Maria can perform user reconciliation using one of the three reconciliation types: However, there will be cases where Maria will perform internal reconciliations herself – these are the User Reconciliations.įor example, when OEC Computers pays a vendor in advance and receives the A/P Invoice later on, Maria will have to internally reconcile the Vendor Master Data and match the Payment with the A/P Invoice transactions. You tell Maria that SAP Business One also performs Partial System Reconciliations if, for example, a customer partially pays an A/R Invoice. And secondly, in clearing G/L Accounts when you deposit a check received by an Incoming Payment.Firstly, in the Business Partners Master Data accounts when an Incoming Payment is based on an A/R Invoice (or a Credit Memo on an A/R Invoice).You give Maria two examples of full automatic reconciliations: These are the System Reconciliations.Īutomatic system reconciliations can be full or partial. Maria is happy to hear that most internal reconciliations are performed automatically by SAP Business One. She remembers you told her previously, that among other processes, it relates to Period-End Closing.

Maria, the accountant of OEC Computers, asks you more about the Internal Reconciliation Process. Imagine that you are implementing SAP Business One at a new customer, OEC Computers.

We will present the internal reconciliation topic by looking at the reconciliation process of a business partner master data. You will learn how to review automatic and semi-automatic system reconciliations, and how to perform internal reconciliation manually. In this topic, we discuss how to utilize the process of internal reconciliation, both system and user reconciliations, in G/L accounts and business partners.

Sap business one 2007 on virtualpc