Inter-Company Reconciliation in ECC 6.0

[Former Member]

Hi Guru's,

We are implementing ECC 6.0 version for 560 Company Codes and wondering do we need to configure the new Inter-Company functionality for reconciliaiton. It gives me a feeling that this functionality makes more sense if you have Company Codes in different clients/different systems etc., To my knowledge all inter-company postings within a client should get reconciled automatically.

Could someone please share some your views on this?

Thanks in advance.

[Former Member]

I think this is helpful for you,

The document s which belongs to one cross company code transaction is linked by common cross company code transaction numbers.

You have to assign the clearing account for every possible combination for above transaction in OBYA

Company code allocation only in case of manual payment for a company by another company has to be mentioned in OB60.

[Former Member]

Hi

Inter-company adjustment and transactions are taken care of using the inter-company clearing accounts through automatic account determinations. In ECC6, you have the option of defining segments and assignment of profit centres to segments. When two profit centres/segments are involved in posting (for ex. in the case of two different companies and hence two profit centres), system would automatically pass entries in the segment clearing account to effect the adjustment of involvement of different segments in one transactions. Through this, the transaction gets balanced in terms of segments or profit centres as the case may be. If you have made document splitting active, the entries are checked for balancing before posting in fact. thus the intercompany transactions are reconciled automatically.

[Former Member]

Hi Babu,

Thanks for taking time to reply to my post.

We have New GL active and we are not using Segments. Are you saying that we do not need to configure the new Inter-Company Reconciliation in our ECC 6.0 system and normal OBYA settings will reconcile automatically?

PS: All company codes in the same client.