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Re: Modify Reconciliation Account of Customer Master Data

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Sorry I have a misconception about this transaction

 

FAGLF101 is usually used for balance sheet presentation purposes.


For example when you modify the reconciliation account for vendors and customers, you have to customize and run this transaction monthly to show the correction balance for the old and new reconciliation account due you cannot post directly to a reconciliation accoount.


The open item for vendors and customers with the old reconciliation account are detected by this program and posted on adjustment balance accounts as follow


For example there are 10,000 open item within the old reconciliation account.

You need to reclasificate to a new one.



OLD Reconcilition Account                     25,000

OLD Ajustment Reconciliation Account          10,000-  Posted by FAGLF101



NEW Reconcilition Account                     30,000

OLD Ajustment Reconciliation Account          10,000+ Posted by FAGLF101

 

Then is reversed the next month (you can consider the foreign currency valuation for open item as well).

 

Program desing is similar to FAGL_FC_VAL

 

Somo useful keypoint are:

a. No document or transaction are affected

b. No document flow is lost by this reclasification

c. Two reconciliation accounts for old and new reconciliation account must be created


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