How to use RECON1 - Process Ext. Sec. Acct Statements

SAP Transaction Code - Details

• Transaction Code: RECON1

  Description: Process Ext. Sec. Acct Statements

  Release: S/4HANA and ECC 6

• • Program: RTPM_TRS_RECON_DISPLAY

    Screen: 1000

    Authorization Object:

  • Development Package: FTR_SECURITY_ACCOUNT_MGT

    Package Description: Treasury: Securities Account Management

    Parent Package: FS_TRM

  • Module/Component: FIN-FSCM-TRM-TM-BO

    Description: Back Office

Smart SAP Assistant

• SAP Tcode: RECON1 - Process Ext. Sec. Acct Statements

  
  Overview:
  The SAP transaction code RECON1 is used to process external security account statements. This code is used to reconcile the external security accounts with the internal accounts in the SAP system. It is a part of the Reconciliation module in SAP. 
  
  Functionality: 
  The RECON1 transaction code allows users to process external security account statements and reconcile them with the internal accounts in the SAP system. This helps to ensure that all transactions are properly accounted for and that any discrepancies are identified and corrected. The reconciliation process also helps to identify any potential fraud or errors in the system. 
  
  Step-by-step How to Use: 
  1. Enter the RECON1 transaction code into the command field. 
  2. Select the external security account statement that needs to be processed. 
  3. Enter the details of the external security account statement into the system. 
  4. Compare the external security account statement with the internal accounts in SAP. 
  5. Identify any discrepancies between the two accounts and make corrections as necessary. 
  6. Once all discrepancies have been resolved, save the changes and exit out of the transaction code. 
  
  Other Recommendations: 
  It is important to regularly review and reconcile external security account statements with internal accounts in SAP to ensure accuracy and prevent fraud or errors from occurring in the system. Additionally, it is recommended that users regularly back up their data before running this transaction code, as it can be difficult to undo any changes made during reconciliation if something goes wrong.