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Former Member
Feb 24, 2009 at 03:22 PM

Electronic Bank Reco

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Hello gurus

I have an issue relating to Electronic bank reco. The client is generating a bank payment file out of F110 which is then forwarded to the bank for making the vendor payments. Now, the bank makes either online transfers to these vendors or prints cheques and despatches it to the vendors. Hence, in the bank outgoings, there are 2 types of payments - Online Transfer and Cheque.

In case of Online payments, the clearing criteria has to be the payment document no. The bank provides the SAP payment doc no in its statement. In case of Cheques printed by the bank, the clearing criteria would be the Amount. Now, I am confused as to which Interpretation Algorithm i should use in this case.

Any help in this regard will be highly appreciated.

Thanks

Anubhav