Bank account n sub account

what is the difference between the sub account and the bank account?

Hi,
Bank Account is Main GL Account and tied to your Physical bank account(Cash account) in house bank configuration.
Sub account is clearing account.like check clearing account.every payment method has one clearing account.
Thanks,
Rau

Similar Messages

Revaluation of Foreign Bank GL Accounts (Main & Sub Accounts)

Dear All,
Please clarify the Below.
If Company code currency is INR and Bank Account is maitained in USD for 100101(main bank Acct) , 2 sub Accounts 100102-Incoming Bank Acct and 100103-Out going Bank Acct.( These sub accounts are maintained on open item basis and Main GL account will be on Line item Basis).
when ever the Incoming and Out going payments are done these Subaccounts are getting posted.How does the revaluation work at period end for these 3 accounts.
what kind of configuration needs to be done for these accounts in OBA1 settings.
Generally the bank account balance on the closing is revaluated and if we set the subaccounts in the OBA1 settings (which are managed on open item).
Suitable Suggestions and Advices are rewarded with points.
Best Regards
stephen

Hi Stefen
Sub-accounts are Bank clearing accounts. Any clearing account managed on Open item basis are not valuated in FC revaluation, because these accounts are meant for BRS. Hence the main bank account alone are revaluated.
In OBA1, define exchange rate gain/loss for transaction keys relevant for exchange rate like KDD, KDF, etc.
Before that set up valuation methods also for revaluation and define the exchange rate for the relevant foreign currency/local currency.
Hope this is useful
S Jayaram

Diff btw Bank account and Sub account ??

Hi all,
Whats the difference btw Bank account (main) and sub account. Why we should mention BAnk sub account in BOE config. Why not Bank account ??
Suresh

Hello Mr.Suresh
The bank main account is the account where u can find all ur bank transactions at the end of the day and statement of which u can generate as Bank statement at the end of the day.
Bank sub acounts are the GL accounts created in FI-BANK module where we keep all the open transactions which are still not clear.
I will give u One complete scenario
My bank account is ICICI ( main bank acoount)
My sub accounts are -
Cheque issued clearing account ( maintened as open item basis,line item display)
cheque Deposited Clearing account ( maintened as open item basis,line item)
when u receive the cheque from Customer ---
Dr - Cheque Received clearing account
Cr - Customer accountBut Blance is in that account till u deposite in ICICI and ur cheque get cleared.how u will com to know that it is cleared?when u get the confirmation from the bank or the statement u get.
then u will post another transaction to clear the sub-account. entry is ---
Dr - ICICI Main bank account
Cr - Cheque Received clearing accountSo u can now check the balance in FBL3N or in FS10Nnow there is no open itme in the bank sub account.rather it is clear and the balance in the main bank ( ICICI) is increased.
Similarly it happens with the cheque issued clearing account ( from vendor side)
while creating the GL account u need to be very careful in numbering the GL account as it will affect while mapping in confuguring the manual bank statement.
eg-
Main bank account 250000
Cheque deposit clearing account 250001
Cheque issued clearing account 250002
Masking in configuration -
Main bank account +++++0
Cheque deposit clearing account ++++1
Cheque issued clearing account +++++2
same would be for all the house banks
SO all these accounts are created in ur house banks of the company

Bank main n sub account

Hi,
Where do we link bank sub account to bank main acoount?
Here my question is, i am able to see a GL account XXX in House Bank config and YYY in Bank Determination FBZP, here XXX is main GL a/c and YYY is Bank sub GL account and while running APP how do system knows there is link and how the system makes the payment..
Thanks,
V.

Hello,
In FI12 - it is not bank main account, but the account number which you maintained at the bank.
Your bank main and sub accounting being linked through the masking rule in manual / electronic bank statement configuration.
Regards,
Ravi

Switching accounts to sub accounts on Master Account

Not sure if this is the right community but I'll ask any way. I set up a Master Account on the PSN for the PS4. I planned to add my kids accounts as sub accounts when they got the PS4 on Christmas. However due to the PSN being down that day it didn't happen the way I planned and my kids formed accounts of their own which of course are not sub accounts. So I would like to know if I could switch their accounts to sub accounts and how do I do this?
Thanks for your input!

I am in the same situation. Is there a way to merge two accounts? I see that this post had 73 views, but nobody has posted an answer. Maybe we can get some resolve soon. Good Luck.
RM

Itunes account for sub account not allowed?

I'm trying to open a new itunes account for my daughter who has a sub account from our .Me "Family Pack". So far, I have been denied completing the sign up process. The error message is: "We are experiencing technical difficulties. Please try again later". Does this mean sub accounts in a .Me "Family Pack" can not own individual itunes accounts? Does it mean one itunes account must be shared among all "Family Pack" members? If so, this seems very limiting for itunes business and not a good incentive for buying the .Me Family Pack. Can someone tell me if this is true or how Family Pack sub accounts can open their own itunes account. Thanks

If you want them to have access to songs and videos, even free ones, you will need to provide some sort of payment method to set up the account, if not a credit card than a prepaid iTunes card or gift certificate. Apple uses this as verification of the user's country of residence, something the content owners require of them.
If you only want your users to have access to free songs, you can set them up an account using your credit card, then remove the credit card information from the account. Then they will only be able to download free songs and videos, though if they attempt to purchase something that has a cost, it may allow the purchase, create a balance due, and "clog" up the works until the item is paid for in some way.
Regards.

Trying to set up email account for sub account

I have been trying to set up an email account for a sub account through verizon message center all day with no luck. It won't let me past the first screen. Any ideas?

Mechrissy2 wrote:
I have been trying to set up an email account for a sub account through verizon message center all day with no luck. It won't let me past the first screen. Any ideas?
Are you getting some kind of error? This is a peer-to-peer support board, so the more information you give us to work with, the better. (Not personal information like username or password, though.)
If a forum member gives an answer you like, give them the Kudos they deserve. If a member gives you the answer to your question, mark the answer as Accepted Solution so others can see the solution to the problem.
"All knowledge is worth having."

Main accounts and sub accounts

Hi
I have 6 mail accounts all in sole use by me.
Recently the time between switching from 1 account to another has increased significantly. In fact sometimes it don't happen at all and just hangs.
Only happens on bt mail and speed etc for browsing is OK at 7.7mbs
Ive had all these accounts for years but now its getting to a point where I am considering changing supplier if simple tasks like logging in and out of mail accounts is becoming a drudge.
Anyone else having issues?
TIA
Alf
Solved!
Go to Solution.

Why not use an e-mail client, that will automatically read all the accounts, and display them in folders?
Here is an example.
Using Thunderbird e-mail client instead of Yahoo web mail
You just add each of your accounts, one at a time.
There are some useful help pages here, for BT Broadband customers only, on my personal website.
BT Broadband customers - help with broadband, WiFi, networking, e-mail and phones.

Can i have 1 account with sub accounts

i have kids with iPods and an iPad when one gets a face time request all get notified, can this be changed

No but see:
MacMost Now 653: Setting Up Multiple iOS Devices For Messages and FaceTime

Bank sub accounts concept

Hi All,
Where do we define Bank Sub accounts in img and what is the use of it.
I would appreciate if somebody could explain me in detail.
Thanks in advance.

Hi,
Bank Subaccounts are used for Bank Reconciliation through EBS or Manual Bank statement. Hope you can understand with the following explanation.
Configuring the Electronic Bank Statement and Manual Bank Statement
Electronic bank statement It is an electronic document sent by the bank which gives details of the transactions done by the account holder in electronic form. The electronic document can be remitted by the bank in the following formats SWIFT, Multicash BAI etc., (http://www.bai.org/operations/reportingcodes.asp)This statement is used in SAP to do an automatic reconciliation. The statement is uploaded in SAP and it clears the various Bank clearing accounts such as the Chk out, Chk in account to the main bank account.
In our scenario we have following bank GL codes (Sub accounts) for our Bank:-
111410     ICICI Bank Main Account
111411     ICICI Check Issued Out
111412     ICICI Outgoing w/tfr
111415     ICICI Other interim posting
111419     ICICI Check Received
Checks issued out to vendors will be credited to G/L code 111411 - ICICI Check Issued out Which is a clearing account.
Similarly Checks received from customers are debited to GL Code 111419 ICICI Check received which is a clearing account.
When the bank statement is uploaded in SAP the following will happen:-
For Checks issued out based on checks cleared in the bank account the following entry will be passed automatically.
GL Code          Account Description               Debit/Credit
111411          ICICI Check Issued Out          Debit
111410          ICICI Bank Main Account          Credit
For checks received in based on checks cleared in the bank account the following entry will be passed automatically.
GL Code          Account Description               Debit/Credit
111419          ICICI Check Received          Credit
111410          ICICI Bank Main Account           Debit
Thus after uploading the bank statement in the system, the main bank account i.e. GL code 111410 - ICICI Bank Main Account will exactly match with the balance shown in the bank. All the clearing accounts having open line items will be the reconciliation items.
Manual bank statement In case the bank is not able to give an electronic statement then the statement can be manually entered in the manual bank statement and uploaded.
Assign Points if useful
Regards
Raghu Ram

Sub Account Account

Hello All,
Please can someone assist me on sub-account at the point of keying in invoices. i.e i want to specify the House Bank and the sub-account when keying invoice (FB60) so that the system can use the information at point of making payment run.
E.g. My customer has seven house banks, at the point of keying invoices (payment tab page) only my house bank is showing the sub-account are been suppressed. please where can i change it to optional.
Thank You.

Dear,
There can be two reason why Account ID is not shown:
1. Please check whether please option is activated or not:
SPRO>IMG>Activate Business Function>Enterprise Extension>EA-FIn (Financial Extension), pleas check if this option is highlighted in yellow, if yes then please check second step:
2. In Field Status Group Please check whether Own Bank field Under Payment Transaction is not supressed, if suppressed then make it Opt Entry.
Hope this will solve your issue.
Br, Vivek

Cannot see sub-account emails in My Verizon

I recently replaced my hard drive and now Windows Live Mail is no longer available. So I'm trying to use My Verizon to check my emails. The only problem with this is that any emails to my sub-account emails are not appearing in My Verizon. How do I fix this. If I can't see my sub accounts I'll have to migrate to another email service like gmail. Can anyone help????

Your primary account and sub accounts are separate accounts in Verizon. If you want to access your sub account's messages, you'll need to log into that account.
If a forum member gives an answer you like, give them the Kudos they deserve. If a member gives you the answer to your question, mark the answer as Accepted Solution so others can see the solution to the problem.
"All knowledge is worth having."

Transfer sub account to another master account

heatherbelle24 wrote:
I have emailed them. Waiting on a reply but thought it might be quicker here.
It would be quicker ringing them actually. Personally I'm not too sure they can doing anything about it*. Out of a pracitical point of view it should be allowed (thinking here of kids that live in two homes due to seperation of parents). Can't your daughter access it anyway under your account on the PS3?
* I'll give a shout out to a nice guy who works at Sony - he'll know the answer. What say thee ?

Hi, I wonder if anyone can advise if it's possible to transfer which master account a sub account is held under? My 11 year old got a PSN voucher for her birthday and it would not load on to her sub account, saying I had to load it on to a master account. I loaded it on to my master account only to realise that my daughter's sub account is actually linked to my husband's master account rather than mine. I've had a look on the forums and it seems that I can't tranfer the funds to his wallet. So, am I able to link her sub account to my master account without having to set up a completely new ID for her? We have a PS3. Thanks.

Now that we can share Itunes accounts, How can i converst my kids existing accounts to child accounts under my account?

I want to convert my kids existing itunes accounts to sub accounts under the new family feature....is that possible? I have added them to my family but they show up as adult accounts. I would like them to be child accounts.

No method for that but you can keep changing the account from the iPhone and it won't delete the apps from the second account

Bank sub account line item still showing as a open item after down payment

hi
1) i created a dwnpymt req using TCODE:f_37
2) created dwnpymt for dwmpymt req using TCODE:F-29
3) created customer invoice using Tcode:F-22
4) clear dwnpyment req against invioce using TCODe:F-39
now my question is when i create dwn pyment i used bank subaccount(cheq rec) to debit and customer to credit
so after i cleared dwnpymt with invoice. the bank sub account line item still showing as a open item .
why?
i appreaciate your usefull inputs
thanq.

Hi
I hope you will be running manual or electronic bank statement at your company.
The bank sub account that has been posted gets cleared when you run manual or electronic bank statement.
Let me explain you in detail
The entry that got posted during the down payment received from Customer--
Check Receipt A/C Debit
Customer A/C Credit
When you run the manual or electronic bank statement the entry gets posted as
Main Bank A/C Debit
Check Receipt A/C Credit there by clearing the open item from the Check Receipt A/C.
Hope this helps you in understanding how the open item in Check Receipt A/C gets cleared.
Good Luck
Hari

Bank account n sub account

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