Bank keys and house bank creation

Hi
My company have 9 branches all over India. HO of my organization is in Bombay.
Now every branch have bank account in respective city. 5 are Current account and 5 are Cash Credit account. But all these bank accounts are in one bank only say Bank ABC...
So how many bank key and house bank should be created? I am confused. I tried reading documentation on bank key and housebank, but my confusion is still there.

Hi,
The number of house banks depends on the branches of the bank.
You need to open a separate house bank for each bank's branch. For this, create a bank key for the bank branch in FI01 and then assign this bank key into the house bank in FI12 (Or directly create the bank key in Fi12 also)
Then within this bank's branch, if you hold more than one account then create seperate account ID for each account in that house bank.
Separate house bank for each branch helps in the faster processing of bank interfaces for payment and receipt, because then it will use the correct SWIFT code etc for that branch assigned to bank key in house bank.
Regards,
Gaurav

Similar Messages

  • Bank key and house bank

    hi,
    1) for bank ABC, it has many branhes through out the world. may i know if each country, this bank will have unique bank key regardless branches in this country?
    say in china, it has 10 branches and all are using same bank key. correct?
    2) house bank is by each branch. correct?
    thanks

    The bank key idnetifies uniquely the bank and the branch, otherwise the purpose of the bank key is defeated.  So the bank key uniquely identify the bank and the branch in a country.

  • What is bank key in house bank configuration

    hi
    what is bank key in house bank configuration. is bank key same as our bank routing number.
    thanks,
    monica

    Hi,
    You specify the bank key under which bank data from the respective country is stored.
    Basically, your banks are managed by using their bank numbers. The bank number and the bank key are almost same for the house bank.
    Like you said, you may define a 9 digit number that serves as a routing number too.
    Hope it clears your doubt.
    Assign points if helpful.
    Regards,
    NareN.

  • Internal Bank Challan and House Bank

    Hi,
    Is anywhere we are linking internal challan numbers with the House Bank.
    if it, where we to link up.
    please help me out.
    sd/-
    Sreenivas.P

    Hi,
    The number of house banks depends on the branches of the bank.
    You need to open a separate house bank for each bank's branch. For this, create a bank key for the bank branch in FI01 and then assign this bank key into the house bank in FI12 (Or directly create the bank key in Fi12 also)
    Then within this bank's branch, if you hold more than one account then create seperate account ID for each account in that house bank.
    Separate house bank for each branch helps in the faster processing of bank interfaces for payment and receipt, because then it will use the correct SWIFT code etc for that branch assigned to bank key in house bank.
    Regards,
    Gaurav

  • Validation between Bank GL and House Bank

    Dear Experts,
    At present in FCH5 there have no restriction for Bank GL and House bank. Suppose in my payment document I paid my vendor through ICICI Bank G/L, but in FCH5 we can assign House Bank HDFC or others against my above payment document. The Payment Doc. suppose to assign with only ICICI house bank.
    Now my client require a validation that ICICI Bank GL should assign with ICICI House Bank and HDFC Bank GL should assign with HDFC House bank.
    Please anybody tell me how to validate the above scenario and if it is possible through OB28 then what will be the logic?
    Sourav

    Hi:
          I tried once on the same scenario using GGB0 but could not succeed since validation can not be applied at accounting document level. Your ABAPer can create a copy of  the FCH5 program to a Z program and you can put on your own restriction for the program SAPMFCHK.
    Regards

  • EBS Program RFEBKA00 Bank KEy in House Bank is diff.from ABA in BAI file

    REceiveing an error that the bank key and account number not found in table T012, T012k.
    The HB was created using one ABA as the Bank Key, the ABA necessary for proper u201Cchecku201D creation.
    In the HB config, we set the Bank Receiving DME with the ABA needed for the ACH file, which is different from the Check ABA.
    I searched everywhere, and found only one viable solution: create a pre-processor to change the ABA in the file to be the one that will match the entries on table T012 and T012k.
    I tried putting data in the Alternative Account number with the ABA and the Account number, but it didnu2019t resolve the issue.
    Any suggestions?

    Hi Kath,
    Having one Bank account using 2 different ABA should not be a problem technically, if you are creating 2 different house banks for the 2 ABAs.
    My question is if the ABA number entered in the field "Bank Receiving the Data Medium" is actually responsible for Paying the
    ACHs, then this field is not the right place to enter ABA. You must create a new house bank with the ABA number and may be the same account number for ACH, and leave this field "Bank Receiving the Data Medium" empty. And please complete the rest of the Payment run config for this New house Bank i.e. Bank Determination.
    If you still have issues, please check if the account number provided by the Bank in the Bank Statement doesn't have a leading zero or prefix before the actual bank account. If there are leading zeros, then please change the account number accordingly in the House Bank and EBS config. Or if there is a prefix, which is sometimes used for foreign payments coming out of the same Bank account. Then you can enter the same bank account number along with prefix in the Alternative Account number field
    Thanks
    Ron

  • Bank Directory and house bank?

    Hello,
    i am a bit confused on Bank master data and house bank and also what is bank directory?
    according to my understanding bank directory is a list of all the bank's across the global no matter our company uses them or no.
    bank master data is the bank created in our system which can be our bank or customer/vendor bank
    and house bank is our bank where we have out company accounts??
    please confirm if i am correct or please direct me to the right answer..
    Thanks

    Your understanding is correct.  Bank directory is a listing of all banks.  You may have all or some of them (the ones you transact with - could be also your customers'/vendors' banks) in your bank master - these records reside in table BNKA, if you create them either via FI01 transaction or use the bank directory upload functionality.  Now, when you assign a record from BNKA to one of your company codes, a record gets created in table T012 and that bank becomes your house bank.  The bank accounts that you create under a house bank sit in table T012K.

  • Bank Accounts and House bank info

    Hi Friends,
    We use ECC6.0 version.
    I have created GL accts seperate for Main bank, Bank P and Bank R
    I have created Bank Key as well.
    In FI12 - is it mandatory that i create seperate house bank ID's - seperate for main, BP and BR - why?
    Many Thanks
    Sanjay

    Hi,
    1100- Main account
    1101- Out going payments
    1102- Incoming payments
    Here 1100 account you have to assign for house bank.
    No need to create another two ID's for incoming and out going accounts.
    You have to give House bank details for these three GL's in the GL masters.
    Rgds
    Murali. N

  • Bank key vs Electronic Bank Statement

    Hello,
    What is recommended by SAP is to have bank key for house bank the same as SWIFT code. I have case now that bank from Turkey has TGBATRIS Swift code and the same i use as bank key. But when they have sent bank statement and i import it using FF.5 it looks like in field 25: (where the bank account is delivered) they provide this data ':25:277/6296649'. So 277 is bank ID and after slash / we have bank account ID. Problem is that error comes up when i have bank key TGBATRIS as no bank account 6296649 is found for bank key 277. So it looks SAP is recognizing first part 277 as bank key that should be customized.
    Is there any way to use bank key as SWIFT and not asking bank to change bank statement format of field :25: ?
    Thanks for info.

    Look if you can get in the house bank this information in the field Alternative Bank Acct Number
    If you have house bank accounts with identical account numbers and use the electronic account statement for these accounts, then you enter the internal key used by your house bank here (usually the account number with attached currency encryption). If you use the manual account statement, then you can freely assign the alternative account number. Using bank account number + currency code is, however, recommended

  • Bill of exchange and House banks

    Hi All,
    Can anyone send me documentation on Bills of exchange and housebank?
    I need the explanation in detail for all the configuration steps...Please need this at the earliest
    Thanks & Regards,
    Rohini

    Hi,
    Creation of House Banks -
    1. IMG-FA-Bank Accounting - Bank Accounts - Define House Banks
    Enter Cocd
    New Entries
    House Bank <Any 4 char>
    Country
    Bank key (Any number>
    Click Create
    Enter Bank name
    Bank number (pref same as Bank key)
    Ok
    dbl lcikc 'Bank Account Folder'
    New entries
    Account ID <any 4 char Pref same as house bank?>
    Description
    Bank Acct Number <actual Account number>
    Currency
    GL account Number <Bank GL number>
    Save
    2. Go to FS00
    Choose ur bank account in GL
    In Create/bank/interest tab - mention house bank and account ID
    Select Relevant to Cash flow
    Save
    Checks
    1. Tcode: FCHI
    Give Cocd, house bank and acct ID
    Click Change
    Click Create
    Lot number <Which check book..1st, 2nd...)
    Check No: From & to
    Select Non sequential
    Short Text
    Purchase Date
    Ok
    Save
    Other Tcodes:
    Issue of check to vendor: FCH5
    Making void check - FCH3
    Void Issued check - FCH9
    Check register  - FCHN
    Regards,
    Sridevi
    <i>Pls. assign points, if useful</i>

  • IBAN and House Bank

    Hello Experts,
    I have a problem about how to change IBAN number in House Bank (FI12). Since I filled the wrong number in IBAN field when I created the House Bank. Now I tried to change IBAN, but I got the error messages "IBAN does not match bank details" and "IBAN number is incorrect". I also try to change it via SM30 (view V_TIBAN), it is doesn't work.
    Could any one help me solve the problem, since it is urgent.
    Thanks in advance.

    HI,
    My client  is having one account in  standard charted bank account , also we have multiple currency option for this account but they are providing currency wise
    IBAN numbers. in sap we have a option to maintain IBAN number for account number wise or bank key wise and house bank  wise .
    but here my concern is  for the same  Account bank is providing currency wise IBAN numbers. How to maintain multiple IBAN number to single account in sap  please suggest me.
    Thanks in Advance,
    Vanaja .g.c

  • Bank key and bank number

    Dear experts,
    What is the significance of maintaining bank key in vendor master? Can multiple bank codes/numbers be assigned against one bank key  or do I have to create as many bank keys as there are bank codes/numbers?
    What is the corelation between bank key and bank code or bank number?
    Thanks in adv,
    Vijaya

    Hi
    Bank Key used to identify the House Bank. Generally we manage banks using Bank Number.
    The Bank Number is used as Bank Key
    In case of absense of Bank Number, the transactions will be done using Bank Key
    We can't maintain multiple bank numbers/bank keys
    we maintain bank key in vendor master, it is mandatory in ecc6 to if you do automatic payment to vendors.
    Hari P

  • Check in vendor master record between Bank Key and Bank Account for Belgium

    Hi all, just a request.
    In Belgium the first three digits of the Bank Account are always equal to the Bank Key.
    Unfortunately SAP does not check if they are different.
    Is there a standard check or should I "offer" a custom control?
    Thanks a lot !!!

    Dear,
    I checked right now in SPRO, but no validation with combination of Bank key and Bank account - that to particular first 3 digits not available. Option available is with ABAP Development.
    Option 1.
    You create Bank key using transaction FI01. Remove authorizations for FI01 from all users [Hope this already exists in your system].
    In vendor master, if you enter Bank key - which also selectable with F4 option, if bank key manually entered and PRESS ENTER, one more new screen open to enter Bank data. That means after pressing enter system validating our entries in bank key with database and when not available, populating new window to enter new entries.
    Now when ENTER pressed, suggest Development team to display an Error message 'Bank Key XXXXXXX not available'. By this user cannot enter a bank key as their wish.
    Once valid bank key selected from selection screen - validate bank account entry first 3 digits of Bank key 3 digits entered. If not matched - Error message.
    Option 2.
    Simply remove authorizations for XK01, XK02, MK01, MK02, FK01, FK02 from all users and authorize only one user in creation of Vendor master who aware and take care of entries.
    Regards,
    Syed Hussain.

  • EBI, EDS, AND HOUSE BANK

    Hi Everybody
    What would be the difference between EBI and EDS? What are the advantages of house bank?
    Kundan Bhattarai

    Your understanding is correct.  Bank directory is a listing of all banks.  You may have all or some of them (the ones you transact with - could be also your customers'/vendors' banks) in your bank master - these records reside in table BNKA, if you create them either via FI01 transaction or use the bank directory upload functionality.  Now, when you assign a record from BNKA to one of your company codes, a record gets created in table T012 and that bank becomes your house bank.  The bank accounts that you create under a house bank sit in table T012K.

  • Regarding Bank key and Bank account number

    Hi All,
    I have a query regarding Bank key and Bank account number.
    I want to set bank account number length as 9 digits. so I set it @ below path
    SPRO -> SAP NetWeaver-> General settings -> Set countries -> Set country specific checks.
    I tried to change the bank account number length to 9 digits from existing 10 digits using transaction FI12.
    But while changeing the bank account system throws an error like "Bank account number or bank number are not of valid length".
    Can any one suggest solution on this?
    Thanks in Advance!
    Regards,
    Nidhi

    Dear Nidhi,
    It seems that earlier bank account number contained 10 digits and then setting was changed to 9 digits that may be the cause of the error. Do one thing, go back to country setting and restore the bank account number digit to 10. Then make changes to bank account number to 9 digits. Make similar changes to all bank in your company code which has 10 digits.
    Then go to country settings and make account number digit to 9 digit which will prevent bank account number to be 10 digits created in future.
    Regards,
    Chintan Joshi.

Maybe you are looking for