Collection accounts and Main Bank accounts-reg

Dear Friends,
Your help is sought w.r.to the following set up.
The client has got wide network through the country , and marketing takes place thro marketing agent in all places. The company opens collection account at each main place (nearly 250 to 300 accounts) and the agent deposit the cheques in that account. Funds are transfered to the main account .
Can anybody suggest how to config the same.
Is there a need to open 250 to 300 House bank.
Is there a need to operate 250 to 300 GL account.
Your suggestion is welcomed
REgards,
c.m.sathish kumar

> Dear Friends,
>
> Your help is sought w.r.to the following set up.
>
> The client has got wide network through the country
> , and marketing takes place thro marketing agent in
> all places. The company opens collection account at
> each main place (nearly 250 to 300 accounts) and
> the agent deposit the cheques in that account. Funds
> are transfered to the main account .
>
> Can anybody suggest how to config the same.
> Is there a need to open 250 to 300 House bank.
> Is there a need to operate 250 to 300 GL account.
>
> Your suggestion is welcomed
>
> REgards,
>
> c.m.sathish kumar
<b>I think opening as many bank accounts are unavoidable since you need to keep track of your funds movement and any returned checks are also to be monitored.
Obviously you need corresponding number of GL accounts also along with subaccount so that u perform the BRS.</b>

Similar Messages

Where sub account and main bank account will be effected

dec 1st 2010 opening balance was 100,000, in main and sub account, dec 31st closed balance is 50,000 there , that means some invoices was happen. where it will be the affected this sub accout and main bank account

Hi
The key issue here is when Automatic Bank transfers take place, the salary transfers should be paid to the correct bank account for each employee. The unique identifier is the bank key + bank account number. Therefore, if you have 300000 employees and each employee has an account ina a different bank, you have no option but to create 300000 bank keys in the database.
Conflicts may very well arise if you assign arbitrary bank keys and if employees dont get paid in time because the amount went into a wrong bank account, you may well run into industrial relations issues.
In the UK, US etc, there is a central database of bank keys which is available as a commercial product and most companies purchase this in DVD format and upload the whole thing in the bank tables in FI. on an ongoing basis, if new branches crop up, they are manually updated from time to time.
Some posssible sources:-
1) Check if you can get a similar product in India, There used to be websites like indiainfoline.com which could provide this information for a fee.
2) Surely your FI department would have a list, as they must have been paying employees through Bank transfer before SAP was implemented.
3) The existing HR system surely must have a list of employees bank accounts along with Bank keys.
Bottom line, don't assume what the bank keys can be - try and ensure the correct bank key is used for each employee.

Main Bank for Offcycle Payments

Hi Friends
How can we define the payment methods for Main Bank for normal payroll and Main Bank for offcycle payroll.
I hope defining the payment method is defined by FI team, but how can we link to the Main Bank for offcycle payroll.
Kindly advise.

Hello Surya,
IT0009 subtype "0" Main bank is always used by RPCALCU0 (Payroll driver)l. You can explicitly use subtype "5" Bank details for off cycle. This is how it works:
Off cycle workbench is by default designed for a check. Let's say if you're planning to run bonus payments for 100 employees. Their subtype "0" is ACH or Bank transfer but bonus payment required to be paid as a check. Then you can set up IT0009 subtype "5" as a check for these 100 employees and run them thru together with RPCALCU0 as a bonus which in turn after Pre-DME generates check.
Arti

Business Area is not getting updated in "Main Bank Account" Line item (FF_5

Hi Gurus,
I am executing T Code: FF_5 for uploading the "Multi-Cash" Format. This transaction clears the Bank Clearing Account and post the entry to the credit of "Bank Main Account".
Now while i had executed F110, the Business area was properly captured in the Bank Clearing Account Line item. But while executing FF_5, the Business Area is not getting captured against the "Main Bank Account" Line item.
Can you please tell me how to capture the Business Area against the "Main Bank Account" Line item.
Rgds,
Prasad.

Hi,
1. In case of Business where payments are made centrally it is important to report
    Bank A/c Business area wise.
2. However I have solved the problem by doing "Sustitution", and its working fine. The Business Area is getting updated against the Main Bank Account Line item.
3. I am however getting one error while doing the upload in FF_5. The error occurs
   only if Business Area is a "required" field in Bank Account's "Field Status
   Group".
   Error: (00 298) Formatting error in the field COBL-GSBER ; see next message.
   But if I make Business Area as an Optional Field I am not getting an error and
   also the posting is done to Main Bank Account.
Is there anyother method by which this error can be corrected.
I have assigned 2 points for your inputs. Can you help me to solve this error as well.
Rgds
Prasad

Main Bank Account - Post Automatic Tick

Hi Gurus,
We are using manual bank statement and i have marked tick on post automatically in main bank account.
System is not allowing to post entries in FF67. Can you please help with this error?
Thank you

Hi,
Remove Post automatically tick mark in Main Bank account then its working.
Thanks
Muthu

Bank Accounts and House bank info

Hi Friends,
We use ECC6.0 version.
I have created GL accts seperate for Main bank, Bank P and Bank R
I have created Bank Key as well.
In FI12 - is it mandatory that i create seperate house bank ID's - seperate for main, BP and BR - why?
Many Thanks
Sanjay

Hi,
1100- Main account
1101- Out going payments
1102- Incoming payments
Here 1100 account you have to assign for house bank.
No need to create another two ID's for incoming and out going accounts.
You have to give House bank details for these three GL's in the GL masters.
Rgds
Murali. N

House-Bank Only Main Bank account required

Dear Expert,
One of our client wants only main Bank account in house bank defination to see availbal balance. They dont want clearing account(receipt Clearing & Payment clearing) in house bank. but they also want Manual Bank reconcilltion in system. Please help me this out.
Regds,
PK

Hi
this forum is for PRoduction planning.
you need to post this in FICO forum.
reg
dsk

Sub Bank accounts mapping with main Bank account

Bank accounts
Hi
How can we will map with main bank account to sub bank accounts.
Example; My main bank account: 1111, and
Sub bank account : 2222 ( Deposit account)
Sub bank account: 3333 (Cheque issue account)
Regards
PVC

Hi
Bank account- This is the G/L account that you provide at the Housebank level configuration in FBZP.
Sub account - This is the G/L account which you provide in the Bank Determination level in FBZP
Now conceptually there are many transactions which need to be routed through clearing accounts. This is where the sub accounts come handy and are used for clearing purposes. they are open item managed accounts. So clearing is possible. In the end the main bank account tallies with your bank balance and moreover the clearing accounts become zero after all clearing has happened.
Moreover the best way to maintain the G/L in SAP would be
XXXX0 as the Main account
XXXX1 say outgoing checks
XXXX2 say outgoing wires
Hope this clarifies
Rgds

House Bank - Collection Accounts

Dear All,
Business having multiple accounts with multiple banks & branches.
Some of them are only collection accounts.
My question is it required to maintain House Bank for Collection Account/Collection Bank Account/Branch Account?????
Please guide me right solution, I need to confi. the same.
Thanks You
Regards
Partha

Hi Kalyan,
As your answer, for collection account clearing accounts are not required? I am right?
Next:
I created One house bank.
In that particular bank business having two accounts both are using for payment.
And, I created TWO account ID's. Example: 1000 & 2000.
Bank selection:
Ranking Order given for that House bank.
Next: Bank Accounts
Housbank ! Pmt method   !   curr !     Account ID   !   Bank Subaccount !
HDFC       !    C                !   INR   !     1000           !   208051              !
Till to now no issue.
When supposed to assing Second Account ID (2000), saving is not possible.
System: message:
"An entry already exists with the same key"
If system not supporting this, how can I maintain diff. account id's under one house bank.
If it is not possible, count of the house bank's may increase.
Please clear my proble.
Regards
Partha

I'm an American living on a timed (though long-term) assignment in Ireland. I have both American and Irish bank accounts and addresses. I have two Qs. 1. Can I use the US Adobe site when in Ireland? Or will my physical location prevent me from doing so? 2

I'm an American living on a timed (though long-term) assignment in Ireland. I have both American and Irish bank accounts and addresses. I have two Qs. 1. Can I use the US Adobe site when in Ireland? Or will my physical location prevent me from doing so? 2. I am working for a not-for-profit organization. Is there a special pricing plan for non-profits, similar to the plans for students, small business, etc? Thanks for whatever help you can give me. (P.S. As a potential customer and past user of Adobe products for 15 years, I find it INCREDIBLY FRUSTRATING that I cannot speak with any Adobe representative, but am continually re-routed instead to a public forum to get what I hope will be accurate information. Not good, Adobe. Your products are amazing. Your customer service leaves a lot to be desired. I don't mean that with disrespect, but as honest feedback.)

Hi bookchic
Thanks for your feedback.
Non-profit pricing is available to eligible institutions via the VIP program which is sold by resellers - see Eligibility guide
For details of resellers please check here: Adobe Platinum Partners – Value Incentive Plan
If you wish to purchase an individual plan via Adobe.com the country of your Adobe ID will determine which site you order from.
Kind regards
Bev

I would like to update my Adobe ID and main email - I'm getting an error when trying to do this in my account settings. Any tips?

I would like to update my Adobe ID and main email - I'm getting an error when trying to do this in my account settings. Any tips?

Change/Verify Account https://forums.adobe.com/thread/1465499 may help
-http://helpx.adobe.com/x-productkb/policy-pricing/change-country-associated-with-adobe-id. html
-Credit card https://helpx.adobe.com/utilities/credit-card.html
-email address https://forums.adobe.com/thread/1446019

How can I get my money back I BUY the Coins in the game fieldrunners 2 HD were cut $ 9.99 $ from my account and did not receive any coins?! No. process MHFQZV02X8 please cancel the operation, collected coins and thank you

How can I get my money back I BUY the Coins in the game fieldrunners 2 HD were cut $ 9.99 $ from my account and did not receive any coins?! No. process MHFQZV02X8 please cancel the operation, collected coins and thank you

Apple does not have a presence here, this is a user to user forum. You would probably have more success contacting iTunes Support at http://apple.com/support/itunes/contact/.

HT5622 I've can not from the apple store. I cheched my visa account it still have money in it and the bank told me is working but I still can't buy stuff from the store . Why?

I've can not from the apple store. I cheched my visa account it still have money in it and the bank told me is working but I still can't buy stuff from the store . Why?

To Contact iTunes Customer Service and request assistance
Use this Link > Apple Support iTunes Store Contact
iTunes Store: Accepted forms of payment
http://support.apple.com/kb/HT5552

Deletion of collection account

So I had good luck with one of my accounts and was told that they will delete my collection after I pay the settlement amount. The total balance was $1400... How many points will my score increase after deletion?

katrinalbsn wrote:
So I had good luck with one of my accounts and was told that they will delete my collection after I pay the settlement amount. The total balance was $1400... How many points will my score increase after deletion?Not sure about the points because a lot of factors are at play, but congratulations on the deletion! FYI, I gained about 20 points after 2 collection accounts were deleted.

Account maintenance for collective account

Hello,
I am trying to use FP06 (account maintenance) for a collective account.
The system doesn't allows to me to select debit documents (collective bill - statistical key S) at all.
Someone knows about account maintenance restrictions for collective account?
Thanks,
Ben

Hi Benjamin,
http://help.sap.com/erp2005_ehp_04/helpdata/EN/b7/c75e4803a96349998f49214710ffed/frameset.htm
hope the link helps,
VR

Collection accounts and Main Bank accounts-reg

Similar Messages

Maybe you are looking for