Bank Charges Account determination

Guys,
We have a GL account in our COA called Bank Charges (expense account, P&L). I need to know, if there should be 2 bank charges accounts 1 each for incoming payment and outgoing payment. So I will have to do account determination in OBXK twice, once for customer and another for vendor? Or one account can serve for both vendor and customer payments?
Thanks,
Ashwini

Hi,
You can have just one. Its basically bank charges finally.
To bifurgate you can understand based on the posting key or document type or you can use text for that matter.
I dont see any value addition for maintaining a separate GL to meet your requirement.
Thats a standard one and I am using one GL for Bank Charges for both customers and vendors.
Caio
Raghu

Similar Messages

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    Account IDs: Account No1:  SBI01    GL account 222010
                       Account No2:  SBI02    GL account 222011
                       Account No3:  SBI03    GL account 222012
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    Ganesh Lokam.

    Hi Jayaram,
    Thank you for quick reply.
    Yes, Currencies are same, all are in INR.
    You mean to say for same cheque payment I have to create different payment methods as per bank IDs?
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  • Account for bank charges for Receipts in AR

    Hi All,
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    Hi,
    Yes the accounting entry is correct. The Bank charges although an expense account has credit balance. But when the bank statement comes
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  • Outgoing Payment with Bank Charges

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  • Bank Charges in Cash Management not born by supplier.

    Dear Forum Memebers,
    When We make payment to Supplier from AP, following Journal is passed.
    Liability account Dr. $1000
    Cassh Clearing A/c Cr. $1000.
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    Liability A/c Cr. $5.
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    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.).
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  • F110 bank charges where to maintain??

    Dear Expert,
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    Thanks
    Max

    Hi Zubin,
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    Dear other experts,
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  • Bank charges-CM

    Hi,
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  • BRS_BANK CHARGES ACCOUNT NOT GETTING POSTED

    Hi All,
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  • Different Bank charges GL account for two company codes with same COA

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    suresh

    Hi,
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  • House bank account determination error in interest rate instrument posting

    Dear Gurus,
    In IRI client pay each interest flow (1200 condition) from a different bank.This is because client do a payment as per the availability of the funds in his house banks. So every month I create a new payment detail with the payment date of the interest as the validity date with a different house bank and post each flow in TBB1 on the due date. This is working fine for the last but one payment. As usual I give a different house bank and date for the last interest payment which is due on the same day as final payment(1120 condition). When I try to post this flow I am getting error message only for flow type 1120 that "Account Determination: House Bank or House Bank account is not entered". Both the flows are due on same day but both have different flow types and bank. Is this a limitation or I need to do something?
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    Regards
    Komal

    Komal,
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  • Issue with GL account determination of House Bank

    Hello everybody,
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    Lakshmi Narayana.S

    Thank you very much Dominik.
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  • 8KEN - Account determination for charging of valuation difference

    Hi Friends,
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    Sandip

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    Regards,
    Shridhar

  • How to maintain default cost center at House Bank Account level for Bank charges

    Hello All - We have 4 Bank accounts and all of them are assigned to the same transaction type.
    As of now, we have OKB9 set up maintained for Bank charges at Co Cd level and it is posted to the same GL A/c.
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    Can you pls let me know if any possibility.
    Thanks

    Interesting requirement. This can be achieved through Search String as suggested by Mr. Shanid.
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    Sorry I am not getting option to attach screenshot in SCN now. Dont know why.
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    Hi Mr. Shanid,
    Correct me if I am wrong.
    Regards,
    Mohammed

  • Dual "Define Account Determination" under SAP Banking ??

    Hi, all
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