How to use ICAARC - Activate Recon. Close Process

SAP Transaction Code - Details

• Transaction Code: ICAARC

  Description: Activate Recon. Close Process

  Release: S/4HANA only

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FIN_ICA_RECON

    Package Description: Inter-Company Reconciliation

    Parent Package: FIN_ICA

  • Module/Component: FIN-CS-ICR

    Description: Intercompany Reconciliation

Smart SAP Assistant

• SAP Tcode: ICAARC - Activate Recon. Close Process

  
  Overview:
  The SAP transaction code ICAARC is used to activate the Reconciliation Close Process. This process is used to reconcile accounts and close the books at the end of a period. 
  
  Functionality: 
  The ICAARC transaction code allows users to activate the Reconciliation Close Process. This process is used to reconcile accounts and close the books at the end of a period. The process can be used to identify any discrepancies between accounts and ensure that all accounts are properly closed. 
  
  Step-by-Step How to Use 
  To use the ICAARC transaction code, users must first log into their SAP system. Once logged in, they can access the ICAARC transaction code by entering it into the command field. The system will then display a list of available reconciliation processes that can be activated. Users can then select the desired process and activate it. 
  
  Other Recommendations: 
  It is important to note that users should only activate the Reconciliation Close Process when all accounts have been reconciled and all discrepancies have been resolved. Additionally, users should ensure that all necessary documents are in place before activating the process.