Reconciliation Group (tcfin0620m000)

Use this session to view and maintain reconciliation groups.

Field Information

Reconciliation Group

Reconciliation Subarea

The code of the reconciliation subarea of the reconciliation group.

Description

An additional description of the reconciliation group. This field can be used for a more detailed description or a description in a different language.

Write Reconciliation Data

If this check box is selected, LN logs reconciliation data for the transactions of the integration document types that are related to the reconciliation group.

By default, this check box is selected. However, for performance reasons, you can clear this check box if the reconciliation group is not used for reporting.

Note:

This field affect system performance and database growth. For more information, refer to Logging of reconciliation elements.
In a multicompany structure, you cannot modify this check box if unposted transactions exist in the reconciliation data of the reconciliation group for the financial company.

Expired

If this check box is selected, the reconciliation group is set to Expired.

Log All Reconciliation Elements

If this check box is selected, LN logs the values of all the possible reconciliation elements that are available for the reconciliation group and are present in the integration transaction. The transactions already logged can still be reconciled, if you assign different reconciliation elements for the reconciliation group later.

By default, the check box is selected for most of the end accounts.

Non-monetary Account

If this check box is selected, this is a non-monetary account, for which reporting currency amounts of the integration transactions are based on the historical rates that are applied to the related business objects.

If this check box is cleared, this is a monetary account, for which reporting currency amounts are determined using rates that are based on company and ledger account settings.

Note: This check box is applicable only if the Use Multiple Functional Currencies check box is enabled in the Companies (tcemm1170m000) session.

Automatically Accept Reconciliation Data

If this check box is selected, the status of reconciliation transactions is set to Accepted.

You can select this check box for reconciliation groups for which the logged data is available only for analysis purposes.

Note: If you select this check box and reconciliation data already exists for the reconciliation group or subgroup, LN prompts you to update the reconciliation data in the Accept Reconciliation Data (tfgld4295m000) session.

Automatically Finally Accept Reconciliation Data

If this check box is selected, the status of reconciliation transactions is set to Finally Accepted at the time of logging.

Note: You can use this setting for reconciliation groups that require analysis, but do not require a detailed acceptance procedure. If this check box is selected, time-consuming acceptance and final acceptance reconciliation steps are ignored.

Performance aspects

The setting of this field could affect system performance and database growth. For more information, refer to Logging of reconciliation elements.

Allow Corrections on Accepted Reconciliation Data

If this check box is selected, you can enter a (rounding) correction on an accepted reconciliation transaction in the Operations Management - Financial Reconciliation (tfgld4595m000) session.

Allow Corrections on Finally Accepted Reconciliation Data

If this check box is selected, you can enter a (rounding) correction on a finally accepted reconciliation transaction in the Operations Management - Financial Reconciliation (tfgld4595m000) session.

Basis for Final Acceptance

Indicates the specific level of detail on which the transactions are reconciled and accepted.

For example, if the Basis for Final Acceptance is business object ID which for a purchase order represents the order number, then you cannot reconcile and accept the reconciliation transactions per purchase order line.

Allowed values

Business Object ID + Balance Reference

You can reconcile and accept the transactions per business object ID plus business object reference or on a less specific level.

Reference Link between Business Objects

You can reconcile and accept the transactions from different reconciliation groups by reference link.

Business Object ID

You can reconcile and accept the transactions per business object ID or on a less specific level.

Obsolete

You can reconcile and accept the transactions per business object ID plus sorting position, for example, the order line number, or on a less specific level.

Not Applicable

You cannot reconcile and accept the transactions per business object ID or reference link. You can reconcile and accept the transactions per reconciliation element or on a less specific level.

This value applies to reconciliation groups of these reconciliation areas:

Inventory
Consigned/Customer Owned Inventory
Assembly Line WIP

Note: If the value is other than Not Applicable, the business object must be Closed before you can accept the reconciliation data in the Finally Accept Reconciliation Data (tfgld4295m100) session.

1

A reconciliation element for the reconciliation group defined for the selected financial company.

You can select a reconciliation element from the Possible Reconciliation Elements by Reconciliation Group (tcfin0125m000).

Business Objects of not finally accepted transactions

If this check box is selected, you cannot archive and/or delete business objects in Operations Management before the reconciliation data of the reconciliation group is finally accepted in the Finally Accept Reconciliation Data (tfgld4295m100) session.

By default this check box is selected. However, you can clear this check box if the reconciliation data is used only for reporting.

Finally accepted transactions of not deleted Business Objects

If this check box is selected, you cannot archive and/or delete the reconciliation data if the business objects still exist in Operations Management.

By default this check box is selected.

Log Currency Differences

Indicates if the currency differences are logged for the integration document type.

Allowed values

Manually: The Currency Difference integration document type is only used to log the reconciliation data. No currency difference transaction is generated. Before reconciliation, you can run the various currency differences sessions to clear the currency differences from the integration accounts. For details, refer to Currency differences accounts.
Not: Currency differences are not logged. No Currency Difference integration document type is generated.
Automatically: You must define a mapping for the Currency Difference integration document type.

Manually: The Currency Difference integration document type is only used to log the reconciliation data. No currency difference transaction is generated. Before reconciliation, you can run the various currency differences sessions to clear the currency differences from the integration accounts. For details, refer to Currency differences accounts.
Not: Currency differences are not logged. No Currency Difference integration document type is generated.
Automatically: You must define a mapping for the Currency Difference integration document type.

Basis for Currency Translation

Indicates the basis on which the currency translation is processed for the specific reconciliation group.

Allowed values

Local Currency
Order Currency
Not Applicable

Currency Difference

The integration document type used to log the currency differences transactions generated for the reconciliation area.

No mapping can be defined for the integration document type. This is only used for the reconciliation process.

Rounding Difference

The integration document type used to log the rounding differences transactions for the reconciliation area.

No mapping can be defined for the integration document type. This is only used for the reconciliation process.

Correction

The integration document type used to log the Reconciliation Correction transactions that are created in the Operations Management - Financial Reconciliation (tfgld4595m000) session for the reconciliation area.

No mapping can be defined for the integration document type. This is only used for the reconciliation process.

Opening Balance

The integration document type used to log the opening balance transactions.

No mapping can be defined for the integration document type. This is only used for the reconciliation process.