Bank Recon Diff
Hi experts,
I have completed the reconciliation by using below path
Banking --> Bank Statement and External Reconciliation--> Manual Reconciliation and difference in there is 0.
However when I run below report from
Banking --> Bank Statement and External Reconciliation--> External Reconciliation
there seems to be some difference between reconciled amount and uncleared transaction
Balance as per Bank 3441014.38
Balance as per books -2866269.38
574745.00
-510498.00
64217.00
The diff of 574745.00 should be sum of uncleared transactions however the difference between Dr and Cr uncleared transactions is 510498.00
I am unable to find how the difference is present as in Manual reconciliation option I have completed the reconciliation.
While running above report from Banking --> Bank Statement and External Reconciliation--> External Reconciliation I have used below setting from printer settings
Print reconciliation = ticked
New and old reconciliation = ticked and here inputted reconciliation statement no.
unreconciled transactions = ticked
Detailed total for external reconciliations = ticked
Please advise.
Thanks
Deepak
Hi,
I am afraid you need create your own report for this. There may not have system report meet all you need if you use a older version.
Thanks,
Gordon
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For Manual Bank Reconciliation Statement, while inputting statement, i cannot view chq number to be assigned, instead i can just view document number.
i have activated chq lot management & have assigned to the payment documents.
please helpHello Dear
Kindly check the process again, may be you are missing something :
As per my understanding :
You have created manual check through FCH5 and assigned to payment document
then through FCHU you updated the Assigment field in Chq Issue A/c
Is your check no. can be seen through FCHN ?????
You have assigned the Int.algorithm 015 to the transaction in OT52
Insert Bank Reference field in the variant you created in OT43
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Hi Experts
We have a USD bank account that the currency was set to "USD" - we perfomed many external bank reconcilations on this account.
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Edited by: Wendy Jansz on Jun 8, 2011 8:43 AMHi Gordon
Thank you for your response
My issue is, when the account was USD the ending balance in the bank recon was USD 390,367.38. Now that the account is in all currency, the ending balance should show the converted value of USD 390,367.38 in AUD.
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Dear All,
I have done the manual bank reconciliation config. but facing one issue i.e. i want to know what about those entries which are coming in the bank statement but are not entered in SAP.
I want to know about the treatment of following scenarios in SAP i.e. how will we map it into SAP in manual bank recon.:
1. Cheque issued by customer & credited in bank directly but not accounted by us.
2. Payment made through bank by using electronic payment facility like making of e-tds payment.
3. Excess Bank charges credited by bank at the month end.
Kindly give your inputs asap.
Regards
AnujHai Anuj,
I understood u r query,
I have solution for this ,
your questions
1. Cheque issued by customer & credited in bank directly but not accounted by us
Answer- For this customer himself sends one cheque receipt, that he is presenting check in bank, for that we will post one clearning entry for that customer, after when we receive the bank if that amount is cleared with that check number, than we clear that entry with Manual bank reconcilation process
2. Payment made through bank by using electronic payment facility like making of e-tds payment.
Answe- Making e-tds payment directly from bank, is not possible without any proper reports, with the help of that reports, we will post that entrie manually in the SAP system as a clearing entries, after when we receive the bank statement, than we will clear these entries using Manual Bank reconcilation.
3. Excess Bank charges credited by bank at the month end.
Answer- This is very clear, how means the bank is crediting bank charges at the month end, this will identify when we receive the bank statement, on that day we will post manual entrie to bank and clear that entries using manual bank reconcilation process.
I think this information will help you
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Chandhra Shekar Reddy
Dear All,
I have done the manual bank reconciliation config. but facing one issue i.e. i want to know what about those entries which are coming in the bank statement but are not entered in SAP.
I want to know about the treatment of following scenarios in SAP i.e. how will we map it into SAP in manual bank recon.:
1. Cheque issued by customer & credited in bank directly but not accounted by us.
2. Payment made through bank by using electronic payment facility like making of e-tds payment.
3. Excess Bank charges credited by bank at the month end.
Kindly give your inputs asap.
Regards
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Hi,
we have to change one of the Account symbol and asociated account for the posting rules for electronic bank statements.
what other places do I need to make changes along with this..?
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I would like to understand how the auto recon works in SAP..? after we set up all configurations like trans. types, posting rules, external transaction codes etc..
when we process the AUSZUG1 and UMSATZ1 files what all processes happens ?
thanks & reagrdsHello,
Have you completed the configuration.
Please follow the following steps:
IMG => Financial Accounting => Bank Accounting > Business Transactions => Payment Transactions => Manual Bank Statement
Create and Assign Business Transactions: Here you give your external ID provided by the Bank, is it a plus or minus to your bank account, posting rule and Text. (Make sure before you have posting rules in place)
Define Bank Keys and Posting rules for your Manual Bank Statement: Give your chart of account.
1. Create Accounts Symbols (Freely definable)
2. Assign Accounts to Accounts symbols (Account symbol / Account modifier, normally +, your currency, masking rule of the GL account)
Hope you are familiar with Masking rule. Means, if you have bank main account ending with 0, for example 180000, cheque outgoing with 180001 and check incoming with 180002, then outgoing symbols you need to maintain +++++0 and for incoming symbols you need to maintain +++++0, by which your sub account and main account gets linked when you upload bank statement.
3. Create Posting Keys - Freely definable
4. Define posting rules - Most important, based on which your postings get happened.
Posting Rule, Posting area, Posting Key, Account Dr, Posting Key, Account Cr, Document Type, Posting Type.
The most important things are posting area, document type and posting type.
Posting area 1 - means that it gets posted to GL Accounting Posting area 2 means it get posted to Bank Sub Ledger Accounting
Document Type: this is important when you are posting to posting area 2, use KZ for vendors and DZ for customers, when using posting area 1, use normal document types or customized document type like ZR.
Drop down Posting Type: Configure based on your requirement. 1, 2, 3 is for posting 4,5,7,8 for clearing and 8 is for reset & reverse clear.
Hope this is useful to you.
Regards,
Ravi -
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Hi All,
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When i run transaction code feban with all the details like statement no., date,etc. the specific statement is displayed on the screen and all the items cleared and uncleared are marked as green. Can anyone guide me in this scenario and tell me inspite of wrong check and amount why it is showing as posted in ff67 and marked as green in feban. when it is not cleared from outgoing bank account to main account.
rgds
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To give you an idea here's a sample flow of what we wanted.
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Br,Vivek -
Hi,
We are planning to use F110 transaction to generate the automatic payment advice(with payment orders) and it will be sent to Bank.Once the payment is made,I understand that the Bank will send the electronic Bank statement based on which we can clear the vendor open items.We like to simulate the clearing process based on the electronic Bank statement.
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Thanks in millions,
Leohi
i have seen your posting at forum in service.sap.com REGARDING ELECTRONIC BANK RECONCILATION.
In the reply you made regarding EBR you have mentioned about two options for f110. Actually our banker requires a unique identifier for eact electronic transaction. i have configured DME and getting text file for each APP run. however i was wondering how clearing will be done while receiving advice at day end and statement at month end.
Your reply seems to match my comapanies scenario however you are requested to more clarify about your forum reply.
what is option no. 2
2- Close Vendor and post to an Out of balance sheet account. When receiving bank statement you have to post to this Out of balance sheet account(which is then closed) and bank account. In this way you have a clear picture for your bank accounts.
How setting of this is done. R u talking about payment order.
what is account gour of Out of balance sheet account.
what is entry passed when you do app run.
what is the way to do bank recon and payment advice upload.
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Manual bank reconciliation statement FF67
Hi ,
what are the data to be enter the data in FF67 for manual bank reconciliation statement and how to post the bank G/L? How to check whether it is posted or not? Please tell me the steps..
If use BDC for Tcode FF67...Bank G/L will be posted automatically? How to check whether it is posted or not? Which tables get updated while clearing G/L.
Thanks in AdviseHi
Check the link for BDC for Bank recon
Help in Upload program for T-code FF67
If your main Bank Closing balance tallies with your physical bank balance, it means your statement has been posted.
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Sanil Bhandari -
Check Amount is clearing and posting to same Bank Sub A/c In FCHR
Hi,
Can any one explain the reason for the below issue in my Bank Accounting?
when check is cleared using FCHR, Check Amount is not moving From Bank Sub A/c (Checks Issued A/c ) to Bank Main A/c.
Check Amount is clearing and posting to same Bank Sub A/c. I have checked all the setings are fine (Posting Rules also fine).
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ChandraHi Chandra,
Thats right. You would anyways do a bank recon at which point these are moved into the bank main account.
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Raghu -
Bank reconciliation for Fund transfer
Hi,
Client have many bank accounts. He transfer fund from all banks at different places to its corporate bank account on daily basis (once in a day). In this case bank statement shows only reference as transferred to "XXXX bank account" for all transfers.
How to treate this in bank reco.What should we enter in Assignment filed in document and reference field in manual bank statment to reconcile it properly.
Please suggest.
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HarshalHi Harsh,
In Bank recon fund transfer when we used to post a document PK-40 and PK-50 for this the GL accounts for Banks(40&50) we need to give and In Reference area-(Just mention-Fund transfer) and Assignment area-(F.T-HDFC to Axis) and in Text area (Fund Transfer from HDFC to other Banks-IT is for first Line item for other banks based on GL a/c for that gl text as F.T from HDFC to Axis).
I think this is enough.
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Sridhar -
Hi
Iam a sales consultant , i got a requirement to add ABA no for one of the house bank , There is no field in FI12 to capture this information.
How can we maintain ABA no for a House bank?
Thanks,
VaishnaviHi,
I think we can give this number in Bank number field in control tab while creating house bank(FI12).
Also check the below link
Re: EBS Program RFEBKA00 Bank KEy in House Bank is diff.from ABA in BAI file
Regards,
Radhika.
Edited by: Balaji Radhika on Mar 30, 2010 8:07 AM -
House Bank Configuration/ Assignment
Hi All ,
I need information on House Bank Configuration/ Assignment with respect to business area. Its very urgent.....
regards
PSNGBank that your company used for banking purposes.
It is also the first step for configuring your Account Payable Modules.
FI12 - Configure House Bank
House Banks
First Step: We first create House Banks. These are the banks for
your clients. Your client uses these for its banking transactions. One House Bank can have multiple bank accounts assigned
to it.
During the implementation one can try to rationalize both, the Banks and the Accounts.
A House Bank has
a Unique Bank Key. Bank Keys differ by each country's norms. The US Bank Key is called ABA (American Banking Association)
number. Normally each House Bank can have its own Company Code. In some cases, where the Banks use a different ABA key for
paper Transactions and a different one for Electronic Transactions, you Create Two House Banks instead of one for One
Physical Bank. Also, Two Bank Accounts will be created for a Single GL Account.
T-Code: FI12
Menu Path:
Financial Accounting > General Ledger Accounting > Bank-Related Accounting > Bank Accounts > Define House Banks
Config
Steps:
A House Bank is tied to a Company Code and each Bank Account is tied to a House Bank. So first we Select the
Company Code for which the House Bank is to be created.
The Create Bank icon is clicked and it brings up a pop up for
House Bank Identifier and House Bank Country. House Bank ID is a number decided by you. You can specify a number based on
your numbering conventions.
The Next screen requires entry of the Bank Key - the ABA number is the House Bank country
selected was US. On this screen you also enter the House Bank Address data as well Control Data - comprising of SWIFT COde,
Bank Group and Bank Number.
Once the House Bank data has been entered and filled up, you click on Bank Accounts and
you are taken to the screen to configure the Bank Accounts. On the Next screen click on the "Create Acct" icon.
A pop
up comes up where you enter the House Bank Identifier in your system as well as the Bank Account identifier in your system
along with a text description. Once this is done, we get to the main screen where we enter the following
data:
Bank Account: The Bank Account given BY the Bank.
Altern. Acct No.: This field is used when two
accounts at the same bank use the same account number. This situation may arise when the bank manages the accounts in two
different currencies. This field has a different number than the Bank Account field.
Currency: This is the
currency in which the account is managed.
Control Key: For US Banks, this is used to identify whether the account
is a Checking or Savings account. The key is 01 for Checking and 02 for Savings. The Default value is checking account if
nothing is specified.
GL Account: Each Bank Account is assigned to a GL Account Number. The Bank Account updates
the GL Account entered here.
Discount Account: If the company uses the Bill of Exchange facility then we enter the
Cash Discount Account for Credit Memo Postings that this Bank Account should update.
Bank Account
Structure
It is important to have the right structure for Bank Accounts, GL Accounts and the Clearing
Accounts.
It is important to know how much of:
Confirmed Cash,
Floating Cash out, and
Floating Cash
in
is available for the company on a particular day.
There should be Only One Confirmed Cash GL Account with many
Bank Clearing Accounts. So, the Checks Outgoing Clearing, Wire Outgoing, ACH Out, and Deposits clearing need to be set up
for each Bank Account. It is also important to leave room for additional clearing accounts that may be needed in future.
For this, we may have a range of 10 GL Accounts for each Bank Account. The numbering, for example, can have the GL Account
ending with 0 for each Confirmed Cash Balance (eg: 110000); each deposit clearing account will end up with a 1 (110001); each
outgoing check clearing account will end with a 2. each outgoing ACH account will end with a 3 and each outgoing wire
account may end up with a 4.
Check Lots and Void Reason Codes
The final step in configuring of the AP Bank
Account is to assign it to a check lot.
Check Lots
If the company has a MICR printer then a blank
check lot can be used for Payables. The check lot determines the check number that is used on payments.
The first
step is to bring up the "Check Lots" screen.
T-code: FCHI
Menu Path: Financial Accounting >
Accounts Receivable and Accounts Payable > Business transactions > Automatic Outgoing Payments > Payment media > Check
Management > Define Number Ranges for Checks
On the main screen you need to fill up Company Code, House Bank number,
and the Account ID for which the checks are being created (?)
After saving the information click on "Change Status"
icon. This takes you to "Maintain Check Lots" screen. Most of the information will come filled up. You can enter the From
and To check Numbers.
To create a new check lot and assign it to the account, you can click on the "Create" icon. In
the pop up enter the Lot number identifier and he range of the check numbers and also the next lot number if
needed.
Void Reason Codes
In SAP, it is not possible to void a check without a valid reason code. We
can have any number of Void Reason codes. There should be at least one Void reason Code configured in the
system.
T-code: FCHV
Menu Path: Financial Accounting > Accounts Receivable and Accounts Payable > Business
Transactions > Automatic Outgoing Payments > Payment media > Check Management > Define Void Reason Codes.
Three Void
reason Codes come pre-configured - 1, 2, and 3. They deal with the problems encountered with the printers. There are
indicators to be assigned which define whether the Reason Code is due to Manual or Print program. Any codes created by the
users are only assigned Manual.
Payment Program Configuration
This step determines how to process
the payment transactions in the system.
The Payment Program is a series of steps within one Program.
The
configuration occurs in table T042 and other variations of table T042 that end in a letter.
T-Code:
FBZP
Menu Path: Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing
Payments > Automatic Outgoing Payments > Payment Method/Bank Selection > Configure Payment Program
assign points if useful
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