Bank charges-CM

Hi,
Just want to know the process of & pre requisites of transfering Bank charges from Cash Management to General Ledger in Oracle 11i
Thanks
Arun

Well, I am sure you are hoping for a short answer, but the problem is that you need to provide more information about your system. For example, how have you set the Account for Payment option inthe Payables Options? Are you set for "When Payment is Issued" or "When Payment Clears"? Or maybe set for both of them? Another thing is to look at your Oracle Payable Bank Accounts window and see if you have any value entered for Bank Charges account. But just tough to tell you exactly what to do when I cannot see your data and your configuration setup. On something like this you often are better off contracting with Oracle for consulting assistance, unless you are willing to be patient in trying to get good answers to your questions.
John Dickey

Similar Messages

  • Bank charges on Vendor invoices to be borne by Vendor during F110- How ?

    Hi FICO Gurus,
    I have a scenario as below.
    While doing F110, for some vendors my client wants the bank charges(Wire/TT charges) to be deducted from the invoice amount.
    For instance if I have to pay USD 1000 to ABC vendor, for the relevant wiretransfer/Telegraphic transfer say USD 10 is chaged by the bank. I need the bank to charge the amount from the vendor and pay them only USD 990 and take the USD10 towards their commission rather than charging it to my account.
    Is there an indicator in the Vendor master or FBZP config  with which I can achieve the above explained requirement ?
    Thanks in advance for your time.
    Dasaradh.R.Boreddy

    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

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

    Hi,
    While configuring OBXK ( Automatic GL account for bank charges)  , I see there is provision to enter only one GL account per chart of accounts.
    We have two company codes using same chart of accounts but different bank charges GL account. Please tell me how to configure this.
    Thanks,
    suresh

    Hi,
    Thanks Krishnan and Chandra.
    I agree with you it could be the same GL account for bank charges, but the business requirement is such that in one of the two company codes, bank charges are required to be tracked separately to be subsequently transferred to the other company code. This means two separate GL accounts are required for two company codes which needs to be configured in OBXK.
    Hope this clarifies my query further.
    thanks,
    suresh

  • Vendor payment with bank charges

    hai,
    I want to make a payment to Vendor with bank charges. Like for ex. Vendor Bill amount is Rs.1000.00, i want to issue a cheque for Rs.980.00 and Bank charges Rs.20.00 so total amount Rs.1000.00 to be adjusted against bill. How do achieve this?
    govind.

    Hi,
    I think u r talking about Bills of exchange.
    Cehck the link - http://help.sap.com/printdocu/core/Print46c/en/data/pdf/FIBP/FI-AP-AP-BE.pdf
    Regards,
    Sridevi
    <i><b>Pls. assign points</b></i>

  • 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)

  • 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

  • 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 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,

  • Bank charges showing open item

    Hi Experts,
    I created bank charges g/l account without switched on the open item management because of bank charges are the P/L account. while i uploaded the balances in FF67 for reconsilation and when i go to FBL3N for g/l account line items despaly. those items are showing as open items not the cleared items. why its happends am not understanding please give the solution
    with regards,
    Venkat

    Hi,
    If you have not ticked open item management in GL master, then it cannot appear as Open items..
    In your Bank Reconciliation, can you let us know how you have mapped Bank Charges..
    You can either directly post to the main Bank Account when bank Charges appear in Bank Statement and in that case you do not need Bank Charges GL as Open Item managed.
    The entry would be :
    Bank Charges A/C...Dr.
    To Main Bank GL.
    Secondly, if you have posted it in your Books before a Bank Reconciliation, then the entry would be:
    Bank Charges A/C...Dr.
    To outgoing bank Account
    And the Outgoing Bank Account is Open item managed and would get cleared just like any other entry.
    Do let know the scenario and the problem you are facing clearly..
    Regards,
    SAPFICO

  • Posting of Bank Charges not Possible

    Hi Sap Gurus,
    I have a question/problem regarding the bank statement upload process (TC: FF_5)
    Maybe someone has a solution for this, orhas  the same problem.
    First we've run the payment run to clear/pay our vendors
    a) Invoice Posting (40 Expense (Debit) - 31 Vendor Amount (Credit) 100 Dollar
    b) Payment Run (25 Vendor (Debit)  - 50 Bank Clearing Account (Credit) 100 USD
    All good so far and the vendor is cleared.
    Now we receiced the bank statement, the bank charged an additional 2.50USD  Bank Fees for each vendor transaction,
    that means that  the credit amount in the bank statement is now 102.50 insteadt of 100. The amount of the fees is listed in the reference field of the bank statement.
    Now we would like post the transaction as follows:
    50 Bank 102.50
    40 Clearing Account 100
    40 Bank Fees 2.50
    So first I used the Enhancement/User Exit (FEB00001 - EXIT_RFEBBU10_001) to read and to splitt the reference text.
    I transfered the amount of 2.50 into the field   FEBEP-SPESF (Bank Fees) but  after this the result is still  the same.
    The amount in the field bank fees is ignored by sap (ff_5)
    The posting is still
    50 Bank (Credit) 102.50
    40 Bank Clearing (Debit 102.50
    the posting for the fee amount must be done manually also if I used the sap provide field FEBEP-SPESF .
    Does anyone know if this process is possible and why sap provides the field SPESF when  the amount is not recognized?
    Many thanks.
    Cheers,
    Seb

    Dear Sebastian,
    Please check following config for assigning G/L Account to Bank Charges
    1). You need to assign Acounts under Account Symbol - Bank Charges. Here you can define your G/L Account
    2). Define Posting Rules with Account Symbol - Bank Charges
    3) Assign External Transaction for bank charges to the Posting Rules
    Please see if it helps.
    Regards,
    Sanjay

  • Bank charges is not calculating at the time of payment to vendor by APP

    hi experts,
    In APP the paying company is paying to the vendor.Now they want to issue a DD (Demand Draft) to the vendor where a bank charges is involved.
    I have already customized the CHRGES/EXPENSES in Bank Determination Tab (transaction Code FBZP) to the corresponding Bank Subledger(outgoing) and also the Charge Indicator to the corressponding House Bank.
    the transaction key BSP is already assigned with the ledger(Bank Charges)
    I have already checked the Field status variant, it is ok
    But , that system is not calculating the bank charges as it is configured in the system at the time of payment through APP when a full MM invoice verification cycle is running
    Can anybody help me out?
    With regards,
    Sudipto Paul

    You have to select update profile, which works with payment budget. Secondly, you have to define the settings for payment transfer in OF29 transaction. You should consult the following notes, in order to secure smooth payment transfer procedure:
    For online update:
    Note 1695556 - Main features of Customizing for onilne payment update
    Note 882379 - FMPU_R: Recommendations for the online payment update
    In general:
    Note 400924 - Recommendations and rules for the payment transfer in FM
    Note 1466979 - FM Financial transactions to be used in FI line items

  • 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.
    Bank charges are say $5, which is born internally and not by Supplier. So the JV should be as under:
    Cash Clearing A/c Dr. $1000
    Bank Charges A/c Dr. $5
    Cash Account Cr. $1000
    Liability A/c Cr. $5.
    But this is not happening in the Cash Management Module. At the time of payment we are not sure what will be the bank charges, this is known only at the time of clearance. As supplier is paid less, his account should get increase to the extent of bank charges, our liability is not disbursed. Bank charges is our expense so the same should be debited as expense. As the total amount reduced from bank is full $1000, same should be removed from Cash Clearing account.

    What is happening after the payment reconcilation or clearing happens in Cash Management? Are you seeing the debit to the Cash Clearing Account and credit to the Cash Account okay? The other entry should be -
    Debit Bank Charges Account.
    Credit Cash Account.
    The bank charges are NOT going to be a liability. They have been taken out of the account balance already. So you want to credit cash.
    Maybe you are just looking in the wrong accounts to find the bank charges?
    It is possible that you may have run across an Oracle programming error? This is something that you may wish to log a service request with Oracle support about. You can at least send them extracts of your data to look at. Which can make a big difference in troubleshooting. We in this forum are blind when it comes to your data, so we have to make guesses on what might be happening.
    Just to double check, what value is set for the "Account For Payment" option in the Payment Accounting Payables Options? You should be using both options (when payment issued and when payment clears).
    John Dickey

  • 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

  • F-53 Bank charges

    Hi
    Guys
    while useing f-53 for making payment we entered the bank charges in the screen.. becuase of bank charges  i am not able to make the payment . It shows the message it is too large for clearing .
    I also assigned Bank charges GL on OBXL..
    Pl help me out for making payment along with bank charges
    Regards
    K.Gururajan

    Hi
    I also assigned bank charges in OBXK
    but still i am not able to proces the payment with bank charges in F-53..
    Any tolerance to be set?
    Regards
    K.Gururajan

  • Bank charges on LC to be inventorize

    Hi SAP GURUS,
    I want to inventorise the Letter of credit charges. The scenario is material is imported. This is done on bank LC. Bank issues LC on submitting PO. For this bank charges % which is as per the value of material, freight paid for inporting, insurance.
    I want to add this cost in material. How can I map this.
    CHEERS

    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

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