Bank integration, wire transfers, AP payments

Does anyone know about any bank integrations that exist for SAP?
For doing wire transfers right from inside B1 or pulling bank statements into B1 to reconcile?

Is one of those localizations Canada?
Do you know off hand if it works with an HSBC system? I am just not familiar with that SAP add-on.

Similar Messages

How to create a positve pay file for ACH and Wire transfers through F110

Hi All,
I need to create a positive pay file for ACH and Wire transfers to the bank for auto clearing. For checks we have a standard program (RFCHKE00) to create the positive pay file which creates the output lists after the F110 payment process. Is there any standard SAP program available which creates the Positive pay file (Output list) for ACH and wire transfers through F110.
Thanks
Sridhar

Please let your abaper create a 'Z' program using RFCHKE00. For example 'ZRFCHKE00' and use it in the same way as you currently use RFCHKE00 for checks.
After the program is created, use SE38 and save it as a variant using your own specifications. Thereafter, in F110, when carrying out a payment run, under 'Printout/data medium', enter the program name under "Lists" with the variant. Then click on 'Maintain Variants' and make the necessay specifications there as well.
Instruct your end-users to enter this program when running ACH and wire transactions through F110.
Please let us know if this information was helpful.
Thanks,
Elias

Wire transfers for US client

Hi Gurus,
I have to configure for a US client wire payments procedure so that payment media file is generated in a format specified by bank. Currently, the client has ACH payments already set up. They have a payment method 'W' for wire transfers which they use but it is not assigned to any Payment media / forms. After the payment run for payment method 'W', they take the payment list and enter manually the details of wire transfers to be done in the external bank software. Now, they dont want to manually enter these details into the bank's software anymore. Instead, they want the SAP to generate a file output after the payment run for 'W' method and then upload / import this file into the bank's software. The bank has a specific format for such uploads.
I request you to pls. explain how and what to configure so that the desired file format is output to be uploaded into bank's software.
Thanks,
Jagdish
1-314-537-6449

Hi Jagdish,
For wire transfer config use Payment Method T and Payment Program RFFOUS_T also you can use program rffoedi1.
To customise the program read program documentation for more details.
Hope this clarify your doubt.
Please assign points as way to say thanks
Message was edited by: Ravi Rana

What is the difference when you enroll in your bank's on line bill payment program?

This is really more of a general question that doesn't specifically have anything to do with Verizon Wireless. Somebody here mentioned that it's possible to have your bank involved in paying your bills on line? What exactly does that involve? Does that mean all of your vendors send their bills to your bank and then the bank automatically takes the money out of your checking account?
Here is what I do and I'm just trying to understand the difference: Right now, each individual vendor that I do business with routinely notifies me via email each time my bill is ready for viewing on line. I view the statement on line first to make sure it's correct and then I charge the payment to my checking account with my bank routing number and checking account number listed and verified. Then about 2-3 days later, the transaction hits my checking account in the form of an "e-check", I guess. I need to be sure that I am making the payments on my own and that I am documenting all of my transactions accurately in a paper ledger book that I still use. It still comes in handy for me to keep a manual record and check that against my monthly bank statements so I always know what my balance is. I still balance my checkbook. The only difference now is that I'm no longer handwriting a paper check, using up postage, or using the mailbox every time.
The way I'm doing it now is very quick and convenient but with your bank's on line bill payment program, what exactly is the difference?

Thank you. I think I'm going to leave my existing arrangement alone but that's good information to know. I don't like any of my routine bills with the same amount per month getting paid automatically besides my gym membership fee. That's just something I am anal about. I usually get accused of being "fussy". lol...But everyone is different and obviously it depends on your needs.
I didn't realize some banks charge a fee for their bill pay system but that's definitely something I would ask about before enrolling in something like that. I went to my bank's website which I use anyway for viewing my statements and all it provides is an on line form for enrolling in on line billing. It doesn't give any information. Oh well. I'll just call my bank's customer service line or speak to a banker at my local branch in person if I change my mind and decide to look into it later on.
So far the difference from what you described seems negligible in my case and that I really wouldn't gain much. But then again, I just started with paying my bills on line so it's still a new routine for me.
Thanks again.

Not able to clear bank statement accounting entry with payment document.

Hello FI guru,
We are facing problem to clear bank statement accounting entry with payment document posted via t.code F110 (Automatic payment program).
There is only single entry for payment in bank statment . But many entries in F110 for different vendors. Will posting the bank statement entry i.e Bank clear account Dr
To Bank main account
Its post with an error Error F5 263 the diference is too large.
We are using muticash format & we have use 4 which clear Dr GL
Request your help to resolve the problem Whether we missed any configuration or we have develop program for the same

Hi,
This error generally is due to tolerance error. Please check the assignment of the user id with the relevant tolerance groups. Let me know if it worked.
or go through the following link
F5 263 - The difference is too large for clearing
BR,
Satya

Banking additional charges for outgoing payment

Any chances SAP will add in the field under the payment means at Outgoing Payment for the Banking module.
Currently it's only available on the Incoming Payment under the payment means but not Outgoing.
Cheers,
chan

Hi ,
Try this work around for bank charges involved while making payments.
Example
Amount due to supplier-10000
Bank charges - 100
Total payment - 10100
1)Go to outgoing payment screen/type the vendor and select the invoice of 10000.
2)Go to payment means and against bank column enter 10100
3)In payment means in row two type bank charges for 100
The system will throw an error saying bank charges is not cash account.still u can post the entry.
The accounting entry will be
Supplier a/c Debit - 10000
To bank a/c Credit -10100
To Bank charges a/c credit - (100)
(instead of debiting bank charge expenses it is crediting the charges in negative figure / impact is same)

Bank charge on transaction automatic payment

Hi Guru
I would like to know set post automatic bank charge on transaction automatic payment (t code F110) such as
dr. vendor
dr. bank charge
cr. bank clearing
how I can do. thank you very much

Dear,
Please go through the link below
bank charges in app

Where are defined in SAP bank clearance clauses / foreign currency payment?

Hi All,
with reference to foreign money transfer, I'd like to know where are defined in SAP the bank clearance clause (foreign currency payment).
Thanks

Hello,
This is the classical payment medium payment program for Italy.
You must have defined this in FBZP transaction code.
Payment methods in country.
Double click on your country & Payment method.
You must have defined at
Use classic payment medium programs (RFFO*)
Base on this your file gets generated and saved on to a secured directory.
Regards,
Ravi

FPCJ - Bank clearig account in cash payments

FPCJ: The user can post a payment with multiple payment types (e.g. cash, checks, credit card...) for a contract account.
When you make a payment in the cash desk it determines automatically the bank clearing account.
The problem is after making a card payment if you want to make cash payment.
Then it doesnu2019t refresh the bank clearing account.
You can put it manually but it should be automatically filled.
Also, when the last payment you have made is a credit card payment, if you whant to make a cash withdrawal, it determines the 'bank clearing account' for credit payment.
I think the problem is that it doesn't refresh this data for both cases.

Hi
can you check if the used G/L Account has "Cash Account" marked in the chart of accounts definition?
All the best.
Agustín.

Bank commissions in a incoming payment

Hello guru,
I need to register the bank commissions during a incoming payment.
Example:
My Total AR invoice : 1000 Chf
My customer pay : 1000 Chf
Bank commission: 5 Chf
I have to register on the same incoming payment the customer payment and the bank commisions.
Thank You lot

Hello Ercol,
The way in which I would do this is as follows:
receive 995 Chf in the incoming payment against you BP, after all this is what will appear on your bank statement. This will leave 5 Chf outstanding on the BP Account. Create a journal using your bank commission account and BP account to clear that remaining 5 Chf and reconcile.
Hope this helps...
Kind Regards,
Ben

How to handle local bank charges while our customer payment in USD

Hi All Expert,
How we handle customer payment with local bank charges rm5 at incoming payment?
Examples :
Customer invoice in USD 1000, while payment USD1000 by bank transfer with local bank will charges rm5 for each transaction.
May i know how does the B1 handle this bank charges in local currency?

Hello Eric,
I presume that the bank charge will not be paid by the customer. In this case, the actual Invoice of USD 1000 is considered fully paid.
I think the only way to proceed is to create a manual journal entry to Debit the Bank Charges and Credit the Bank Account. Or you can take it up when you post other bank reconciliation items at month end.
Hope this helps.
Regards,
Lorna

Bank Charges In Manual Outgoing Payment

Hi Gurus,
Can anybody tell me how to calculate Bank Charges for Manual Outgoing Payment For Vendor.
My client requirement is ,,, At the time of Manual Outgoing Payment , Bank Charges are automatically calculated on net Payment amount.
Pl z Tell me the process clearly in a step by step manner.
Regards,
Atul

Hi Chin,
Check the thread
Bank Charges - Outgoing Payment
Re: Payment to Vendor against AP Invoice & Bank charges
Bank Charges
*Close the thread if issue solved.
Regards
Jambulingam.P
Edited by: Jambulingam P on Jul 7, 2009 12:06 PM

My order have a status: "Payment action required: We are unable to obtain an authorization for the credit card you provided. Please contact your card issuing bank. Please update your payment method to continue with this order". But i paid from AmEx.

My order have a status: "Payment action required: We are unable to obtain an authorization for the credit card you provided. Please contact your card issuing bank. Please update your payment method to continue with this order". But i paid from AmEx. And my money blocked when i see it in internet banking.

Have yuo contacted AmEx? From what you describe it seems like AmEx is blocking the charge.
You can contact iTunes if you want by:
Contact iTunes

Payment methods for Wire transfers

Hello,
I want to decide which payment method to configure for wire transfer out of the standard SAP methods:
D     Bank transfer (ACH CCD)
P     Bank transfer (ACH PPD)
T     Bank transfer (ACH CTX)
What is the difference between each of these transfer types, if someone can pls suggest will appreciate that.

Win:
CCD:
Cash Concentration or Disbursement
Cash Concentration or Disbursement can be either an ACH credit or debit where funds are transferred between corporate entities.
The format can support a limited amount of payment related data with the funds transfer while also being capable of a stand-alone funds transfer.
PPD:
Prearranged Payment and Deposit Entry
Direct Deposit - Direct Deposit is a credit program that transfers funds into a consumer's account at the Receiving Depository Financial Institution. The amount deposited can be from a variety of products, such as payroll, interest, pension, dividends, etc.
Pre-Authorized Bill Payment - Preauthorized payment is a debit program enabling companies with billing operations to collect funds from consumers thorough the electronic transfer of bill payment entries.
The consumer grants the originating company authorization to collect periodic charges to his or her account as bills come due. This concept has been successful in both recurring bills of regular amounts (mortgage payments) and variable amounts (utility bills).
CTX:
The Corporate Trade Exchange format supports transferring of funds, either credits or debits, within a trading partner relationship utilizing a full ANSI ASC X12 message or when payment related UN/EDIFACT information is sent with the funds transfer.
Multiple addenda records contain the ANSI or UN/EDIFACT information.
More info on
http://www.treasurysoftware.com/ach_file_format.html
http://en.wikipedia.org/wiki/Automated_Clearing_House
Assign points if info helps
Vj

FI AP: Payment Method W for wire transfers

Hello SAP Friends-
Under t-code FBZP Payment Method in Co.codes, I noticed that we are using the same SAPSCRIPT under payment medium we use for checks. The problem is that the wires are printing off with signatures on them and the users were wondering if that could be removed? I was think do we need a SAPSCRIPT for wires and ACH and if so, should we be using a different SAPSCRIPT than for checks?
What does everyone else do?
Thank you!

Thank you GKA-
But if it is the same SAPSCRIPT for checks, I cannot have the signatures removed right? Then that would mean the signatures will not print on the checks which would be BAD! ;o)
The 2nd option is a possibility but what does your current client do? What is your experience?

Bank integration, wire transfers, AP payments

Similar Messages

Maybe you are looking for