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Document 06_Alternative
Reconciliation GL Entry Process)

Real life example with detail information.

Tarek Hossain Chowdhury

Sr. Consultant SAP FICO,
Bangladesh
M & WhatsApp: +8801819-210126
Email ID: [email protected]
Skype ID: tarekhchy
Linkedin:https://www.linkedin.com/i
n/tarek-hossain-chowdhury-
b192a341/

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 1
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Document 06_Alternative
Reconciliation GL Entry Process)

Contents
A) Requirement received from User .................................................. 3
B) SAP Solution recommended to meet the User specific Requirement. 3
C) Configuration Process ................................................................. 4
1) New Vendor Recon GL Creation /// T Code FS00 ........................ 4
2) Define Alternative Reconciliation Accounts /// T Code OKKM......... 4
3) Activate Direct Posting to Alternative GL Accounts ....................... 7
4) Reconciliation Account Ready for input /// T Code FS00................ 8
D) Execution Process – Alternative Reconciliation GL Entry Process .... 9
1) Check Existing Vendor Reconciliation GL /// T Code BP ............... 9
2) Foreign Vendor selected for Local Material supply ........................ 9
3) PO creation for Local Material supply // T Code ME21N .............. 10
4) Goods received GR done /// T Code MIGO ............................... 10
5) Vendor Invoice Creation /// T Code MIRO.................................. 12
6) Vendor Balance report display /// T Code FBL1N ....................... 14
7) GL Balance report display /// T Code FBL3N ............................. 14
8) Alternative Reconciliation GL Input TAB available in /// T Code
MIRO/FB60 ................................................................................ 15

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 2
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Document 06_Alternative
Reconciliation GL Entry Process)

A) Requirement received from User

1) Foreign Vendor got PO for supplying local material. This specific

vendor payable amount needs to be shown in the Domestic
vendor payable reconciliation GL instead of Foreign Vendor
payable reconciliation GL.

2) During Company expansion, the company needs to know about

the vendor payable amount for Capital Expenditure part.

3) In the Company a specific project work is going on. So the

company needs to know about the vendor payable amount for
specific PROJECT Expenditure part.

B) SAP Solution recommended to meet the User

specific Requirement.

1) By activating the Alternative Reconciliation GL Entry process we

can meet the above user requirement.

2) After activating USER has the option to select Alternative

Reconciliation GL as per their requirement.

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 3
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Document 06_Alternative
Reconciliation GL Entry Process)
C) Configuration Process

1) New Vendor Recon GL Creation /// T Code FS00

Manu Path >> Accounting >> Financial Accounting >> General Ledger >>
Master Records >> G/L Accounts >> Individual Processing >> FS00 -
Centrally

2) Define Alternative Reconciliation Accounts /// T Code OKKM

IMG Path: SPRO --> Financial Accounting (New) --> Accounts Receivable
and Accounts Payable --> Business Transactions --> Postings
with Alternative Reconciliation Account --> Define Alternative Reconciliation
Accounts

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 4
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Document 06_Alternative
Reconciliation GL Entry Process)

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 5
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Document 06_Alternative
Reconciliation GL Entry Process)

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 6
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Document 06_Alternative
Reconciliation GL Entry Process)

3) Activate Direct Posting to Alternative GL Accounts

IMG Path: SPRO >> Materials Management >> Logistics Invoice Verification
>> Incoming Invoice >> Activate Direct Posting to Alternative G/L Accounts

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 7
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Document 06_Alternative
Reconciliation GL Entry Process)

4) Reconciliation Account Ready for input /// T Code FS00

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 8
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Document 06_Alternative
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D) Execution Process – Alternative

Reconciliation GL Entry Process

1) Check Existing Vendor Reconciliation GL /// T Code BP

Vendor Code 20000017

Reconciliation Account --- GL 200402 Import Vendor

2) Foreign Vendor selected for Local Material supply

Example One // Foreign Vendor selected for Local Material supply.

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 9
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Document 06_Alternative
Reconciliation GL Entry Process)
3) PO creation for Local Material supply // T Code ME21N

PO Number 4500001513

4) Goods received GR done /// T Code MIGO

Material Document 5000018557

Accounting Document 500000080

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 10
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Reconciliation GL Entry Process)

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 11
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Document 06_Alternative
Reconciliation GL Entry Process)

5) Vendor Invoice Creation /// T Code MIRO

Accounting Document 510000019

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 12
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Document 06_Alternative
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TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 13
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Document 06_Alternative
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6) Vendor Balance report display /// T Code FBL1N

7) GL Balance report display /// T Code FBL3N

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 14
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Document 06_Alternative
Reconciliation GL Entry Process)

8) Alternative Reconciliation GL Input TAB available in /// T Code

MIRO/FB60

T Code MIRO

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 15
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Document 06_Alternative
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T Code FB60

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 16
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Reconciliation GL Entry Process)

TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO) EMAIL : [email protected] /// M
+8801819210126 17