KW_BANKRECONCL - Bank Reconciliation

SAP Transaction Code - Details

• Transaction Code: KW_BANKRECONCL

  Description: Bank Reconciliation

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Banks > Country Specifics > Kuwait > Bank Reconciliation

• • Program: RPFIKW_BANK_RECONCIL

    Screen: 1000

    Authorization Object:

  • Development Package: GLO_FIN_FI_KW

    Package Description: FI Localization for Private Kuwait

    Parent Package: GLO_FIN_FI

  • Module/Component: FI-LOC-FI-KW

    Description: Financials Kuwait

AnswerBot

• SAP Tcode: KW_BANKRECONCL - Bank Reconciliation

   Closing
  
  Overview:
  KW_BANKRECONCL is a SAP transaction code used to close the bank reconciliation process. It is used to ensure that all bank accounts are reconciled and that all discrepancies have been resolved. This transaction code is part of the Financial Accounting (FI) module. 
  
  Functionality: 
  KW_BANKRECONCL allows users to close the bank reconciliation process and ensure that all accounts are reconciled. It also allows users to view the reconciliation status of each account, as well as any discrepancies that may exist. Additionally, it allows users to view the reconciliation history of each account. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code KW_BANKRECONCL in the command field. 
  2. Select the bank account you wish to reconcile. 
  3. Enter the date range for which you wish to reconcile the account. 
  4. Review the reconciliation status of the account and any discrepancies that may exist. 
  5. Resolve any discrepancies that may exist. 
  6. Once all discrepancies have been resolved, click “Close” to close the bank reconciliation process for that account. 
  7. Repeat steps 2-6 for each bank account you wish to reconcile. 
  
  Other Recommendations: 
  It is recommended that users regularly review their bank accounts and reconcile them using KW_BANKRECONCL in order to ensure accuracy and prevent any discrepancies from occurring in the future. Additionally, it is recommended that users keep a record of their reconciliation history in order to easily review past reconciliations and compare them with current reconciliations.