NEFT and RTGS customer payment

[former_member786285]

Hi

Please give me the solution to below questions

1) Q    Where we can enter customer NEFT/RTGS paymnets?

2) Q    My client wants to generate pay in slip for customer cheque reciepts (incoming payments)

          Can we enter in FBCJ t code? if not please give me the solution

we have entered in the FBCJ

At that time i am getting accounting entry

       Cash G/L account                         Dr    10000

                To customer account                               10000

After click on the present cheques tab in the FBCJ t code

I am getting below accounting entry

Bank account (collection g/l account)    Dr  10000

       To cash G/l account                                      10000

Finally cash account is nullifying but my client was saying this is wrong entry because cash g/l account should not hit while doing the cheque receipts

Please give me the solution step by step for this

Thanks & Regards

Srini

[Former Member · Accepted solution]

Hi Srini,

To your ques number 1:

Configure incoming payment methods for NEFT/RTGS in FBZP

Post customer invoices in FB70

Receive open customer invoices in APP transaction run F110

Thanks

Sheli

[former_member786285 · Accepted solution]

Hi Sheli

Thanks For reply

But our client are not using APP

They are doing by manually only how we can do this?

Please tell me step by step

Regards

Srini

[Former Member · Accepted solution]

Hi Srini,

There's no manual transaction for posting with payment method NEFT/RTGS.

As a workaround, what you can do is:

1. Create a Clearing GL code for NEFT/RTGS receipts (Incoming bank A/c)

This GL code should have a check : Relevant for cash flows

Name the GL such that it denotes a NEFT/RTGS receipt GL

2. Post customer receipt through transaction F-28 and post a debit to this clearing GL (Incoming Bank A/c)

3. Clear the clearing GL in transaction F.03 with main bank GL to settle the receipt finally on the main bank GL

Hope this helps

Thanks Sheli

[former_member786285 · Accepted solution]

Hi sheli

Is this Neft/Rtgs clearing g/l account like bank collection g/l account am i right?

Regards

srini

[Former Member · Accepted solution]

Yes you are right

[former_member786285 · Accepted solution]

HI Sheli

Instead of that can we take Bank collection account for Neft/Rtgs transaction? while doing F-28  can we mention text for Neft transaction in the bank collection G/L account text field?

Please give me the solution for this

And if you know Please Give me the solution for 2nd question also..

Regards

Srini

[Former Member · Accepted solution]

Hi Srini,

Yes you can do that but then if you will need reports based on NEFT/RTGS criteria, you may not be able to get a standard report based on the assignment field. You will have to develop it.

Better you use a separate GL for NEFT/RTGS transactions as you can generate GL report for NEFT/RTGS transactions.

For issue # 2, check if following link helps:

http://scn.sap.com/thread/173735

Thanks

Sheli

[former_member786285 · Accepted solution]

Thank You very Much sheli

As per your suggestion i've asked to my client but they are saying they don't want to separate report for Neft/Rtgs,

They are saying we can enter text for Neft/Rtgs in the bank G/L account text field  through that we can find out which are Neft/Rtgs or cheque payment.

So please tell me can i go ahead with that?

Regards

Srini

[Former Member · Accepted solution]

Hi Srini,

Have you resolved the issue?

If client does not need a separate report for NEFT/RTGS transactions then you may use the exisitng incoming bank GL and give a reference in the assignment/reference field of the transaction screen.

Please assign points if the inputs were useful.

Sheli