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Regroup of Payables / Receivables

Deal All,

Sorry to ask you basic question...

I have confused with the Regroup of Receivables/Payables and Inter Company Reconciliation

As per my understanding:

Regrouping is meant for correction for the Vendors with Debit Balances and Customer with Credit Blanches to show perfect data in Financial Statements

Where as second one is : Intercompany Reconciliation: is to reconcile the transaction that are posted to the Inter Company Codes are same nd with no differences.

Pls help me if to give the User T.Codes and config notes for both the process if I am correct.

You can send me the documents to gopichgmailcom.

Thank you for your support

Gopi

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1 Answer

  • Best Answer
    Jun 09, 2009 at 04:00 AM

    Hi,

    You regroup your payables/receivables before you can create financial statements, you have to group your receivables and payables according to remaining life so that they are correctly displayed in the financial statements. To do this, you have to make adjustment postings.

    You can use repost SAPF101 to regroup and sort the receivables and payables; it has the following functions:

    1. It sorts receivables and payables according to remaining life and makes the transfer postings required.

    2. It makes the required adjustment postings (for example, for changed reconciliation accounts).

    3. You can use report SAPF101 to determine where transfer postings are required. When you define the sort method in Customizing (T.Code OBBU), you can select the cases where receivables and payables should be regrouped.

    For recon. i'm not to much clear.

    Thanks

    Javed

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