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lockbox configuration

Hello,

I have a question regarding the OBAX transaction (define posting data)

Define Posting data

SAP IMG -> Financial Accounting -> Bank Accounting -> Business Transactions -> Payment Transactions -> Lockbox -> Define Posting data

Can anyone please explain me what does the data in the column "Destination" represent?

I know that in the column "Origin" we have the routing number i.e. the bank key.

Thanks,

Nick

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2 Answers

  • Best Answer
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    Former Member
    May 29, 2015 at 03:27 PM

    Destination field contain the destination code that bank provides in your lockbox file


    for eg;see in bold letters


    100MANGDESTINMANGORIGIN130903123557

    20000000000000000000000

    56660011123557130903MANGDESTINMANGORIGIN

    666600200000600000110003900345205865100000002

    466600360191800000023   00000000600000000000

    766600411235571309030010000060000

    8666005112355713090300010000060000

    9000000




    Please see the link for more info



    Lockbox Configuration

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    • Former Member Nick R

      Yes, all details will be on the bank file. The name used is a combined decision made by client and bank. First 4 character represents the name of the client.These criteria is decided during the initial stages of setting up lockbox process. A bank will have several clients and each client's daily text file must be unique, so even though payment data changes client name will be an effective way for easy identification.It also helps the bank person who upload the file on the bank server since he will have to upload each file it to the correct client's account.

  • Jun 16, 2015 at 10:16 AM

    usually the Destination is filled with your bank account number which is maintained at the House bank.


    it's okay if you don't maintain it this way. but remember that whatever combination of Origin and Destination you maintain the same data has to be there in the lockbox file you process.. otherwise you will get error.  

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