How to use FAGLCORC - CO - FI Reconciliation

SAP Transaction Code - Details

• Transaction Code: FAGLCORC

  Description: CO - FI Reconciliation

  Release: S/4HANA and ECC 6

• • Program: FAGL_COFI_RECON

    Screen: 1000

    Authorization Object:

  • Development Package: FAGL_ONLINE_RECONCILIATION

    Package Description: Online Update CO->FI

    Parent Package: FINA_GL

  • Module/Component: FI-GL

    Description: General Ledger Accounting

Smart SAP Assistant

• SAP Tcode: FAGLCORC - CO - FI Reconciliation

  
  Overview:
  FAGLCORC - CO - FI Reconciliation is a SAP transaction code used to reconcile the financial and controlling accounts in the SAP system. This transaction code is used to ensure that the financial and controlling accounts are in balance and that all transactions are accounted for. 
  
  Functionality: 
  The FAGLCORC - CO - FI Reconciliation transaction code allows users to compare the balances of the financial and controlling accounts in the SAP system. It also allows users to view any differences between the two accounts and make corrections if necessary. The transaction code also provides a detailed report of all transactions that have been reconciled. 
  
  Step-by-step How to Use: 
  1. Enter the FAGLCORC - CO - FI Reconciliation transaction code in the command field. 
  2. Select the company code for which you want to reconcile the accounts. 
  3. Select the reconciliation type (e.g., manual or automatic). 
  4. Enter the date range for which you want to reconcile the accounts. 
  5. Select the reconciliation method (e.g., by account or by document). 
  6. Select the reconciliation option (e.g., open items only or all items). 
  7. Click “Execute” to start the reconciliation process. 
  8. Review the reconciliation report and make any necessary corrections. 
  9. Click “Save” to save your changes and complete the reconciliation process. 
  
  Other Recommendations: 
  It is recommended that users regularly use this transaction code to ensure that their financial and controlling accounts are in balance and that all transactions are accounted for correctly. Additionally, users should review their reconciliation reports regularly to ensure accuracy and make any necessary corrections as soon as possible.