Bank Statement

[Former Member]

What is the process for entering Bank Statement in SAP

Regards

Vaibhav

[Former Member · Accepted solution]

To process the bank statement, proceed as follows:

...

1. Choose Cash Management ® Incomings ® Manual Bank Statement.

2. On the next screen, enter the following basic data:

u2013 Bank key and/or bank data

u2013 Statement number and statement date

u2013 Beginning balance and ending balance

u2013 Selection criteria for transferring the payment advices

(for example, planning type, planning date)

u2013 Posting specifications

3. Confirm the entries. On the next screen, you can process the bank statement data.

4. Compare the memo records automatically transferred by the system with the data on your bank account statement.

To delete the memo records that are not required, choose Edit ® Delete Line.

5. Enter a transaction key for each memo record.

6. To carry out other account assignments, select View ® Other Acct Assignmnt.

If you have used additional account assignment fields and then work with the standard variant again, an arrow marker (>) displayed next to a line indicates that further entries exist.

7. To enter several values in an account assignment field (for example, document no., invoice amount), choose Edit ® Value Set.

The system displays a dialog box in which you can enter further values.

8. Choose Bank Statement ® Save.

The system displays the screen with the basic data again.

Thanks & regards

Sanil K Bhandari

[former_member182098]

Hello,

The following text may be relevant for you.

SAP is normally you maintain bank main account and bank sub account. Whenever you make a payment through F-53 or F-58 or F110, the entry would be:

Vendor Account Dr

To Bank Sub Account

The ending digits of the sub-account would be important in configuring the masking rule. Based on this masking rule when you upload the bank statement the entry the system would pass is:

Bank Sub Account Dr

To Bank Main Account

It depends on the configuration, either the sub account will be cleared by the system automatically or you need to run F.13 to clear the sub accounts.

At the time of receipts, you have different accounting entries unlike payments. It needs to post to two posting areas. 1. GL Accounting 2. Sub-Ledger Accounting

The entries would system itself pass is:

Bank Main Account Dr

To Bank Sub Account

Bank Sub Account Dr

To Cutomer account.

Clearing logic mentioned for your posting rules and the alogrithm used for your external bank symbols will also play pivotal role in clearing the accounts.

Ideally you will use

FF67 / FF.5 / FF_5 for uploading manual or electronic bank statement

FEBA / FEBA_BANK_STATEMENT is used for furthe rprocessing.

GO THROUGH SAP NOTE 48854

Please go through SAP Note. 48854. You will get an idea regarding the functionality of the algorithms.

Though this note is in relevant to GB specific, you will find this very useful.

description follows below regarding the normal procedure for maintaining table T028G. Due to the different bank codes and posting rules, pre-Customizing is not possible at this point.

The following processing types are available - unless stated otherwise, you should use the interpretation algorithm: '000 - No interpretation' in each case.

1. '00': There is no processing. The entry line is ignored.

2. '01': A validation is made whether an entry exists for the transferred check number in the check table (PAYR). The check number and payment document number are transferred for further processing. Interpretation algorithm: outgoing check processing '011'-'013'; the update in the check file is via the interpretation algorithm.

3. '02': Transfer of the ending balance to the electronic bank statement

4. '03': Transfer of the opening balance to the electronic bank statement

5. '04': Clearing via the allocation number which is delivered with the bank statement. No interpretation algorithm.

6. '05': Clearing of BACS payments or BACS bank collection. The reference text field is first read to ascertain whether it involves payments initiated by users or bank collection via BACS. Providing it does involve a cash transaction initiated by the user, the payment document numbers concerned are determined via the reference number and transferred as a reference to further processing. Interpretation algorithm: '000 - No interpretation' or '019 - Reference number DME'.

Note

To differentiate between the two procedures in table T028G, you have to maintain two separate entries.

Example: the bank uses bank code '62' for cash receipts and for BACS bank collection.

Ext. Transaction +/- sign Posting rule Int. Algorithm Processing type 62 + GB62 001 5

62 SAPBACS + GB63 000 5

7. '06': Bank costs or interest revenues

Recommended interpretation algorithm: '000 - No interpretation'

8. '07': Total amount of cash disbursements

9. '08': Total amount of cash receipts

10. '09': Items not paid

Recommended interpretation algorithm: '000 - No interpretation'

Regards,

Ravi

[Former Member]

Hello,

Please go through the following link, hope you will get good command on the bank statement:

http://help.sap.com/bestpractices/BBLibrary/Documentation/J03_AP_BPP_05_EN_AU.doc

Thanks

Para