SAP BRS

[pranav_gupata]

Hi Expert,

We have implemented SAP in 2010, since 2010 we did not bank reconcile till now. now we want BRS since 2010 to  till date. note we have one GL a/c No. 445566 from this GL account we are giving payment to Vendor and received from customer. so kindly tell me step of Old data of SAP since 2010 to till date i.e 30.06.2014 . we want to do BRS.wht should i do in this case.

Note : Yr qick action will be higly appreciated.

Thx.

Pranav

[raju_srsl]

Hi Pranav,

You want to switch over from 1 GL to Auto BRS perform as below.

complete manual BRS of old existing GL till a cut off date.

Open House Bank with multiple GL options. Transfer reco items like balance as per Bank will be to main account & cheques issued but not presented will be to outgoing bank GL. Your old GL will be zero now. Block that GL. Make Transaction in new GL

Configure manual or Electronic BRS system

Regards,

Assign points if helpful

[former_member183378]

Hello Pranav,

Yes, i am agreeing with rajesh's reply.You need 2 GL accounts in order to do reconciliation but here you are using same GL for making payments and for receivables. Then the existing GL is showing the net balance after doing all those reconciliations for payments and receivables.

If you are using 2 different GLs in the same house bank then it is possible to reconcile those GLs else not required.

Thanks & Regards,

Lakshmi S

[Former Member]

Hi Pranav,

Usually, in BRS process all the transaction recorded to Bank Inflow and Bank outflow GL Accounts which are open items. In that case only doing BRS will clear the open open items and Main Bank account gets updated based on the posting rules.

If you use single Main Bank account for all inflow and outflow accounts where is the question of reconciliation?

BR, Srinivas Salpala

[Former Member]

Hi Pranav

If your are using singe GL for all banking transaction what is the purpose to reconcile them. BRS used to reconcile main house bank GL from other GL which is configured to same house bank

Regards

Rajesh