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Former Member

AR balances not tally wth GL balances

Posted on Sep 07, 2007 at 04:53 AM 63 Views

Hi Experts,

When comparing the GL account balance (AR reconciliation account) VS customer balances in local currency report (FI-AR),noticed that there is a differences.

And after checking I foud out that the differences are due to the reconciliation account changed in the customer master. (version - 4.6C)

If I add up two recon GL a/c, I still ties back the balance.

But now I need a solution on how to ties back the both balances in GL and in AR .

Has anybody come across this problem before.

Appreciate your kind assistance on this

Many thanks!

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  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Sep 07, 2007 at 05:34 AM
    1

    Hi

    Both the reconcilition account will be automatically post account.This is a very raw method of how to deal with this issue.

    Remove the auto tick of both the recon account.Pass a manual entry from one account to the other reconcilition account which one you are presently using.After completing the job block the other account from posting.

    Check all the vendor master that the correct reconcilition account is given there.

    Regards.

    Surendra

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  • author's profile photo Sridhar Vasudevan
    Sridhar Vasudevan
    Posted on Sep 07, 2007 at 05:13 AM
    0

    Where is the problem?, The system is expected to behave that way. If you have stopped using the other recon account, make the description of that recon account as "do not use".

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    • Former Member
      Sep 07, 2007 at 05:46 AM

      Hi Sidhar,

      In terms of system, yes it should behave this way.

      For example:

      Currently,

      Recon. GL 1234 balance = 10,000

      Recon GL 5678 balance = 20,000

      Report S_ALR_87012172 - Customer Balances in Local Currency, put recon G/L a/c as 1234 and it show balance as 9,500, i believe the logic of this report is to call the balance according to the current recon. a/c that set in customer master.

      (so if the earlier, the reconciliation a/c change from 1234 to 5678, and then they changed back from 5678 to 1234).

      So when posting the entries, it will follow the recon a/c maintained during posting, so that caused the difference between both balance, right?

      Then my problem is the finance wants to get both balances to be agreed to avoid the auditors quesntion on the difference.

      Meaning the AR balance need to ties back GL balance.

      Is it possible to do this ? If yes how to adjust back ?

      Appreciate your advice?

  • author's profile photo Former Member
    Former Member
    Posted on Oct 09, 2007 at 02:18 AM
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    the problem closed internally.

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