House Bank

[arunimasaha]

Hi Team,

In this scenario, we have two company codes 1000 and 2000. There are 2 bank accounts in company code 1000 and 3 bank accounts in company code 2000. How many house banks and bank keys do we need to create?(SAP S/4 HANA)

In my opinion, if the bank accounts for company code 1000 belong to the same bank then we need to create a single house bank and in this house bank, we need to create two different account IDs for the bank accounts with two unique bank keys.

Now, if the bank accounts for company code 1000 belong to two different banks, then we need to create two separate house banks. Inside the respective house banks, we will create the corresponding account IDs for the bank accounts with unique bank keys.

The above logic will apply to company code 2000 as well.

Please correct me if I am wrong.

[sanilbhandari]

Hi

If you are on S/4HANA 2020 or above, the below blog might be of interest, especially if you are into a green field implementation:

https://blogs.sap.com/2020/10/16/bank-reconciliation-accounts-in-s-4hana-2020/

Thanks & regards

Sanil Bhandari