Document 06 Alternative reconciliation GL entry process in SAP

Document 06_Alternative
Reconciliation GL Entry Process)
TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : TAREKHCHY@GMAIL.COM /// M
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Real life example with detail information.
Tarek Hossain Chowdhury
Sr. Consultant SAP FICO,
Bangladesh
M & WhatsApp: +8801819-210126
Email ID: tarekhchy@gmail.com
Skype ID: tarekhchy
Linkedin:https://www.linkedin.com/i
n/tarek-hossain-chowdhury-
b192a341/

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Contents
A) Requirement received from User ..................................................3
B) SAP Solution recommended to meet the User specific Requirement.3
C) Configuration Process .................................................................4
1) New Vendor Recon GL Creation /// T Code FS00........................4
2) Define Alternative Reconciliation Accounts /// T Code OKKM.........4
3) Activate Direct Posting to Alternative GL Accounts .......................7
4) Reconciliation Account Ready for input /// T Code FS00................8
D) Execution Process – Alternative Reconciliation GL Entry Process ....9
1) Check Existing Vendor Reconciliation GL /// T Code BP ...............9
2) Foreign Vendor selected for Local Material supply........................9
3) PO creation for Local Material supply // T Code ME21N..............10
4) Goods received GR done /// T Code MIGO...............................10
5) Vendor Invoice Creation /// T Code MIRO..................................12
6) Vendor Balance report display /// T Code FBL1N .......................14
7) GL Balance report display /// T Code FBL3N .............................14
8) Alternative Reconciliation GL Input TAB available in /// T Code
MIRO/FB60 ................................................................................15

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A) Requirement received from User
1) Foreign Vendor got PO for supplying local material. This specific
vendor payable amount needs to be shown in the Domestic
vendor payable reconciliation GL instead of Foreign Vendor
payable reconciliation GL.
2) During Company expansion, the company needs to know about
the vendor payable amount for Capital Expenditure part.
3) In the Company a specific project work is going on. So the
company needs to know about the vendor payable amount for
specific PROJECT Expenditure part.
B) SAP Solution recommended to meet the User
specific Requirement.
1) By activating the Alternative Reconciliation GL Entry process we
can meet the above user requirement.
2) After activating USER has the option to select Alternative
Reconciliation GL as per their requirement.

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C) Configuration Process
1) New Vendor Recon GL Creation /// T Code FS00
Manu Path >> Accounting >> Financial Accounting >> General Ledger >>
Master Records >> G/L Accounts >> Individual Processing >> FS00 -
Centrally
2) Define Alternative Reconciliation Accounts /// T Code OKKM
IMG Path: SPRO --> Financial Accounting (New) --> Accounts Receivable
and Accounts Payable --> Business Transactions --> Postings
with Alternative Reconciliation Account --> Define Alternative Reconciliation
Accounts

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3) Activate Direct Posting to Alternative GL Accounts
IMG Path: SPRO >> Materials Management >> Logistics Invoice Verification
>> Incoming Invoice >> Activate Direct Posting to Alternative G/L Accounts

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4) Reconciliation Account Ready for input /// T Code FS00

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D) Execution Process – Alternative
Reconciliation GL Entry Process
1) Check Existing Vendor Reconciliation GL /// T Code BP
Vendor Code 20000017
Reconciliation Account --- GL 200402 Import Vendor
2) Foreign Vendor selected for Local Material supply
Example One // Foreign Vendor selected for Local Material supply.

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3) PO creation for Local Material supply // T Code ME21N
PO Number 4500001513
4) Goods received GR done /// T Code MIGO
Material Document 5000018557
Accounting Document 500000080

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5) Vendor Invoice Creation /// T Code MIRO
Accounting Document 510000019

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6) Vendor Balance report display /// T Code FBL1N
7) GL Balance report display /// T Code FBL3N

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8) Alternative Reconciliation GL Input TAB available in /// T Code
MIRO/FB60
T Code MIRO

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T Code FB60

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Document 06 Alternative reconciliation GL entry process in SAP

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