How to use CKMADJUST - Reconcil. with Bal. Sheet Acct in FI

SAP Transaction Code - Details

• Transaction Code: CKMADJUST

  Description: Reconcil. with Bal. Sheet Acct in FI

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Materials Management > Valuation > Actual Costing/Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI
  • Logistics > Materials Management > Material Master > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI
  • Logistics > Production > Master Data > Material Master > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI
  • Logistics > Production - Process > Master Data > Material Master > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI
  • Logistics > Central Functions > Engineering > Material > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI
  • Accounting > Controlling > Product Cost Controlling > Actual Costing/Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI

• • Program: ML_ADJUST_FI

    Screen: 1000

    Authorization Object:

  • Development Package: CKML

    Package Description: Material Ledger

    Parent Package: APPL

  • Module/Component: CO-PC-ACT

    Description: Actual Costing/Material Ledger

Smart SAP Assistant

• SAP Tcode: CKMADJUST - Reconcil. with Bal. Sheet Acct in FI

  
  Overview: 
  CKMADJUST is a SAP transaction code used to reconcile the balance sheet accounts in the Financial Accounting (FI) module. It is used to ensure that the balance sheet accounts are in agreement with the general ledger. 
  
  Functionality: 
  CKMADJUST allows users to compare the balances of the balance sheet accounts with the general ledger. It also allows users to adjust any discrepancies between the two. This ensures that the balance sheet accounts are in agreement with the general ledger and that all transactions are accounted for. 
  
  Step-by-step How to Use: 
  1. Enter CKMADJUST into the SAP command field and press enter. 
  2. Select the company code for which you want to reconcile the balance sheet accounts. 
  3. Select the fiscal year for which you want to reconcile the balance sheet accounts. 
  4. Select the reconciliation type (e.g., manual or automatic). 
  5. Enter any additional parameters as needed (e.g., account numbers). 
  6. Click “Execute” to begin reconciling the balance sheet accounts with the general ledger. 
  7. Review any discrepancies between the two and adjust as needed. 
  8. Click “Save” to save your changes and complete the reconciliation process. 
  
  Other Recommendations: 
  It is recommended that users regularly reconcile their balance sheet accounts with their general ledger in order to ensure accuracy and prevent any discrepancies from occurring in future transactions. Additionally, it is important to ensure that all transactions are accounted for in order to maintain accurate financial records and comply with accounting standards and regulations.