Hi,
Do we need to have the accumulated Dep. account as recon account to post revaluation amounts using ABAW transaction?
Scenario: I need to reduce the asset values due to the court order as one time and start calculate the system based upon the new reduced values of the assets going forward.
What I did:
I have configured (OABW, OAYR, AO90, OAXJ) and trying to post the revaluation using ABAW and getting error as below:
Account 134XXXXX is not a reconciliation account
message no. AU138
Diagnosis: Processing terminated beasue account 134XXXX (determined from account symbol KTNAFB in chart of accounts 0010) is not specified as reconciliation account for assets.
Procedure: Define the account as reconciliation account or assign a different account in the account determination for asset accounting.
This GL account has not been used in configuring the revaluation.
Please advise on this.......... Thanks in advance.
Sreeni