G/L recon a/c of customers and vendors treated like OI-manged a/c?

[Sandeep_Kumar]

Hello ,

Can G/L reconciliation accounts of customers and vendors treated like OI-manged accounts ?

Regards,

Sandeep

Moderator: Not only "can", it should

[Former Member · Accepted solution]

Hi Sandeep,

As everybody has replied.. the Reconciliation Account is default managed as Open Item managed, cause all vendors and Customers are linked to this Recon Account.

There is no point in seeing Recon Account GL in BSIS, as we need just the balance in Recon Account and Sub ledgers like Customer.Vendors/Assets that are linked to it are maintained on Open Item basis and can be seen in BSIK or BSID tables..There is never a requirement to see RECON account even at line item level.. System has an internal control, so that the sum of all sub ledgers attached to it equals the Recon Account Balance..

Do let me know if You still have concerns on this..

Regards,

SAPFICO

[Former Member · Accepted solution]

Hi Sandeep,

As clarified by the members already and apart from that the reconciliation accounts maintained in vendor/customer masters are for to view in the financial statements.

in an year for a quarter if you want to see your total vendors/customer open balances you run the financial statements then you will come to know.

If you want to know individual balances, you have to go to sub ledgers i.e vendor/customer balance reports like FBL1N/FBL5N.

the Recon. GL Accounts are not meant for to view vendor/customer balances. That is to reconcile between gl and subledgers.

So that is the reason in maximum companies for recon gl accounts the open item and line item check boxes wont be selected.

All the vendor/customer accounts are automatically set as open items only. if you run the reports FBL1N/FBL5N you can see the cleared/open item symbol will come automatically.

where as if you take the gl accounts report FBL3n - unless until you select open item check box in master record this symbol wont appear.

And one more thing if you maintain the line item managed for recon gl accounts data will be saved twise in tables i.e 1) vendor tables (BSIK & BSAK) 2) GL Tables (BSIS&BSAS), so in long it will lead to system performance issues.

i hope this will give you some more clarity.

thanks & regards,

shashi kanth.

[former_member210782]

Hi,

Recon accounts for customers/ vendors /assets are never maintained as OIM.

Recon account by default is managed as OIM, but it is not selected in GL.

Thanks &regards

Anantha Prakash

[former_member210782]

Hi,

Recon accounts for customers/ vendors /assets are never maintained as OIM.

Recon account by default is managed as OIM, but it is not selected in GL.

Thanks &regards

Anantha Prakash

[Sandeep_Kumar]

Thanks for your answer .

I have another query related to same : Those reconciliation accounts are never OI-manged and such G/L accounts do normally not have BSIS as they normaly not defined with line item display?

[iklovski]

Hi,

I don't understand the question... Reconciliation accounts have to be managed on the OI level, otherwise clearing operations won't be available. BSIS has nothing to do with reconciliation accounts: open items for customer/vendor are stored in BSID/BSIK tables.

Regards,

Eli

[former_member188028]

If you select " Recon. account for a/c type" under control data tab in FS00, system automatically consider for this GL as OIM GL.

Control accounts are by default OIM managed and Line item display should be activated.

Otherwise system doesn't allow you to save the GL master.

Rgds

Murali. N

[former_member261876]

Hi..

Continuing on the same question:

As mentioned system will not allow you save the account if line item display is not checked in that following discussion case..

I checked system throws warning but allowed me to Save the account...

But if i save an account with reconciliation acc as vendor / customer , but without checking the check box of " Line item Dsplay", does that mean it is Non-open item managed account??

Regards,

Yadesh