ICR - Which process to use?

Question

Hi Experts,
My company posts intercompany documents by all three methods, Vendors / Customers, Open Item GL accounts, and non Open Item GL Accounts (PL Accounts, Loans).  We were hoping to use ICR Process 002 for all of these items.  What is the suggested process for the reconciliation of all of these items?
Thanks.

Answer 1

Hello James,
You will not be able to reconcile all intercompany trnasactions in one process. Well, technically it is possible but I would not recommend it.
You should use either process 001 or process 003 for reconciliation of open items. Typically this will cover your intercompany payables and receivables. This process operates with open items for a specific key date which greatly reduces the data volume to be analyzed.
Process 001 was originally designed for reconciliation of GL open items. Process 003 was originally designed for reconciliation of AR/AP open items. By now the only difference between the two processes is that process 001 uses table group FBICRC001 containing one field RACCT (account) and process 003 uses table group FBICRC003 containing fields RCUST (customer account) and RVEND (vendor account). GL open items can be included in process 003 by specifying data source Documents of other process in FBIC032. This is done automatically if you select Yes when running FBICC. If you do not implement any other logic the GL account number is stored in field RCUST in FBICRC003A/T (FBICRC003A is the line items table for table group FBICRC003 and FBICRC003T is the totals table).
Process 002 is designed for reconciliation of accounts without open item management. This is typically relevant for reconciliation of P&L accounts, e.g. expense and revenue. The problem is that far more data has to be analyzed in this context because you do not have open items ("unfinished business") for a key date. Here we have to work with line items which were posted for a specific interval of posting dates.
I hope this answer helps you in your efforts.
Best regards,
Ralph