Find out vendor refunds in bank statement

[Former Member]

Hi,

vendor refunds and customer receivables are both incoming payment and they both look like a receipt on the bank statement. Can SAP helf the accounting staff distinguish on the bank statement between a customer and vendor receipt?

Many thanks for your help!

[Former Member]

Hi,

Please look into your bank statement there must be difference between external transaction of incoming payment from customer and refund from vendor. And if there is no difference bank using same transaction there must be some note in 86: line level which will tell you the type of payment.

For segregate these incoming payment you use String matching functionality in EBS for your external Transaction type with your posting rules.

Regards

Arun

[Former Member]

Hi Shan,

If in the bank statement they have differentiate using any code (eg:c for check, r for return), then you may be able to set up the same in SAP as well. But if bank treat both receivable and return in the same way, then it is not possible.

Warm regards,

Murukan Arunachalam