What is reconciliation case in SAP FIN-CS-ICR - S/4HANA Intercompany Matching and Reconciliation?

SAP Term: reconciliation case

• Component: FIN-CS-ICR

• Component Name: S/4HANA Intercompany Matching and Reconciliation

• Description: Consists of one or more display groups, which are used to filter and display the data in the reconciliation overview and balance detail reports.

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• Key Concepts: 
  A reconciliation case is a tool used in the SAP S/4HANA Intercompany Matching and Reconciliation component (FIN-CS-ICR) to compare and reconcile intercompany transactions. It is used to identify and resolve discrepancies between two companies’ financial records. The reconciliation case is a process that can be used to ensure that the two companies’ records are in agreement. 
  
  How to use it: 
  The reconciliation case is initiated by creating a reconciliation case in the SAP system. This can be done by entering the company codes of the two companies that need to be reconciled, as well as the date range for which the reconciliation should be performed. Once the reconciliation case is created, the system will compare the two companies’ records and identify any discrepancies. 
  
  Tips & Tricks: 
  When creating a reconciliation case, it is important to ensure that all relevant data is included in the comparison. This includes not only financial data, but also other information such as customer and vendor data. Additionally, it is important to ensure that all relevant documents are included in the comparison, such as invoices and purchase orders. 
  
  Related Information: 
  The SAP S/4HANA Intercompany Matching and Reconciliation component (FIN-CS-ICR) also includes other features such as automated matching and dispute resolution. Additionally, there are various reports available in the system that can be used to analyze intercompany transactions and identify potential discrepancies.