Reconciliation groups

A reconciliation group represents the kind of ledger account used for the integration transactions and, in this way, represents a group of integration ledger accounts on which you can perform reconciliation. A reconciliation group consists of the combination of a reconciliation area and a subarea, for example, Invoice Accrual/Purchase Order.

To each reconciliation group, one or more integration document types are linked. In the integration mapping scheme, the integration document types are mapped to the ledger accounts and dimensions.

Each integration document type is linked to two reconciliation groups, one for the debit side and one for the credit side. You can view the integration document types of a reconciliation group in the Integration Document Types by Reconciliation Group (tcfin0115m000) session.

In the Reconciliation Groups (tcfin0120m000) session, you can view and complete the details of the generated reconciliation groups with the details required for the reconciliation and financial analysis in your organization. For details, refer to Reconciliation group details.