FRFT- bank to bank transfer need clarification

Hi SAP Guru,
I am done configuration for the Bank to bank transfer (A bank to B bank)
FRFT- Payment request and payment run
it is generating the following entry:
Clearing A/c Dr
to A Bank a/c   Cr
when i check the Bank GL a/c balance in FBL3N it shows the correct amount from FRFT but in open status.
I want to how we can make posting for
B Bank A/c         Dr
To clearing a/c   Cr
Please advice and also how to clear the same in FBL3N for bank gl a/c.
Please advice...
Thanks !

I suppose that should happen through your BRS upload.
Ravi.

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FRFT Bank to Bank Transfer

have a nagging problem on Bank-to-Bank transfer. I strongly believe, based on you reply to a question related to this problem, that you are the GO-TO guy for my problem.
Here is what I am doing:
1. Maintained Repetitive codes using T-code OT81 (paying and reciving company codes and bank account details on both sides)
2. Created payment request using FRFT using - Bank Account transfer
3. Released Payment Request from FRFT itself by clicking the 'Release' button.
5. Ran payment program for payment request - T-code F111. System generated IDOC and it looks fine. It can be sent to our Bank.
Configuration I have for this function:
1. F11CU/FBZP
2. Define Clearing accts for Receiving Bank for Acct Transfer
3. Define Clearing accts for Cross-country Bank Account Transfers
When we do F111 the following accounting entries happen:
1. At the Paying Company code:
CREDIT Wire_Out clearing acct; DEBIT Payment Request clearing acct
2. At the Receiving company code:
"No Accounting entries"
My Question:
1. When I do F111, accounting entries should happen not only on the "paying company code" but also at the "receiving company code." Am I right? If so, can you please let me know what are the accounting entries at the receiving company code.
2. Do you have any idea on why NO accounting entries are happening for me at the receiving company code. Am I missing some critical config? Do configuration "OBYA - FI COnfiguration - Automatic posting - Clearing accounts" is used by Bank-to-Bank transfer transaction.
Thanks for the help
Raja

Hello Experts
I am trying to do a BANK A/C Transfer from one bank to another located in different countries.( Dubai to Germany).
I have maintanied Repeat Code OT81 and manaintanied the bank details and payment methods for both sides.
I have also maintained the clearing accountsfor Payment Requsts.
When I try to save the PAYMENT REQUEST in Transaction code: FRFT for this repeat code, I am getting the error that Clearing acconts for co code...House Bank.. payment method not maintained.
Even when I go though the Proceed as directed it directs me to Maintain Clearing accounts for Payment requests screen. Though the clearing accounts are maintanied, it still shows the same error.
Can anyone help me with this?
Regards
Suman

Accounting entries for bank to bank transfer (FRFT) Cross company

Hi,
We have a scenario to post a bank account to bank account transfer which is crosses legal entities.
I understand FRFT and F111 is the process to use, but i'm not clear what the accounting entries are.
In particular, whether the intercompany postings are automatically generated.
Can you someone run through the accouting entries for a bank to bank payment request process, which
crosses legal entities
Many Thanks
Wade

HI Waheed,
When you do Intercompany transfers using FRFT_B the following entries are generated depending on whether the payung & receiving country are the same.
1) when the paying and the receiving entity are in different countries
a) Sending co.code
i) DR          Payment request clearing
    CR           Bank Clearing account
ii) DR          Intercompany clearing account
    CR           Payment request clearing account
b) Receiving company code
DR          Bank Clearing a/c
CR           Intercompany clearing account
2) when the paying and the receiving entity are in the same country
a) Sending company code
   DR Inter company clearing a/c
   CR Bank Clearingaccount
b) Receiving Company code
DR Bank Clearing account
CR Intercompany clearing account
All the above entries are passed after successful execution of the payments By Tcode F111.
Please check if the SAP Note "1510224" is implimented in your system.. along with changes suggested there in.
Ofcourse... Intercompany ponting settings OBYA is also required.
Hope this helps.
Best Regards,
M. Naveen Kumar
Edited by: M Naveen Kumar on Jul 14, 2011 7:51 PM

FRFT_B bank to bank transfer - profit center and Business area field

Hi,
I am making a bank to bank transfer thru FRBT_B .
I need to enter profit center and Business area for doing the bank transfer.
I am not able to find any field to fill in either in FRBT_B or F111.
Kindly respond,
Vidhya

Hi Mauricio,
Did you have success with those notes application? We need to show cash flow by profit or cost center and we believe that this procedure can help us to achieve this LP Gap.
Thanks,
Jose Marcelo

Bank to bank transfer with multiple currencies

Dear All,
Please guide me on the following transaction where there is funds transfer from one bank to the other bank of the same company:
CoCode currency: INR
Transferring Bank: USD
Receiving Bank: EUR
The user needs to transfer funds from the bank where company is having account in USD to the bank where company is having account in EUR. User will pass only one accounting document, where the sending bank accouont should get credit in USD and receiving bank account should get debit in EUR. Foreign exchange if any should get automatically calculated and posted to the respective accounts.
Which module of SAP supports this kind of transaction (whether is it SAP-FI-Bank Accounting or SAP-Banking or SAP-FSCM).
Please let me know if I need to refer some notes or sites where some guidance is given on this type of transaction.
Thanks,
Amish.

Hi,
You have to configure Forex Settings for these currencies. Then you have to post this business transaction.
Thanks
Chandra

Bank to Bank transfer of funds

Hi,
How do we process bank to bank transfer of funds in SAP?
I mean automatic instructions from the sending bank to receiving bank and subsequent accounting entries. (same company code) transfer of funds from one bank account to another bank account
In case of customer and vendor, SAP picks up open items and processes it but in case of bank transfer how does it happen?
Regards
Anish

Hi Anish,
please check the links:
http://help.sap.com/saphelp_erp2005vp/helpdata/en/c3/3b79418d1b020de10000000a1550b0/frameset.htm
http://www50.sap.com/businessmaps/E4D33CB0895111D487410000E81EF187.htm
http://help.sap.com/saphelp_erp2005vp/helpdata/en/4b/ad433717fd11d28a360000e829fbbd/frameset.htm
http://help.sap.com/saphelp_erp2005vp/helpdata/en/02/a29797e7fe11d295a30000e83dd245/frameset.htm
reward points for useful answer.

I received a phishing email from what I thought was my bank. Do I need to do anything to my MAC for security?

I received a phishing email from what I thought was my bank. Do I need to do anything to my MAC for security? I have no anti-virus software.

Evelyn, there is nothing that can prevent you or anyone from falling victim to those attempts to defraud you – other than you.
"Phishing" scams are the most common way of getting people to voluntarily supply information that should be kept as secure as any other personal possession. "Anti-virus" solutions can't possibly prevent that sort of fraud, and if anything can only lull you into falsely believing you're being protected from threats, be they real or perceived.
Do you have any further advice so that I don't fear my Mac?
There is no reason to fear your Mac; it's a tool to be used for your sole benefit. Like any tool though, it can be misused. If there is any explanation for fear, it's a lack of education. Knowledge conquers fear and renders it inert. Learn what real threats actually exist, how to defend yourself from them, and how to distinguish them from those propagated by fear mongering psychopaths that justify their existence by keeping others misinformed. There are an abundance of the latter.
There will always be threats to your information security associated with using any Internet - connected communications tool:
You can mitigate those threats by following commonsense practices
Delegating that responsibility to software is an ineffective defense
Assuming that any product will protect you from those threats is a hazardous attitude that is likely to result in neglecting point #1 above.
OS X already includes everything it needs to protect itself from viruses and malware. Keep it that way with software updates from Apple.
A much better question is "how should I protect my Mac":
Never install any product that claims to "clean up", "speed up", "optimize", "boost" or "accelerate" your Mac; to "wash" it, "tune" it, or to make it "shiny". Those claims are absurd.Such products are very aggressively marketed. They are all scams.
Never install pirated or "cracked" software, software obtained from dubious websites, or other questionable sources.
Illegally obtained software is almost certain to contain malware.
"Questionable sources" include but are not limited to spontaneously appearing web pages or popups, download hosting sites such as C net dot com, Softonic dot com, Soft pedia dot com, Download dot com, Mac Update dot com, or any other site whose revenue is primarily derived from junk product advertisements
If you need to install software that isn't available from the Mac App Store, obtain it only from legitimate sources authorized by the software's developer.
Don’t supply your password in response to a popup window requesting it, unless you know what it is and the reason your credentials are required.
Don’t open email attachments from email addresses that you do not recognize, or click links contained in an email:
Most of these are scams that direct you to fraudulent sites that attempt to convince you to disclose personal information.
Such "phishing" attempts are the 21st century equivalent of a social exploit that has existed since the dawn of civilization. Don’t fall for it.
Apple will never ask you to reveal personal information in an email. If you receive an unexpected email from Apple saying your account will be closed unless you take immediate action, just ignore it. If your iCloud, iTunes, or App Store account becomes disabled for valid reasons, you will know when you try to buy something or log in to this support site, and are unable to.
Don’t install browser extensions unless you understand their purpose. Go to the Safari menu > Preferences > Extensions. If you see any extensions that you do not recognize or understand, simply click the Uninstall button and they will be gone.
Don’t install Java unless you are certain that you need it:
Java, a non-Apple product, is a potential vector for malware. If you are required to use Java, be mindful of that possibility.
Java can be disabled in System Preferences.
Despite its name JavaScript is unrelated to Java. No malware can infect your Mac through JavaScript. It’s OK to leave it enabled.
Beware spontaneous popups: Safari menu > Preferences > Security > check "Block popup windows".
Popup windows are useful and required for some websites, but unsolicited popups are commonly used to deceive people into installing unwanted software they would never intentionally install.
Popups themselves cannot infect your Mac, but many contain resource-hungry code that will slow down Internet browsing.
If you ever receive a popup window indicating that your Mac is infected with some ick or that you won some prize, it is 100% fraudulent. Ignore it. The more insistent it is that you upgrade or install something, the more likely it is to be a scam. Close the window or tab and forget it.
Ignore hyperventilating popular media outlets that thrive by promoting fear and discord with entertainment products arrogantly presented as "news". Learn what real threats actually exist and how to arm yourself against them:
The most serious threat to your data security is phishing. Most of these attempts are pathetic and are easily recognized, but that hasn't stopped prominent public figures from recently succumbing to this age-old scam.
OS X viruses do not exist, but intentionally malicious or poorly written code, created by either nefarious or inept individuals, is nothing new.
Never install something without first knowing what it is, what it does, how it works, and how to get rid of it when you don’t want it any more.
If you elect to use "anti-virus" software, familiarize yourself with its limitations and potential to cause adverse effects, and apply the principle immediately preceding this one.
Most such utilities will only slow down and destabilize your Mac while they look for viruses that do not exist, conveying no benefit whatsoever - other than to make you "feel good" about security, when you should actually be exercising sound judgment, derived from accurate knowledge, based on verifiable facts.
Do install updates from Apple as they become available. No one knows more about Macs and how to protect them than the company that builds them.
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ESS Bank Information -- IBAN field need to be deactivated

Hello All,
Currently on ESS\MSS portal when I go to the following link ESS--> Personal Information --> Bank Information --> Bank details (Edit) , I get to see the IBAN field.
Is there any way I can deactivated the field from getting displayed, if so how?.
One way to go at the WDJ level and download the respective par file and make the changes (please let me know if I am right).
Is there any other way of doing the same.
Regards,
Ronniee.

Hello Venu,
Thanks for your kind inputs here , Yes we can do the same on the iView level on field or UI element, but if we want to hide field for all the given users , If I want to hide a field accross all the users , How will i do that.Since hiding a field for a given single user will only be applicable.
Regards,
Ronniee.

F111- Error paying Bank to Bank transfer payment request

Hi,
We recently applied support pack 640 in ECCF. Now we are unable to pay the bank to bank payment request via F111. We get error message KM183. Our ABAPer debuged the program(F111) and the ACCIT table gets incorrect profit centre for the paying company code. Please note we can successfully execute f111 with identical payment request in system in which we have not applied support pack. So its very clear that support pack has caused this problem.
Please advise if anyone had faced this error and subsequent resolution. Kindly advise ASAP.
thank you
Umang

Hello Umang,
Did you face this issue while doing Cross co.payments ?
If yes, please check this sap note - 699671 is implemented or not.
Also check in T-code OB28 if any validation is applied for Profit Center.
Please check this and revert us if you face any issues.
Thanks & Regards,
Lakshmi S

Bank Key, Bank Number and SWIFT code

Hi expert,
I would like to consult your expertise on the following issues: Bank Key, Bank Number and SWIFT code.
In Country Field Check, OY17, If I select the bank key (section key for bank directory) options 4, assigned externally; then in FI01 bank key data creation, my bank number (in control data section) can be freely defined.
If in OY17, my bank key option is 1, bank number. Then, during FI01 bank data creation, my bank number must be same with bank key.
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My Questions: during MT940, electronic bank statement (EBS), since I set bank key + bank account, what control data (in FI01 screen) that SAP will use for automatic EBS? Bank number or SWIFT code?
Besides that, I am not quite understand statement by SAPPress book, Quick Reference Guide Financial Accounting with SAP - Chapter 7 Banking, as follows:
If you use the SWIFT code as bank key in a specific country, we strongly recommend that you set the bank data flag on the further checks section in OY17. This ensures that the system automatically performs the formal control on the SWIFT code entered in the SWIFT code field (BNKA-SWIFT), and not on the SWIFT code entered in bank key.
Thanks in advance
sbmel

Hi,
House bank is the bank through which your company is dealing all their financial transaction.
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House bank master data it is related all your bank master data.Example,Hdfc,ICICI,Axis ,BOB etc.
The S.W.I.F.T. code is used for identifying banks in international payment transactions.Uniquely identifies a bank throughout the world.
Bank number is a code given to a particular Bank.
regards,
Santosh kumar

Bank to bank transfor in FI

Hi All, I need the config steps for Bank to Bank transfor in Financel accounting.
Best Regards,
Venkat.

Hi,
You can create a payment request using:
FIBLFFP or RVND (free form payment)
OT81 and then FRFT_B (using repetitive code)
and processs the payment request thru F111 where you can also create a wire file.
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Financial Accounting (New)
Bank Accounting
Payment Transactions
Payment Request
and
Financial Accounting (New)
Bank Accounting
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We are in the middle of a global R12 implementation, but are struggling with poor quality name and address data for banks and bank branches. Has anyone faced similar problems, and if so, did you consider using any external sources for reference information? For example, as anyone addressed this problem using services which provide details of bank and branch names and addresses based on IBAN codes, sort codes etc? We need this for a large range of countries.
I've looked at SWIFT.com for their offerings, but am not convinced that they will provide the level of quality for addresses at the branch level.
Thanks

Hi,
I hope it's helpfull.
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Germany:
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About Bank Key & Bank Number

howdy colleagues,
Our banks are set up whereby Bank Key (banka-bankl) = Bank Number (banka-bnklz). In the country where I am working, the Central Bank is now requiring the bulk payments to be processed by bank group (previously by bank branch) e.g. one or more bank branches equal one group. As a workaround, I am considering the use of Bank Number field as the bank group. What I am figuring and confirming out right now is whether this field has a special usage that might affect the current payment program processes.
We generate bank transfer schedules and summaries developed via SAPscript. No IDOCs, EDI and special types of payments, just the basic bank/wire transfers.
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Thanks,
Ron Almonte

Hi
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Bank, house bank and bp creation

Dear all,
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Hi Elena,
Best way to do is to create a LSMW, and then upload the data and run LSMW.
This is the best option possible.

House bank and Bank Account creation

Hi All,
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Hi,
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FRFT- bank to bank transfer need clarification

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