Bank Sub-Account clearing during FF.5

Hello All,
We would like to know is there any way to clear the Bank Transitory Account at the time of FF.5(Bank Statement Processing in SAP).
Typically the postings in the case of Vendor Payments are as below
At the time of APP(F110)
Vendor a/c                      Dr                   XXX
     Bank Sub-Account     Cr                              XXX
At the time of FF.5
Bank Sub-Account          Dr                    XXX
       Main Bank Account   Cr                               XXX
At this point, Bank Sub-Account Debit and Credit are lying as open items. Our expectation is to clear the Bank Sub-Account(Dr & Cr) as the balance is 0. This also needs to be achieved at the time of FF.5 also.
This can be achieved through F.13(Automatic Clearing), based on the criteria as an additonal step. But our Customer expects this to happen at the time of FF.5 only.
Any pointers to the above problem would be of great help.
Thanks and Regards
Balaji Kancherla

Do the transactions in the bank statement match one-to-one with vendor payments in the bank sub-account? That is, the amount of a bank statement transaction matches the amount of the open item in the bank sub-account. If so, set the interpretation algorithm to 000. When the amounts match 1-to-1, posting type 4 is all that should be needed - SAP will clear on the amount.
If the transactions in the bank statement are one-to-many - one bank statement transaction for multiple vendor payments, then you will probably need an interpretation algorithm and possibly a search string. What you need depends the information available in the bank statement to tie the bank statement transaction to the open items.
Regards,
Shannon

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Clearing Bank Sub-account using F-03 creates FX diff for FX invoice

I make payments in foreign currency with my online FX provider.
I enter the invoice (FB60) in foreign currency (eg IDR 200,000,000).
I then clear the invoice with a payment (F-53) again in foreign currency (eg IDR 200,000,000), overriding the SAP generated OB52 FX rate to match the FX rate that was actually used when purchasing the IDRs to make the payment.
The withdrawal from our bank account (eg AUD 25,000) is posted via FF_5.
The local currency amount of the Payment is the same. (eg AUD 25,000)
Viewing the bank sub-account in FAGLL03 shows a debit and a credit of AUD 25,000.
When I manually clear the bank sub-account using F-03, I set the currency to the local currency (AUD). The amounts from the payment side now appear as different AUD amounts.
I select the transactions that I want to clear. There is a balance which becomes zero when you toggle between Clearing Currency and Local Currency when you click the "Clearing Curr <> Local Curr" button.
I am forced to charge off the Clearing Currency difference and enter an FX gain or loss item.
When I simulate, SAP automatically generates offsetting FX gain or loss items. They have Document Currency AUD zero amount, Local Currency AUD non-zero amount and post to the Cost Centre that the original expense was posted to on the FB60 invoice.
Is there a way to avoid these FX transactions as all I'm doing is a clearing for bank reconciliation purposes on amounts that are the equal? There is no actual FX gain or loss.

Hi,
When you select open items within clearing procedures, the amount in local currency is recalculated as at the translation date/clearing date from the foreign currency amount.
The solution is we have to set flag u2018No exchange rate differences for clearing in local currencyu2019 through SAP Configuration (Transaction code: OBY6).
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Krishna Kishore

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).
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Thanks & regards
Ramesh Nair

Hi,
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.

F110 Grouping for posting bank sub account

Hello,
We use F110 transaction for vendor payments by electronic transfer.
For each vendor, we have a G/L entry grouping all invoices/credit notes with the dedicated bank sub account.
So for 50 payments (to different vendors), we have 50 G/L entries for example.
We would like to have one more automatic entry in order to solve the value of the bank sub account to another bank sub account.
The goal of this entry is for having a better clearing when the electronic bank statement is integrated in the system, because for an electronic transfer of 50 payments, we only have one line in the bank statement.
What can we do to get this automatically ?
Would appreciate some information in this subject.
Thanks
Nicolas.

That should be fine

Bank sub accounts concept

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 Sub Account Testing

Hi All,
I Have changed Bank sub Account from one to other for the Payment Method 'D' by using FBZP. How can i check whether it's taking to the correct account or not ? How can I test ?
Thanks...

You are asking very strange question.
System should take the GL account which you maintained in the OBVCU
If you have any doubt, create one vendor invoice with this payment method and done payment.
Go and check the accounting entry, there you should find the GL which you maintained in the transaction OBVCU
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Murali.N

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Hi Gurus,
I would like to define Bank Sub Accounts when presenting bill of exchange at Bank. But when clicking Bank Discounting Charges, the system doesn't give an option for New Entries. What could be the probable reason ? Please explain.
Thanks
Mohit

un need to assign sub account for boe (whether discounting or collection) in img .
assign me points if is useful

Bank account vs Bank Sub account

Dear Friends,
Can anyone please explain about the Bank sub-account.
Kinldy explain the difference between the Bank account and Bank Sub account.
Thanks and regards,
Mahendra Dev

Bank Account and Bank subaccount are linked not in any table but just for the number of the account. As mentioned before tipically you will use (in. ex) this account number for bank account (depending on local chart of accounts) 120000 and you will use the same account number ending with 1 or 2 or... for the subaccounts:
120001 - cash income
120002 - cash outcome
it is just an example ¿ok?
In some extend you can set in accounts master data (FS00) the Bank ID and Account ID and you may set the same IDs for Bank Account and Subaccount. This could be useful sometimes for reporting etc.
In bank determination: FBZP-Maintain Paiment programBank DeterminationBanks Accounts you will set the bank subaccount depending if payment method is for incoming (direct debit...) or outcoming (transfers to vendors...)
if you use electronic bank statement you will configure the bank account and subaccounts in:
OFTDBussines VolumeEBSOT59 (postings rules)Accounts
Regards

BANK sub gl clearing problem

Dear All,
In my client place the are having one main gl with 4 sub account gl . from 2001 still now they are not run the brs process.
so we done transfer posting with clearing f-04 and transfer the all sub account gl amount to main gl with clearing. for the some of the amount the post jv to transfer the amount to sub gl account to main bank gl account.
When we run the FBl3n it showed in open item and with tick mark of status . Why it is shown in open item . Please clarify how to make it in cleared item.
Girija

HI Girija,
if I am not wrong you want to clear your GL Account which you have transfered posting from incoming / outgoing to main bank account throug JV, you need to use T. Code F-03 to clear your Sub GL's.
If your query is different please let me know.
Thanks,
JA
Edited by: javeed ahmed on Nov 26, 2009 2:23 PM

Bank sub account

Hi Friends
What is meaning of Bank sub accoun in FBZP Bank determinationn
Moderator: Please, read SAP material on bank determination

Hi,
This is standard SAP design meant for Bank Reconciliation Process...
Main Bank account is entered in the House Bank Master Data.
Subaccount is entered in FBZP so when payment is made through APP then account entred here is credited. When person responsible processes the Bank Reconciliation then this account is debited and Main Account is credited.
Regards,
Chintan Joshi

Automatic clearing bank GL accounts

hi friends,
we have a problem with automatic postings today we are getting bank statements
from the bank for the salaries payments we have made, Automatic clearing is happening when we are receiving the bank
statements it is clearing the bank clearing account but we want to clear another
GL account eg: wages account which we are doing manually today by a debit
entry on wages GL account and credit clearing account. friends how should this be possible automatically.
correct me if i framed the question rite?
its urgent!!!!
thanks
regards
charlie

Hi Vishal,
I have changed the sort key on Bank Sub Account to Amount in Local Currency.
When I am posting the payment document, the amount is getting populated in the Assignment Field.
But the problem is coming when I post the Bank Statement. I tried to post the Bank Statement through Batch (SM35) to see what is getting populated into the Assignment field. The assignment is getting populated from Header Text, which is differing from Amount in Local Currency.
If I change the manually to amount and post it, then it is clearing based on the clearing criteria set to amount in local currency. But this is not possible to change manually, as there could be number of items.
Could you please let me know me know at the time of posting of manual bank statement I should be able to populated the value mentioned in sort key i.e., amount in local currency, but not the Header Text.
Any valid inputs will be highly appreciated.
Regards,
Ravi

Diff btw Bank account and Sub account ??

Hi all,
Whats the difference btw Bank account (main) and sub account. Why we should mention BAnk sub account in BOE config. Why not Bank account ??
Suresh

Hello Mr.Suresh
The bank main account is the account where u can find all ur bank transactions at the end of the day and statement of which u can generate as Bank statement at the end of the day.
Bank sub acounts are the GL accounts created in FI-BANK module where we keep all the open transactions which are still not clear.
I will give u One complete scenario
My bank account is ICICI ( main bank acoount)
My sub accounts are -
Cheque issued clearing account ( maintened as open item basis,line item display)
cheque Deposited Clearing account ( maintened as open item basis,line item)
when u receive the cheque from Customer ---
Dr - Cheque Received clearing account
Cr - Customer accountBut Blance is in that account till u deposite in ICICI and ur cheque get cleared.how u will com to know that it is cleared?when u get the confirmation from the bank or the statement u get.
then u will post another transaction to clear the sub-account. entry is ---
Dr - ICICI Main bank account
Cr - Cheque Received clearing accountSo u can now check the balance in FBL3N or in FS10Nnow there is no open itme in the bank sub account.rather it is clear and the balance in the main bank ( ICICI) is increased.
Similarly it happens with the cheque issued clearing account ( from vendor side)
while creating the GL account u need to be very careful in numbering the GL account as it will affect while mapping in confuguring the manual bank statement.
eg-
Main bank account 250000
Cheque deposit clearing account 250001
Cheque issued clearing account 250002
Masking in configuration -
Main bank account +++++0
Cheque deposit clearing account ++++1
Cheque issued clearing account +++++2
same would be for all the house banks
SO all these accounts are created in ur house banks of the company

Bank main n sub account

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

"Open Item Managed" for Bank GL accounts

I am trying to tell my users that they should set the bank GL accounts (not the bank clearing account) as "open item managed". Our users have been clearing the bank accounts down to make it exactly the same as the bank statement. All the SAP Helps and manuals suggest that bank accounts shouldn't be open item managed. But what is the implication? Is there any auidt issue?
Thanks

Hi
The main Bank Account is the GL Account that is used for all the accounting transaction by default including the payment transactions. Bank Sub Account is used as a clearing account for payment transaction to track the payments that are not yet cleared by the bank. It would not make sense to make the main Bank account Open Item managed from accounting perspective. This account will come into picture when actual clearing happens and gets confirmed from the Bank.
It may not be an Audit related perspective.
Anuradha Ambekar

Bank Sub-Account clearing during FF.5

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