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Mar 12, 2020 at 01:18 PM

Import lockbox BAI2 file into fica

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Hello Gurus,

I need to configure lockbox setup for my fica contract accounts and have below queries. Appreciate you help on below:

1. In lockbox control parameters - i only plan to make GL postings (lockbox clearing dr to cash) and uncheck AR adivce - as i plan to import this file entries to fica using FPB7. After reconkey closing I think payment advice posting come into FI - this should clear lockbox clearing entry (customer dr to lockbox clearing).

2. Is this right approach and any other config i should take care of - in control parameters and posting rules?

3. FLB2 program - search rule for invoice - FICA document number - what is impact of this rule. Will this directly import entries into fica contract account - and for this fica document number would be needed in file (which i doubt bank can give us).

4. If we have contract a/c number in file - then FPB7 should be able to post payment lot. Position of contract a/c number in file should be?