Bank main account entries reversal
Dear Experts,
I have run the batch iput session while doing BRS entries, at that time i got 2 sessions by default Bank main account has updated 2 times. now i want to reverse this entries but system is showing error '' posting to main bank account 5507000 is not permitted''
Please suggest me what should i do ?
Regards,
Anjiee
Hi....
As per your issue Use T.code FBRA to revese the clearing items...for open items reverse use t.code FB08
Regards
vamsi
Similar Messages
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Not able to clear bank statement accounting entry with payment document.
Hello FI guru,
We are facing problem to clear bank statement accounting entry with payment document posted via t.code F110 (Automatic payment program).
There is only single entry for payment in bank statment . But many entries in F110 for different vendors. Will posting the bank statement entry i.e Bank clear account Dr
To Bank main account
Its post with an error Error F5 263 the diference is too large.
We are using muticash format & we have use 4 which clear Dr GL
Request your help to resolve the problem Whether we missed any configuration or we have develop program for the sameHi,
This error generally is due to tolerance error. Please check the assignment of the user id with the relevant tolerance groups. Let me know if it worked.
or go through the following link
F5 263 - The difference is too large for clearing
BR,
Satya -
Bank Statement Accounting Document Reversal
Dear All
I had entered entered manual bank statement through FF67. In FEBA there were some documents unposted so I posted them by selecting relevant items. However I selected wrong items which had similar amount. So actually cleared item is showing as open item and actual open item is shown as cleared in the bank account (FBL3N).
How to rectify this? Is it possible to reverse accounting documents for bank reconciliation? I know that I can do this by directly making FI entry. But is it possible through standard procedure?
Thanks & Regards
Shripal BhavsarIf you reset and reverse the clearing documents, you won't be able to reprocess the clearings through FEBA - and you won't be able to tie the new clearing document to the bank statement. For audit purposes, you want the tie between the document and the bank statement.
Instead of resetting and reversing, I would suggest using the "Only resetting" option in FBRA. The will re-open the items that were cleared incorrectly. You will then have an open item from the bank statement document that you can clear against the correct open items - (for example, with transaction F-03).
Regards,
Shannon -
Accounting entry reverse/cancel
Dear
Expert
our user done a mistake
Without reversing the entry of excise he has canceled the billing document... now business people wants to reverse/cancel that entry what is the possible way out... In standard process we have to reverse the excise entry than have to cancel the invoice ... pls suggest how to do the same in sap, to make it correct..
Thanks and regards
Deepankar senguptaThanks i did the same and issue is resolved
regards
Deepankar sengupta
Edited by: reach.deepankarsengupta on Jan 23, 2012 12:31 PM -
Track Missing Entries between Bank Main A/c and Clearing A/cs
hi,
Is there any easy way to track the missing entris between Bank Main a/c and Clearing Accouns. Is there any tocode or something.
Please advice.
SatishHi Chandra,
Thats right. You would anyways do a bank recon at which point these are moved into the bank main account.
Caio
Raghu -
Hi,
Where do we link bank sub account to bank main acoount?
Here my question is, i am able to see a GL account XXX in House Bank config and YYY in Bank Determination FBZP, here XXX is main GL a/c and YYY is Bank sub GL account and while running APP how do system knows there is link and how the system makes the payment..
Thanks,
V.Hello,
In FI12 - it is not bank main account, but the account number which you maintained at the bank.
Your bank main and sub accounting being linked through the masking rule in manual / electronic bank statement configuration.
Regards,
Ravi -
Hi All,
Where do we define Bank Sub accounts in img and what is the use of it.
I would appreciate if somebody could explain me in detail.
Thanks in advance.Hi,
Bank Subaccounts are used for Bank Reconciliation through EBS or Manual Bank statement. Hope you can understand with the following explanation.
Configuring the Electronic Bank Statement and Manual Bank Statement
Electronic bank statement It is an electronic document sent by the bank which gives details of the transactions done by the account holder in electronic form. The electronic document can be remitted by the bank in the following formats SWIFT, Multicash BAI etc., (http://www.bai.org/operations/reportingcodes.asp)This statement is used in SAP to do an automatic reconciliation. The statement is uploaded in SAP and it clears the various Bank clearing accounts such as the Chk out, Chk in account to the main bank account.
In our scenario we have following bank GL codes (Sub accounts) for our Bank:-
111410 ICICI Bank Main Account
111411 ICICI Check Issued Out
111412 ICICI Outgoing w/tfr
111415 ICICI Other interim posting
111419 ICICI Check Received
Checks issued out to vendors will be credited to G/L code 111411 - ICICI Check Issued out Which is a clearing account.
Similarly Checks received from customers are debited to GL Code 111419 ICICI Check received which is a clearing account.
When the bank statement is uploaded in SAP the following will happen:-
For Checks issued out based on checks cleared in the bank account the following entry will be passed automatically.
GL Code Account Description Debit/Credit
111411 ICICI Check Issued Out Debit
111410 ICICI Bank Main Account Credit
For checks received in based on checks cleared in the bank account the following entry will be passed automatically.
GL Code Account Description Debit/Credit
111419 ICICI Check Received Credit
111410 ICICI Bank Main Account Debit
Thus after uploading the bank statement in the system, the main bank account i.e. GL code 111410 - ICICI Bank Main Account will exactly match with the balance shown in the bank. All the clearing accounts having open line items will be the reconciliation items.
Manual bank statement In case the bank is not able to give an electronic statement then the statement can be manually entered in the manual bank statement and uploaded.
Assign Points if useful
Regards
Raghu Ram -
Bank mail account in Manual BRS
hi experts,
I am configuring Manual Bank Reconciliation Statement in my client site.
1.My question is The BANK MAIN ACCOUNT will be a CLEARING ACCOUNT or not?
2.if it is configured as a clearing account and data is already posted in that GL ,will be there in problem in doing Manual Bank Reconciliation Statement ?
please help me out?
With Regards,
SudiptoHi
What do you mean by clearing account ? Is it with "Open Item management "?
Main bank account will not have open item management, but other accounts like cheque issued and cheque recd will have "Open Item management "
Regards
Amit -
Revaluation of Foreign Bank GL Accounts (Main & Sub Accounts)
Dear All,
Please clarify the Below.
If Company code currency is INR and Bank Account is maitained in USD for 100101(main bank Acct) , 2 sub Accounts 100102-Incoming Bank Acct and 100103-Out going Bank Acct.( These sub accounts are maintained on open item basis and Main GL account will be on Line item Basis).
when ever the Incoming and Out going payments are done these Subaccounts are getting posted.How does the revaluation work at period end for these 3 accounts.
what kind of configuration needs to be done for these accounts in OBA1 settings.
Generally the bank account balance on the closing is revaluated and if we set the subaccounts in the OBA1 settings (which are managed on open item).
Suitable Suggestions and Advices are rewarded with points.
Best Regards
stephenHi Stefen
Sub-accounts are Bank clearing accounts. Any clearing account managed on Open item basis are not valuated in FC revaluation, because these accounts are meant for BRS. Hence the main bank account alone are revaluated.
In OBA1, define exchange rate gain/loss for transaction keys relevant for exchange rate like KDD, KDF, etc.
Before that set up valuation methods also for revaluation and define the exchange rate for the relevant foreign currency/local currency.
Hope this is useful
S Jayaram -
Accounting entries are not reversed
Dear Sir/Madam,
We have canceled an excise invoice through transaction code J1IS. The
excise invoice was for other movements and created in J1IS only. The
excise entries were canceled but the accounting entries are not canceledafter the cancellation.
how to cancel the accounting entries and why the accounting entries are
not canceled after cancellation of excise invoice.
regards
AshishHello Ashish,
Cancellation of part 2 (FI) has to be done through J1IH > Cancel EI.
If you have run in J1IS, then you have to reverse the FI document in FB08.
With Best Regards,
Gladys Xing -
Accounting entries for bank to bank transfer (FRFT) Cross company
Hi,
We have a scenario to post a bank account to bank account transfer which is crosses legal entities.
I understand FRFT and F111 is the process to use, but i'm not clear what the accounting entries are.
In particular, whether the intercompany postings are automatically generated.
Can you someone run through the accouting entries for a bank to bank payment request process, which
crosses legal entities
Many Thanks
WadeHI Waheed,
When you do Intercompany transfers using FRFT_B the following entries are generated depending on whether the payung & receiving country are the same.
1) when the paying and the receiving entity are in different countries
a) Sending co.code
i) DR Payment request clearing
CR Bank Clearing account
ii) DR Intercompany clearing account
CR Payment request clearing account
b) Receiving company code
DR Bank Clearing a/c
CR Intercompany clearing account
2) when the paying and the receiving entity are in the same country
a) Sending company code
DR Inter company clearing a/c
CR Bank Clearingaccount
b) Receiving Company code
DR Bank Clearing account
CR Intercompany clearing account
All the above entries are passed after successful execution of the payments By Tcode F111.
Please check if the SAP Note "1510224" is implimented in your system.. along with changes suggested there in.
Ofcourse... Intercompany ponting settings OBYA is also required.
Hope this helps.
Best Regards,
M. Naveen Kumar
Edited by: M Naveen Kumar on Jul 14, 2011 7:51 PM -
Subcontracting accounting entries at the time of GR reversal
Hello,
In Subcontracting procedure, when i required the one finsihed product,
then i send a two components for him 1)A1 2)A2
Finished material and materials A1 and A2 are mainatained in Standard price.
Through the MB1B i send the material provided to vendor next i did MIGO
in that case the Accounting entries are hitting are
1)Stock Account hitting by STD price of the component at time of posting.
2)Balance effect goes to Consumtion of raw material
is it correct?
At time of Reversal of the GR doc is it take the STD price of the componentsor avarage cummulative price based on the prvious std price.
Please guide me at the time of reversal how the accounting entries are hitting and at what base, the how PPV is calculated,
and if in between any price change then what are the accounting entries?
if anybody give me answer , iam greatful to him
Regards
sapmanIam facing this problem from last one month, nobody is giving the hints
frien'd update please -
Bank sub account line item still showing as a open item after down payment
hi
1) i created a dwnpymt req using TCODE:f_37
2) created dwnpymt for dwmpymt req using TCODE:F-29
3) created customer invoice using Tcode:F-22
4) clear dwnpyment req against invioce using TCODe:F-39
now my question is when i create dwn pyment i used bank subaccount(cheq rec) to debit and customer to credit
so after i cleared dwnpymt with invoice. the bank sub account line item still showing as a open item .
why?
i appreaciate your usefull inputs
thanq.Hi
I hope you will be running manual or electronic bank statement at your company.
The bank sub account that has been posted gets cleared when you run manual or electronic bank statement.
Let me explain you in detail
The entry that got posted during the down payment received from Customer--
Check Receipt A/C Debit
Customer A/C Credit
When you run the manual or electronic bank statement the entry gets posted as
Main Bank A/C Debit
Check Receipt A/C Credit there by clearing the open item from the Check Receipt A/C.
Hope this helps you in understanding how the open item in Check Receipt A/C gets cleared.
Good Luck
Hari -
Automatic Payment Program(F111) not picking Bank Sub accounts
Dear all,
The entiries genertaed from automatic payment program(F111) is not picking the bank sub accounts (Receipts/Payment GLs) which are given in the following node:-
Financial Accounting --> Bank Accounting --> Business Transactions -->Payment Transactions --> Payment Request --> Define Clearing Accts forReceiving Bank for Acct. Transfer
It is picking the Main Bank GL, which has given in bank master(FI12).
Please advise.
Thanks & regards
Ramesh NairHi,
The config : Financial Accounting --> Bank Accounting --> Business Transactions -->Payment Transactions --> Payment Request --> Define Clearing Accts for Receiving Bank for Acct. Transfer
Is to decide bank sub account of the sending bank, when you are doing Bank to Bank transfer. This is manditory for cash management bank to bank transfer. Please read the config documentation again.
I just cut and paste from SAP documentaion.
"In this activity you define the offsetting accounts for the receiving bank accounts for bank account transfers (payments between house bank accounts) which should be posted to when payment is made.
The entries are necessary when payment requests are created for cash management payment advice notes that result from cash concentration, for example. The offsetting accounts for the paying house bank are determined by the payment program specifcations and the payment methods used. The offsetting accounts for the receiving house bank cannot be determined from these specifications, however, but can be defined in this section. "
Now, when you are creating payments with F111 and if you want to get sub accounts for house bank you have to do the following config.
F111 -> Maintain Configuration -> Bank determination -> Bank accounts ( for each accont id and payment method combination ).
Then you will see payments from this sub accounts and you have to setup posting rule to clear this account if you are doing EBS. -
Accounting entry of payment after execute F110
Hi experts,
It's purchase to pay process.
When execute invoice processing, an A/P entry should be booked in SAP...
Dr: expense
Cr: A/P
Finance team should run disbursement once the payment meet the due date, we should entry transaction code F110 to disburse payment. At this time, an accounting enry should be generated to clear A/P item.
Dr: A/P
Cr: bank account
I just want to know...
1.About payment booking, do we credit a real bank account or a transition G/L account, such as "bank transfer account"?
Note: a real bank account means it's a G/L account which links to corp's bank account number.
a transition account means we should clear balance in this accout to real bank account, when electronic bank statement is uploaded into SAP.
2. What is the purpose for upload EBS into SAP? Is it for incoming payment of Order to Cash function? Should we reconcile all transaction or only incoming item?
Edited by: Bonnie-CN on Jun 30, 2011 5:17 AMDear:
If we involve clearing bank transaction this scenario then the entries will look like
Vendor A/C Dr
Outgoing Bank Account (clearing a.c) Cr
At the time of Bank reconciliation statement execution
Outgoing Bank Account Dr
Main Bank Account Cr
Regards
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