Bank charge can be available on Payment wizard??

Dear Experts,
Is there any function to input bank charge on Payment Wizard (outgoing) ??
I know that we can input bank charge on Incoming payment document, but I believe that we can not input bank charge on Outgoing payment. So I asume that Payment wizard also doesn't have such a function. Please give me an advice...
Scenario is as follows;
Dr. BP Account Payable, 100
Dr. Bank Charges 5
Cr. Cash 105
Thanks and regards,
Kaori

Hi Kaori,
so far it's not available in the payment wizard, but you can try it the other way around using Bank Statement processing. Please see SAP Note 1324641.
All the best,
Kerstin

Similar Messages

Outgoing Payment with Bank Charges

Most of the client wants to do payment (in/out) to have more than one charges in the same transaction.
In SAP B1 2005B can have one bank charges a/c setting from incoming, but how is the process on outgoing. there's no bank charge can be selected.
If doing payment on a/c and do bank reconciliation, it takes serveral steps to complete operation and not in the related journal entry.
Any suggestion?

Hi,
Maybe you could try to do what I solve that problem in 2005A version.
I select credit card (from payment means) --> credit card name --> bank charges (click define new (to create bank charges) from vouchers grid/form in the payment means --> credit card --> vouchers) --> select G/L account but you must define bank charges account in liabilities or in other drawer but all depends on your accounting. Consults your accounting staff for best option. This also could be done along with other payment means, for example cash, bank transfer or check.
Rgds,

Vendor Bank charges

Hello to all of you,
Is it possible to put in the vendor masterdata that we pay all the bank charges when we do a payment to this vendor?
For example by the instruction key. Because I have seen that for several countries this is possible.
We have a vendor in Italy, but we have to pay all the bank charges.

Hi,
I assume we are talking about a DME-file sent to the bank. When using formats derived from MT101, you can specify in a tag who will bear the charges.
Example: W1SE Corporate e-Banking CASH MANAGEMENT SWIFT,
Tag:
:71A: M Details of Charges
This field specifies which party will bear the applicable charges for the subsequent transfer of funds.
Usage rules:
One of the following codes must be used:
BEN: All transaction charges, including the charges of the financial institution servicing the ordering customeru2019s
account, for the subsequent credit transfer are to be borne by the beneficiary customer.
OUR: All transaction charges for the subsequent credit transfer are to be borne by the ordering customer.
SHA: All transaction charges other than the charges of the financial institution servicing the ordering customer
account are borne by the beneficiary customer.
There will be similar rules in place regarding the DME exchange you do with your bank.
Hope this helps,
Kind regards,
Rudolf

Bank charges for DD

Dear All,
My client would like to send DD (Demand draft) to vendor and bank charges are bing made by my client. So, to be able to achieve in SAP Configuration where i have to configure (In FBZP) or where else.
they are using APP (F110) how the bank chareges are picked up from APP.
Poings will be assigned.
With best regards
Venkat.

Hi,
setup for debiting bank charges while carrying out F110 payment runs, Instead, I'd used the fields in the House Bank (txn FI12 under Data medium exchange section for Charges account).
Here you specify the Bank no. and the account no. at that bank, which will tell your Bank from which account to debit the charges. What is noteworthy here is that F110 was not used to debit charges, rather instructions were sent to the Bank (via DME) to debit charges (based upon pre-defined and agreed upon rates & categories, etc.).
To complete the setup, there's another field we were using - Control Key in the same section just below the Charges Bank no. and account no. This field has specific usage in some countries (check F1 help on this field), and for all other countries, you can use the field for any account-specific information. We used this to send an indicator to our Bank specifying on what terms to debit charges - like, sending party pays charges, receiving party pays charges, or charges are borne equally by both sending and receiving party.
Sending party - Payer of Funds
Receiving party - Beneficiary of Funds
For your original approach, I hope you've done the settings in txn OBXK - Maintain FI config. - automatic postings for bank charges. The system posts the charges amount you specify for a bank item when settling payment to these accounts. The bank charges accounts must be defined as relevant to cash flow.
Regards,
Viswa

Extra expenses (dunning and bank costs ...) on Payments

Hello,
I ask you how to manage the extra expenses (for examples for dunning and banks costs) on incoming payments and outgoing payments.
I tried to increase the amount of payment but it is not possible.
It is possible only to make a manual journal entry before or after the payment but it is not too good.
Thank you

Hi,
Check Note no. : 1286810 regarding the issue mentioned by you.
I have copied the solution part of the Note for your reference which is as follows :
When processing bank transfer payments from customers or suppliers, there is a requirement to record the related bank charge. Is there a way to post this bank charge fee with the Incoming or Outgoing Payment transaction?
Solution
In the 'Payment Means' window of the 'Incoming or Outgoing Payment' function, there is currently no facility to define the bank charge.
In standard Business One application, the bank charge can be posted using the following:
Create a separate Journal Entry.
Create an Adjusting Journal Entry during the process of reconciling bank statements with the Cash Account balance.
To address the requirement, the 'Credit Card' tab of the 'Payment Means' window can be used to hold the Bank Charges. The details of the workaround are shown below:
1. In the 'Credit Card' tab, click on the 'Credit Card Name' field and select 'Define New' to display the 'Credit Cards - Setup' window.
2. Enter a description for the bank charge and the corresponding bank charge account. For example, enter 'Bank Charges'. Then, click on 'Update'. Close the window.
3. Access the 'Incoming Payment' function to post an incoming payment.
4. Select an A/R Invoice for payment. Consider this scenario:
A/R Invoice Balance - GBP 100
Customer Payment - GBP 100 (through Bank Transfer)
Bank Fees - GBP 5 (to be paid by the Company)
Net Amount of Cash in the Bank - GBP 95
5. Access the 'Payment Means' window. In the 'Credit Card' tab, call up the Bank Charges. Notice that the G/L Account automatically appears on the 'G/L Account' field.
6. Enter the values in the 'Credit Card No.', 'Valid Until', 'Payment Method' and 'Voucher No.' fields. Set the 'No. of Payments' to '1'.
7. In the 'Amounts Due' field, enter the amount of the bank charge. In this case, it is GBP 5.
8. Access the 'Bank Transfer' tab to complete the remaining payment details. In the 'Total' field, click on 'Copy Balance Due'. This will automatically bring the GBP 95 to the field. The GBP 95 is the net cash amount that is received in the bank. Once done, click on 'OK'.
9. Add the incoming payment transaction. The journal entry will be as follows:
Dr. Cash, GBP 95
Dr. Bank Charges, GBP 5
Cr. BP Accounts Receivable, GBP 100
Hope it helps.
Kind Regards,
Jitin
SAP Business One Forum Team

Minimum Bank Charges.

Hi All
We require bank charges to be maintained for HDFC bank, XXXXX location as Rs.XXXX for bills of exchange
Based on House bank ID, we have to fetch Minimum fixed amount when ever we post a document ( display as Bank charges)
Can any one have an idea how & where i have to do the changes.
Reagrds
Edited by: SAP 4 ME on Jul 18, 2009 9:42 AM

For Bank Charges to work, we have to use payment method attached to Receipt Class with "No Remittance" Remittance Method and "Directly" Clearance Method. I created a new payment method, using that in receipts form enabled the bank charges.

Payment Wizard- If there is a check jam and the run was executed.

If there was a check jam and the check run was executed, can they run the payment wizard
using the saved executed run? What do they do?

You flag the check(s) as damaged and then you can re-print them and remember to verify the new Chk starting number.

Bank Charges through Lockbox or Receipt API?

How the bank charges on a receipt are entered though Lockbox or Receipt API? If not, Is there a workaround other than Manual Receipt?

Bank Charges can be passed through API by setting p_factor_discount_amount.
But how can it be handled through Lockbox.
Following excerpt from user Guide
Bank Charges
The profile option AR: Create Bank Charges determines whether
Receivables will consider bank charges and tolerance limits when
applying receipts. When this profile option is set to Yes, both the Bank
Charges and Tolerance Limit fields appear in the QuickCash window.
However, whether you can enter values in these fields depends on the
receipt’s Application Type and creation status.
If you are applying a QuickCash receipt using an Application type
other than ’AutoCash Rule’ and the receipt creation status of the
Receipt Class is ’Cleared,’ Receivables lets you enter an amount in the
Bank Charges field. (A receipt is created as Cleared if the Clearance
Method of the receipt class is set to ’Directly.’)
The default amount of the Standard Charge field is the value you
entered in the Bank Charges window. This value is for informational
purposes; it is used only when applying receipts based on AutoCash
rules. See: Bank Charges: page 2 – 89.
When applying QuickCash receipts using an Application Type of
’AutoCash Rule,’ Receivables disables the Bank Charges field. For
more information about how Receivables uses the Bank Charges and
Tolerance Limit values to match receipts with invoices, see: AutoCash:
page 7 – 173.
It says through Quickcash wndow if the application type is other then "Autocash rule", then Bank charges can be entered. But where is Quickcash window, does it mean the Batch Summary > Post Quickcash. I couldnt find where it can be entered other than in Receipts window.

Payment engine, bank charge and outgoing payment

Hi expert !
My customer wants to generate foreign outgoing payment, with Payment Wizard.
We're french, so I created payment mode, and I choosed File format : SAPBPFROPBT_AFB_FO
In case of outgoing payment file protocol, we must specify who paid Bank charge :
13 : supplier
14 : half us, half supplier
15 : us
By default, Payement engine's generate file with bank charge = 14. And, of course, my custommer wants bank charge = 13.
I wrote bank charge = 13 on BP Master Data, and I can See bank charge = 13 in OPEX table (I try all fields - InstruckKey - pymKeyCode - PeyRefDTLS - and of course PYLBCACode).
But Payment engine still generate a file with bank charge = 14.
In payment engine Help, customizing bank charge is explained for all regional options, but not for france.
Please, do you know how can I have a file with bank charge = 13 ?
Thanks,
Pierre-yves

Hi,
Bank charges and Overdraft fees will not be an open item account.
But your bank clearing account will be an open item account.
Error may be due to the incorrect posting rule defined.
Regards
SM

Payment wizard -No matching records found 'Bank Codes' (ODSC) (ODBC -2028)

Hello dear experts,
I'm trying to execute the payment wizard to receive a payment from a vendor
The invoice appears in the recommendation report but the payment isn't added when i execute the payment run.
It appears after that in the Non-Included transactions with the following error message :
No matching records found 'Bank Codes' (ODSC) (ODBC -2028)
Can you solve this problem?
Thank you

Hi,
Could you find the followings regarding bank information and check if all the settings are correctly defined
1. Define payment run defaults > Payment method
   Check payment method details from Administration > Setup > Banking
   > Define payment methods
   Payment method which is linked to BP > payment means - Bank transfer
2. ODSC table, Bank Code (just to check bank codes are stored well)
3. BP master data > Payment terms > BP Bank accounts
4. BP master data > Payment system > House bank.
Also Check Note no [971105|https://websmp230.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=0000971105].
Regards
VIkas
SAP Business One Forums Team

Bank Charges on outgoing payment

Currently using SAP 8.8 PL 14
Question: On outgoing payments through Bank or RTGS there is some charges deduct by bank on these services. presently these charges are not showing in bank books.
we are punching service entries extra for bank charges.
is there any solution to charge the same within single entry.
Regards
Humraaj

Hi Humraaj,
please have a look at the article below for a workaround:
[Business One in Action - How can we post bank fees and charges while posting Incoming or Outgoing Payment transactions?|http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/b08e828f-f2d0-2c10-41b1-dbb0b9943ee8]
All the best,
Kerstin

Bank Charge for Outgoing payment. Any workaround

Hi,
Has anyone develop solution for the Bank Charges in Outgoing payment ?
Under Incoming Payment, there is a bank charge field which is will post together with the amount received from customer.
We would like to have the same function in Outgoing Payment and automatically post in Journals. How can SDK help ?

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 Charges - Outgoing Payment

Hi All,
Customer want to post an entry in outgoing payment, which is not a cheque but he wants to take Demand Draft. Hence he has to add bank charges in the outgoing payment along with normal outstanding amount.
Vendor outstanding is Rs. 10,000
Bank Charges is        Rs.      250
total cheque to be issued is for Rs.10250/- by debiting Rs.250/- to bank charges GL account.
Can any one extend help on this.
Regards
N.Narayana Swamy

HI
Kindly follow the following procedure for the Demand draft.
Create a demand draft account in current asset.
Pass outgoing payment entry to demand draft account, it should be
Demand draft A/c. Dr 10000
Bank charges A/c. Dr     250
To, Bank a/c.         Cr. 10250
while priniting of this cheque through checks for payment in pay to field you can write "Yourself Account" which is requre by bank on cheques while applying for Demand draft or pay order.
then pass one more outgoing payment entry to vendor
and in that entry in payment means instead of bank account select demand draft account.
This is the best accounting practice.
Regards
Kamlesh Vagal

Outgoing payment with Payment Wizard with Bank Transfer

Hello to everyone !!!
I'm Configuring a Company who want to use the 'Payment Wizard' to make Outgoing Bank Transfers payments with it.
I did the configuration in 'Payment Methods' of Outgoing Bank Transfers, where I chose a File Format from the list (Even I don't know which one should I choose) and I also chose de 'House bank', bank and account where the Outgoing Bank Transfers will come.
At the time when I did the payment wizard it suggest me to make an outgoing payment of my due A/P invoice very well. The problem is in the next step (STEP 7) when i run the execution and in STEP 8 it says:
0 Payments were added
0 Bank transfers were added
So, It did not make any bank transfer Transaction!!!! =S
Someone knows what i'm missing from the configuration???
Someone knows if this is a bug??
Thanks for your Help!!!!

Hi Karina,
please see the info from SAP Note 725786. The note is currently being updated with the new information relating to system behaviour in version 2007 & should be released again shortly:
In order for the payment wizard and subsequently the payment engine to
work properly, SAP Business One must be defined correctly as follows:
1. Define the House Bank:
a) Administration -> Setup -> Banking -> House Bank Accounts - Setup.
b) Choose the Bank Code, Country and Account Number.
c) If the business partner bank is a postoffice bank, tick the Post Office box.
d) Update the window.
e) Enter into the House Bank Account Setup winod again and enter the Branch and the account number of the corresponding G/L Account.
f) Update the window.
2. Define Business Partner bank:
a) Administration -> Setup -> Banking -> Banks.
b) Choose the Country Code, Bank Code and Bank Name, if necessary Swift number.
c) If the business partner bank is a postoffice bank, tick the Post Office box.
d) Update the window.
3. Define Payment Methods:
a) Administration -> Setup -> Banking -> Payment Methods.
b) Enter the Payment Method Code, Description and the Transaction Type.
c) Select the Payment Type and the Payment Means.
d) In "File Format" choose the correct plug-in for the transaction (refer to the Payment Engine Online Help for the correct plug-in for the transaction you have defined).
e) Select your House Bank for this particular payment method.
f) Select the validation options and remember to tick Post Office Bank, if the bank is a Post Office Bank.
g) If the outgoing payment is by cheque, restrictions can also be defined here.
h) Add or update the window.
4. Set up a Business Partner for the payment wizard:
a) Business Partner -> Business Partner Master Data.
b) Under the "Payment Terms" tab, enter the bank country.
c) Enter the account number and the branch, update to return to Business Partner Master Data.
d) Under the Tab "Payment system" tab, tick the desired Payment Method to include it in a payment run.
e) Under the Tab "Payment system", select the house bank that was defined for the desired payment method used for transactions with this business partner.
f) Update the window.
5. Generate invoices for this business partner.
6. Define the standards for the payment run:
a) Banking -> Payment System -> Define Payment Run Defaults (In 2007 A version the path is: Administration -> Setup -> Banking -> Payment Run Defaults).
b) Define tolerance days, cash discounts etc as needed.
c) Define minimum and maximum payments if necessary.
d) Tick the box beside "Payment Methods".
e) Click on the radiobutton beside "Payment Methods" and select the payment method(s) to be executed in this payment run by putting a tick in the tick box.
f) Update the window.
7. Open the Payment Wizard (Banking -> Payment System -> Payment Wizard).
a) Select a new payment run - Step 1.
b) Click on "Next" and define the Payment Run Name and the Posting Date, the payment type and the payment means - Step 2.
c) Click on "Next" and select the business partners to be included in this payment run, make sure that the tick box for the relevant Business Partner Name is ticked - Step 3.
d) Click on "Next" and define the document parameters - Step 4.
e) Click on "Next" and select the payment method this payment run is applied to by ticking the box to the left of the payment method code - Step 5.
f) Click on "Next" and tick the payment number for the business partner to be included, individual invoices can be selected by clicking on the "Expand All" button and either selected or deselected. This also applies to Credit Memos (and to manual Journal ENtries in 2007 A). Click on "Non-included Trans." to identify any troublesome transactions - Step 6.
g) Select to either "Save the selection criteria", or "Mark as recommended" to process at a later point in time or select to "Execute" immediately - Step 7.
h) In Step 8, you are given the Payments Run Summary.
i) If you selected to execute the payment run, in Step 9 the Document and Report Printing options will be displayed. To generate the bankfile and any associated documents relevant to your localisation, click on the radiobutton "Bankfile".
j) A "Browse for Folder" window will pop up where the destination directory of the output files must be selected. Once a folder was selected and "OK" was clicked, the payment engine will take the data out of Business One and create the defined files.
k) Once the procedure has completed, an information system message will be displayed: Payment Engine run was successful"
8. Go to the destination folder and check the logfile and the bank file(s).
All the best,
kerstin

DRQ: Allow choosing correct Business Partner bank account in Payment Wizard

Hello,
This is a DRQ about the Payment process.
It concerns the "Payment Wizard" functionality (Menu "Banking --> Payment Wizard") and the "manual outgoing payments" creation (Menu "Banking --> Outgoing Payment --> Outgoing payment").
Version : 2007A SP00 PL38
Description of requirements :
In the current version of SBO ( 2007 SP00 PL38 ) when we create an outgoing payment with bank transfer as Payment method (manually or with the Payment Wizard), it is not possible to specify the Supplier "bank account" to use. The default bank account defined in the Supplier Master Data is automatically chosen by SAP B1.
We can create several bank accounts in the Supplier Master Data, but it is not possible to use the non-default ones in the outgoing payments creation.
Business needs:
Some of our SAP B1 customers get suppliers with several bank accounts. They use the "Payment Engine" to generate "bank file" for bank transfer and forward the bank files to their banks and require to choose the correct bank accounts to use to pay each documents.
The aim of the Payment Wizard is to help the SAP B1 customers to create regularly and automatically some outgoing payments.
And when the Payment Wizard is run with several documents to pay on different supplier bank accounts for (for example AP Invoices to pay on different bank accounts for the same supplier), it does not work correctly because the bank account which is used in the "bank file" created at Step 9 of the "Payment Wizard" (by clicking the "Bank File" button added by the Payment Engine) is the default one.
Current Workaround:
To generate correct bank files, the SAP B1 user has to run several times the "Payment Wizard", modifying each times the default bank account of the supplier. The result is the creation of several "bank files"...
and an important loss of time !
Proposed solution:
In the Payment Wizard, in Step 6/9, add a column which allow the user choosing the bank account (for example in a "choose from list" which display the existing bank accounts of the corresponding supplier) for each document to pay.
The supplier default account is proposed by default but can be changed for each line.
This column should be deactivated for other payment method than "Bank Transfer".
This functionality should be interesting for manual outgoing payment because it should allow choosing the supplier bank account to pay on and recording this bank account information in the manual outgoing payment. In that way it will be possible to print the bak account information on the printed forms (PLD) we can print and send by fax to the bank.
Kind Regards.
Grégory

Hi Grégory
I have encountered the same problem: The payment wizard always suggests the supplier's standard bank account, irrespective of the information entered on the logistics tab in the pay to field of the AP Invoice. Unlike the solution you proposed (choose from list), I would prefer the payment wizard to automatically select the bank entered in the pay to field of the AP Invoice.
Best regards
Christiane

Bank charge can be available on Payment wizard??

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