Making Settings for Reconciliation Accounts 

Use

For parallel accounting in Loans Management, you can assign in the parallel valuation areas the reconciliation account of the customer. With this posting, no other open items are generated; instead, just one G/L account posting is generated in the non-leading ledger or ledgers. In addition to the settings in General Ledger Accounting, you need to have made settings in the Implementation Guide for SAP Banking, which are described below.

Procedure

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·        Define new posting specifications:

For this, choose in the Implementation Guide SAP Banking ® Loans Management ® Transaction Management ® Update Types ® Define Account Determination.

For account determination for postings to the reconciliation account, you can either change the posting specifications used previously or set up new ones.

We recommend copying the existing posting specifications and changing them to AXXX for postings to reconciliation accounts.

You assign to the posting specifications for the reconciliation accounts posting keys for G/L account postings as well as an account symbol with posting category 2 (subledger posting in payment currency). Postings are then made to the reconciliation account stored in the customer master record.

·        Assignment of update type to posting specificationswithout restriction to valuation area (posting to parallel, non-leading valuation areas on reconciliation accounts):

In the same IMG activity, choose Assignment of Update Types to Posting Specs.

Assign the new posting specifications you have created to the update type and select in addition the indicator for the payment transaction.

If you have changed the posting specifications that you used previously, also set the indicator for the payment transaction.