Collections made through Banks

[Former Member]

Hi All,

Can anybody pls let me know how generally clients are collecting the funds from their dealers or brokers, what exactly is the process? means how the data is being given to bank for collecting the funds, that is after posting into FI or Once invoice is generated the same is being asked.

[Former Member]

got some input

[Former Member]

Hi,

Collection of receivables happen in India after sending invoices to Customers/Dealers. Based on those documents, customers send cheques/dd. After receiving those instruments first credit to respective customer account and debit to the bank account in which bank account you are going to deposit.

Where as in other countries where transactions processed electronically, we have to maintain customer bank details with our data base and periodically based on outstanding amounts in customer accounts, we have to create statement customer wise / bank account wise outstanding amount to collect the same from customer bank accounts by our bank. This facility we call in SAP Lockbox.

Assign points if useful.

Regards

Sarma BH

[Former Member]

Dear Sarma,

Thanks for the reply. See my requirement is that i am working on behalf of a bank now they are asking us to get the collections data from their clients who r using SAP through IDOCs. In this scenario i have to identify some idocs for receiving the collections advice to the bank.

Can u have any idea or similar expertise in these cases?

Please help me out.

Points will be rewarded.

Regards

srikanth boddupalli

[Former Member]

Hi Srikanth,

From SAP perpective, there is two way flow of data from bank.

ie., both Inbound & Outbound IDOC's are generated.

Coming to technical details.

To generate Outbound Idoc's to bank, mostly IDOC type PEXR2002 is used along with

Outbound message types used are EUPEXR / PAYEXT / DIRDEB.

and for Bank Statement - FINSTA message type is used.

If this is not what you are expecting, can you plz give some more details.

Thanks

Kalyan

[Former Member]

Hi kalyan,

These IDOC's are for payments. My requirement is that for a sap client if he needs collections from their brokers/dealers they need to send the collections data to their bank. For Collections is their any specific IDOC's are there? If it is there where i have to configure?

Regards

Srikanth