Cheque deposit functionality

Hello guru's,
can you please explain me the cheque deposit functionality we have in SAP FI?
i have posted a customer invoice and then in transaction f-28 i posted an incoming cheque which clears the customer invoice.
what happens next? how can i assign a cheque deposit to this incoming cheque and also how do i enter the bank statement?
Thanks.

Dear,
After creation of invoice you can do it by using FF68 for check depositing. F-28 is not necessary for this. Here your Check deposit (Incoming) Bank a/c will be debited and Customer will be credited. After clearing the check you have to enter in BRS -FF67, Your Main Bank will be Debited and Check deposit account will be credited. That means Your Deposit (Incoming a/c will be knocked off) and Main Bank will be debited.
For this you need to configure BRS settings under this path SPRO> FI Acctg> Bank Acctg> Business transactions> Check Deposit and Manual/Electronic Bank statement.
Regards,
Dharma Rao. Yekula

Similar Messages

Incoming Payment - Deposit function

Hi All,
My customer have a scenario whereby when received cheques from customer, it will bank into their account only after few days but however, other departments that is in charge of chasing payment, wanted customer balance to be clear so that they will not mistakenly chasing payment for those customer that in fact has paid up.
Any idea what function can I use for this purpose? I was thinking of using deposit function but do not know how to use this as previous customers does not require to use this function. Would appreciate if anyone could tell me how to use this function, thanks.
Regards,
MH

MH,
It is really simple:
When you create Incoming payment for Customer the Customer Account (AR balance) is reduced. If you have used a clearing account then the debit will post to this account.
The deposit function simulates the deposit of checks at Bank. So,
Debit Bank A/c
Credit Checks Clearing Account.
Out of the box if you follow these two steps it should work perfectly.
Process Incoming Payment and then Deposit.
Suda

Cheque deposit(ff68)

Dear all,
Can anyone explain in detail the purpose and use of cheque deposit?
Will award good points.
Thanks well in advance.
Regards,
AR

This function is used to enter checks you receive.
After the input in ff68 is complete, you can access the additional functions to further process the entered checks:
On the entry screen, the system will display different fields for each account assignment variant you choose. Depending on the number of account assignment fields in a variant, up to three lines are available for entering a memo record.
You can change the account assignment variant at any time during processing. If you have used more account assignment fields than are available in the current variant, the system will display this information in an additional field.
You can, for example, enter several document numbers and different invoice amounts for one memo record. This is useful if a customer pays several invoices with one check. The system highlights the account assignment field when you have entered several values in it.
You can also print the check deposit list directly from the entry screen.
To do this, choose Check deposit trans. Print Individual list.
You can also print a totals list for several check deposit lists.
To do this, choose Check deposit trans. Print Totals list.
The system displays a dialog box in which you can enter the selection features (for example, User, Entry date, Group) for a totals list.
Please assign points if helpful.
Julia

Cheque Deposit

Hi
We have an issue for Bank Deposits. We are using T Code FF68 for deposting cheques on Mass. The system should pass the following entries
Bank Cheque Deposit A/c Dr
To Customer A/c
In the Posting keys for cheque deposit, I have specified for IN91 the posting key as 40 for Account Modifier IN_CHQ_DEP and for the credit side i have assigned the posting key 15. I have assigned the Posting Type as 3. Now, while posting the transaction FF68, system is not generating any accounting entry and is giving an error in the log. Pls suggest
Regards
Sanil Bhandari

Hello,
Please concentrate on posting type and document type at the end of the screen.
In addition make sure all relevant bank statement settings are completed.
I would suggest you post in batch and foreground. You will come to know what would be the error.
Regards,
Ravi

Stop using the deposit function - change default G/L account

We originally configured our system to use a separate clearing account and the deposit function for cash, credit card, and check incoming payment types. Now, we would like to change that and post payments directly into our cash account without having to go through the deposit function. I have two questions regarding this. 1.) Would this cause problems in the future, and 2.) when I go to set the cash account as the default account in the G/L Account Determination window for Checks Received, it will not let me choose or directly type the cash account. It will allow me to choose any account starting with our clearing account numbering. What would be the reason or resolution to this?

Hi!
If you select a different acc (cash acc) in Check tab, i belive it will affect the Cash flow report.

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.

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

Bank Account identification in cheque Deposit screen

Our client has 7 bank accounts for different puposes. They want list of bank accounts to be shown along with each incoiming payment transaction in Cheque Deposit screen to indentify which transaction will go to which bank account. There are many incoming payment list in the cheque deposit screen. Client is not able to track which transaction should go to which bank account.
I have tried to give the client bank account details in payment means of Incoming Payment, but it is not showing any bank account number in the drop down list. Please suggest how the account number should show up in the payment means list of Incoming Payment.
I have also tried adding the account numbers from Bank Setup & House bank. Still I am not able to find the bank account list in payment means in Incoming payment. Although the same update is showing up in Outgoing payment, payment means account list.

HI
For that,you need to specify 'Business partner Bank accounts' under 'Payment terms' of BP master data.

Check Deposit functionality for vendors

Whether check deposit facility is available for Vendors (cheque received from vendors) also. If yes how to configure that so that sub ledger posting is done automatically that is
Bank Dr.
Vendor Cr.

Hi Jyoti
It should work for vendors also.
Also refer to link http://help.sap.com/saphelp_47x200/helpdata/en/b1/6bf23b37687c24e10000000a114084/frameset.htm
Thanks
Ashok
Assign points for useful answer

Ff68 cheque deposit

Hi SAP GURUS,
I am looking for the complete config for the FF68 & its user manual.
Thanks
Cheers

This function is used to enter checks you receive.
After the input in ff68 is complete, you can access the additional functions to further process the entered checks:
On the entry screen, the system will display different fields for each account assignment variant you choose. Depending on the number of account assignment fields in a variant, up to three lines are available for entering a memo record.
You can change the account assignment variant at any time during processing. If you have used more account assignment fields than are available in the current variant, the system will display this information in an additional field.
You can, for example, enter several document numbers and different invoice amounts for one memo record. This is useful if a customer pays several invoices with one check. The system highlights the account assignment field when you have entered several values in it.
You can also print the check deposit list directly from the entry screen.
To do this, choose Check deposit trans. Print Individual list.
You can also print a totals list for several check deposit lists.
To do this, choose Check deposit trans. Print Totals list.
The system displays a dialog box in which you can enter the selection features (for example, User, Entry date, Group) for a totals list.
Please assign points if helpful.
Julia

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?

In Deposit functioanlity Postdated checks Deposits

Hello Experts,
We are basically using Deposit functionality, when check taken in incoming it reflects in Deposit authomatically. That is fine.
But there are few transactions being displayed in Postdated Checks Deposit windows, First I need to understand the Postdated checks Deposits functionality / window.
Why few transactions are being displayed in this Window ?
Need help on this please,
Thanks & Regards,

Hi,
https://websmp110.sap-ag.de/~form/sapnet?_FRAME=CONTAINER&_OBJECT=011000358700000354252007E
POST DATED CHEQUES
Thanks,
Mansoor

Is it possible to create a deposit for RMA Order instead of Credit Memo?

Hi,
We are on R12.1.1 and at customer location, they have developed some customization which is bringing S.O. on HOLD Status if customer has not paid the amount in advance? (Prepayment scenario)
Now, what they want is : If there is an RMA Order from the customer, then instead of creating credit memo and send back the money to customer, they want to use this amount in the next order from that customer so that S.O. will not go on a HOLD status.
I was exploring Deposit functionality which we can use it as S.O. line level but just wondering, if is it possible to create Deposit as and when RMA order is created in stead of Credit memo?
Also, while using Prepayment functionality in R12.1, I am getting some error related to "Please enter receipt number" when I press Process Payment button.
Any help will be highly appreciated.

Copy Name is one of the editable fields in metadata panel on right side of Library module.

Cash Desk Functionality

Hi Expert,
While performing Post Deposit Operation in Cash Desk, Payment Category shows on only Cash Payment and it is disable so I can not select other payment categories like Outgoing Check Payment (though it is there in the dropdown list).
Purpose : Before making any outgoing check payment, I need to transfer fund from Bank GL to Cash Clearing Account for outgoing payment. For this operation I need to peform Post Deposit Operation with Payment Category as Outgoing Check Payment to deposit fund from Bank GL to Cash Clearing Account for outgoing payment.
Could you please advise on this issue?
Thanks & Regards,
Rupam

Hi Dewang,
I have a requirement of peforming outgoing payment through check in Cash Desk. Before performing outgoing payment through check, I need fund to be transefered from Bank GL to Cash Desk Clearing GL for outgoing check payment.
If there is any shortfall of fund in the Cash Desk Clearing GL for outgoing check payment, outgoing payment through check should not happen.
In FQH1, I have mapped the Bank GL as Deposit account for the Cash Desk Clearing GL for outgoing check payment.
In Post Deposit function of Cash Desk, I need fund to be deposited to the Cash Desk Clearing GL for outgoing check payment from the Bank GL for performing outgoing payment through check.
But as I can not select Payment Category as 'Outgoing Check Payment' in Post Deposit function, I am not able to deposit fund to the Cash Desk Clearing GL for outgoing check payment from the Bank GL.
Could you please suggest me on this, whether my approach is correct?
Thanks & Regards,
Rupam

Customer Check Deposit

Hi Guru's,
Can anyone explain Configuration steps for Customer Check Deposit process.
Reg
Kris

Hi George
Maintain the following configuration for manual cheque deposit:
Maintain External Transaction
Define Posting Keys and Posting Rules for Check Deposit
Define Variants for Check Deposit
Define Value Date Rules
Define Forms
After maintaining the configuration execute in FF68 for check deposit
Best Regards
Ashish Jain

Cheque deposit functionality

Similar Messages

Maybe you are looking for