G/L account Master data question

Question

Hi all,
Can I change an account master to a regular B/S account from a customer reconciliation account i.e., turn off the reconciliation indicator on the account if there is a balance/ activity on that reconciliation account? I tried to change that account to turn off the customer reconciliation indicator and I am getting the messages
FH 110 “Modifications to reconciliation account not permitted”
FH 511 “The data contains error, you cannot save”
The second one looks like implication of first one.
So, can anyone tell me if that is possible at all or is there an alternative to go about it. User is trying to pass JE to that reconciliation account to wipe out the balances in the account since the company is not productive anymore so, is there any alternative to go about this?
Your feedback is highly appreciated and rewarded with points
Thanks
Kumar

Answer 1

The open item account in which you want to change the reconciliation account has been posted to.
By changing the reconciliation account in the open item master record the proportionate values from the items open at the time of change are not posted to the new reconciliation account.
Procedure
On the balance sheet key date the open items from the old reconciliation account are allocated to the new reconciliation account using adjustment accounts. This allocation is carried out automatically when you create a sorted list of receivables and payables using report SAPF101.
The postings necessary are only carried out for G/L accounts and are cancelled on the first day of the subsequent month (balance sheet adjustment posting).
Follow this :
Define adjustment accounts for Define Adjustment Accts for Changed Reconciliation Accounts.
This you do in SPR0Financial AccountingAR/AP---Business transactionsClosingRegroupDefine Adjustment Accts for Changed Reconciliation Accounts.
Here after entering your chart of accounts you have to enter the old recon a/c which is to be adjusted and the adjustment account(which we will have to create).
The same can be access via transaction OBBW.
After doing this using F101 (or SAPF101 via se38) I can get postings done from the old recon a/c to the new recon a/c.
Any receipts or payments on such old open items created will continue to affect the Old reconciliation account, even though the new reconciliation account is assigned to the Customer master. New Open Items will affect only the New Reconciliation account along with their subsequent transactions.
So we are not basically tranferring the receivable amount shown in the old recon account to the new one? But instead just putting them temporarily into the new recon a/c to reflect on the balance sheet?