Inter Company Reconcilation & Inter Branch Reconcilation

[Former Member]

Hi,

How can we do the inter company reconciliation and inter branch reconciliation in sap

Regards,

Harish Kumar.T

Moderator: Please, avoid asking basic questions

[Former Member]

hi,

thanks for Ur valuable information.

Regards,

harish

[atif_farooq]

Dear:

First thing i would like to know what do you mean by branch ? Is it co company code , if answer is yes then please go through the following inter company reconciliation

Step1:Create inter company clearing accounts in relevant co codes using FS00

Step2: Assign them in OBYA

Step3: define clearing rules in OB60

This will do the needful for you.

Regards

[Former Member]

hi Farooq,

Thanks for Ur reply but how can we reconcile those transaction.if u tell me briefly.

Regards,

Harish

[atif_farooq]

Dear:

When you post the inter company code transaction using some t codes like F-51, Invoice in one co code and payment through other company code. The system makes use of clearing rule and posting rules as defined in OB60 and OBYA and clears the transaction using clearing GL account. Reconciliation means clearing GL between co codes should have zero. If they do not have ZERO balance then it means inter company codes transactions are not well handled and not reconciled.

Please refer to the link given

http://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/3042cb59-ef10-2c10-1e84-d29bde763...

Regards

[Former Member]

hi farooq,

Thanks for Ur helpful information and the same time can tell me about (c) Sales Ledger Reconciliation with Commercial department,

(d) Purchase Ledger Reconciliation with Store department,

(f) Tax related Accounts

(g) Statutory dues,

(h) Store Consumption Reconciliation,

(i) Brokerage Reconciliation u2013

(j) Security Deposits/ EMD Reconciliation

(k) Major Expenses Reconciliation

Regards,

Harish