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InterviewSolution
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What Is The Co Reconciliation Ledger And When Would You Typically Use It ? |
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Answer» The reconciliation ledger effectively highlights differences by account across the FI and CO modules. A report is PRODUCED by the RL program, identifying where transactions have been BOOKED across entities in controlling that WOULD impact the EXTERNAL reporting produced from the FI module. The RL program can then EITHER post automatic corrections or you can choose to post manual corrections based on the information in the RL report. The reconciliation ledger effectively highlights differences by account across the FI and CO modules. A report is produced by the RL program, identifying where transactions have been booked across entities in controlling that would impact the external reporting produced from the FI module. The RL program can then either post automatic corrections or you can choose to post manual corrections based on the information in the RL report. |
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