Hi Experts,
Could you please clear my doubt in understanding the functionality.
1) Say while making payment through check in F110 is
Vendor A/c Dr
To Bank outgoing checks A/C Cr (Say A/C XX1) (This setting in FBZP)
2) During Electronic bank statement processing for outgoing checks cleared,
Bank Outgoing checks A/C Dr (say A/C XX1) (This setting in EBS - Electronic Bank Statement)
To Main Bank A/C Cr
Are above entries correct?
Is it the same bank outgoing checks A/C (A/C XX1) used in both FBZP and EBS?
If so then what about the balance if any in account A/C XX1 - how is this treated normally in business.
Regards,
DSK