Bank Charges reconciliation

Hi All,
I am in need of some explanation regarding Bank charges reconciliation. In general, banks Debit our accounts with some amount towards bank charges which we realize when we get bank statement. Where as we don't have any corresponding transactions in Apps, then do I need to enter transaction manually in AP?
Thanks,

Hi
You can do it form Cash manager itself after creating Recivable activity
Regards
Sunil

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,

  • 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:
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    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

  • Bank Charges in F110

    Hi Everybody,
    We want to post the bank charges,while executing F110 transaction.
    We have tried with 'Expenses/Charges' in FBZP,but of no use,as its only ment for printing purpose.
    We found from this forum that 'Instruction Key' will take care of this requirement,but we are not able to proceed further due to lack in knowledge in creation of 'Instruction Key'( about the field that has to updated while creating the Instruction Key).
    Can any one let me know,how can we go further in respect to "Bank Cahrges" with F110.
    Thanks for you time and patience.
    Regards,

    Hi,
    In case of bank charges to be paid to banker, there is no need to issue a cheque to the bank, since bank will directly debit to your bank account. (Will be taken care by BRS)
    But if any bank charges liable to pay for any outgoing payments, those also will be handled at the time of reconciliation only.
    Please tell me your exact requirement in detail, so that we might help you.
    Thanks,
    Srinu

  • Bank Charge and Bank Overdraft Fees Master data

    HI Expert,
    When i am Running Bank  Manual Reconciliation(FF67), I am not able to run successfully.i am getting error-there is no open item found for Bank Charge and Bank Overdraft fees.
    however i made bank charge and bank overdraft fees as normal G/L. My question is  that ,in real scenario how we maintain these two G/L,as normal or as clearing G/L(Open item Management in FS00).
    Though i have tried in two before running FF67.
    Bank Charge a/c Dr.
    To SBI Check outgoing.
    i have also maintain Posting Rule for bank charge and overdraft  fess.
    Thanks in Advance

    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

  • 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

  • Incoming / Outgoing payments bank charges

    It is common for bank charges to be applied to both incoming and outgoing payments.
    It would be good to be able to deal with these at document level in the incoming and outgoing payments, using an account determination, rather than have to create a journal entry when reconciling the bank or the business partner account.

    Hi I agree, as we have several foreign currency adjustments that we would prefer to do at the payment time rather than at the reconciliation time against the vendor/customer.

  • 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

  • Bank Statement Reconciliation Errors

    Hi Experts,
    I am working on Bank Statement Reconciliation Interface.I ran 'Bank Statement Import' Program to move data from interface tables to base tables. I am getting following errors.
    Errors:
    .Payment control total in the statement header is not matching the total payment amount on the statement lines
    . Receipt control total in the statement header is not matching the total receipt amount on the statement lines
    .Number of lines in the statement is not matching the line control total in the statement header.
    I have data in control total columns in header interface table.
    Could anyone help how to get rid of these errors.
    Thanks in advance for your help.

    Hi,
    What is the application release?
    Please see if these docs help.
    Cexinerr AutoReconciliation Execution Report Has Incorrect Statement Exceptions When Sweep Lines [ID 759165.1]
    CEXINERR Errors With Invalid Control Totals When Importing A Statement [ID 177719.1]
    Cash Management Overview [ID 96630.1]
    Thanks,
    Hussein

  • BANK STATEMENT RECONCILIATION INTERFACE

    Hi,
    I have a requirement to work on 'BANK STATEMENT RECONCILIATION' interface. These are used to reconcile the AP and AR activity through Cash Management module in Oracle Applications.
    I am very new to this, could you anyone guide me how to proceed.
    1.I am getting bank statements in BIA2 and SWIFT940 format. Could anyone tell me what is the difference between these two types.
    2. what is record id, record code in these type of data files, how to link these with interface tables.
    3. Is there any standard program to load data from these data files to interface tables? or, Do i need to write a package to load data into interface tables.
    4. If i need to write a package, could any one tell me validations for headers and lines, and tables to be used in those validations.
    Experts, kindly guide me to get it done.
    Thanks in advnace.

    Yes there is a standard oracle concurrent program available,
    Search the concurrent program name: Bank statement Reconciliation in the cash management
    The Bai2 and Shift90 are the formats of transmission of the bank data. Mostly Bai2 is used world wide for the transmission.
    What version of application are you using?
    Thanks,
    Sreekanth

  • 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

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