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.
Regards,
Harshal

Hi 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.
Regards
Sridhar

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Bank reconciliation for existing payments

I have a problem with the Bank Statement Reconciliation (BSP) processing introduced in version 2007A. I cannot work out how to reconcile to payment transactions which already exist. I have tried the documentation and the webex, but they do not seem to cover it.
Scenario:
1. User knows that a payment has been received from a customer, for example 1000.00.
2. An Incoming Payment document is created. This will sometimes be allocated or sometimes be a payment on account.
3. Later, the bank statement records are received and show the received payment of 1000.00.
How do you reconcile the bank statement line to the already existing Incoming Payment?
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External bank reconciliation for bank statement in USA

Does USA banks offer import bank statement feature to B1? How to import the data to B1?

Hi,
Have you checked the Payment Engine Addon ?
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Fund transfer module for online banking in jsp

i am working on safe and secured internet banking project . currently working on fund transfer module. any particular user can transfer money from his/her account to any account.my first jsp file for this is:- fundtrans.jsp
in this jsp page there are 2 comboboxes :- from account and to account , i m getting accounts in these comboboxes from database.in my case i m using saving table where all information about user's saving account is placed.
fundtrans.jsp:-
<%@ page import="java.util.*, java.lang.*, java.sql.*" %>
<html>
<head>
<title>Untitled Document</title>
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1">
</head>
<body bgcolor="#FFFFFF" text="#000000">
<table width="1024" border="0" cellpadding="0" cellspacing="0">

<tr>
<td width="119" height="164"></td>
<td width="152"></td>
<td width="162"></td>
<td width="147"></td>
<td width="444"></td>
</tr>
<tr>
<td height="32"></td>
<td valign="top">From Account</td>
<td></td>
<td valign="top">
<form name="form1" method="post" action="">
<label>
// combobox 1 which gets account_no from database from which transfer to be made
<select name="select2">
               <%
          // code for getting account_no from database table saving
          try     {
          Class.forName("com.mysql.jdbc.Driver").newInstance();
Connection con = DriverManager.getConnection("jdbc:mysql://mridul:3306/bank","root" ,"root");
PreparedStatement ps;
Statement st=con.createStatement();
ResultSet rs = st.executeQuery("select * from saving where saving.username = '" + session.getAttribute( "theName" ) + "'");
%>
<%
     while(rs.next())
     String Account =rs.getString("account_no"); %>
<option value=""> <%= Account %> </option>
<%}%>
<%
rs.close();
st.close();
con.close();
}%><%
catch(Exception e)
e.printStackTrace();
%>
</select>
</label>
</form> </td>
<td></td>
</tr>
<tr>
<td height="81"></td>
<td> </td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td height="34"></td>
<td valign="top">To Account </td>
<td></td>
<td valign="top"><form name="form2" method="post" action="">
<label>
// combobox 2 which gets account_no from database to which transfer is made
<select name="select">
          <%
//this gets account_no from database table saving and placed in combobox
try     {
          Class.forName("com.mysql.jdbc.Driver").newInstance();
     Connection con = DriverManager.getConnection("jdbc:mysql://mridul:3306/bank","root" ,"root");
     Statement st=con.createStatement();
     PreparedStatement ps1 = con.prepareStatement("select distinct account_no from saving");
ResultSet rs=ps1.executeQuery();
     System.out.println("SECOND Succesfully Executed");
%>
<%
     while(rs.next())
     String Accountno = rs.getString("account_no"); %>
<option value=""> <%=Accountno %> </option>
<%}%>
<%
     rs.close();
st.close();
con.close();
}%><%
catch(Exception e)
e.printStackTrace();
%>
</select>
</label>
</form> </td>
<td></td>
</tr>
<tr>
<td height="52"></td>
<td> </td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td height="34"></td>
<td valign="top">Amount</td>
<td></td>
<td valign="top"><form name="form3" method="post" action="">
<label>
// this is text box in which user gives amount to be transfered
<input type="text" name="bal">
</label>
</form> </td>
<td></td>
</tr>
<tr>
<td height="83"></td>
<td> </td>
<td> </td>
<td></td>
<td></td>
</tr>
<tr>
<td height="37"></td>
<td> </td>
//this is a submitt type button which goes to the update.jsp for further processing
<td valign="top"><form name="form4" method="post" action="update.jsp">
<label>
<input type="submit" name="b4" value="continue">
</label>
</form>
</td>
<td></td>
<td></td>
</tr>
<tr>
<td height="467"></td>
<td> </td>
<td> </td>
<td></td>
<td></td>
</tr>
</table>
</body>
</html>
update.jsp:- in this file i wrote sql query for fund transfer. in this i m subtracting balance from one account_no and want to show updated saving table. i m not using query for addition of balance in another account_no becoz i m getting problem here.
<%@ page import="java.util.*, java.lang.*, java.sql.*" %>
<%
String name,pwd;
boolean found=false;
String acc= request.getParameter("select2");
String acc1= request.getParameter("select");
String ammount= request.getParameter("bal");
Integer ammount1 = Integer.valueOf((String)session.getAttribute("bal"));
     //Establish connection
     try
Class.forName("com.mysql.jdbc.Driver").newInstance();
Connection con = DriverManager.getConnection("jdbc:mysql://mridul:3306/bank","root" ,"root");
     Statement st=con.createStatement();
// ResultSet rs = st.executeQuery("update saving set balance = balance-ammount1 where saving.account_no = '" + acc +"'");
     ResultSet rs = st.executeQuery("select * from saving");
     while ( rs.next() ) {%>
     <tr>
<td valign="top" height="43"><%=rs.getString(1) %></td>
<td valign="top"> <%=rs.getString(2) %></td>
<td valign="top"> <%= rs.getString(3) %></td>
<td valign="top"> <%=rs.getString(4) %></td>
<td valign="top"> <%=rs.getString(5) %></td>
<td></td>
</tr>
<%}
          rs.close();
               st.close();
          con.close();
catch(Exception e)
e.printStackTrace();
%>
my prob is i m not able to print updated saving table i found 1 blank page or sometimes i find "sever is not capable for fulfilling the request". i m able to understand that whether my sql query is wrong or i m getting value from combobox via request.getParameter. please help me as soon as possible.

can u give me table name with attribute.
because i couldn't get it <%=rs.getString(1) %>
Edited by: prakash83 on Mar 8, 2008 9:22 PM

Need to clear openitems for Bank Reconciliation without useing Algorithms

Dear All,
As per configuration of Manual Bank Reconciliation, for clearing cheque deposit & cheque issue we are useing Algorithms 15 & 13 respectively. while uploading Bank statement we used to give SIX digit cheque number as a reference to clear the open items (i.e the same cheque Number is used to enter by the user in Allocation field of GL Account)
But as a special case the user has entered more than SIX digit cheque Number in Gl Account. Now am unable to clear those open items, since bank statement is having six digit cheque Numbers only.
My question is if i want to clear the open items of cheque deposit, cheque issue, others without useing Algorithms... let me know the configuration with various specification parameters.
Regards,
Swathi

HI
My Requirement is only one..... can we clear without useing Algorithms..... let me know the process.... on what parameters/specifications can do
Rgds,
Swathi
Edited by: swathi fico on Aug 27, 2009 10:08 AM
Edited by: swathi fico on Aug 27, 2009 12:55 PM

Bank Reconcilation for the first time.

Hi,
I need help on how to do a bank reconciliation for the first time. The bank statement has some transactions which happened on the old system now when we tried to reconcile the total does not match to the bank statement. How can we get it to reconcile we cannot make once sided entry.
Thank you

Hi Ghanbary, if we think logicially, the bank statement has transactions that occurred before you cut over to B1. So the question is do those transactions belong to Customers and Vendors such as receivable or payables, or were they expense and revenue deposits or owners withdrawing and depositing funds etc?
An Example : If the transactions are A/R and A/P related, you do not have actual transactions in B1?
Obviously you have following possibilities:
1. Import open transactions using DTW? Perhaps not a good idea that should have been done earlier.
2. Question is did you transfer your customer/vendor opening balances? If so, you can match above bank external reconciliation with respective BP. You can use ProcessExternalBanking function in Banking module against BP.
3. Above matching of external bank account can also be done against G/L account, provided you transferred opening balances of G/L accounts such as Receivable/Payable
In general you can balance external bank credit/debit with G/L debit/Credit but you have to know logically what is the transaction from Bank, do we have an open balance entry in G/L. If not you will have to create some temporary g/l account and add amount to it with a comment, saying from previous system of something like that. Then balance it against bank's external account.
There are many approaches to handle this. You should talk to your accountant what best practice he suggests from the point of view of management reports and even taxation reports or investor reports. As a systems guy you can not arbitrarily decide that.
It is best to create and match balance sheet in new system against the old system and make sure they match before starting new transactions on new B1 platform.

How does fund transfer work in version 11.5.10.2?

we would like to know how to:
1) automatically create journal entry when there is bank statement line for fund transfer.
2) I check the manual, it say: 'You can define mapping rules for your bank accounts in the Journal Entry Mapping window in Oracle Cash Management to map your bank transaction codes to general ledger accounts and optional search strings.'
but i can't find the Journal Entry Mapping window, please help???
we are using 11.5.10.2

Hi
1) Navigate to System administrator responsibility and query your Cash Management responsibility by navigating to the responsibility window.
2) View the menu attached with the above responsibility and copy the name of the menu. (Ideally it should be CE_SUPERUSER)
3) Navigate to the Menu window and query the menu name as found in Step 2.
4) Thereafter under the menu CE_SUPERUSER, found a sub menu named (*CE_SETUP*).
5) Now query the CE_SETUP menu and here you should found that you should have the following entries in the Function field as mentioned below:
Enter Bank Statement Mapping
GL Accounts
There will be no values in the Prompt, Submenu Field for the above entries.
It may be since these values are not available under your CE_SETUP menu, you are not able to view the same. Or the values are available in the function field but the Grant checkbox is unchecked.
In either case you need to have the above entries or enable the grant checkbox and than confirm whether you are able to see the journal entries mapping window or not.
Please perform the verification from your end and let me know if you have any issues.
Thanks
Manish Jain.
Edited by: Jain, Manish on Jul 23, 2010 6:41 AM

Bank reconciliation incoming payment

Hi All,
I am in the blue print designing phase of one of my client. Below is the client requirement for incoming bank reconciliation.
We have suggested them, the moment they received cheque of check from client, the entry should be posted in incoming payment account like this:
Debit Incoming Clearing Account
Credit Customer Account
When actually payment will appear in the main account entry should be posted like this:
Debit Main Bank Account
Credit Incoming clearing Account
Now the question from client is when any cheque or check would be deposited in my bank account there would one entry in our bank statement stating cheque or check deposited but subject to clearing and main account balance should be increased but actually cheque or check has not been enchased yet.
How to handle the scenario for bank reconciliation for incoming payment.

Hi Ashutosh,
Please try to use Payment Order Functionality. This option is available in the Payment Methods in Country in FBZP.
Regards,
Kiron Kumar T.

Bank Reconciliation - Picking wrong accounts

Dear All,
I have configured manual bank reconciliation for our house banks as follows,
GL Codes     Description      Symbols     Acc Mod     Curr     GL Acc          Acc Symbol Desc
102310      Bank ACC 01 - Main                          LK00     ++++++++++++ Main
102311      Bank ACC 01 - Incoming Payments     LK01     +++++++++++1 Receipts
102312      Bank ACC 01 - Cheque Payable     LK02     +++++++++++2 Payments - Cheques
102313      Bank ACC 01 - Bank Draft (Foreign)     LK03     +++++++++++3 Bank Draft
102314      Bank ACC 01 - Bank Transfers (Dm)     LK04     +++++++++++4 Bank Transfers
102315      Bank ACC 02 - Main                          LK05     +++++++++++5 Main
102316      Bank ACC 02 - Incoming Payments     LK06     +++++++++++6 Receipts
102317      Bank ACC 02 - Cheque Payable     LK07     +++++++++++7 Payments - Cheques
102318      Bank ACC 02 - Bank Draft (Foreign)     LK08     +++++++++++8 Bank Draft
102319      Bank ACC 02 - Bank Transfers (Dm)     LK09     +++++++++++9 Bank Transfers
When process using Tcode ff67, LK00-LK04 range is working fine but LK05-LK09 range is picking wrong accounts (ie. It picks from LK00-LK04) range.
Any idea to come across above error ? Appreciate your help on this.
Thanks
Madhawa

Thanks for your reply.
I have 8 house banks and GL codes created as follows,
102310      Bank ACC 01 - Main
102311      Bank ACC 01 - Incoming Payments
102312      Bank ACC 01 - Cheque Payable
102313      Bank ACC 01 - Bank Draft (Foreign)
102314      Bank ACC 01 - Bank Transfers (Domestic)
102315      Bank ACC 02 - Main
102316      Bank ACC 02 - Incoming Payments
102317      Bank ACC 02 - Cheque Payable
102318      Bank ACC 02 - Bank Draft (Foreign)
102319      Bank ACC 02 - Bank Transfers (Domestic)
Iif I create GL accounts keeping with 10 (Main + 9 clearing accounts) will be ok. But I need keeping with 5 accounts (Main + 4 clearing accounts for each house bank).
As suggested, if I keep GL accounts codes instead of mask, is it recomended to keep ?
Thanks

Bank Statement for Reconciliation

Dear All,
What is the disadvantage if we can use Electronic Bank Transfer for Bank Reconciliation.
There are two main obstacles in Customizing to quick and efficient installation of the electronic bank statement:
Creating the files UMSATZ.TXT and AUSZUG.TXT is a complex process. Experience has shown that many implementation errors arise from incorrect creation (format errors) of these files. Using actual files from the bank is also difficult as the files are usually very big.
The open items to be found and cleared using the electronic bank statement must usually be entered into the (test) system manually and with correct clearing information. This information must also exist in the correct fields in the individual line items in the UMSATZ.TXT file (for example in the note to payee fields).
The above information provided in Electronic Bank Statement Implementation Tool as per Best Practice document.
Also understand that many obstacles and other problems faced by many implementation.
Is Manual Bank Statement uploading is advisable ?
Reuqest your help and guidelines.
Regards,
SS

Hi Ravi Teja / Experts,
Thanks for your info and link.
I have already these configuration document.
My question is If we implement Electronic Bank Statement - What is the advantage & disadvantage?
Is it Manual Bank Statement is advisable?
Thanks in advance.
Regards,
SS

Configuration setting for bank reconciliation staement

Hi
pl. provide the configuration setting required for BRS with TC
Thanks
shivaji

Hi,
Electronic Bank Statement
Global Settings for Electronic Bank Statement
You should carry out Customizing for the electronic bank statement as follows: In Customizing for Bank Accounting, choose Business Transactions  Payment Transactions  Electronic Bank Statement  Make Global Settings for Electronic Bank Statement.
Create Account Symbols:
In this step, you create account symbols. You will need these symbols at a later stage to define the posting specifications. Before the posting rules are used, the individual account symbols are replaced by the account to which items are to be posted.
Account Text
AUSG-UEBERW-AUS Foreign out. transf.
AUSG-UEBERW-INL Domestic out. transf
BANK Bank account
BANKEINZUG Bank collection
BANKGEBUEHREN Bank cost
BARAUSZAHLUNG Cash payment
BAREINZAHLUNG Cash deposit
GELDEINGANG Cash receipt
SCHECKAUSGANG Outgoing cheques
SCHECKEINGANG Incoming cheques
SCHECKVERRECHNG Cheque clearing acct
SONSTIGE Other bank trans.
TREASURYAUSGANG Treasury outg. trans
TREASURYEINGANG Treasury inc. trans.
ZINSAUFWAND Interest paid
ZINSERTRAG Interest received
Assign Accounts to Account Symbol:
In this step, you define how accounts are determined for a particular account symbol. To avoid you having to define a separate account symbol for each individual house bank account (each with a different G/L account and separate bank clearing accounts), the G/L Acct field can contain a masked output.
Act Symbol Acct Mod. Currency G/L Acct
AUSG-UEBERW-AUS + + +++++++++3
AUSG-UEBERW-INL + + +++++++++2
BANK + + ++++++++++
GELDAUSGANG + + +++++++++2
GELDEINGANG + + +++++++++9
KASSE + + ++++++++++
SCHECKAUSGANG + + +++++++++1
SCHECKEINGANG + + +++++++++8
SCHECKVERRECHNUNG + + ++++++++17
SONSTIGE + + ++++++++19
SPESEN + + 479000
Create Keys for Posting Rules:
In this step, you create the descriptions for the required posting rules. Each posting rule represents the business transaction on the bank statement in the SAP system, such as a cheque received, a credit memo, or debit memo.
Posting Rule Text
001+ Cash inflow via interim account
002 + Cheque credit memo through bank
003- Cashed Cheque
004- Domestic transfer
005- Foreign transfer
006- Other disbursements
007+ Other receipts
008- Cash payment
009+ Cash receipt
010+ Collection/direct debit
011- Returns collection/direct debit
012- Bank fee
013+ Interest received
014- Interest paid
015+ Payment by credit card
016- Vendor direct debit
017+ Treasury receipts
018- Treasury disbursements
Define Posting Rules/Posting Specifications:
In this step, you create posting specifications for each posting rule. The posting specifications enable you to define how a particular business transaction (such as a credit memo) is to be posted.
Posting specifications comprise one or two posting records Debit  Credit. The first posting record is called posting area 1 and usually involves a G/L account posting (BANK ACCOUNT  CASH RECEIPT, for example). The second posting record, which is optional, is called posting area 2 (CASH RECEIPT  CUSTOMER, for example).
Depending on whether a posting transaction affects bank accounting only, or affects both bank accounting and subledger accounting, you define posting rules either for the first posting area only, or for both the first and second posting areas.
Pstg Rule PosAr PKey Acct (Debit) PKey Acct (Credit) Doc. Type Pst Ty
Cash inflow via interim account 001+ 1 40 BANK 50 GELDEINGANG SA 1
001+ 2 40 GELDEINGANG DZ 8
Cheque credit memo through bank 002+ 1 40 BANK 50 SCHECK-EINGANG SA 1
Cashed Cheque 003- 1 SCHECK-AUSGANG 50 BANK SA 4
Domestic transfer 004- 1 AUSG-UEBERW-INL 50 BANK SA 4
Foreign transfer 005- 1 AUSG-UEBERW-AUS 50 BANK SA 4
Other disbursements 006- 1 40 SONSTIGE 50 BANK SA 1
Other receipts 007+ 1 40 BANK 50 SONSTIGE SA 1
Cash payment 008- 1 BARAUS-ZAHLUNG 50 BANK SA 4
Cash receipt 009+ 1 40 BANK BAREIN-ZAHLUNG SA 5
Collection/
direct debit 010+ 1 40 BANK BANK-
EINZUG SA 5
Returns collection/
direct debit 011- 1 40 SONSTIGE 50 BANK SA 1
Bank fee 012- 1 40 BANKGEBUEHREN 50 BANK SA 1
Interest received 013+ 1 40 BANK 50 ZINSERTRAG SA 1
Interest paid 014- 1 40 ZINSAUFWAND 50 BANK SA 1
Vendor direct debit 016- 1 40 AUSG-UEBERWSG INL 50 BANK SA 1
2 50 AUSG-UEBERWSG INL KZ 7
Treasury receipts 017+ 1 40 BANK TREASURY-EINGANG SA 5
Treasury disbursements 018- 1 TREASURY-AUSGANG 50 BANK SA 4
Returns collections/direct debits are posted to the account for other interim postings, since they need to be postprocessed.
Create Transaction Type:
In this step, you create the names and descriptions for the various transaction types required. House banks that use identical lists of business transaction codes (external transactions) can later be assigned to the same transaction type.
Trans. Type Name
MC MultiCash
Assign External Transaction Types to Posting Rules:
In this step, you assign (external) business transaction codes to a posting rule (internal), which enables you to use the same posting specifications for different business transaction codes.
Ext Trans +/- Post. Rule Int Algthm
001 - 003- 012 Outgoing cheque: cheque number same as payment doc. no.
002 - 003- 012 Outgoing cheque: cheque number same as payment doc. no.
004 - 016- 021 Reference document number search
005 - 016- 021 Reference document number search
009 - 011- 000 No interpretation
020 - 004- 019 Reference no. (DME management)
051 + 001+ 021 Reference document number search
070 + 002+ 000 No interpretation
071 + 010+ 019 Reference no. (DME management)
082 + 009+ 001 Standard algorithm
083 - 008- 001 Standard algorithm
201 - 005- 019 Reference no. (DME management)
202 + 001+ 021 Reference document number search
206 - 005- 019 Reference no. (DME management)
401 + 017+ 019 Reference no. (DME management)
401 - 018- 019 Reference no. (DME management)
402 + 017+ 019 Reference no. (DME management)
402 - 018- 019 Reference no. (DME management)
411 - 018- 019 Reference no. (DME management)
412 + 017+ 019 Reference no. (DME management)
413 - 018- 019 Reference no. (DME management)
414 + 017+ 019 Reference no. (DME management)
415 - 018- 019 Reference no. (DME management)
416 + 017+ 019 Reference no. (DME management)
417 - 018- 019 Reference no. (DME management)
418 + 017+ 019 Reference no. (DME management)
808 - 012- 000 No interpretation
814 + 013+ 000 No interpretation
814 - 014- 000 No interpretation
833 + 017+ 001 Standard algorithm
833 - 018- 001 Standard algorithm
UNALLOCATED + 007+ 000
UNALLOCATED - 006- 000
To enable the bank statement to find the item to be cleared in the vendor direct debit transaction, the bank details must be maintained in the vendor master record. The bank statement finds the vendor using the bank details and the item using the value (if unique).
For algorithm 012, the number interval of the document numbers must be entered in the import report. For algorithm 026, the number interval of the reference document numbers must be entered (SD number assignment = XBLNR in the FI document). For further information on searching for the reference document number, refer to SAP Note 0107592.
The UNALLOCATED transaction results in the bank statement being imported, even if the external transaction code has not been created in Customizing. The transaction is posted to the interim account +++++5 (bank subaccount, depending on bank). Take a look at this interim account after the bank statement has been imported and post the items to the correct accounts where necessary. To ensure that the transaction is contained in the system the next time the statement is imported, define the new external transaction code in Customizing and assign an appropriate posting rule.
Assign Bank Accounts to Transaction Types:
In this step, you assign each of your bank accounts to a transaction type.
Bank key Bank Account Transaction
400500 XXXXXXXX MC
5.5.3 Manual Bank Statement
Create and Assign Business Transactions
In this step, you define an indicator and assign a posting rule for each business transaction.
Tran +- Post. Rule Acct Mod Int Algthm Text
001+ + 001+ + 21 Cash inflow via interim account
002+ + 002+ + Cheque credit memo through bank
003- - 003- + 12 Cashed Cheque
004- - 004- + 19 Domestic transfer
005- - 005- + 19 Foreign transfer
006- - 006- + Other disbursements
007+ + 007+ + Other receipts
008- - 008- + 1 Cash payment
009+ + 009+ + 1 Cash receipt
010+ + 010+ + 19 Collection/direct debit
011- - 011- + Returns collection/direct debit
012- - 012- + Bank fee
013+ + 013+ + Interest received
014- - 014- + Interest paid
016- - 016- + 21 Vendor direct debit
017+ + 017+ + 19 Treasury receipts
018- - 018- + 19 Treasury disbursements
019+ + 017+ + 1 Cash concentration - incoming
020- - 018- + 1 Cash concentration - outgoing
Define Posting Keys and Posting Rules for Manual Bank Statement
The posting keys and rules have already been set up for the electronic bank statement. The posting keys and rules for the manual bank statement are the same as those used for the electronic bank statement.
5.5.4 Cheque Management
Create and Assign Business Transactions
In this step, you define transaction codes for cheque deposits and assign them to a posting rule. You have to specify these transaction codes in the Tran (Transaction) field on the initial screen for cheque deposits.
Tran +- Post. Rule Acct Mod Text
CD01 + CD01 + Direct cheque deposit
CD02 + CD02 + Cheque deposit via interim account
Define Posting Rules and Posting Keys for Cheque Deposit
Two posting rules have been created: Direct cheque deposit and Cheque deposit via interim account. These rules represent two ways of posting cheques in the system. If you only want to post the bank accounting item in the first step and then clear the open customer items, use the Cheque deposit via interim account transaction. This is of particular importance when you have a lot of cheques and you have to ensure that all the cheques in Bank Accounting are posted by 10:30 a.m., for example. Otherwise, you use the Direct cheque deposit transaction in which the customers are cleared immediately provided that clearing information is available.
Procedure
Create Account Symbols:
In this step, you create account symbols. You will need these symbols at a later stage to define the posting specifications. Before the posting rules are used, the individual account symbols are replaced by the account to which items are to be posted.
Symbol Description
SCHECKEINGANG Incoming cheques
SCHECKVERRECHNG Cheque clearing acct
BANK Bank account
Assign Accounts to Account Symbol:
In this step, you define how accounts are determined for a particular account symbol. To avoid you having to define a separate account symbol for each individual house bank account (each with a different G/L account and separate bank clearing accounts), the G/L Acct field can contain a masked output.
Act Symbol Acct Mod. Currency G/L Acct Acct Symb. Desc. (set automatically)
SCHECKEINGANG + + +++++++++8 Incoming cheques
SCHECKVERRECHNG + + ++++++++13 Cheque clearing acct
SCHECKVERRECHNG + CHF ++++++++60 Cheque clearing acct
SCHECKVERRECHNG + USD ++++++++50 Cheque clearing acct
BANK + + ++++++++++ Bank account
Create Keys for Posting Rules:
In this step, you define a posting rule for cheque deposits. The key determines the posting rules for general ledger and subledger accounting. The posting rule represents the typical business transactions involved in cheque deposits.
Posting Rule Text
CD01 Direct cheque deposit
CD02 Cheque deposit via interim account
Define Posting Rules:
In this step, you define the posting rules for cheque deposits and prepare account determination. Depending on whether a posting transaction affects general ledger accounting only, or affects both general ledger and subledger accounting, you define posting rules either for one or two posting areas. You only need one posting area if you post items directly Bank to incoming cheques rather than using clearing accounts, for example.
Pstg Rule PosAr PKey (D) Acct (Debit) PKey (C) Account (Credit) Doc. Type PstTy
CD01 2 40 SCHECK
EINGANG DZ 8
CD02 1 40 SCHECK
EINGANG 50 SCHECKVER-RECHNUNG SA 1
CD02 2 40 SCHECKVER-RECHNUNG DZ 8
User transations..
Bank Reconciliation Process:
1) Input the electronic statement from the bank -- FF_5
2) Acct statement - posting and clearing -- FEBP
4) Post process manually for any missing items -- FEBA
If this helps,please assign points.
Thanks,
Rau

Tables For Bank Reconciliation

Hi,
What are the tables will affect while doing Bank Reconciliation. I need to update one User Defined Field in Payment Document, while doing reconciliation. I got OMTH table, but it is having the data for Reconciliation Acct. , Statement Number, but i need to know which table containing detail of all reconciliation statements.

Hi,
Please Assume the following Scenario.
I have one Outgoing Payment - (DocTotal is 5,000)
Now i have posted one Deposit For 5,000
Now i am doing the Bank Reconciliation
Selected that Outgoing payment and the deposit and i clicked the reconciled button. Now reconciliation was done.
Now in which table these Outgoing payment table data will store
or
In Which Column of Outgoing Payment table will affect once we did the Reconciliation.

Bank Reconciliation (India Specific) for information from Non SAP systems

Bank Reconcilaition to be performed in SAP ECC6 on data received from A Non SAP system
Following is the scenario:
1. Data is received in to SAP for Cheques deposited in to the Bank with a unique Key feild
2. A Bank Reconciliation process is Run on the Line Items received using the Cheque numbers and amounts
3. The honored Cheques need to be Cleared in SAP
4. SAP will require to generate a report listing the Dishonored Cheques and also populate the Key feild against the Dishonored Cheques in the Report
Kindly help as to how this can be acheived in SAP, as teh Automated BRS process is executed sequentialy for every line in the Bank statement received.
Thanks in Advance

Hi ,
Check this link
<a href="http://help.sap.com/saphelp_nw04/helpdata/en/58/54f9c1562d104c9465dabd816f3f24/frameset.htm">DB Connect</a>
<a href="http://help.sap.com/saphelp_nw04/helpdata/en/fe/65d03b3f34d172e10000000a11402f/frameset.htm">XML Connect</a>

Manual Bank Reconciliation Statement for multiple dates

How can we enter ONE manual BRS for multiple posting dates?
Below is the scenario for which we need multiple posting dates in one bank statement.
We receive and enter in SAP the Bank reconciliation statement at the end of every month. The system considers Posting date as end of the month ( the entry date or a single date what we enter). The transactions however belongs to many dates of the month. So while posting the bank statement system considers only one posting date and picks up the exchange rates of one date ( that is the posting date). It results in undesired exchange rate differences.
To elaborate more please check the following example:
1. Incoming Payment on 01-12-09 in USD (USD = Foreign Currency, AED = Local Currency ) with Exchage rate 3.8.
2. Incoming Payment on 06-12-09 in USD with Exchange rate 3.9
3. Incoming Payment on 09-1209 in USD with Exchange Rate 3.7
If all of the above transactions are posted at one posting date the system picks up only one exchange rate at the posting date. However the system should pick up the respective exchange rates on the transaction date.
I hope I am able to communicate properly.
Waiting for your expert opinion forks.
Amir

How can we enter ONE manual BRS for multiple posting dates?
Below is the scenario for which we need multiple posting dates in one bank statement.
We receive and enter in SAP the Bank reconciliation statement at the end of every month. The system considers Posting date as end of the month ( the entry date or a single date what we enter). The transactions however belongs to many dates of the month. So while posting the bank statement system considers only one posting date and picks up the exchange rates of one date ( that is the posting date). It results in undesired exchange rate differences.
To elaborate more please check the following example:
1. Incoming Payment on 01-12-09 in USD (USD = Foreign Currency, AED = Local Currency ) with Exchage rate 3.8.
2. Incoming Payment on 06-12-09 in USD with Exchange rate 3.9
3. Incoming Payment on 09-1209 in USD with Exchange Rate 3.7
If all of the above transactions are posted at one posting date the system picks up only one exchange rate at the posting date. However the system should pick up the respective exchange rates on the transaction date.
I hope I am able to communicate properly.
Waiting for your expert opinion forks.
Amir

Bank reconciliation for Fund transfer

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