Cheque bounce Entry

Hi All,
I have one query related to cheque bounce entry.In sap b1 i don't think there is some special entry for cheque bounce.So what should be done in such condition.If i am doing it by using cancel deposit than the cancellation date is no where reflected in my ledger.
Regards-
Mona

Hi Mona,
B1 will only allow you 2 dates for canceling a check. One is Creation Date which is the original check date and the other is Posting Date which is current system date. If you need any dates in between, you could only put them on the remark field. You may check if this is on the DRQ for your requirement. If not, post it there on:
/community [original link is broken]
Thanks,
Gordon

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Cheque bounced

Hi,
In SAP Business one , how cheque bounced can be handled.
eg.
I have received a payment from customer. And deposited in the bank.
I have used Incomming payments window for receving the payment from customer against the invoice.
Now i have used the depot screen and deposited the cheque in Bank.
The cheque which i have deposited has been bounced. Please let me know how this can been handled in SAP B1.
regards
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Hi Suresh,
I also had this problem and the way I mapped is like this,
I have created two A/C's in the G/L, Check clearing A/C and Cash In-Transit. Whenever I receive a postdated check, I receive it on Account (I mean doctype Account in the Incoming Payment) and selects Check Clearing A/C as the credit A/C and enter the details for Check and pick the cash in-transit for check deposit. Now my receiveable is unaltered and I have a record for the postdated check as well. Now if your check is cleared you can simply recieve cash in the incoming payment from your customer so that your receiveable should be settled and in the deposit window clear the entry for check clearing and cash In-transit. On the other hand if the check is bounced, you simply have to reverse your check clearing and cash In-transit entry.
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Interest on Cheque Bouncing in AR Modude

Hi Experts,
I have typical scenario regarding Cheque bouncing.
Issue:
Interest on cheque bouncing: whenever the cheque bounce will happen at the time of realization, my client will levy the interest on cheque bouncing and charges which should automatically post into system.
And client want to monitor the Cheque Deposit transaction on daily Basis.
The above both scenarios need to be captue in the system.
Thanks&Regards,
Dude

Hi,
The problem in bounced check interest calculation is that system has to identify separatelt the line item of bounced check, which in normal entries seems very difficult. This is because we reverse the payment line item in customer , hence customer account does not contain any open entry for check.You can adopt one wokaround, but check the feasibilty of it in reporting tems.
When a check bounces you can use special gl account to reverse the entry. Thus instead of reversing it to normal customer account line item you will take it to special gl account. Effectively your customer balance will tally when you look at it including special gl. Also you can define interest terms for this special gl line item in configuration.
This workaround requires constant monitoring of the balances in special gl and its corresponding entries in main gl. To make it easy you can use assignment field to record customer code and check number.
Check deposit can be monitored on daily basis by checking the bank incoming account and check bounced report can be taken from the above customer special gl account.
Regards
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Cheque Bouncing Transaction

Dear Experts
Can you please help me in ressolving a issue/querry.
How to trigger Cheque bounce/ dishonour of cheque transaction against Customer payment in SAP?
I have sugested to clients like this :
"A/Cs Receivable - Customers u2013 One way possible
Here as we are not maintaining any check lot no. for customer bank, it
would not be possible the cancel the check through FCH8. The manual way
of doing it, is to change the assignment/text field of payment document
in FB03. Go to T.Code FBRA reset and reverse the document there.
By this in FBL5N u2013 Customer line item, the assignment field will be
updated and will be populated in Statement of account.
If we maintain in the assignment/Text Field while manual resetting
and reversing the Customer Payment Document as said in Solman. And give
ChequeBounce* in Assignment filed in further selection criteria of
FBL5N, we will get the output for payment document (reversed) for
Cheque bouncing."
My client is not accepting this. If you have any other way of doing it, please let me know urgently. Is there any pre- defined transaction.
Regards
Avi

Check if you can use the functiomality of Check Deposit . While receving the cheque from customer post to a clearing account and then after is cleared post to the original bank account.
Also possible to use the functionality of manual or electronbic bank statement here. Define a seperate business transaction for cancellation or dishonour.
The details can be sent to the customer using the appropriate correspondence type like Failed payments (SAP12).
Thanks and regards
Kedar

Cheque deposit entry

Dear all
Our organization is following the system of customer cheque deposit entry through FF68 and SM35 transactions.
In the initial step we do cheque deposit entry through FF68 and G/L A/C effect is done through SM35.
Now my query is i deposited cheque with FF68 and in SM35 by mistake i deleted the session , so there
are any ways to restore those session back which are deleted because cheque deposit entry has effect in FEBEP table
but when we delete that session , the transaction doesn't get deleted from FEBEP table.
Earliest help is highly appreciated.
Regards
Viral.

Hi,
The entry in the table can be deleted using program RFEBKA96.
Maintain the application as 0002 and in the ID give the short key of the transaction you want to delete.
Use this program very carefully else you might end up deleting other transactions.
Once the deletion is done you may process the transaction FF68, create a batch input.
Before proceeding with this process you may try out the process in the quality server and once when you are comfortable with the process you may execute the same in the production server.
Hope this helps you.
Regards,
Sameer

Regarding Cheque bouncing

Dear All
My client is asking that after posting the cheque for Depositing .....some days the particular BP cheque has Bounced in this case he wants to track that Particular cheques which has bounced......Once if it has bounced he wants to cancel the incoming Payment .. how i can do it?
Edited by: kaleeswaran.T on Jun 23, 2011 8:38 AM

HI Kaleeswaran ,
Just go to that payment , for which the Cheque is bounced.
Right Click on the document and choose Cancel, two dates will be there Original Date and Current Date.
Choose one of them as per need .
And click on OK.
Your cheque will be canceled automatically .
Check the report in : Cheque register Report .
Thanks
Ashish

Posting rule - Cheque Bounce - Bank Statement Processing

Hi friends,
I am configuring for bank statement processing.
Among the posting rules I have to set, I am doubtful about the posting rule (debit, cridit, & account symbol.) for the 'cheque deposited bounced' & 'cheque issued bounced' transaction.
Kindly offer your valid advice on this.
Points will be given for the helpful answers.
Regards
Babu

In the definition of the level 2 posting rule, you have a couple of options. You can leave the posting rule type as a subledger clearing and specify a "Posting on acct key". With that SAP will attempt to clear, but if it can't it will use the posting key specified to post on account (FB01).
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Shannon

How to cancel cheque deposit which is bounced

We are depositing cheque into our Bank after posting Incoming payment. Now after 4 days we come to know that the cheque is bounced. How to track this & cancel the transaction?
Kindly tell me the process how to deal with cheque bouncing in SAP B1.

I had posted multiple cheques in one Incoming Payment document. After posting the Incoming Payment, we went to Depost screen. We deposited the cheques into the relevant bank accounts. After 3 days I found that 2 cheques have bounced. Now I am going to Banking --> Outgoing Payments --> Void Checks for Payment .
I am trying to find the cheque number from there. And trying to reverse the cheque. But it is showing the error- No Matching Records Found.
Please advice what exactly we have to do?

Cheque Return - Received in Cash Desk

Dear Friends,
I had taken an incoming cheque Payment using cash desk in FPCJ. After 3 days , I made a return entry for the same cheque through a return lot FP09 as bounced, But it shows the following error,
Returns are not allowed on cash journal payments
Message no. >2687
Diagnosis
You want to post a return on a payment document which was generated due to a posting in the cash journal (using a payment lot). This is not allowed, because the related cash desk is already closed. The balance in the cash desk can no longer be adjusted, since this would result in an incorrect balance.
So how do you pass the Cheque returns entry for cheque payment in Cash journal ? Has anyone of you experienced the error? Any suggestions to resolve the same.
Thanks and Regards,
Rajesh

Hi ,
The problem you are facing is genuine .
As of now the current support packages doesnt seem to support this functionality .
Kindly go through the following SAP Notes 1311357 and 1459852 , which talks about the problem in detail .
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Cheque Deposit And BRS

To SAP Guru's,
I have a problem regarding Cheque deposit configuration
Can any body explain me cheque received with clearing and cheque received without clearing with accounting effect what posting type selected while we preparing posting rule for both and why.
And anothe allso relates with BRS
what posting type we selecte
1. when we prepare posting rule for cheqe bounce from customer
2.Wjen We prepare posting rule cheque Bounce to vendor and why ant what is the accounting entry before executing BRS and allso after executing the BRS.
Full point to be assign.
Regards,

Hi
cheque received with clearing : cheque received for clearing (customer item) is posted against an open item and one it is posted, the open item in the customer gets cleared.
cheque received without clearing : Please explain the scenario where you get such a cheque.
BRS related : Bouncing is not normally configured for BRS as you come to know the bouncing only when you get a statement from the bank. Otherwise it is taken as good and treated as cleared. And I hope the frequency of such transactions would be lesser !!!! Normally you can just reverse the clearing document posted and then the open item will come back to its formal state.

Rolling back of Quick Pay Pre-payment and Quick Pay in case of void cheque

Hi All
I am facing an issue if you can help me out of if
Here is a scenario
a payroll manager runs the following processes.
1. Payroll run
2. Pre-Payments
3. Payroll Archiver
4. Payment Output file
After running all these process payroll manager finds that he also has to make an adhoc payment on account of car loan of AED 150,000.
So he runs following processes
1. Quick pay for Car loan
2. Quick pay pre-payments (payment made through check)
3. payroll archiver
4. Cheque Writer.
Now due to some technical fault, alignment on printing of cheque becomes disturbed there for cheque misprinted.
Payroll manager runs Void Cheque process to cancel the cheque.
After all these processes which has run successfully, order comes from upper management to rollback quickpay for adhoc payment of loan.
Now question is how it can be achieved.
I tried different things as follows
On Assignment Process results screen i queried the assignment which all the processes in descending order.
I tried to start roll back from cheque writer but system didn't allowed to do this because of check Void process.
I tried to start rollback from Magnetic report, system allowed to roll it back.
Then i tried to rollback Quick-pay prepayment, system did not allow me be do it. There fore i couldn't run rollback for Quick-pay.
There is an another thing i tried.
On "Assignment Process Result" screen i queried assignment. Then i delete the first entry of Void cheque by using delete option from menu bar on top and saved the record. then i delete cheque writer entry and saved the record. Then i run rollback for quick pay pre-payments and ran it successfully and then lastly i ran rollback for quick pay run.
One thing cautioned me that if I delete the void cheque entry then its history may be lost or have lost and on the other hand with out deleting void cheque i cannot proceed to rollback quick pay.
Kindly tell me the best way to run rollback for quick pay in this situation.
Regards
Majid

Bt do not provide broadband only so you need existing account holder to add broadband to phone account and then you can pay back the account holder - probably not what you want
the 12 months advance applies to the line rental not the broadband - as I said BT do not sell broadband only you buy a package which includes phone
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Issue in bank reconciliation

Hi
I have an issue in manual bank reco. We have a scenario in which there is a cheque bounce in the account. The system is generating entry for cheque issue using T Type IN01
Bank Subledger Dr
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IN02      1                                  BANK     50                        IN_CHQ_PAY   ZR    9          02
The account assigned for IN_CHQ_PAY is the Bank Subledger for Cheque issue.
Pls suggest what could be the error
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Sanil Bhandari

Hi
I am using batch session. we are entering the cheque number in reference field in FF67 in T type IN01 and also the chq issue reversal T Type as IN02. Pls suggest how the same should be processed
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Reason Code for Reversal

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When I am doing reversal of any document using FB08, I am giving reason code as Cheque Bounce or some other reason code. But when I am viewing the same document, the reason code is not available.
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Thanks,
Deb

I have tried with all fields you have mentioned, but unable to find the entry for the reason. I think there could be some problem in "Reasons for Reversal" settings in SPRO. There have 2 combination of selections, 1 for negative entries and another is for Alternative Posting dates. I have also tried with all the combinations, but still it is not working. Please advise if there is some other combination or assignments for these codes to somewhere to get the desired results.
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Deb

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