What is Lock box?

HI
Dear friends
What is lock box, how to configure, can you send me if have any documents and related web sites.
Thank you.
Ashok kumar
Email: [email protected]

Following activities, you store the specifications for the lockbox procedure. This procedure is used to process incoming payment transactions (normally checks) in the USA. The Lockbox program will process a file of payment transactions from the bank, create general ledger posting for cash received and clear Accounts Receivable open items.
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Regards
Abhi

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What exact lock boxes

hi

Hi,
Lockbox is a payment mechanism designed for easy collection and better cash management.
This is a service offered by banks to companies in which the company receives payments by mail to a post office box and the bank picks up the payments several times a day, deposits them into the company's account, and notifies the company of the deposit. This enables the company to put the money to work as soon as it's received, but the amounts must be large in order for the value obtained to exceed the cost of the service.
For more info:
http://academic.uofs.edu/faculty/gramborw/sap/lockbox.htm
Regards
A
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Lock box facility

hi experts,i want to know about:what is lock box facility?can any body tell me the configation steps for that

hi
Using of lock box
Lockbox is a process provided by a bank where the customer remits his payment to a PO Box at your bank, the bank deposits the check in your account and enters the remittance data from the customer. Then the bank sends the data to you electronically for you to import and apply in SAP-AR.
The structure that the bank uses is usually one of two formats. BAI will provide you the customer information and the check amount but no invoice remittance data. Usually cheaper and works well for a business where customers are paying only one invoice at a time.
BAI-2 offers remittance data but the bank charges more for the service because they have to enter more info.
Look at structures FLB** to see the transfer data.
When the bank sends the customer payment data you use Treasury function FLB2 to import and then process the payments. This process attempts to determine where to apply the payment and will post directly against an invoice, an account to a customer or if it can't even determine the customer it posts into a clearing account (configured) to be resolved.
for furthur notes
http://help.sap.com/erp2005_ehp_03/helpdata/EN/06/992a88b22c11d289c70000e8215862/frameset.htm
nagesh

My apple logo shows up and then what appears to be a white line with a lock box at the end and the Itunes logo

i cannot get my ipad to respond. The apple logo appears and then a white line with a locked box and the end and Itunes logo. That is it. pushing my respond button does nothing.

YOU ARE IN RECOVERY MODE
1. Turn off iPad
2. Turn on computer and launch iTunes (make sure you have the latest version of iTune)
3. Plug USB cable into computer's USB port
4. Hold Home button down and plug the other end of cable into docking port.
DO NOT RELEASE BUTTON until you see picture of iTunes and plug
5. Release Home button.
ON COMPUTER
6. iTunes has detected iPad in recovery mode. You must restore this iPad before it can be used with iTunes.
7. Select "Restore iPad"...
Note:
1. Data will be lost if you do not have backup
2. You must follow step 1 to step 4 VERY CLOSELY.
3. Repeat the process if necessary.

Lock Box - item not getting cleared

Hi,
I m testing the lockbox process with the lock box file available online.
I could be able to import the file and document got created. But i have some doubts, please try to reply for the same.
1) payment advice got generated but the customer open item is still not cleared? do we need to process that further? the check status is applied and G/L document got posted.
2) I think we can also process lock box posting through Idoc, what is the process flow? would you pease eloberate on this IDOC process for lockbox.
3) I am not able to understand the posting done (without clearing the customer open item). Both debit and credit posted to a bank account. would you please eloberate the posting done while lockbox processing?
Please let me know if more information required.
Regards,

Hi,
If you are able to load the lockbox file then customer items shall be cleared. Please check the posting rule config and clearing accounts maintained for lockbox.
Thanks,
Sachin

Real Estate Lock Box Key

I have owned three Palms and now on my 4th.
The very first one,second one and third was able to be integrated with the software/programming to be installed into my phone for the ability to open realtor lock boxes. ALL Palms have infrared so once installed at my local board of realtors I am good to go and I simply access the program on my Palm point the phone at the lock box and it opens... among other functions but this is the one most used.
Now I have just purchased a new Palm Pre and ONCE AGAIN I am told by GE Security that the NEW Palm will not function as a lockbox because of it's operating system. IS THIS TRUE ARE ARE THEY TELLING ME THE SAME THING THEY HAVE DONE IN THE PAST BECAUSE OF EITHER SOMETHING BETWEEN THE TWO COMPANIES IS LACKING IN GETTING THE PRODUCT READY OR IS IT TRUE THIS NEW PRE WILL NEVER BE COMPATIBLE FOR LOCK BOX KEY USAGE?
Need help... don't think this is a question for tech support in India!

Currently, realtors can use Blackberries to access supra lockboxes by using bluetooth technology and a fob which converts the bluetooth signal to an infrared signal. Will we soon have this capability with Palm Pre? I want to upgrade from my Palm Centro to the Palm Pre Plus, but may have to go with a Blackberry instead. Any information you can provide will be greatly appreciated!
This post desribes the situation well: https://developer.palm.com/distribution/viewtopic.php?f=11&t=364&view=previous
Consider this another request to enable the Pre for compatibility with the GE Supra eKey. For years Realtors have utilized the Treos as their Smartphone of choice due to its ability to unlock the lockboxes that hold the keys to the homes we show. Currently no such application is available for the Pre because the SDK stifles access to the Bluetooth interface that is needed to communicate with the lockboxes. Here is what the eKey people say regarding the issue:
"Unfortunately at this time support for the Palm Pre is not possible. The Palm Pre is the first device to use Palm's new "WebOS", and the Software Development Kit (or SDK) available at this time does not include adequate access to the Bluetooth interface on the phone. Because of this, and because the Palm Pre does not have an infrared port on it, we will not be able to certify it as an eKEY device. Hopefully in a future version of the SDK, the required Bluetooth Access will be made available to our programmers so that we can support this device."
Just about every Realtor I know uses a Palm phone, but now people who want to update and upgrade their phones are jumping ship to Blackberry due to this single issue. I'm sure that I don't have to remind you that Brand Loyalty is incredibly hard to earn, and everyday that the Pre does not have this function you will lose valuable customers and an entire niche of users.
I know that I am not the first to make this plea, but of all the research I have done, I have yet to find a response or even an acknowledgment from Palm. Please advise.

Lock Box Reason Code.

Hi Experts,
I am getting one issue in lock box, If Suppose customer has invoice of $ 1000, he is eligible for discount of $ 50 so he should pay net amount $ 950. But customer is paying full amount without knowing that he is eligible for discount i.e $ 1000. so system is crediting back $ 50 to the customer(returning back the $ 50 to customer).
In this case i want system should accept amount $1000 and system should not credit $ 50 to customer(system should not pay back to customer $ 50), instead of this system should transfer the balance to GL account by using the reason code.
Note : we are using BAI2 format for lockbox.
Please be advised what should i do in this case if i want to accept the full amount from the customer without doing the credit to him and i want to transfer the amount to GL account by using reason code in BAI2 format.
Regards,
Sam.
Edited by: samiuk on Nov 11, 2011 4:23 PM

Yes you can.
Customer and User tolerance limits, payment advice tolerance limits and reason codes
When an incoming cash payment does not exactly pay the referenced open item(s), then the system will not be able to perform clearing without creating residual items back on the account - except when you establish tolerance limits to allow posting with a write-off of acceptable payment difference amounts.
Reason code settings are used for description and reporting purposes, generation of specific customer correspondence letters (automatic system generation whenever this reason code is assigned to a document), and difference item write-off/dispute status assignment.

Lock Box Uploading Issue

Hi,
When i upload BAI file into Lock Box...I am getting the below error in FBL2 transaction.
Accounts receivable posting Error: (F5 102) Customer * is not defined in company code 1000
After that when i see in to FBL1,I am getting the below error.
Payment Advise item doesnot exist
Payment advice 010000007500001 does not exist for account 9372 1000
Message no. FA006
Kindly help me what is the problem and why i am not able to upload it successfully?
Thanks
Kishore

I am experiencing the same issue.
I am wondering how you went about in correcting this issue
Thanks

Lock Box file format

Hi All,
I need help on lock box upload file format.I created a test file using bank layout & FLB* structure tables and put a test data for a customer.and tried to process it in FLB2 using pc upload but system didnt select the customer open items.
The file contains details for Record type 1,2,4,5,6,7,8,9.and I dont know what else need to do ,could anyone please provide any guidance on file format?.Thanks
100YPCCDESTINYPCCORIGIN1106221714
2YPCCDESTINYPCCORIGIN000000000040008000801
50010001234567110622YPCCDESTINYPCCORIGIN
6001001000012614407100001300091524660000055555
400100160195590023784
700100012345671106220010000126144
8000000123456711062200010000126144
9000000
thats the file I created but not working.
Regards
Shaun

Hi,
Please refer this links:
how to create Lockbox test file?
http://wiki.sdn.sap.com/wiki/display/ERPFI/ConceptofLockbox
Regards,
Pramitha.

LOCK BOX-forms

experts-
Can u give the brief explnation about the Lock box information there what type of FORMS are used, who is the configured about this one. (for eg:- we are use the forms in APP f110_D_AVIS) AS the same what type of forms are used.(if it is asking the correctly, pls pardon me)if u know the what u have give the brief expl...

hi
if i understood your requirements so u can try something like this.
SET_ITEM_INSTANCE_PROPERTY('ITEM_NAME',:SYSTEM.TRIGGER_RECORD-1,UPDATE_ALLOWED,PROPERTY_FALSE);
SET_ITEM_INSTANCE_PROPERTY('ITEM_NAME',:SYSTEM.TRIGGER_RECORD-1,UPDATE_ALLOWED,PROPERTY_TRUE);for more informations plz search for.
SET_ITEM_INSTANCE_PROPERTY built-insarah

Lock box post process

Hi,
Can anybody please let me know what is the error comes at the time of processing the Bank File?
and can please let me know what would be happened if we getting the less amount then the invoice amount. what kind of error the system will pass?
It's really very urgent.
THanks,

HI,
To have Lock Box Customizing in the system you need to defien the following
FA-Bank Accounting-Business Transaction-Payment Transaction-Lock Box
Define Control Parameters for BAI format as
Doc Length : 10
No of Doc nu in type 6 : 3
No of Doc nu in type 4 : 6
GL Account posting : x
Incoming customer payments : x
GL account posting type : 1
Enter all the details and save the BAI format
Define Posting Date as
Destination : 1000123456
Origin : 0011000390
Company Code : ABCD
House Bank : HSBC
Account ID: HSBCA
Bank GL account: Deposit bank A/c
Bank Clearing A/C : Clearing Account
Bank Posting Doc type : SA
Cus Posting Doc Type : DZ
Posting Key Dr : 40
Posting Key Cr : 50
Posting Key credit Cust : 15
Posting Key DR cust : 06
And save the posting date
And in Customer master Payment Transaction Tab create Customer Bank details with bank key and Bank Account.
then create a text file as show below
100100012345600110003900712110100
210001234560011000390
5086001007250407121110001234560011000390
60860020000150000 044115126189175247210 11000206
408600360171800000003 0000150000000000000000 testtesttesttest
7086007007250407121100100001500000
80860080072504071211000100001500009 015000 015000
9000001
If any confusion in text file give ur mail id i will send you the file with explanation.
Regards
Balaji

Lock Box config

Hi All,
I am trying to config the lock box with 'Define lockbox for house banks' but i could not proceed to config the lockbox, system saying message : '(House Bank) does not exits in T012', does it mean that we have to setup house bank first before proceeding to defining lockbox?
Anyone could guide me what are necessary steps to setup the Lockbox
Thank you in advance
Thanks
raj

Hi
House bank set up is necessary for lock box config. Below are the steps involved in lockbox config:
A. Basic Steps in Configuring the Lockbox
1.     Maintain Control Parameters -OBAY
2.     Maintain Posting Data - OBAX
3.     Create Lockbox Addresses for House Banks - OB10 & FI12
B. Steps in processing of the Lockbox files
1.     Test Data Generation for the Lockbox Program - RFEBLBT2 and RFEBLBT3.
2.     Importing of the Lockbox file - FLB2
3.     Display the documents posted -
4.     Post Processing - FLB1
VVR

A lock box?

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Lock box- payment differences

Dear gurus
We have a request to change the lockbox setup to handle auto write off any short/overpayments per customer invoice of +/- 50$.
So when there is a difference of +/-50$ on the payment file (in the lock box process- statement from bank) SAP should write off the difference to a GL acct automatically.
Please advise where in config, I can make settings and give the acct number, so that differences will written off automatically and how can I test my settings?
Many thanks in advance
MSJ

Hi Vinod
Thank you for your reply. I followed your instructions.
But I see that in OBXL there is already a GL acct 499999specified with no reason code.
And this Gl acct is hit if there is any unapplied/on acct payments from lock box.
What we need is , if there is any difference of =/- 50$ it should go to 488888 GLacct.
I tried putting 488888 in OBXL with a reason code(created a new reason code) and tried processing a lockbox file, but after running, I see that the payment difference of +/- 50$ is not being hit to 4888888 acct.
Please advise as what other changes we need in config.
many thanks
MSJ

About LOCK BOX account

Hi experts,
I have a doubt on lock box account.
1. when we open lock box account in bank it is used for payment collection from customers is it correct.
2. Then how that payment information sent to R/3 systems, where we get that bank files & which area it is actually storage.
3. How we can download that files is there any T.code for that downloading.
4. what is different between BAI & BAI2, EDI 820 & EDI823.
Thanks & Regards,
vinod.
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Dear
Please check the thread Item category 04000 not allowed
Regards

What is Lock box?

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