindly guide me which setting should be checked for this ?
Regards
Amit

Hi,
You defined alternative reconciliation account for customer but you still have some customizing points to check in addition for that.
Please check OV64 ( IMG -> Sales and Distribution -> Basic Function -> Account Assignment/Costing -> Reconciliation Account determination -> Assign GL Accounts )
And additionnally: IMG -> Sales and Distribution -> Basic Function -> Account Assignment/Costing -> Reconciliation Account determination -> Define Access Sequence
In OBXY transaction, you define alternative rec. accounts per special G/L indicatoris, for example in the case of A/R doubtful / bad debt , system will not pick up rec. account from customer ùmaster record, but the one defined in OBXY. This is for FI part
Hope this can help you
Regards
Tarek
Edited by: Tarek AYACHI on Oct 7, 2011 5:56 PM

Alternative reconciliation account

Hi,
we have a following requirement from the client:
The business process is the following:
approx.10.000 Retail beer customers in dist. channel X and Y. We would like to invoice a so-called rent fee with sundry invoicing for the equipments they use. (In the future we will create other kind of sundry invoices for them too.) Depending on the category of the equipment we will invoice 3 different amounts per equipment.
These customers will issue towards us an invoice with the same amount as a marketing contribution.
Incoming and outgoing invoices have to be settled against each other. This is not a onetime action. We must repeat this process year by year.
Business process:
1.     Outgoing invoices have to be created for customers about the annual rent fee
2.             Mass creation of sales orders and invoices using LSMW.
3.     Customer issues an incoming invoice in the same value about marketing cost contribution ( with LSMW for FB01 transaction ).
4.     Outgoing and incoming invoices have to be settled (zero settlement)
4.     If customer doesnu2019t issues invoice, he has to be dunned
My questions are:
1) our client has asked to Make settings for u201CPosting with alternative reconciliation accountu201D: allow for G/L account ABC to post with alternative reconciliation account Nr. DEF.
we can not change the recon. account to alternative recon. account here, when the customer invoices are get created from VF01, so what is the purpose of alternative recon. account here ?
2) How to carry out Automatic Zero settlement of incoming and outgoing invoices using automatic payment program?
Thanks,
Vidya

Answer 1
=======
During document entry, you use the reconciliation account to define the G\L account in which the transaction figures are to be updated. You determine which G\L account is to be used using:
The special G\L indicator or
The reconciliation account which is defined in the master record (default) and, if relevant, any additional alternative reconciliation accounts which you can define per reconciliation account in Customizing
Define accordingly for customers and vendors
Answer 2
=======
The is no automatic scheduling of Payment Run in F110
However, you can schedule the proposals in F110S. Make you use of this.
Create a variant and schedule them in background.
Regards,
Ravi

Alternative reconciliation account in MIRO

We defined alternative reconciliation accounts in FI and in the FI transactions we can overwrite the normal reconciliation account with the defined alternative rec. account (also using the short key).
Now we would like to use this feature also from out MIRO, but the field is not open.
Is it possibe to open the reconciliation account for the vendor in transaction MIRO?

Hi Kuntal,
you can define per reconciliation account 1 - n alternative reconciliation accounts.
(SPRO: Financial Accounting (New) - Accounts Receivable and Accounts Payable - Business Transactions - Postings with Alternative Reconciliation Account - Define Alternative Reconciliation Accounts.)
Only those defined accounts can be used for customers / vendors with this default rec.account.
The master data of all reconciliation accounts must be similiar and marked in field
KNB1-XMITK for "Reconcil.acct ready for input" (FS00 Create/Bank/Interest), both the default and the alternative rec.accounts.
There is no programming to do.
Coming from SD there is a special menu in customizing to assign alternative
rec.accounts:
Sales and Distribution - Basic Functions - Account Assignment/Costing - Reconciliation Account Determination
Prerequisite is the FI definition as described above for FI.
Then you have to define a determination procedure ex. KOFIAB with a account determination ex. KOAB.
The procedure has to be assigned to the billing types you want to work on.
Further you need a decision table and rules to assign finally the reconciliation accounts for the determination (KOAB) and the rules given.
Hope I could help you.
Kind regards,
Theresia

Define Alternative Reconciliation Accounts

Dear All,
What is the use of ID field, when we are assigning GL account with Alternative GL account.
IMG Path: SPRO --> Financial Accounting (New) --> Accounts Receivable and Accounts Payable --> Business Transactions --> Postings with Alternative Reconciliation Account --> Define Alternative Reconciliation Accounts.
i repeat my question what is the use of ID field

Hi Ranjit:
First of all, this setting requires GL account (reconciliation account) should be ready for input. You can check that in the GL master (and if that is suppress, you can open that field in the account group definition).
Then, when you maintain the ID in the alternate reconciliation account, it is a short cut key to use for the alternate account during document entry. So at the time of document entry, instead of entering the alternate reconcilation account, you can enter this ID and system would bring the account number. And for this to work, ID should be uniquely assigned to a combination of reconcilation and alternate reconciliation account.
So , basically ID is short cut key (for alternate reconciliation account) during document entry.
Hope this helps.
Thanks.
Rahul

Different Reconciliation Accounts for One Vendor

Hi Gurus,
Please tell me how can i use different reconciliation accounts for one vendor?
Thank You
Regards,

Hi,
Follow the below steps
1)IMG--Financial Accounting (New)Accounts Receivable and Accounts PayableBusiness TransactionsPostings with Alternative Reconciliation Account--Define Alternative Reconciliation Accounts
2) In the GL master for the recon. account of your vendor master check the box in CBI tab for "Recon. acct ready for input"
3) Check the box for "Recon. acct ready for input" in the other recon. accounts which you want to use for this vendor.
So at the time of posting suppose vendor invoice the recon account filed becomes active and you can enter the required recon account you want to use
Reagrds
Pratiksha
*Assign points if useful

Alternative reconciliation account and special GL indicators

Hello,
A tricky one. Your help would be very appreciated !!!
We are facing a problem when using special gl indicators for the clearing of vendor postings that did use an alternative reconciliation account. We face it during a bill of exchange posting. The posting is cleared but the target account determined by the SGI is not the correct one. It is as if the SGI target account was not determined based on the reconciliation account maintained in the vendor posting, but by the reconciliation account maintained in the vendor master data.
In order to be clear:
In table THKON (alternative rec account) we have:
account A >> account B
In table T074 (special GL) we have:
account A >> account C
account B >> account D
The idea is simple: we can have different reconciliation accounts in the vendor posting (A & B) and for the SGI we want to have also different target accounts (C and D).
Our vendor posting use the alt rec account, so account B is used in the posting while account A is maintained in the master data. We trigger our Bill of exchange posting using special GL indicator; the posting on account B is cleared but the target account to which the amount is moved is C while it should be D.
To me this is a major problem and completely annihilates the use of alternative reconciliation account, as the initial distinction cannot be maintained all the way.
Did anyone already face this issue ? Is there an OSS note on this issue ?
Thank you very much for your answer.

Dude,
i suspect meanwhile logde a OSS message to SAP.
Alternatively, try to use substitution ( i know as per your config system should work) but try substitution, if possible.
<b><u>OR</u></b>
Configure these SPL GL accounts also in Alternative Recon config against each other

MIRO and alternative reconciliation accounts?

Hi all,
The situation is following. Purchase order is made and when in MIRO we are processing this PO into a subsequent credit then it is not possible to change an reconciliation account for that vendor even if I did set it up in SPRO as an alternative rec. acc. and have set it to be ready for posting.
One solution would be to define a different doc. type and then do a substitution (I guess) but I wonder why this doesn't work the same way as posting a vendor invoice from FI?!
Thanks
D.

In MIRO, you will be able to change the vendor account but not the reconciliation account itself. The reconciliation account field will be greyed out, unless you made it as optional. This may cause issues, as the user can go in and change the account and your subledger will not tie back to your ledger.
One of the other alternative solution, may not be a preferred solution, is that when you are doing subsequent credits, you choose a different vendor (assigned to the other GL Account that you want to post to) and then post the MIRO transaction.
Thanks,
Madhav Nanduri

Can anyone explain the usage of alternative reconciliation account?

I maintained the relationship between G/L reconciliation ccount and Alternative reconciliation account. But I failed to find where I can pick the alternative reconciliation account when I posted a AP document. Can anyone tell me the usage of alternative reconciliation account? Thank you.

Hi,
The alternative reconciliation account is used when you want to seperate certain kind of transactions from other transactions and then clear them out.
example: Down payments - Some Vendors require down payments in advance. This payment is made and posted to a seperate special recon account. When the normal invoice is presented, it is booked to the normal recon account. Before payment of Invoice, the Down payment is cleared against the Invoice and only the balance remaining is paid to the Vendor.
In T-code OBYR, you can maintain the relationship between various Gl and Special GL .i.e. alternative recon accounts. The assignment is made for different types of transaction using different special G/L indicators.example : Down payment (general) , Down payment (assets) etc.
You can post to the special G/L (alternative recon account) by using the special G/L indicator during Vendor posting. Eg. in FB60 you have a field for SPL G/L indicator. Depending on the indicator chosen during posting, the System will post to the corresponding Special G/L account(alternative recon account).
Hope this helps.
Regards,
Uma Toraskar

Account is not a reconciliation account for FI-CA

Hi Experts,
During invoicing we are getting the following error:
Account 1000 xxxxxxxx is not a reconciliation account for FI-CA
Message no. >0229
Diagnosis
G/L account xxxxxxxx in company code 1000 is not classified in the master record as a reconciliation account for account type 'V'. You can only use accounts of this type for business partner items.
System Response
Error message: the posting cannot be generated.
Procedure
If the account number specified is correct, change the account master record so that the account can be used as a reconciliation account for account type 'V'.
If you do not want to use the account number specified, correct automatic account determination for receivables accounts in contract accounts receivable and payable (FI-CA).
Please suugest me the required solution for this.
thanks and regards
Deepak Rana.

Hello,
You need to attach Recon account <Type : Contract Account Receivable & Payable> in EK01 for the MT = 0100/0200/0300.
Or Alternatively you can change the existing GL account to Recon account in FS00 as suggested by Cris. But if you already have balance in the aforesaid GL Account in FI, you cannot change it.
Hope this helps
Rgds
Rajendra

Reconciliation account for customer

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

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

Change Reconciliation Account for customer.

Hi All,
I want to change the Reconciliation Account for customer. it is giving me message that Account has been posted to; hold balance sheet adjustment (Message no. F2067). How do I change it.
Thanks
Utpal.

Hi
Make the reconciliation account balance nullify by tranferring to new GL Account and the nassing new one
Assign points if useful,
Regards
Raj

Alternative Reconciliation Account for Customers

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