Outgoing Payment  and Bank Reconcilaition.

HI All,
         I have an issue regarding the bank account balance shown in the Bank G/L account. In case, cheques issued for outgoing payment but do not get cleared for more than a month, how do i carry forward it to the next month so that after reconcilaition the balance in physical bank statement and the G/L balance match at the end of the month. Currently in the legacy system used by the client they have the provision to change the posting date, so the posting dates for uncleared payment entries are changed to the next month, but this is not possible in SAP B1. how to match the balance in physical bank statement and system statement after reconciliation and get the exact available bank balance as indicated in the physical bank statement through the system.
Thanks,
Pritesh.

Hi,
There is no as such provision in standard B one.
You can use 1 work arround. Make Two banks for every bank (Like HDFC,HDFC Reco).
First make the payment from HDFC Reco and finaly when the check cleared from bank , pass an JE for HDFC and HDFC Reco.
Hope it will help you
Thanks
Deepak Tyagi

Similar Messages

  • Error at Outgoing payment  and general ledger report

    Hi Experts,
    I am getting a error while opening Outgoing Payment and General ledger Report, Errors are : "Path Can not be Null, Parameter Name: Path" and "Error code: 100000004, Error: Unknown session" ,respectively.
    These errors are only at a particular client machine.
    Kindly suggest solution.
    Thanks in Advance.
    Ashutosh

    Hi Jambulingam/Suraj,
    I checked the by giving admin rights, also with different user login, but these errors come as and when they want, i have put in this system in observation and wil update this thread accordingly.
    There is no citrix server.
    Thanks for your reply.
    Regards
    Ashutosh

  • Approval for Incoming,Outgoing Payments and Deposits

    Hi guys,
    I need to set an approval  whenever the user wants to close or cancel Incoming Payments,OutGoing Payments and Deposits(Just Right Click on the Document and Close/Cancel).
    I tried to get approval when adding the above documents but not able to set for cancel/Close.
    Pls tell me how to achieve this..
    Thanks,
    Vams

    Hi Vams,
    As suggested by Gordon, you won't be ab;e to trigger an approval for this. SP may only block if some one tries to cancel or close the document. You can block the same by using authorizations. So why don't you directly use authorizations??
    Thanks,
    Joseph

  • Outgoing Payment and Cash Account

    Hi All,
    When I try to make outgoing payment, I do enter the amount in payment and I try to press OK button. A message showing "A cash account is required. Choose a different account may cause inaccuracies in the cash flow report"
    What does the message mean? and how do I solved this issue?
    Thank

    Lee,
    In Administration - Choose System Initialisation - go to Company Details and go to the Basic initialisation tab....in this tab below you will find the House Bank when you enter your House bank here it will automatiaclly appear in the payment means in the outgoing payments form.
    Just for e.g.Now in the outgoing payment means form in the last column you enter the amount say USD 10000 which is a part payment out of USD 20000 which you are settling by HSBC bank cheque and the remaining USD 10000 you want to settle by Citi Bank cheque which you can enter in the next row Or simply settle the whole amount by one cheque usung one House bank.
    Basically the system gives you the flexibility to settle as per your convenienece hence it has allowed you to choose the other banks.
    Hope this clarifies your doubt.
    Nagesh

  • Outgoing Payment Report - Bank Transfer

    Does SAP Business One have a built in "Outgoing Payments report" that would display payments made via bank transfers?
    Or the only option is to create a query?
    Thanks,

    Hi
    How about checking at forum too.
    Here is one of the query
    Reg: Bank Transfer Repor
    Thank you
    Bishal

  • Discount in Outgoing Payment  and Cheque for payment PLD

    Hi,
    Using SBO2007A PL30
    I have tried to find whether there are system variables for amount outstanding and discount which show amounts in foreign and local currency.
    I can't find any references in the .xls document how to use system variables in SBO 2007., and strangely there is no reference in that document to the system variables which already exist in the in- built layouts
    Cheque for Payment
    - total amount paid ( variable 97 )
    Outgoing Payment
    - posting date ( variable 202)
    - Doc Ref ( var 200)
    - Your Ref ( var 201)
    - amount paid ( var 63)
    This leads me to suspect that system variables for outstanding amount and discount may well exist.
    In the meantime I have had to do this using references to database fields Outgoing Payments - Invoices: Discount Amount and Outgoing Payments - Invoices : Amount before Discount with formulae to determin whether the document is in local or foreign currency.
    A further downside to this is that a credit memo is displayed from the latter database field without a negative sign
    Does anyone have any suggestions here?
    Thanks

    Managed to figure out most of it but for the record I have discovered an additional 4 system variables in use for paid document details at line level. Here is the complete list so far:
    outgoing Payment
    PostingDate 202
    our Ref        200
    your Ref      201
    o/S Amt       ?     ( used formula based on db fields instead)
    Discount       ?    (  used formula based on db fields instead)
    Payment       63
    Cheque for Payment
    posting Date  104
    our ref            101
    your ref          100
    O/s amt         96
    Discount           ? ( use formula :difference between 96 and 97)
    Payment        97
    If anyone can supply the missing variables if they exist, I'd be grateful.

  • Electronic Batch Payment and Bank Account Assignment Details

    Hello,
    We are having an issue with Electronic Payments and it Account Assignment, as you know when you are adding the banking details you have the option to assign it to the Supplir,Site or Address, ect.
    If I assign it to the supplier, it works perfectly when doing quick and batch payments, but if I assign it to the site (which is what I will need) it works perfectly when doing a quick payment, but when I do a batch payment all the information regarding the bank account, check digits and account type comes as 0000.
    Please help, I dont know what else to do.
    Regards and Thanks,
    M,

    Hello,
    We are also in r12.1.1, there is a way I can send the template I am using or you can help me to review the setup. I dont really know what should be the problem.
    Please Help.
    Thanks and Regards,
    M.

  • Outgoing payment and formatted search

    hi
    how can i write a FS that distinguish between the methods of the payment (cash, check,cc).
    thanks
    Rafi

    Thanks Suda for your reply.
    what is the right syntax for the case statement.
    i want to get an automatic journal memo, each time i make an outgoing payment.
    Till now i have a FS that don't distinguish between the methods of the payment, which cause later on some confuses in our books.
    the trigger for this FS is a change in the code name of the document.
    my goal is to have a FS that's changed according to the methods mentioned above, and i'm afraid i won't be able to make it evoke automatically.
    "Also $32.0.0.25 is incorrect. Form field references have only 3 parameters not 4 "
    i put only 3 parameters, the 25 is the number of digits in the left function.
    Thx
    Rafi

  • Outgoing Payment with Bank Charges

    Most of the client wants to do payment (in/out) to have more than one charges in the same transaction.
    In SAP B1 2005B can have one bank charges a/c setting from incoming, but how is the process on outgoing. there's no bank charge can be selected.
    If doing payment on a/c and do bank reconciliation, it takes serveral steps to complete operation and not in the related journal entry.
    Any suggestion?

    Hi,
    Maybe you could try to do what I solve that problem in 2005A version.
    I select credit card (from payment means) --> credit card name --> bank charges (click define new (to create bank charges) from vouchers grid/form in the payment means --> credit card --> vouchers) --> select G/L account but you must define bank charges account in liabilities or in other drawer but all depends on your accounting. Consults your accounting staff for best option. This also could be done along with other payment means, for example cash, bank transfer or check.
    Rgds,

  • DOCUMENT SPLIT FOR DOWN PAYMENT AND BANK TRANSFER

    Hi,
         When  i use document types  SA  and DZ for Bank Transfer and Customer Down Payment respectively Doc split business transaction will be 0000(Unspecified posting) and 1000(payments) how the system will do document split ?should i enter the profit center in order to get doc split ?
    Regards,
    Guru
    Moderator: Please, search SDN

    Hi,
    When i use doc type SA business transaction 0000 and transaction variant variant 0001 triggered .For this combination  ,only the item category " company code clearing " is split .But my GL accounts(Banks and customer ) are different from the item category "company code clearing".In this case ,how system will do the split?
    Regards,
    Guru

  • Cash payment and bank transfer

    Hi all,
    When some advance cash payments given to the employee in the middle of the month, how we normally incorporate this payment into the system with respect to bank transfer and posting to accounting activiites.
    Regards,
    Celine

    How does the "advance cash payment" work?  Do you give cash to the employee, does the accounting department make the payment (check or EFT) or does payroll execute an Off-Cycle Payment Run to generate the advance (check or EFT) ?
    If the payment is done "outside" of payroll, then you should create one (recuperation) to three (advance, recuperation, balance owing) WTs to manage the situation.
    The "Advance" WT should not generate a new payment if it is only to record something done with cash or through Finance.
    The "Recuperation" WT should deduct from the employee's net pay, and should be posted to FI/CO according to your situation.

  • Firefox blocks online utility payments and bank transfers

    I have had problems within the last three weeks or so doing certain things involving online transactions. It started with bank transfers, and now I am having problems with my gas company's online bill payment. I get strange messages that don't give me any real idea what is causing the problems (my gas company's site for example tells me to enter a valid Zip, or tells me that my phone number is not in a valid format). I only know it's Firefox because when I run into these problems, I try again in Internet Explorer and it works fine (the way it used to in Firefox). I do sometimes get messages about Firefox stopping the page from redirecting to another site, but strictly speaking, these messages don't occur at the same time as the problems I have with services on the site.

    Reload web page(s) and bypass the cache to refresh possibly outdated or corrupted files.
    *Press and hold Shift and left-click the Reload button.
    *Press "Ctrl + F5" or press "Ctrl + Shift + R" (Windows,Linux)
    *Press "Command + Shift + R" (MAC)
    Start Firefox in <u>[[Safe Mode|Safe Mode]]</u> to check if one of the extensions (Firefox/Tools > Add-ons > Extensions) or if hardware acceleration is causing the problem (switch to the DEFAULT theme: Firefox/Tools > Add-ons > Appearance).
    *Do not click the Reset button on the Safe mode start window or otherwise make changes.
    *https://support.mozilla.org/kb/Safe+Mode
    *https://support.mozilla.org/kb/Troubleshooting+extensions+and+themes
    You can check this:
    *Firefox/Tools > Options > Advanced > General : Accessibility : [ ] "Warn me when web sites try to redirect or reload the page"
    The setting in "Tools > Options > Advanced > General" is meant as an accessibility feature, as you can see by the label of that section, so that people with disabilities or people who use screen readers do not get confused and is not meant as a safety protection to stop redirecting.
    See also:
    *https://support.mozilla.org/kb/settings-network-updates-and-encryption#w_general-tab
    *http://kb.mozillazine.org/accessibility.blockautorefresh
    *http://kb.mozillazine.org/Accessibility_features_of_Firefox

  • Approval procedure on outgoing payment for Cash and bank transfer

    Dear Expert
    I want to know about outgoing payment approval
    Is it possible to set approval on payment means base ?
    Like I need to set approval for my user
    case 1 is : - If my user make payment by cash more then 5000 then approval it should be approved by manager
    And if my user make a outgoing payment by cash more then 100000 then it should be approved by MD
    Case 2 is If my user create outgoing payment by Bank transfer then more then 25000 then it should be approved by manager
    And if it is by bank transfer more then 500000 then it should be approved by MD
    IS it possible ????? Please guide me
    Thanks
    Riny

    Hello Sir
    Thanks for reply , Well I created query and executed but its giving false value but when i attached this query on approval , Its not working ..
    Please help me and also please comment on my another thread which is about No matching record found error
    Thanks

  • Bank Charges on outgoing payment

    Currently using SAP 8.8 PL 14
    Question: On outgoing payments through Bank or RTGS there is some charges deduct by bank on these services. presently these charges are not showing in bank books.
    we are punching service entries extra for bank charges.
    is there any solution to charge the same within single entry.
    Regards
    Humraaj

    Hi Humraaj,
    please have a look at the article below for a workaround:
    [Business One in Action - How can we post bank fees and charges while posting Incoming or Outgoing Payment transactions?|http://www.sdn.sap.com/irj/scn/index?rid=/library/uuid/b08e828f-f2d0-2c10-41b1-dbb0b9943ee8]
    All the best,
    Kerstin

  • Bank Charge for Outgoing payment. Any workaround

    Hi,
    Has anyone develop solution for the Bank Charges in Outgoing payment ?
    Under Incoming Payment, there is a bank charge field which is will post together with the amount received from customer.
    We would like to have the same function in Outgoing Payment and automatically post in Journals. How can SDK help ?

    Hi ,
    Try this work around for bank charges involved while making payments.
    Example
    Amount due to supplier-10000
    Bank charges - 100
    Total payment - 10100
    1)Go to outgoing payment screen/type the vendor and select the invoice of 10000.
    2)Go to payment means and against bank column enter 10100
    3)In payment means in row two type bank charges for 100
    The system will throw an error saying bank charges is not cash account.still u can post the entry.
    The accounting entry will be
    Supplier a/c Debit - 10000
    To bank a/c Credit -10100
    To Bank charges a/c credit - (100)
    (instead of debiting bank charge expenses it is crediting the charges in negative figure / impact is same)

Maybe you are looking for