Impact of not having bank clearing account?

My client doesn't want to use bank clearing account and wants to directly cr or dr the main bank account whenever a payment is received or made. Could you guys tell me what will be the impact of this, as I see reconciliation might be an issue.

Avinya,
The best solution is to seperate the AP and AR process. The reason i am mentioning this is for better reconciliation process.
According to that, you would have an account 1 for AR i.e deposits(including Wire Ins) and then accounts 2(Wire Outs) and 3 for Check outs.
It's better ( recommended) to have a clearing acct while making payments, so that you have an idea of how much is the outstanding balance. If not, the whole of reconciliation process gets a little complicated - The outstanding balance can still be found out, but as i said, lot of calculations need to be done.
Hope that helps..
Thanks,
Nandita

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G/L Account for Bank Clearing Account

Hi:
Quick question: when we post TBB1, Treasury creates payment requests (table PAYRQ) with entries in field BKHBK, data element PRQ_BKHBK. This field is normally empty and F111 should pickup corresponding GL account from T042Y (FBZP: Bank Determination). But in our case, because Treasury passes this account during TBB1, it's being picked up and conflicting with T042Y.
So my question is: how do I deactivate Treasury to not pass this account to payment request? Or how do I change it's value within treasury so it would match with Bank Determination value?
This field in PAYRQ is called G/L Account for Bank Clearing Account.
Thanks,
JS

Yes, it does not post to GL but it does identify Bank Clearing GL account when it's posted which is recorded at BKHBK field of PAYRQ. F111 gets 'confused' and throws error message when this value does not match with corresponding entry in T042Y. How to deactivate it?
Other way of solving this problem would be if I can identify separate Gl account for incoming and outgoing payments bank clearing account. I know it's defined in Account Determination (table TRACV_ACCSYMBREP). It's Account Symbol 3 (Bank Clearing). There we have masked GL account as "++++3". This account is used for clearing of incoming payments. And for outgoing payments we use "++++5"
Thanks,
JS
Edited by: JSmithYahiya on Jan 19, 2012 5:46 PM

Default Profit Center to Bank Clearing Account

Hi All,
Currently, our company is one company code to one bank account and one bank account use by different profit centers ( Bussines Units) . Our reporting ( Balance Sheet / Profit & Loss ) is by Profit Center Level.
1. Default Profit Center to Bank Clearing Account.
- we cannot create cashflow report by profit center, because bank clearing account is default by profit center.
2. Not default Profit Center to Bank Clearing Account
- We got Profit Center 9999 / P9999 issues on Bank Clearing Account.
Should we default Profit Center on Bank Clearing Account ?
Thank You
Alex Lee

Hi Alex,
If you are using 4.7 or ECC 5.0 then you needs to maintain Default profit Center for Balance Sheet G/Lu2019s through T. code 3KEH and 3KEI, else if you are working with ECC 6.0 then you need to maintain default profit center for Balance Sheet G/Lu2019s through T. code FAGL3KEH and for Profit and loss related G/Lu2019s / Cost elements profit centers derivation rule can be maintained through T. code OKB9 accordingly.

Auto posting of bank clearing account in FF67

Hi,
I am trying to complete the manual bank statement however during posting of differenty transaction type it does not post to desired bank clearing account.
Where does this bank clearing account set-up for automatic determination when a certain house bank and transaction type is used.
Hope anyone will reply.
Thanks.
Marivic

hi,
actually the main bank account was entered in the house bank. The following were defined also such as:
1. transaction type with posting rule assignment
2. Posting key and posting rule
However during the transaction of FF67 the bank clearing account is not the one derived during posting.
So where is the lacking configuration that I need to do.
Hope a reply.
Thanks.
Marivic

Problem when change bank clearing account for payment posting.

We recently changed the bank clearing account for payment posting (program PC00_M99_PPM). But I found out because the config can only be changed but not delimited on payroll side, the program errored out when it retro back for an employee to the old clearing account. So what am I supposed to do to fix this problem?
Have anyone ever handled this problem before and could please throw some light on it?
Thanks in advance.
Johnson

hi
check following
1. Check in OMWD, whether Valuation grouping code "0001" ia ssigned to Ur plant
2. OBYC - If you have assigned GR/IR Clearing A/c to WRX then check whether you have maintained it with combination of valuation class and GL A/c
If yes then maintain only GL A/c w/o valuation class OR maintain one entry with valuation class empty and GL A/c
check following
Error in service entry sheet
Re: Error in ML81N
http://sap.ittoolbox.com/groups/technical-functional/sap-acct/grir-clearing-account-wrx-doesnt-recover-gl-account-2224137?cv=expanded
http://sap.ittoolbox.com/groups/technical-functional/sap-log-ps/problem-while-posting-service-entrysheet-in-ecc-60-version-1483547?cv=expanded#
regards
kunal

Bank Clearing Account - Open Item Clearing

Dear Friends,
We have maintained the configuration for importing the electronic bank statement and we have tested and found that the entries are getting posted in the Bank Clearing Account. However, we have encountered a major issue, when we perform the automatic payment run, the value date gets updated in the Assignment Feild, whereas the users want this to be updated with the combination of "Document No. + Value Date".
Secondly, when we import the bank statement, in the multicash format, the posted entries in the Bank Clearing Account have the "Document Header Text" field updated in the Assignment Field coloumn, thus making it difficult to do automatic clearing of open items. In these entries also it is desired that the combination of Document No. relating to the item paid thru payment run plus the Value Date should get update so that the open items in debit and credit can be matched and cleared off automatically.
Your help would be highly appreciated in achiveing these objectives.
Regards

Thanks Murali. Another help needed is how can we change the values in Assignment Feild, which is now getting picked up from the Document Header Text? We need the original Docuemnt No. + Value Date to get populated in the Assignemnt Field in the entries posted while importing the electronic bank statement.
Would appreciate your help.
Regards

New functionality in ECC 6.0 for auto clearing of bank clearing account.

Is there any new functionality in ECC 6.0 for auto clearing of bank clearing account.
Regards,
Kishore

Hi,
There no new functionality in ECC 6.0 for auto clearing of bank clearing account. Still you need to depend on Manual / Electronic bank statement to clear them.
Thanks
Prasada

Can we directly debit into bank a/c without bank clearing account?

Hi expert,
Can we directly debit into bank a/c without go through the bank clearing account?
What is the effect bring to if ignore bank clearing account?
This is because want to reduce more step in deposit the cheque. Is that any body can help? Thank..
From :
Eric Tan

You can directly debit into the bank account. At the Payment Means, in the Checks tab you have the field for the G/L Account. By default you have the clearing acc., but you can change it to the one for the Bank Account.
If you deposit each check individually into the Bank Acc., but in practice you have a Deposit with several checks, once you have the Bank Statement you will have to match each Deposit with several deposits in B1. A little annoying.

Which Bank Clearing Account should be assigned to account symbol

Hi Friends,
I have 2 bank clearing accounts , CHECKS OUT ( 113005) AND CHECKS IN (113006) .
For the GL account assignment to account symbol, which bank clearing account should be used. I ask because only one bank clearing account GL can be assigned to the account symbol 3. Dont i have to use different GL for BUY & SELL spot transactions.
Thanks
kamala

Hi Kamala,
You have to assign your both clearing account 113005 and 113006 to account symbol.
In this case you can use more than one account symbol with posting catagory "bank posting in payment currency". So, you must create new account symbol with with posting catagory "bank posting in payment currency" example 3-Out for check out clearing.
After that you can assign this new account symbol to suitable posting spec. (or you can crete new posting spec which assigned to suitable update type).
Regards,
Suryadi.

Bank clearing account -Automatic clearance

Dear Friends,
I had set up bank clearing account as open item management and as part of bank reconsilation procoess am clearing the my bank sub account with the assumption that my payment have been processed by bank and my bank account have been deducted.
While processing my sub account with transaction f.13,am getting an error message "No G/L account documents selected".
Could someone advice why am getting this error.
greatly appreciated.
Thanks,
Ram

Hi,
Settings for Manual BRS also same like EBS.. only thing here we will give our own business transactions..
All bank GL Accounts should have masking logic.. eg: 230101 is for main bank 230201 is for Incoming Check 230301 is for Outgoing check .. this is only for one bank like that we have to define for others as well.
In the House bank we will tag Main bank account.
Go to IMG --> FI --> Bank Accounting -->Payment Transactions --> Manual Bank Statement - Create and Assign Business Transactions
Here we have to define business transactions like...
Transaction types eg: Z001 - Outgoing cheques -ve indicator Posting rule z001 - enter text
Got to second node: Define Posting Keys and Posting Rules for Manual Bank Statement
Here we have to define all 4 steps
Above masking logic will helpful here
1. create account symbols eg:ZOutgoing checks ... and Main Bank
2. Assign accounts to account symbols (Here we have to assign all bank accounts to account symbols)
Acc.Mod: Put + Currency+ If the GL Lenght is 6 .. We have to enter GL Account like this --> XXXX2303XX so up to 99 gl accounts we can masking rule...
3.Create posting rule eg:z001 outgoing checks
4. Define posting rules ... Under debit .. postinkg key blank, account symbol Z001 Credit : Posting key 50 account symbol:Main and document type ZP and posting Type 4
Through above steps we have to follow for other transactions...
Thanks,
Padmaja

Impact of NOT having SSO Cluster

Hello Everyone,
I wanted to understand the below points about SSO Clustering.
* Impacts of NOT having SSO Cluster
* Benefits of having SSO Cluster
* Step by step guide available for SSO Clustering.
* Is there any pre-requisite or important deadlocks while performing SSO Clustering.
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Please mark this post accordingly if it answers your query or is helpful.

* Impacts of NOT having SSO Clusterà -->SSO is the key service in order to run BizTalk environment. That is why it is recommended to have SSO as a cluster service in production environemt along with
your SQL instance as cluster. This is for high availability of the service.
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* Step by step guide available for SSO Clustering.-->
https://msdn.microsoft.com/en-us/library/aa559783.aspx?f=255&MSPPError=-2147217396
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Bank Clearing account

Dear Friends,
I have a situation and would truely appreciate your help and points will be awarded. Receipt from a vendor is getting posted in a 11306015 which is a clearing account instead of 11306010 which is the <b>confirmed cash account</b> attached to the Bank Account in FI12. When i checked the document i found out that 11306010 got credited and 11306015 is a debited. Can any ody explain f the process is right or wrong. Which i believe is wrong, as receipt in the bank account by eletronic statement should sit in 11306010 not 11306015. And also let me know how to correct it. The Bank account is a foreign currency account and the user says -this situation happens only when the currency is not USD or Euro.
Any help friends !
Regards
Rashmi

Hi,
Settings for Manual BRS also same like EBS.. only thing here we will give our own business transactions..
All bank GL Accounts should have masking logic.. eg: 230101 is for main bank 230201 is for Incoming Check 230301 is for Outgoing check .. this is only for one bank like that we have to define for others as well.
In the House bank we will tag Main bank account.
Go to IMG --> FI --> Bank Accounting -->Payment Transactions --> Manual Bank Statement - Create and Assign Business Transactions
Here we have to define business transactions like...
Transaction types eg: Z001 - Outgoing cheques -ve indicator Posting rule z001 - enter text
Got to second node: Define Posting Keys and Posting Rules for Manual Bank Statement
Here we have to define all 4 steps
Above masking logic will helpful here
1. create account symbols eg:ZOutgoing checks ... and Main Bank
2. Assign accounts to account symbols (Here we have to assign all bank accounts to account symbols)
Acc.Mod: Put + Currency+ If the GL Lenght is 6 .. We have to enter GL Account like this --> XXXX2303XX so up to 99 gl accounts we can masking rule...
3.Create posting rule eg:z001 outgoing checks
4. Define posting rules ... Under debit .. postinkg key blank, account symbol Z001 Credit : Posting key 50 account symbol:Main and document type ZP and posting Type 4
Through above steps we have to follow for other transactions...
Thanks,
Padmaja

Automatic Payment Program(F111) not picking Bank Sub accounts

Dear all,
The entiries genertaed from automatic payment program(F111) is not picking the bank sub accounts (Receipts/Payment GLs) which are given in the following node:-
Financial Accounting --> Bank Accounting --> Business Transactions -->Payment Transactions --> Payment Request --> Define Clearing Accts forReceiving Bank for Acct. Transfer
It is picking the Main Bank GL, which has given in bank master(FI12).
Please advise.
Thanks & regards
Ramesh Nair

Hi,
The config : Financial Accounting --> Bank Accounting --> Business Transactions -->Payment Transactions --> Payment Request --> Define Clearing Accts for Receiving Bank for Acct. Transfer
Is to decide bank sub account of the sending bank, when you are doing Bank to Bank transfer. This is manditory for cash management bank to bank transfer. Please read the config documentation again.
I just cut and paste from SAP documentaion.
"In this activity you define the offsetting accounts for the receiving bank accounts for bank account transfers (payments between house bank accounts) which should be posted to when payment is made.
The entries are necessary when payment requests are created for cash management payment advice notes that result from cash concentration, for example. The offsetting accounts for the paying house bank are determined by the payment program specifcations and the payment methods used. The offsetting accounts for the receiving house bank cannot be determined from these specifications, however, but can be defined in this section. "
Now, when you are creating payments with F111 and if you want to get sub accounts for house bank you have to do the following config.
F111 -> Maintain Configuration -> Bank determination -> Bank accounts ( for each accont id and payment method combination ).
Then you will see payments from this sub accounts and you have to setup posting rule to clear this account if you are doing EBS.

Bank Clearing Accounts

Can someone please tell me which account group do the clearing accounts for bank in sap fall under.
(For eg, from one bank account you do payroll and ap checks)
Another question, do we need clearing accounts for wires, ach or only we need to have clearing accounts for checks? Please confirm.
Third question, if there are no checks, wires or ach from a bank then do we need to maintain the clearing account. If not then what do we put in the in the bank determination for sub accounts. Or is it that we dont need to have anything set up bank determination?
Looking to get the answers for all three

Hello Lakshmi,
1. Accountgroup clearing accounts bank
Recommendable is Accountgroup CASH, but you can even choose i. e. BS for Balance sheet. Normally the accounting department decides which accountgroup is relevant.
Very Important: activate open item management and line item display.
2. Different clearing accounts
I recommend min. one account for outgoing cheques and one for outgoing wires/banktransfers. Depending on the way you post incoming payments you need one account for incoming cheques and another for banktransfers/wires/direct debits.
Cheques should always be managed with a separate subaccount, just to enable a clear presentation of the chequeregister. Other electronical payments can be posted to another account.
3. outgoing automatical payments
If automatical payments are not used (cheques, wires, ach....) you don't need subaccounts.
If you use automatical payments: never allocate the GL-Bankaccount directly in the accountdetermination of the paymentprogram because the accountancy can not post the bankstatement correctly. Always use subaccounts in the customizing of the paymentprogram.
Hope this makes the banksubaccounts a littler clearer for you.
Best regards
Horst

Auto clear in bank clearing account

Hi, all
We have our eletronic bank statement, and use Bank G/L account, General Clearing Account, Transfer/out account and vendor account for a whole outgoing payment process.
When I use FF.5 to upload a bank statement, it will CR bank and DR General Clearing Account, and then CR General Clearing account, and DR transfer out account. So we will have a credit 100 and a debit 100 amount in General Clearing Account, when I display the account with FS10n, I could find out a -100 and +100 together with balance 0. But in front of them are marked as RED light. What should I do to let this general clearing account to be cleared automatically? I've already ticked Open Item Management and Line Item display in FSS0.
Thank you.

Hi,
I know F.13 is one way. But as in SAP, via FS10n, the DR and CR entry is already combine together as 0 balance, is there any place I could setup, so that it will automatically cleared without any intervene?
> Hi
>
> For auto clearing to this account you can use
> F.13.But you need to sure in this case that your
> asignnment of Debit and Credit entry is matching with
> each other.

Impact of not having bank clearing account?

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