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.

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Cancel or Delete a Bank Transfer Incoming Payment.

Please advise how I can cancel a ( bank transfer) incoming payment. Our client has entered two incoming payments which are both bank transfers. One needs to be canceled. Thank you for your help in advance.

Darpal,
Bring up the Incoming Payment
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This will cancel the incoming payment.

REG: Bank Reconciliation field

HI
I need information on bank reconciliation
i have to develop a report regarding bank reconciliation
where it shows following things:
1. bank book balance
2.cheque deposited but not credited by bank
3.cheque issued but notpresent in bank
4.Amount debited by bank not credited by us
5. Amount credited by bank not debited by us.
6.balance as per bank statement
now i got some issues regarding 4 and 5
FEBKO is header table
i was asked to use FEBEP table for line items
in that i was asked to filter out customer amout , vendor amount
and the remaining amount of line items is bankcharges as told
by my functional consultant
but i want a field which filter out these vendor and customer
amounts iam assuming it as FKOA1(Account type) from table
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iam in necessary of it replie as soon as possible
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The payment tables is your solution.
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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:
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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.
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Hi Douglas
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A report which displaies Bank Incoming payments for each Customer

Hi All,
could anyone show me a report which displaies the Bank Incoming payments for each Customer?
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Gandalf

Yes u can very well see the Off setting account ( Bank account number ) in the line item report.
For that small customization is requiered so as to activate the off setting account display in all line item report.
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PathIMG u2192 Financial Accounting u2192 Financial Accounting Global Settings u2192 Business Transaction Events
1                    Active Settings
Setttings u2192 Products u2192 u2026 of a customer
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Product                        -            OFF
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Active               -            Yes
Setttings u2192 P/S Function Modules u2192 u2026 of a customer
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Ctr                               -            (Leave Blank)
Appl.                            -            (Leave Blank)
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Hi all
Can any one advise me where I can fill the information of customer bank detail while creating incoming payment by Check ?
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Rini

Hi,
By bank detail do you mean the Bank Name, Branch and Account? These information can be set in the business master data. In the Payment Terms tab there is a portion about Business Partner Bank.
There you can add the bank details.
See this help file for more information:
http://help.sap.com/saphelp_sbo882/helpdata/en/1d/bbc2e2c0704b308577aabbae3ac25b/content.htm?frameset=/en/44/f3e883c4b80…
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Hello folks, could you please help Toine on this issue?
"We want to post incoming payments in the manual bank statement which
have to be cleared with open items of a debtor in another company code.
What customising settings do we need for such a posting? We are not
able to make the posting in our system."
Thank you.

Hi,
this answer does not help very much, the SAP message also told the same. In customising for transaction 1000, variant 0001 type 04000 is assigned (standard SAP delivery). Therefor I think that the postingrules for the manual bank statement are not correct.
We use two posting rules for a payment:
The first in posting area 1: 40 / bank account number debit; 50 / gl account credit posting type 1
Second in posting area 2: 40 / gl account, no credit postingtype 8
For a payment of a debtor in the same company code this works correct. But if the payment is destined for a different company code (the field for the different company code is in the variant for FF67), this doesn't work. Should we use other posting rules and if so which ones??
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Incoming Payments - Default account in Payment Means tab Bank Transfer

Hi all,
I want the G/L Account in Payment Means (Incoming payments) - tab Bank Transfer to be set by default.
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Hi,
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SAP Business One Forum Team

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Hi All
Please help me out of a Query.I jus want to make report on incoming payments.
I have written query to report all incoming payments made by customers.But when i try to capture the cheque details i am not able to capture the bank Name of the cheque.Since this field is not listed in RCT1 table.
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The BankCode is only available in RCT1. To get the Bank Name you need to Join the Bank Codes table
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Hello Ercol,
The way in which I would do this is as follows:
receive 995 Chf in the incoming payment against you BP, after all this is what will appear on your bank statement. This will leave 5 Chf outstanding on the BP Account. Create a journal using your bank commission account and BP account to clear that remaining 5 Chf and reconcile.
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Hi,
I am working on Electronic Bank Statement. I have set up the posting rule to clear incoming payments from Customers. Basically since we do not receive Customer Invoice No. in our Bank statement file (MT940 file being used), we post Incoming payment entries in F-28 and maintain payment transaction Number (16 digit No. for RTGS and NEFT) as Reference Number in field XBLNR. And when I upload the file, I am able to clear all those payments which I have made through F-29 ie Down payments whereas I am not able to clear incoming payments posted through F-28.
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Hai Bishnu,
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Hi, Experts,
When I was trying to post a deposit (for an A/R Invoice) to the bank account. I click 'Banking - Incoming Payments - Incoming Payments'. But there is a error message saying 'Linking primary sales accounts has not been completed'.
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Lorrie

Hi,
Check Note No. 871509 if the same applies to your case.
Request you to kindly check the following :
1. First define revenue account under administration->setup- >financial   ->G/L account determination -> sales tab and check whether the issue was solved or not.
2. if the error still exists after step 1, you have to define all the
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Even if there are no bookings to go on a primary sales or purchase account, an account must be defined for SBO to work. Ideally, ALL sales, purchase and tax accounts should be defined. Once the account code is entered, the error message disappears and SBO works normally.
Other possibility is that one of your primary accounts is defined
as "confidential". (sales/purchase/Cash etc..)
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Jitin

Deriving the profit center / segment during Bank Reconciliation

Hi SDN,
One of our requirements is to generate a Financial Statement by Segments.
For this reason, we also need to derive / tag our Bank Reconciliation documents (Manual and Electronic) to the corresponding profit centers or segments. The problem though is that during FF67 or FF_5, there's no way we can enter these data.
At the same time, we can't set a default profit center via FAGL3KEH since these bank accounts may be used for multiple profit centers and not defaulted to one only.
My question now is, can we use the document splitting functionality so that we can "inherit" the profit center / segment from the payment document during bank recon?
To give you an idea here's a sample flow of what we wanted.
Customer Invoice (GL view)      - OK in the system
Dr Accounts Receivable (profit center 1) *inherited
Cr Revenue Account (profit center 1)
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Dr Incoming Clearing (profit center 1)
Cr Accounts Receivable (profit center 1)
Bank Reconciliation
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Cr Incoming Clearing (profit center 1)
Currently, system does not inherit the bank reconciliation document to the right profit center. Is there any way we can do this in the system?
Thanks

Dear,
During bank Reco system inherit the Profit Center from the document which it is clearing. There is no need to maintain Default the same in FAGL3KEH.
Please activate splitting at Profit Center level.
Hope this helps!!
Br,Vivek

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1 incoming payment of $900 dated 1.8.08 has been linked to 3 AR invoices (dated in July), in the incoming payment window.
The 3 invoices have been pauid in full (NO part payment where made).
When running the customer aging report dated 16.9.08, the incoming payment receipt of $900 appears, but the 3 invoices appear to have been reconciled.
Why could this be occuring? How can I reconcile the invoices against the payment correctly?

Hi,
Please check for the Business Partner, for whom the Invoice were raised, the following :
1) Goto the Banking Module > Bank Reconciliation and Statements and Manage Previous Reconciliation
2) Enter the Business Partner and check the reconciliations.
When you highlight the row the details of the reconciliation are shown in bottom half of the window.
If you find the Invoices and the Payments, the same are reconciled.
However, there can be a chance that there is/are Credit Memo raised for the Invoices which are paid by that Incoming Payment and you need to Manually reconcile the transactions together,
Please confirm about the Credit Memos for the Invoices linked in that Payment.
Hope it helps.
Regards,
Jitin

Automatic bank reconciliation with Electronic bank statement

Deal All,
As mentioned in the subject of this mail, this is to request for your inputs to advice the configuration steps with process for Configuration of Electronic Bank Statment in R3 to eneble the user for automatic bank reconciliation with clearing customer/vendor open items.Please send confi doc.
Request you to provide documentation if possible along with your valuble advices.
cvs

Hi
I implemented the EBS in my company 4 month ago and here are some advises on the problems i experienced in the setup process. As for the setup process it is straightforward just read the manual at help.sap.com.
We used the MT940 format for importing bank statements from our bank.
The first thing i would advice you to do is make a list of all the possible transactions that are to be handled by the EBS application.
Then make estimation of how many payments that are recieved in constant structured way which the EBS can handle. (invoice number in the text)
The people in our accounting department complained alot about the output format in the EBS not being userfreindly compared to the advises they recieved in e-mail form from the bank so if not the bulk of your payments can be processed automatically it might not be worth the trouble to implement it. (i still think they uses the the email to postprocess the transactions that was not automatically cleraed)
Make sure you havent got any other applications handling some of the transactions that are contained in the bank statement because this wont work. eg. we had a program automatically placing fx trades on customer and bank account which meant that when we recieved the fx trade on the statement it was already placed and therefore had to be placed on a interims account for later reversal.
We get alot of bankcharges on our payments and we set up the EBS to place them automatically on a bankcharge account if the difference between the recieved amount on the invoice was less that 30 dollars.(we just assume that a difference is a bank charge) This means that a customer if he wants to always can pay x dollars under the invoice amount because it will be automatically processed and therefore go unnoticed.
Establish a contact in your bank who knows how their MT940 format has been structured.
Then contact your bank and get them to provide some test statements of old bank statements.
Make sure that you are not the first customer for using the MT940 format or else you will end up being ginny pig for the banks possible mistakes.
As i learned the way banks interpret the MT940 format guidelines can varry quite alot eg. the ocmt field our bank interpreted as the original payed amount in its original currency. SAP inprets this field as the recieved amount in its original currency and therefore it always try to clear the OCMT amount if availleble which meant it always tried to clear the original amount even though there had been taken som bankcharges underways.
I also found out that our bank didnt really bother to specify the type of transaction (interest, fx contract, bank charges, check and so on) which meant we only had two external transaction codes availleble s103 for incomming payments and ntrf for outgoing payments. This gave alot of trouble as i had to identify the type of transaction through seach algorithms.
Our bank also had trouble creating the MT940 file because it has a limited number of characters availleble which meant in the initial file that it only gave the first x characters of each line and then left out the rest. This meant that the text was broken into alot of pieces and you hardly ever had a complete invoice number to clear on. We had the bank altering their format so they now leave out text at the end of the transaction instead.
In the implementation process we experienced that the EBS application created a payment advice each time the amount of the payment didnt match the invoice in the system. We implemented a note from service.sap which disabled this and just assigned the difference to a bankcharge account.
I dont know if you can use these advices but just felt i would try to warn you about the potential problems that i experienced in the process. .
If you have concrete questions to the EBS setup feel free to contact me and i will see if i can help you.

Bank reconciliation incoming payment

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