reconcillation

[Former Member]

sir

how to change reconcilation account in vendor master.

[Former Member · Accepted solution]

Hi,

Go to FK02, specify your vendor, check the accounting info check box under company code data and in this you can change the reconcillation account.

Regards,

Ravi

[Former Member]

Hi,

You can change directly in the master.

However, all Document Items that were created in the old account will be posted in the same old account when you have a payment posting, compensations, etc.

All document created after the change will be posted in the new account as well as the payment postings, compensations and others.

The system will separate the postings in accordance with the moment at the documents were created.

You should run balance sheet adjustment program after any reconciliation account change.

The system performs any adjustments required due to the change of reconciliation accounts or G/L accounts. The items from the old reconciliation accounts are allocated to the new accounts.

Since you cannot post to the reconciliation accounts directly, the postings are made to temporary adjustment accounts.

These adjustment accounts should be displayed along with the relevant reconciliation account in the balance sheet. The postings are then reversed after the balance sheet has been created.

The program for sorting the payables and receivables makes the necessary adjustments automatically. This means that you have to define the adjustment account numbers and the posting keys for these postings in the system.

Caio

Raghu

[Former Member]

Hi,

You can also do the same in Transaction Code XK02.

In XK02, give your Vendor A/c number and Company Code.

In the same screen, under company code data, select "Accounting Info" and press enter.

Now you can find Recn Account field. Change your Reconciliation A/c and save the data.

Regards,

Kannusamy S