Using reconciliation account for banks

hi all,
we are discussing using reconciliation account for banks, we dont want to create an account per each of bank accounts in account chart.
for example
xxx account for ABC Bank in account chart.
and eur, usd, gbr accounts for ABC Bank will be assinged the account which is above via reconciliationing
but we are not sure, is it a good  way to do in sap system? or what is plus/minus calculation?
we will be appreciated to see your valuable comments and ideas in this thread.
thanks

Hi,
Don't call it reconciliation, though. Technically, several bank accounts could be assinged to one G/L account. But it will have certain impacts on business process as the reconciliation of bank statements would be more difficult to handle.
Regards,
Eli

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