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Dec 20, 2018 at 12:39 PM

Defining Reconciliation Accounts in Chart of Accounts

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Dear all,

I created a GL Account centrally - 10601 which is Accounts Receivable and it is a Control account D - Reconciliation account

When I checked the balance in Local currency, it threw an error

"Reconciliation accounts are balanced only in Local currency" and did not save.

When I unchecked the check box, it saved

So if the system defines, Reconciliation account is in local balances, should not the check box automatically be checked and grayed out

why it is confusing when I check the tick box - balance in local currency.

Pl help