I would like to know the solution for the below scenario for BRS:
I have a customer who was maintaining their accounts with Tally software for their previous Financial Year. This year they have shifted to SAP B1 2005B. They have issued few cheques for their vendors in the month of march 2008 which has been realised in the month of April 2008. As per Tally, the closing balance of their bank is 8 Lakh but as per the bank statement, their closing balance is 23 Lakhs. In SAP, the opening Balance for the bank is considered as 23 Lakhs. Now there are 15 Lakh worth cheques which were not realised for the month of March 2008.
abc a/c - 3Lakh
def a/c - 5lakh
xyz a/c - 7 lakh
How do i reconcile for this scenario and what procedures do i follow in SAP?
Thanks and Regards,