Manual Bank Reconciliation-w/o configuration?

Friends,
Clients requirement:
Customer pays by credit card.
Money is received in bank sub account/ clearing account.
When bank statement arrives, the sub account is cleared and money gets deposited in Main Bank account.
My question, can I use manual reconciliation functiona without actually doing the configuration steps : like account symbols, posting rules, keys etc?
If yes, what would be steps?
Thanks,
A

Hi
If you want to use Manual reconciliation ( I understood the process is  as you will receive  the bank statement either in hard or soft copy. you will manually reconcile the cleared cheques incoming and outgoing with the G/L accounts and Bank statement) you can map only one G/L account per bank account. In that G/L account you have to do all transactions like payments and receipts.
periodically you can reconcile only one G/L account.
The users burden will increase. If the transactions are less in a  bank account and users are very less, you can follow this procedure.
everyone will advise not to use this practice.
With regards
Siva

Similar Messages

  • Configuring the manual bank reconciliation and the electronic bank reconcil

    Configuring the manual bank reconciliation and the electronic bank reconciliation
    can anybody help me on this
    thanks
    raju

    hi,
    Manual Bank Statement.
    1. Create Account Symbols
    2. Assign Accounts to Account Symbols.
    3. Create keys for posting rules.
    4. Define posting rules
    5. Create and assign business transactions.
    6. Create manual bank statement variant.
    Electronic Bank Statement.
    1. Create Account Symbols
    2. Assign Accounts to Account Symbols.
    3. Create keys for posting rules.
    4. Define posting rules
    5. Create and assign business transactions.
    6. Create manual bank statement variant.
    7. Assign External transaction type to posting rules.
    8. Assign Bank Accounts to transaction types.

  • Manual Bank reconciliation Statement

    hi experts,
    In my client site I am configuring Manual bank reconciliation statement where I found the bank main account was cofigured as a clearing account(open item management activated) and manually data are posted .
    My question If I upload a bank statement in transaction code FF67 and post it, will the system throw an error because the main bank account was configured as a clearing account?
    plz help me out.
    With regards,
    Sudipto

    Hi!
    Configuration Document in Development 200 for Automatic Bank Reconciliation Process.
    1. Define Posting Rules :
    Path : SPRO u2013 Financial Accounting (New) u2013 Bank Accounting u2013 Business Transactions u2013 Payment Transactions u2013 Manual Bank Statement u2013 Define Posting Keys and Posting Rules for Manual Bank Statement u2013 Define Posting Rules.
    In this Posting Rules need to be changed to 1-Post to G/L account from u20185-Clear credit G/L actu2019 and u20184-Clear debit G/L acctu2019.
    2. Maintain Variants for Bank Statements :
    In this we define variants for Manual Bank Statements as required and then this variant is attached in FF67.
    Path : SPRO u2013 Financial Accounting (New) u2013 Bank Accounting u2013 Business Transactions u2013 Payment Transactions u2013 Manual Bank Statement u2013 Define Variants for Manual Bank Statements.
    3. Additional Rules for Automatic Clearing :
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  • Manual Bank Reconciliation

    Dear All,
    I have configured all the necessary steps of manual bank reconciliation but the batch input session is not generated.
    Further m preparing the statement for first time so i have entered the opening balance in the Main Bank G/l. I have entered the opening & closing balance in manual bank stat.But while posting the statement m getting an warning mesg " Amt entered does not correspond to the account statement account" & still the statement gets posted but the batch input session is not generated. Kindly reply asap.
    Regards,
    Nazia Shaikh

    Hi,
    Atif,
    There is no error log...as batch input session is not generated..When i go to FF67 - Overview ...it shows Manually Entered in statement.
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    Message no. FV072
    Diagnosis
    The account statement can only be saved if the total of the entered amounts       3,000.00 matches the difference       3,000.00- between the closing balance       3,000.00- and the opening balance           0.00.
    Procedure
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    Edited by: Nazia Shaikh on Jul 18, 2011 12:21 PM

  • MAnual bank reconciliation to Automatic bank reconciliation.

    Hi Sapients,
    we are doing BRS manually for all collections and disbursement accounts.
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    1. HDFC                                       - Collection Account
    2. Deutsche Bank                     - Collection Account
    3. Standard Chartered Bank - Disbursement Account
    Currently it takes lot of time to reconcile manually and now its decided to move from manual to System BRS for better control and time saving.
    Is it possible in sap. If So where we have to configure in sap?
    Otherwise please provide me the alternatives to manual bank reconciliation.
    Regards,
    Prasad

    Hi,
    BRS can be automated in SAP system, you need to configure additionally 3 more steps in addition to the manual BRS configuration steps to avail this funcationality (Electronic Bank Statement)
    Path:- Financial Accounting (New) -- Bank Accounting -- Business Transactions -- Payment Transactions -- Electronic Bank Statement -- Make Global Settings for Electronic Bank Statement
    1) Create Transaction Type
    2) Assign External transaction type to posting rules (Banks generally have there own codes for various transactions)
    3) Assign Bank Accounts to transaction types
    The Various formats that are available for Bank Statements can be found in T. Code FF_5, in Elect. bank statement format field.
    Regards

  • Manual Bank reconciliation statement process

    Hi
    Please can any one give me Step by step how to configure and post Manual Bank reconciliation statement process in FF67 how to post
    Thanks

    colsed without resolve

  • Manual Bank Reconciliation: FF67 and FB05 issue

    Here in our business we have configured manual bank reconciliation.
    When i post entries in FF67 with processing type=4 , i get errors in posting.
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    This calls the transaction code FB05  the first line item is correctly accepted. then it goes for process open items but it gives error in second line item and it asks for cost center in a pop-up screen ( where in business area field is greyed out cost center is optional, profit center is optional). after giving cost center it automatically populates business area and profit center and successfully accepts the entry and successfully posts the entry.
    But it i do same transation directly using FB05. I only give business area,  profit center in first line item only and only account code in second line item it successfully posts the entry.
    I do not want to give cost center while posting thru FF67. Any one who can help in this will be highly appreciable.

    Prasanna,
    You can analyse your GL accounts in order to have Cost Center populated by OKB9 assignment.
    You can also check your GL Account field status group and define another for no Cost Center entry required.
    regards

  • Manual Bank Reconciliation (ff67)

    Hi
    This is with reference to the manual bank reconciliation in ECC6.0
    We have three geographical location and having 10 banks. We have defined each location as vendor and customer for transfer purpose. We use to transfer fund on regular basis from one back to another bank.
    The mode of transfer is instruction to bank. Due to this, entries passed into books at the time bank reconciliation only. Now the following entries need to be passed in SAP environment during bank statement upload: -
    Vendor A/c                Dr     
    Main Bank A/c           Cr
    Or
    Main Bank A/c          Dr
    Customer A/c           Cr
    Please guide me what are the setting needs to be done in manual bank reconciliation configuration to get above during bank statement upload thru FF67.
    Thanks & Regards
    DD

    Dear Ganesh
    Thanks for reply. I have already define the following rule as follows: -
    A/c Symbol :-    DT_C - Divisional Credit
                            DT_D - Divisional Debit
    Assigining a/c to a/c symbol: -
                            DT_C - +++++++++0
                            DT_D - +++++++++0
    Key for Posting Rule: -
                            DT_C - Divisional Credit
                            DT_D - Divisional Debit
    Define Posting rule: -
                         Posting rule           - DT_C                  
                         Posting Area         -  2
                         Posting Key (Dr)    -  40
                         A/c Symbol           - Main Bank
                         Posting key (Cr)    - 35
                         A/c Symbol          - Not maintain
                         Posting type         - 3           
                         Posting rule           - DT_D                  
                         Posting Area         -  1
                         Posting Key (Dr)    -  25
                         A/c Symbol           - Not Maintain
                         Posting key (Cr)    - 50
                         A/c Symbol          - Main Bank
                         Posting type         - 2
    Please look into above configuration and suggest the possible changes.
    Thanks & Regards

  • Manual bank reconciliation statement FF67

    Hi ,
      what are the data to be enter the data in FF67 for manual bank reconciliation statement and how to post the bank G/L? How to check whether it is posted or not? Please tell me the steps..
      If use BDC for Tcode FF67...Bank G/L will be posted automatically? How to check whether it is posted or not? Which tables get updated while clearing G/L.
    Thanks in Advise

    Hi
    Check the link for BDC for Bank recon
    Help in Upload program for T-code FF67
    If your main Bank Closing balance tallies with your physical bank balance, it means your statement has been posted.
    Regards
    Sanil Bhandari

  • FF67-Manual Bank Reconciliation....question regarding automatic clearing

    Hi
    Dear experts,
    I have a question regarding manual bank reconciliation, everything is working fine as far as FF67 is concerned but I am having a problem with auto clearing for cheques received in, I know that an algorithm decides which field should be taken into account for deciding the clearing items as the cheques issued out is working fine by the cheque number, for cheques received in what algorithm should be used and in what field should I enter that in Tcode F-28 so that it clears the document automatically. OR will I have to create a algorithm, if so from where?
    Thanks to all who reply
    regards

    You can use an algorithm like bank reference, document search, etc. 021 or 020.  While making the entries for cheque receipt (customer) you have to put the cheque number in the reference field and at the time of clearing the transactions from the statement, please ensure that the same cheque number is i put in the clearing data.

  • Posting Manual Bank Reconciliation

    Dear Experts,
    I have posted Manual bank reconciliation using tcode ff67. I want to see the document no and be able to trace the entries passed. But the stastus is showing "Entered".
    Pls help

    Hello,
    Please see transaction
    FEBA
    or
    FEBA_BANK_STATEMENT
    For the entries posted, you can see FBL3N for the bank-sub accounts.
    Regards,
    Ravi

  • Manual Bank Reconciliation(FF67) BDC / LSMW Required

    Hi,
    Please help me out i am stuck in making a BDC or LSMW for Manual Bank Reconciliation using T-Code FF67. I require the code for it...
    Regards,
    Abhishek.

    Initially, goto SHDB & record the transaction FF67. U need to fill up all the required data fields and when at last u save this, a sample BDC code gets generated. U can use this sample code to write ur program.
    Hope U can do this & resolve the problem.
    Pl. award points.

  • Manual Bank reconciliation table

    Hi Experts,
    Please provide following information
    In which table manual bank reconciliation(External) information is stored ?
    How can I differentiate reconciled and unreconciled entries from the table?
    Thanks in advance
    Ajith G

    Hi Ajith........
                        You can get your reconciled records in OBNK Table once reconciled. Or you can see the report in General ledger also, there you have option reconcilled or unreconcilled.
    Regards,

  • Manual Bank reconciliation statement error

    Hi
    I am try to save the Manual Bank reconciliation statemnt in T Code FF67 there I set the Procssing type 2 Batch Input session But the system not create batch input session why i dont no Plaese any one give me replay --
    Process of Manual bank reconcilation
    and
    how to save the statement
    seema

    colsed without resolve

  • Error Manual Bank Reconciliation T.Code:FF67

    Dear Experts,
    1.     Create GL Accounts
    ICICI Main Bank A/C (GL No.5001200)
    ICICI Outgoing Clearing A/C (GL No.5001201)
    ICICI Incoming Clearing A/C (GL No.5001202)
    2.     Create Account symbols
    Check In
    Check Out
    Main Bank
    3.      Assign accounts to account symbols
    Acc.Symbol      Act.Symbol     Currnecy     Account     Description
    CHECKIN     +          +          5001202     Checks Receipt
    CHECKOUT     +          +          5001201     Check Issue Out
    MAINBANK     +          +          5001200     Main Bank A/C
    4. Create the posting keys
    L101-Check Issued Out
    L102-Check Received In
    5. Define the posting rule for the same
    Post.Rule  Post. Area   P. Key       A/C        Pkey     A/C            Dco.Type        Posting Type
    L101          1           -          Check Out           50          Main Bank         SA                4 (Clear DR Clear)
    L102           1          40         Main Bank            -             Check In                   SA                 5 (Clear CR Clear)
    6. Create and Assign Business Transaction
    Trans     +/-     Posting Rule     Text
    L101     -     L102          Check Received A/C
    L102     +     L101          Check Issued Out A/C
    I done all the Configuration bank reconciliation but  i am getting  this error
    u201CThere are no transactions that have this amount's plus or minus sign u201C
    Please help me to solve this error.
    Thanks in advance
    Selva

    You are trying to post a debit amount on a credit key or vice versa.  Check the key assignment.  Since you are using manual BRS, you'll have to specify the credit amount with a minus sign in FF67.
    Once you do this, the error will vanish.
    Ravi.

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