Electronic Bank Statement for Bank Reconciliation

Hello FI Experts,
Could you please advice if Electronic Bank Statement is possible to be configured.
if yes, how does it differ from Manual Bank Statement, I mean, is there any particular format provided by SAP so that the Bank data could be uploaded in the system & then go ahead with making reconciliation.
please help, how do i configure this??

Hello,
You will find the following thread is useful:
bank reconciliation statement
Regards,
Ravi

Similar Messages

  • Bank Statement for Reconciliation

    Dear All,
    What is the disadvantage if we can use Electronic Bank Transfer for Bank Reconciliation.
    There are two main obstacles in Customizing to quick and efficient installation of the electronic bank statement:
    Creating the files UMSATZ.TXT and AUSZUG.TXT is a complex process. Experience has shown that many implementation errors arise from incorrect creation (format errors) of these files. Using actual files from the bank is also difficult as the files are usually very big.
    The open items to be found and cleared using the electronic bank statement must usually be entered into the (test) system manually and with correct clearing information.   This information must also exist in the correct fields in the individual line items in the UMSATZ.TXT file (for example in the note to payee fields).
    The above information provided in Electronic Bank Statement Implementation Tool as per Best Practice document.
    Also understand that many obstacles and other problems faced by many implementation.
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    Reuqest your help and guidelines.
    Regards,
    SS

    Hi Ravi Teja / Experts,
    Thanks for your info and link.
    I have already these configuration document.
    My question is If we implement Electronic Bank Statement - What is the advantage & disadvantage?
    Is it Manual Bank Statement is advisable?
    Thanks in advance.
    Regards,
    SS

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    You can go to Administration> System Initialisation>Company details> basic initialisation> (check) Bank Processing.
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  • Manual Bank Statement for multiple Currencies

    Hi All
    I need to configure the manual bank statement for FF67 to hit 2 different accounts based on the Currency.
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    This is not possible.
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  • BAI format for Electronic Bank Statement for USA

    Hi Gurus,
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  • Electronic Bank Statement and Bank Accounts change...Statement Upload

    Hi,
    I have an issue with electronic bank processing.
    Currently my client is using A100 company code and bank account 123456 gl code 45000 and they are updating bank statements through electronic bank statement.
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    Hello-
    Are you saying going forward you are are not going to use A100 and start using A200? If so, from an EBS config standpoint, all you would have to do is use the same transaction type and remove the assignment of old company code & bank account + bank key to the transaction type and enter the new assignment to new company code.
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  • Electronic Bank Statement - post bank charges

    Hi,
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    Or how to use search string for Note to Payee ??

    Hi were you not using the external transaction types config. if so kindly let me know what are the transaction types you are using.

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  • Bank statement for Irish AIB bank

    Hello,
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    Regards,

    Its better you clarify with them if their format conforms to any standard international formats.  That is the easiest way to proceed.  This is because most banks support more than one format but normally hand out a format of their choice to customers.  They tell about other formats only when customer enquires them.
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  • Bank statement and bank clearing document splitting

    Hi,
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    Hi ,
    First of all  i hope you are clear with the concept of Incoming , otugoing and main bank account that we need to create 3 or more diffrent bank accounts for reconcilliation purpose .
    the case here is that you cant to do a manual statement upload then in that case you will have to take care of following things .
    How is the information transferred from FICA to FICO means along with the reconcilliation key what else information are you passing on to FI in the documents .
    Secondly in the bank statement are you getting the reconcilliation key ??? or what information are you getting in the bank statement ???
    because the integration of FI and FICA is the reco key and it becomes very crucial for you to have the same in the bank statement .
    thirdly , Use the manual reconcillaiton functionality provided in FI for reconciling the same , where in you will have to configure the manual bank statement functionality and by using the T code ff67 you can reconcile it .
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    Do revert back in case of any other queries .
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  • Manual bank statement error: "Bank reference" field not filled

    Hi,
    I'm getting an error (see below) while entering details in the manual bank statement.  I've checked the variant already, and the manual bank statement variant with "Bank Reference" field is already deactivated. How come FF67 still validates on this field?
    Did I miss something?
    Hope for your speedy reply. Thanks!
    "Bank reference" field not filled
    Message no. FV094
    Diagnosis
    An interpretation algorithm is given in transaction 003-.  This algorithm interprets the value entered in the field "Bank reference" and automatically determines the items to be cleared.
    The field "Bank reference" is not filled.
    System Response
    No interpretation will be carried out.
    Procedure
    Recheck your entries.

    Hi,
    The Bank Statement Transaction you are using has an Int. Algorithm configured, which requires the Bank reference field.
    In IMG in the transaction where you create and assign business transactions to posting rules, there is also a filed for Int Algorithm. The system uses the Int Alg. to determine the fields on which to match and clear documents. The transaction you are using may have an int algo. configured which uses the reference field for clearing.
    Even if you remove the reference field from the Manual Bank Statement Variant, the system is still going to look for it because that is one fields defined for clearing in the int alg.
    You can change the config settings for the transaction, but either removing the Int alg. or using a different one. The description of the Int Alg. on the drop down list, will give you an idea of what fields will be used for clearing.
    IMG path...FA->Bank accounting> business transactions-> payment transactions>manual bank statement-> Create and Assign business transactions.
    Hope this helps.
    Thanks,
    Uma

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  • Electronic bank statement Germany

    Dear all,
    I should configure electronic bank statement for a German customer that should change from one system to SAP. Their format on electronic bank statement is MT940 and in the file they have all transactions that appeared on their bank statement; incoming payments (both manual and by direct debit), outgoing payments (both manual and automatic paymens by file) and other costs as bank fee (total to about 5 cost accounts).
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    I SWIFT MT940 international format (field 86 unstructured)
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    Best Regards L

    Hi,
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    Look at your MT940 files and you will see the presence or absence of these ?00, ?20, ?21, ... codes in record :86:.
    If there are present, it is structured; if not unstructured.

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