Re: [sap-acct] Which accounts are considered Reconcilliation Accounts in SAP
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 | Posted by Roy B (SAP Financials Expert) on Apr 23 at 4:14 AM |  Mark as helpful |
In fact the "POST AUTOMATICALLY ONLY indicator" is not used
with reconciliation accounts because you tell the system
that it is a recon account by defining it as such in the
field destined for that purpose. The other remarks apply.
Rgds, Roy
Barry Famous via sap-acct wrote:
>
>
> Your intentions are good, but if a G/L account is designated as a reconciliation account and transactions have been posted, you cannot post directly to the account, nor can you change the indicator so that the account is no longer a reconciliation account. The 'Post Automatically Only' indicator means that only data from a SAP process or from an external source can post to the account. It can be used on any G/L account and can be deselected to allow manual postings if the need arises.
>
> ---------------Original Message---------------
> From: RPAC1864
> Sent: Thursday, April 22, 2010 3:07 PM
> Subject: Which accounts are considered Reconcilliation Accounts in SAP
>
>> FYI, posting directly to a reconciliation (recon)?account carries risk that the subledger totals (like customers, vendors, etc.) will not tie out to the GL account balance on a periodic basis.? SAP provides the POST AUTOMATICALLY ONLY indicator to force users to post through these subledger accounts (customers, vendors).? If this convention is followed then all adjustments to the recon accounts are made through a customer account, vendor account, etc., and the total of the customers mapped to those GL accounts will always match the GL account balance itself.
>>
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>> Once you remove the post automatically indicator from the GL account you will open the door to compromising this balancing act.
>>
>>
>>
>> BC
>
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--
Roy Brookes AFA, FInstBA,
Senior SAP??? Financials Consultant
Tel: +49 171 268 9635 (mobile)
Tel: +49 40 793 19642 (landline)
Roy.Brookes@Hamburg.de
Roy.Brookes@RoyBrookes.com
RB@Software-Partner-Solutions.com
www.RoyBrookes.com
www.Software-Partner-Solutions.com
www.linkedin.com/in/roybrookes
SAP Expert Index Registration: CRF **42819*
__.____._ with reconciliation accounts because you tell the system
that it is a recon account by defining it as such in the
field destined for that purpose. The other remarks apply.
Rgds, Roy
Barry Famous via sap-acct wrote:
>
>
> Your intentions are good, but if a G/L account is designated as a reconciliation account and transactions have been posted, you cannot post directly to the account, nor can you change the indicator so that the account is no longer a reconciliation account. The 'Post Automatically Only' indicator means that only data from a SAP process or from an external source can post to the account. It can be used on any G/L account and can be deselected to allow manual postings if the need arises.
>
> ---------------Original Message---------------
> From: RPAC1864
> Sent: Thursday, April 22, 2010 3:07 PM
> Subject: Which accounts are considered Reconcilliation Accounts in SAP
>
>> FYI, posting directly to a reconciliation (recon)?account carries risk that the subledger totals (like customers, vendors, etc.) will not tie out to the GL account balance on a periodic basis.? SAP provides the POST AUTOMATICALLY ONLY indicator to force users to post through these subledger accounts (customers, vendors).? If this convention is followed then all adjustments to the recon accounts are made through a customer account, vendor account, etc., and the total of the customers mapped to those GL accounts will always match the GL account balance itself.
>>
>>
>>
>> Once you remove the post automatically indicator from the GL account you will open the door to compromising this balancing act.
>>
>>
>>
>> BC
>
>
>
>
--
Roy Brookes AFA, FInstBA,
Senior SAP??? Financials Consultant
Tel: +49 171 268 9635 (mobile)
Tel: +49 40 793 19642 (landline)
Roy.Brookes@Hamburg.de
Roy.Brookes@RoyBrookes.com
RB@Software-Partner-Solutions.com
www.RoyBrookes.com
www.Software-Partner-Solutions.com
www.linkedin.com/in/roybrookes
SAP Expert Index Registration: CRF **42819*
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