Wire transfer problem
hi sap gurus,
i have used wire transfer method in app.what is the complted procedure?in that method if your end user donot know about how to tranfer the text file from bank,then what we have to do?
regards
jana
Can you please let me know what steps u did to load the file back to SAP
Similar Messages
-
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. -
Wire transfer missing?!
I ordered a Y510p Lenovo laptop, I received a confirmation about this order and also the necessary information needed for a wire transfer (via a Lenovo REP).
I wire transferred a X amount of USD to Lenovo on 4 Feb. 2014.
I suppose the amount should have been received by this time, but I never received any response.
I have tried to e-mail, no response. I tried the chat, I got referred to the Lenovo Credit Card Services. I tried the e-mail option via the website, and again was referred to the Lenovo Credit Card Services. The problem with the Credit Card Services is that they seem to not answer their phones very well. I have tried to call multiple times and have been on the line for 25+minutes and still there was no answer. Due to other more pressing matters I couldn't devote more time to waiting until one of staff members would finally answer their phone.
The problem now is that I seem to have become responsible for sorting things out on the Lenovo side of things, I don't really get this shift in responsibility. Every time I contact support I'm referred to the phone number of the Lenovo Credit Card Services (1-800-426-3325).
I would highly appreciate it if Lenovo would either:
- Complete my order, for which I have paid the full amount required.
or
- Inform me about the status of my order, payment and/or the timespan in which Lenovo will inform me about this situation.
or
- Cancel the order and refund the full amount.
I'm looking forward to your reply. (I will be able to PM all necessary details.)
Many thanks.
Kind regards,
pmrHi,
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 deal with Wire Transfer in BRS?
Hi,
we are facing a problem with wire transfer in BRS.
For cheque issues and receipts we have selected Algorithm 15 and in assignment field we gave cheque number for this no problem.
for wire transfer we dont get any number how to deal with it, please suggest us.
regards & thanks,
sashi kanth.Hi
There is no possiblity of making your Process enabled Org as EAM enabled, and you must have to create a Discrete Org where in you can make this as EAM enabled.
In R12/11i Process Enabled items/inventory items are dealt with only process, and that is the reason we can maintain an Assest item to Process enabled org which is a constriant. Hence it is adviced that, create an Inv Org (Discrete) and Enable this for EAM.
Hope this is clear.
Regards
Raj
Sierra Atlantic -
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:
<b>Wire Transfer</b> - 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.
<b>ACH Transfer</b> - 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.
<b>Differences between Wire and ACH</b>
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
Assign points if useful -
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. -
How to set up wire transfer for foreign vendor?
Hi all,
Prior to the question I posted, I guess my question is : what configuration steps need to be done in order to set up a wire transfer for foreign vendor?
please advise.Hi Nancy,
You need to have a Bank Account which is setup to issue payments in foriegn currency.
Apart from that all other steps remain the same as to doing a domestic wire.
Provide points if found usefull.
Thanks,
Praveen -
I have a 2009 intel iMAC running 10.6.8. Several months ago it developed a file transfer problem. When transferring files to an external server via ethernet cable, most of the time it will only let me transfer one file at a time whether is a small word document or a large video file that is several gigabytes. Even with transferring just one file, the elapsed time bar will not indicate the file has completely transferred. It stays open and appears as if it is still trying to transfer even though the file size transferred is equal to the size of the file. Plus the only way I can close the the transfer bar is to relaunch finder. Then when I go to the folder it was transferring it to, the entire file will be there.
Suggestions?Have you tried restarting the external drive and the computer?
-
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
MeenkashiMeenakshi, 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. -
Hi,
I have implemented ACH and Check payments, they are working fine. Now the client is asking for Wire transfer.
What payment program is used for wire transfer?
Will it create a DMEE file like ACH with IBAN that can be transmitted to Bank?
How do we manage wire transfer for US local payments where IBAN is not generated?
Pls let me know any other configuration for wire transfers?
Thanks
SriniHi
generally for wire transfer setting/configuration - all fields in payment transactions will used - maintained in Vendor master data for wire transfer .
Thanking you
Regards
mahesh -
Hi
Iam using RFFOM100 program to create the payment wire transfer File ...I need the SAP script to print the payment advice...
which one i can use so that the program RFFOM100 can create the Payment advice ...and iam using BTE to populate the email...
which is the good one to use for the requirement?
F110_IN_AVIS
F110_PRENUM_CHCK
F110_MX_CHEQUE
F110_D_UEBERWEIS
If the above forms are not good enough to use the program RFFOM100 ...Please suggest me the correct one..
Thanks
GoviHi,
I am sorry, I didn't understood your question completly
Do u mean ,,. You want to trigger Script when TO is created..
If so
1. TO o/p are depends upon Print code (field in TO header)
2. You need to setup relation between print code and movement
and Print code and script in transaction OMLV.
--> In OMLV assign Script name againisgt printcode " Print code" tab
and then
assign printcode in "Movement type" tab.
This wil automatically trigger your script..
Hope this helps, Let me know if u need any thing.. (correct me if i misunderstood your question)
Nag
Edited by: Naga Mohan Kummara on Dec 22, 2009 8:12 AM -
Hi
I need to do FBZP config for payment method wire transfer. How to proceed ? Is anything to be done from Bank side like format and how to map that in SAP ?
Pl help
Pushkarajhi,
First check whether payment method do exist in your country to which company code belongs
if not , copy any method of payment in FBZP and append as per your wire trf reqmnts.
later you will find the method in your company code and can proceed as usal
Hope it is clear.
Please assign points if offund useful
Thanks and regards, -
Hi ,
Can someone let me know the configurations required to pay this vendor through wire transfer.
Can some bodsy tell the program name and form which is used for this purpose.Program i think is RFFOUS_T .what is the sapscript form which is used for this purpose.
Regards
SaurabhHi,
The config remains same as you do for APP.
You need to maintain the payment method for Wire Transfer.
The rest of the config steps that you made for normal APP hold good.
Cheers! -
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
SaurabhHello
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 for Sweden Vendor
Hello Experts,
We have a new foreign vendor from Sweden and we have to pay him through wire transfer.
a) Can someone let me know the configurations required to pay this vendor through wire transfer.
This is kind of urgent as the payment due date is very near.
b) Can anyone let me know the split of the IBAN number, because I have a very big 24 character IBAN account number that starts with country code SE (Sweden) and I could not figure out the actual account number in that 24 character. I guess SAP allows only 11 character bank account number.
Any help in this regard is highly appreciated and duly rewarded.
Regards,
SriramSriram:
For wire transfer you use "Classic Payment Medium Program" RFFOUS_T.
In the payment method "T" input RFFOUS_T (FBZP > Maintain payment methods in country, also, maintain entries for payment methods in company codes).
Print dataset is LIST3.
Choose outgoing payments, bank transfers, Document type - ZP, Clearing Document type ZV in the "T" payment method configuration.
Once your payment method is configured, you can "check" it in Financial Acc > ARAP > Bus Transactions > Outoging Payments > Automatic Outgoing Payments > Payment Media > Make Settings For Classic Payment Medium Formats > Assign Payment Medium Program For Payment Method In a Country.
Here you will see that your payment method "T" is assigned against RFFOUS_T.
This is just to let you know that the configuration settings are effective.
Next you need to maintain a variant for RFFOUS_T, this can be done in F110 in the last tab.
I don't think IDOCS will be required.
Let me know if you need more info.
Assign points if info helps
Vj
Maybe you are looking for
-
Hi ; Can somebody help me by sending screenshots for a http to abp proxy scenario. I am new to sap xi . i need a http cleint also, Thnx
-
Hi all, currently we are using Oracle Mobile server 10.3.0.3 and would like move to Oracle Mobile Server 11GR2. But before going to that quite new area would like to get some feedback about that version/release as is critical for us to be sure that c
-
Hi! I have a question: Is there a way to controll where the errorTip appears when an Validation Error occurs? My problem is that I have a form (form.swf) that is loaded into another swf. On mouse over, the tip is showing, but extends outside of the m
-
hi, we are evaluating a design for the configuration of 3 databases in 10g RAC in linux Available HW: 2 servers each with 32 gb ram No of databases need to be configured :3 what would be the effective configuration? the options we think are, 1) One 2
-
Color Checker Passport W/Elements 12 No/Yes? Light Room?
Yes, I'm at it again with my seemingly endless questions, sorry. Probably buying, ( no, defintely if compatible,) the X-Rite Color Checker Passport program. I am having difficulty ascertaining definitevly, if the Color Checker program will be FULLY