What is Monitor GR/IR Account Reconciliation in SAP FI-FIO-GL - Fiori UI for General Ledger Accounting?

SAP Term: Monitor GR/IR Account Reconciliation

• Component: FI-FIO-GL

• Component Name: Fiori UI for General Ledger Accounting

• Description: A general ledger accountant can use this app to get an overview of the statuses of open items on the GR/IR goods receipt/invoice receipt accounts that need clarification. He or she can analyze the goods and invoice receipts reconciliation using KPIs for purchase order items and open FI items. For example: The number of purchase order items for which there is an amount surplus in invoice receipts or goods receipts Open FI items by company code, by posting date, or by supplier

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• Key Concepts: 
  The Monitor GR/IR Account Reconciliation component of the FI-FIO-GL Fiori UI for General Ledger Accounting is a tool that allows users to monitor the reconciliation of Goods Receipt/Invoice Receipt (GR/IR) accounts. This component helps users to identify and resolve discrepancies between the GR/IR accounts and the general ledger accounts. It also provides an overview of the reconciliation status of all GR/IR accounts. 
  
  How to use it: 
  To use the Monitor GR/IR Account Reconciliation component, users must first select a company code and a fiscal year. Then, they can view the reconciliation status of all GR/IR accounts in that company code and fiscal year. The reconciliation status is displayed in a table, which includes information such as account number, account name, total debit amount, total credit amount, and reconciliation status. Users can also filter the table by account number or account name. 
  
  Tips & Tricks: 
  When using the Monitor GR/IR Account Reconciliation component, it is important to remember that only open items are displayed in the table. Therefore, if an account has been reconciled but still shows up in the table, it may be because there are still open items in that account. 
  
  Related Information: 
  For more information about the Monitor GR/IR Account Reconciliation component, please refer to SAP Help Portal (https://help.sap.com/viewer/product/FI_FIO_GL_FIORI_UI_FOR_GENERAL_LEDGER_ACCOUNTING/latest/en-US).