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Post details: Reconciling GL Account Postings SAP FI
03/16/07
Reconciling GL Account Postings SAP FI
In any accounting system, it is very important to reconcile the general ledger postings. Comparing accounting figures and reconciling them is an important part of the period end closing process in SAP. GL Account reconciliation basically ensures that all debits and credits are supported by appropriate documentation. SAP has a report "SAPFI90" "Financial Accounting Reconciliation Analysis" which facilitates account reconciliation.
In SAP Financials, GL accounts are reconciled using the audit trail.
This means account balances should be compared to general ledger document reports. Report RFHABU00 shows the General Ledger Document File. Further, report RFKLBU10 shows "Account Details from Historical Accumulated Audit Trail". Any of these two reports can be compared with list of General Ledger GL account balances RFSSLD00. Other ways to reconcile open items accounts is by comparing customer and supplier balances with items in the audit trail. Reports RFDSLD00 and RFKSLD00 can be used for this. Reconcliation of GL account postings and open items ensures accuracy and completeness of the SAP FI Balances Sheet & Profit and Loss Account.
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