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Alternative reconciliation account

Former Member
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Hi,

we have a following requirement from the client:

The business process is the following:

approx.10.000 Retail beer customers in dist. channel X and Y. We would like to invoice a so-called rent fee with sundry invoicing for the equipments they use. (In the future we will create other kind of sundry invoices for them too.) Depending on the category of the equipment we will invoice 3 different amounts per equipment.

These customers will issue towards us an invoice with the same amount as a marketing contribution.

Incoming and outgoing invoices have to be settled against each other. This is not a onetime action. We must repeat this process year by year.

Business process:

1. Outgoing invoices have to be created for customers about the annual rent fee

2. Mass creation of sales orders and invoices using LSMW.

3. Customer issues an incoming invoice in the same value about marketing cost contribution ( with LSMW for FB01 transaction ).

4. Outgoing and incoming invoices have to be settled (zero settlement)

4. If customer doesnu2019t issues invoice, he has to be dunned

My questions are:

1) our client has asked to Make settings for u201CPosting with alternative reconciliation accountu201D: allow for G/L account ABC to post with alternative reconciliation account Nr. DEF.

we can not change the recon. account to alternative recon. account here, when the customer invoices are get created from VF01, so what is the purpose of alternative recon. account here ?

2) How to carry out Automatic Zero settlement of incoming and outgoing invoices using automatic payment program?

Thanks,

Vidya

Accepted Solutions (0)

Answers (1)

Answers (1)

former_member182098
Active Contributor
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Answer 1

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During document entry, you use the reconciliation account to define the G\L account in which the transaction figures are to be updated. You determine which G\L account is to be used using:

The special G\L indicator or

The reconciliation account which is defined in the master record (default) and, if relevant, any additional alternative reconciliation accounts which you can define per reconciliation account in Customizing

Define accordingly for customers and vendors

Answer 2

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The is no automatic scheduling of Payment Run in F110

However, you can schedule the proposals in F110S. Make you use of this.

Create a variant and schedule them in background.

Regards,

Ravi

Former Member
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Hi Ravi,

thank you for reply.

in this requirement, there is an extension to the existing customer master to in dist. channel X and Y (instead of creating approx. 10,000 customers ). It must be ensured that outgoing invoices are posted to a separate A/R reconciliation account.

so the outgoing payment should posted to Alternative recon. account. and there is no Special GL indicator.

so, if i make the setting in below path, will the requirement get fullfill ?

Accounts Receivable and Accounts Payable -> Business Transactions -> Postings with Alternative Reconciliation Account -> Define Alternative Reconciliation Accounts

Thanks,

Vidya

former_member182098
Active Contributor
0 Kudos

If you are using manual entry you can select different alternative reconciliation account manually. (in case of manual payments). If you are making automatic payment program, then you do not have any control to select the alternative reconciliation account.

Please refer the use:

During document entry, you use the reconciliation account to define the G\L account in which the transaction figures are to be updated.

Regards,

Ravi