FCLM_BANK_RECONCIL - Bank Account Reconciliation

SAP Transaction Code - Details

• Transaction Code: FCLM_BANK_RECONCIL

  Description: Bank Account Reconciliation

  Release: S/4HANA only

  Menu Path:

  • Accounting > Financial Supply Chain Management > Cash and Liquidity Management > Tools > One Exposure from Operations > Bank Account Reconciliation

• • Program: FCLM_BANK_RECONCIL

    Screen: 0

    Authorization Object:

  • Development Package: FCLM_REUSE

    Package Description: Common / Reusable Components

    Parent Package: FCLM

  • Module/Component: FIN-FSCM-CLM

    Description: SAP Cash Management

Smart SAP Assistant

• SAP Tcode: FCLM_BANK_RECONCIL - Bank Account Reconciliation

  
  Overview: 
  FCLM_BANK_RECONCIL is a SAP transaction code used to reconcile bank accounts. It is used to compare the bank statement with the company’s internal records and identify any discrepancies. This helps to ensure that the company’s financial records are accurate and up-to-date. 
  
  Functionality: 
  FCLM_BANK_RECONCIL allows users to reconcile bank accounts by comparing the bank statement with the company’s internal records. It can be used to identify any discrepancies between the two, such as payments that have not been recorded in the company’s books or payments that have been incorrectly recorded. The transaction code also allows users to enter any necessary adjustments and post them to the company’s books. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FCLM_BANK_RECONCIL in the SAP system. 
  2. Select the bank account you wish to reconcile. 
  3. Enter the date range for which you wish to reconcile the account. 
  4. Compare the bank statement with the company’s internal records and identify any discrepancies. 
  5. Enter any necessary adjustments and post them to the company’s books. 
  6. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to regularly reconcile bank accounts in order to ensure that the company’s financial records are accurate and up-to-date. It is also recommended that users review their reconciliations on a regular basis in order to identify any potential issues or discrepancies that may have been overlooked during the reconciliation process.