Wire transfer Incoming payment

Hi Gurus,
i got a scenario to import wire transfer file ( one receives from bank) to sap. usually we have transaction to import the lockbox file (T-code FBL2) in to sap and do posting. Similarly, whether is there any t-code or program for importing wire transfer file and do incoming payments in sap.
Thanks in advance.

Hi
Think the below would be helpful:
Wire Transfer - Refers to a same-day transfer of funds from an account at one bank to an account at another bank, initiated over the Fedwire system. The Fed guarantees to pass value as of the date of the Fedwire transfer is initiated provided the transfer meets all required criteria. Fedwire is a part of the Federal Reserve System Communication Systems.
ACH Transfer - Clearinghouse associations in many major cities have developed electronic methods of passing payments among members and other financial institutions in the region, and of exchanging payments among the ACHs themselves. ACH transfers may be either credit transfers (sending funds out) or debit transfers (pulling funds in). Either the payee or the payor may initiate them.
Differences between Wire and ACH
Wire Transfer is geared to a single transfer, while ACH Transfer is geared to handling multiple transfers in a batch mode.
Wire Transfer is geared to same-day settlement, while ACH Transfer is geared to future-date settlement.
Wire Transfer is expensive because of their customized one-at-a time nature, while ACH Transfer is inexpensive because of their structured data format and high-volume batch nature.
Regards
Aravind
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Cancel or Delete a Bank Transfer Incoming Payment.

Please advise how I can cancel a ( bank transfer) incoming payment. Our client has entered two incoming payments which are both bank transfers. One needs to be canceled. Thank you for your help in advance.

Darpal,
Bring up the Incoming Payment
Right Click
Choose "Cancel"
This will cancel the incoming payment.

Wire transfer in Automatic Payment Programme

dear friends
do any body know how to configure wire transfer in APP Pls, let me know it urgent for me if there any documentation on it it will be more helpful for me plz do it fast [email protected]
awaiting for you kind replys i want detailed configuration steps plzzzzz.

1) Setup the vendor master to have "W" (Wire) as the payment method.
2) Configure company codes, payment method "W' in company codes and bank determination in FBZP.
3) Execute the payment program
Here is some documentation that might help.
[https://wiki.sdn.sap.com/wiki/display/ERPFI/PaymentProgram|https://wiki.sdn.sap.com/wiki/display/ERPFI/PaymentProgram]
Assign points if found useful.

Grouping of payment requests for Wire transfer in f110

Hi Gurus
Please let me know how to Group the payment requests which has Wire transfer as the payment method.
Actually can we group the payment requests for the Wire transfer payment method
I have to show the balance carried forward for the payment advice by grouping them.
If you know solution please let me know.
Thanks in advance
Meenkashi

Meenakshi, You can group the payment request with payment method 'wire'. For grouping them you have to fulfill the following criteria:
1. On the payment method the 'single payment' should not be checked. This is normally the case and in most situations people realize this after lot of failed efforts to find why it is not grouping.
2. On the Business Partner master data you should not have checked 'individual payment' in the 'Payment details' TAB under each company code.(BP role 'Counterparty'
3.In the FRFT screen (if you are doing bank-to-bank transfers and for which you don't need Business Partners) the 'individual payment' should not be checked
4. Onthe BP master data, if you select 'same direction' payment requests flowing in one direction (outflow or inflow) can only be grouped. sometime you would need to group both inflow and outflow (for e.g. In case of commercial paper when you invest, you have to pay only the net amount (Principal - Interest). However SAP generates two different flows - Principal which is outflow, Interest which is inflow.)
5. On the Transaction, in the Payment details TAB you have a slew of options to group - All within Treasury can be grouped, All of a Product category can be grouped, Only flows from an ID no. etc. etc.
6. On the transaction again in the payment details TAB see to it and that you have not checked 'individual payment'.
Hope this helps
Please award points if this information is useful. If you have further doubts please post your doubts and I will try to answer.

Wire transfer payment set up for US

Hi
Has anybode worked on wire transfer set up for US company code ( International payments ) ? Where can I get documentation on this subject ?
Regards
Raj

Hi,
You can set up payment methods for ACH and wire transfers in tcode FBZP. Those are used in F110.
1. Select the payment method for wire or ACH when running F110. It will create a file for you to use for the banks.
2. Setup paying company codes, house banks and accounts, bank determination, country and company payment methods and bank selection. You will have to use program RFFOUS_T for doing the ACH payment.
3. You then do an FTP using the banks software transfer file and select the file you created and then send it to the bank.
4. For wire transfer configuration please use Payment Method T and Payment Program RFFOUS_T also you can use program RFFOEDI1. To customize the program please read program documentation.
Thanks
Arman

How to address Cash payment, ACH & Wire Transfer to Customers in SAP

Hi Experts,
I have requirement where customers make payments thru cash, ACH & Wire Transfer, could somebody let me know how to address this in SAP and what payments methods needs to be configured and how to use these payment methods and the entire process
Thanks in advance
Best Regards,
gj

Hi Madan,
Whenever you use FBCJ for postings, it has to be for Cash postings only. The Cash posting is default and you don't get the option to enter the cash GL. So, whenever you make postings in FBCJ, one leg has to be Cash A/c(Either DR. or CR.)
My question to you is, why would you like to post Vendor Invoice in FBCJ? You have FB60 to post Vendor Invoice which would post a Credit on vendor and your advance postings in FBCJ would have posted a Dr. on Vendor.
You just need to clear this Dr. and Cr. postings in T-Code F-44 and your transaction is complete. There is no need to try to post Vendor Invoice in FBCJ. Only & Only Cash transactions can be posted in FBCJ.
Hope this helps. If this has answered your query, please close the thread.
Regards,
Kavita

How do I make payment via wire transfer?

I'm from Malaysia and I only have AMEX card, but is not accepted to make payment. How do I make payment via wire transfer?
I am entitled for the promotion: Complete Special Offer for RM1,103/year and I would like to purchase it. Please help.
Thanks.

Hello gracepoon,
one option would be that you use Contact Customer Care = http://helpx.adobe.com/contact.html, by clicking through the headlines.
If none of the conditions is fulfilled, and if "open" please use chat, I had the best experiences. I quote from Preran: The chat button is activated as soon as there is an agent available to help.
This contact link is "brandnew", please give it a try: What are my contact options?
On the other hand you can have a look there: "Telephone numbers of customer service and technical support Adobe worldwide" >>>
Adobe - Adobe worldwide customer support phone numbers
Good luck!
Hans-Günter

Payment Method- Wire transfer

Hi,
Payment menthod for country is not setup for wires, but it is there for check. Is this only through configuration, or something I can do?.. I am lookin for the solution apart from payment method configuration & using F-53, Is there any other way to proceed further.

Hi Gaurav,
I have checked in SDN, Help.SAP.com. I have clearly mentioned that payment method is not setup for country for wire transfer. I am talking about FBZP. I have 2 methods 1. FBZP 2. F-53, I dont wnat to use FBZP, & For f-53 going forward I have to use f-53 which I dont want. Which is very much clear in my previous query
I have already read the Rules of engagement before posting. Thanks
Regards
Sathish

Incoming Payments - Default account in Payment Means tab Bank Transfer

Hi all,
I want the G/L Account in Payment Means (Incoming payments) - tab Bank Transfer to be set by default.
For OUTGOING payments this is set via G/L accounts determination but there is no such option for INCOMING payments (?).
I tried by creating a FS ,simply:
SELECT '1930'
which I connected to ORCT.TrsfrAcct
Autorefresh when Transfer Date changes - but that does not work. If I run the FS via Shift-F2 - I get the account number - but not automatically by changing Transfer date.
Help anyone?
Thanks,
Susanna

Hi,
It seems that you have to trigger the FMS by 'Shift+F2', as all the trigger fields are in payment window and not the Payment Means window.
There is no other option.
Regards,
Jitin
SAP Business One Forum Team

Error importing Incoming Payments using the Data Transfer Workbench

Every time I try to import Incoming Payments using the Data Transfer Workbench I get an error that the Update Failed - Can not find this object in B1Application-defined or object-defined error65171. I'm using the 3 templates for Payments, Payments_Checks and Payments_Invoices. I've filled them out as I've seen in other postings in this forum. Based on the error message, I really can't tell what I'm doing wrong. Could someone please take a look at my files and let me know what might be causing the error?
I'm using SBO 2007A PL41. Here's what I have entered in my templates for my test file.
Payments file
RecordKey 1
DocEntry (blank)
CardCode 1033985
DocDate 20081215
DocTypte rCustomer
TaxDate 20081215
Payments_Checks file
RecordKey 1
LineNum 0
AccounttNum 0
CheckAccount _SYS00000002152
BankCode CC
Branch 12345
CheckNumber 1
CheckSum 78.7
CountryCode CA
DueDate 20081215
Trnsfrable tNo
Payments_Invoices file
RecordKey 1
LineNum 0
DocEntry 31791
InvoiceType 13
SumApplied 78.7
Thank you.

Hi Suda,
As far as I can tell from the threads you forwarded (and other searches I've done on here), my files are correct. I tried filling out the templates exactly as explained in the first link (see my data below) but it still isn't working. It just gives me the same generic error.
Payments
Record Key....CardCode.....DocDate
1...................1033985.......20081217
Payments_Checks
RecordKey....CheckAccount........CheckNumber....CheckSum
1.................._SYS00000002152..1..................... 78.7
Payments_Invoices
RecordKey....DocEntry.....SumApplied
1..................31791..........78.7
Is it correct that the Payments file should not contain anything in the DocEntry column? (I know that the DocEntry in my Invoices file is the DocEntry of the Invoice). I have a feeling that I'm making a stupid mistake somewhere but I just can't figure it out. Any ideas?
I really appreciate your help with this.
Thanks,
Charlotte

Importing incoming payments using data transfer workbench

Hi experts
I am using data transfer workbench for incoming payments, but incoming receivables are checks.
I am using three templete files
1.Payments
Recordkey Cardcode Docdate
1                 A0001      21102009
2.Payments_check
Recordkey Lineno Checkaccount Checknumber Checksum Duedate
1                       0               161016                1234                11500        21102009
3.Payment Invoice
Recordkey Lineno Docentry SumApplied
1                     0               616000012      11500
In the field docentry i am placing the invoice number ,i did tried placing the payment number as well in both the cases i am getting the same error. Invalid document number for rct2.docentry Application defined or object defined error 65171
What should i do to resolve this error.
Thanks and regards
Rohan

Hi Rohan,
Document number is usually not the same as your DocEntry. Run a simple query to find it out:
SELECT T0.DocEntry FROM OINV T0 WHERE T0.DOcNum = '[%0\]'
Also the Date format should be YYYYMMDD.
Thanks,
Gordon

Which field, table for Document No in Incoming Payment

Need to retrieve all posted Incoming payments with matched Invoice Number, Credit Memo Number (checks, cash, credit card or wire transfer payment means). I will use this result to compare the Invoice /CM to pay com.
Can someone provide the query? Thanks.

Try this one:
SELECT T1.CardCode Customer, T1.CardName 'Customer Name', Case T0.InvType WHEN '13' THEN 'INVOICE' WHEN '14' THEN 'CR Memo' END AS 'TYPE', T0.DocEntry AS 'Invoice/CR#', T1.DocCurr AS 'BY',Case WHEN T1.DocCurr = '$' THEN T0.SumApplied ELSE T0.AppliedFC END AS 'Paid Amount', CASE WHEN T1.CashSum > 0 THEN 'Cash' WHEN T1.CreditSum > 0 THEN 'CC' WHEN T1.TrsfrSum > 0 THEN 'WIRE' ELSE 'Check' END AS 'Method', T1.DocNum AS 'RC#', T1.DocDate AS 'Posted'
FROM dbo.ORCT T1 INNER JOIN dbo.RCT2 T0 ON T1.DocNum = T0.DocNum WHERE Month(T1.DocDate) = Month(GetDate()) AND Year(T1.DocDate) = Year(GetDate()) AND T1.JrnlMemo != 'Cancelled' AND T1.NoDocSumSy > 0.02
Thanks,
Gordon

Wire Transfer APP

Hi ,
Can someone let me know the configurations required to pay this vendor through wire transfer.
What is the program and form which is used for this purpose .Program , i suppose is RFFOUS_T.What is the form which is used for this purpose.
Regards
Saurabh

Hello
The config of APP is same for all Check, Wire transfer, direct debits and so on.
Make sure you select and assign the wire transfer payment method to the paying company code and the country.
The catch here is to create the bank sub accounts
Using bank subaccounts, you can reconcile the balance of the account at your bank with the balance of your corresponding G/L account.
The subaccounts ensure that all incoming and outgoing payments are only posted to the G/L bank account when the money is actually debited from/credited to your bank account. Incoming and outgoing payments are posted to the main G/L bank account once you receive and enter the account statement from your bank.
The charts of accounts delivered with the standard system contain a number of different bank subaccounts. These include accounts for checks payable, checks receivable, outgoing wire transfers, and bank direct debits
Assign also bank id to pmt method / mention currency / assign account id to the bank sub account.
Check this link too
http://help.sap.com/erp2005_ehp_02/helpdata/en/01/a9b9e7455711d182b40000e829fbfe/frameset.htm
Reg
assign points if useful

Wire transfer config

Hi Friends,
We have a problem with Wire transfer config. we usually send our bank files to the middle vendor who does the interfacing with Bank. We have Check and ACH working fine so far. Now we are planning to put in wire transfer where in it needs to process international payments as well. So now we need to do the config in such a way that it gets the vendor bank information (Middle company has a standard form so it needs those fields to be filled like IBN, Bank information, ID type etc) which it can pick up during Payment run. I am not sure how we can force these. vendor master has only limited amount of information which we can populate. Is there something we can do.

Yes you are in the right direction. Intermediary bank and chain banks are the same terms used interchangably. Chain bank is nothing but your intermediary bank which will finally pay to your final vendor bank. In order to establish the connection, you specify which bank chain is to apply for a given customer or vendor. See the steps below to define bank chains. If you have only have three or four vendors, I would suggest you to ask your developer to create a ztable to maintain intermediary banks. The ztable will have your vendor number, company code, currency etc according to bank's specifications. Your abaper will add a logic to the payment program that you are using to print DME file and the print DME file specification. The logic is based on the combination of house bank, vendor, then print the intermediary bank in DME.
Prerequisites
You have already defined the master data for the customer or vendor.
Procedure
1.     On the SAP R/3 screen, choose Accounting  Financial accounting  Banking.
The system now displays the Banking screen.
2.     Choose Master data  Bank chain  Business partners  Edit.
3.     Enter the customer or vendor account number and select the indicator for the payment direction (incoming or outgoing payment). If necessary, enter the appropriate data in the parameters Company code, House bank, Account, Currency, and Payment method supplement. Choose Execute.
The system displays a list of partner banks.
In the Vendor field, enter KRED1 and select Outgoing payment.
4.     Choose the required bank. If a bank chain did not already exist, the system displays a message alerting you to this fact.
The system displays the Bank Chain per Business Partner Account screen.
5.     Choose Edit  New Entries and enter the desired specification for the bank chain. Bank chains are specified per Currency and (if necessary) also per Sender bank country, Sender bank key and Payment method supplement.
Enter DEM in the Currency field.
6.     Choose Bank chain per business partner account, followed by Edit  New entries and enter the required bank chain by specifying the:
Bank number
Bank category (correspondence bank of the sender, intermediary bank, senderu2019s correspondence bank)
Country
Bank key
Bank account of the correspondence or intermediary bank
No. 1
Cat 2 (intermediary bank)
Corr.Ctry
(Country of correspondence bank) DE
Corr.Bank key.
(Bank key of correspondence bank) 111222
Bank account GIRO
7.     Save your entries.
Result
You have now created a bank chain for a customer or vendor partner bank for outgoing or incoming payments.

Payment methods for automatic incoming payment processing.

Hi,
We have been using 'f110' program for automatic outgoing payment processing. Now we are trying to set the incoming payment processing using the same program. It should be mentioned that its a Canadian organization. For outgoing payment, we have been using Bank transfer method, one of the available methods for outgoing payment. Our organization wants the same bank transfer method for the incoming payment processing. However, Bank transfer method is not belong to the group of incoming payment methods, rather it has the following methods:
                      1. Debit memo
                      2.   Bill/ex
                      3. Bill/ exch. pyt req.
                      4. Payment demand .
I am just wondering is there anyway we can include the bank transfer method inside the incoming payment group or we can use any of the existing method for the same purpose.
Reagrds,
Lokman

Dear Lockman,
The payment method "B" can just be:
If outgoing payment:   Bank Transf
If incoming payment:   Debit memo
So Debit memo means Bank transfer for incoming payment.
I hope this helps.
Mauri

Wire transfer Incoming payment

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