EBS conceptual problem?

[Former Member]

Hello SAP Experts...

We are looking forward to implement EBS, but, we have some doubts which I would like to discuss....

1) What are the accounting entries we should do in case we have receive the payment from customer directly in bank and how to deal with it?

2) How to clear the customer account if we have directly received the payment in bank?

3) What would be the configuration differences if we receive a check payment and we receive payment directly in bank through lets say direct debit or transfers etc?

Thanks and Regards

Sachin

[Former Member]

Hi Sachin

All the payment from AR must be made through fund the branch or sales persone to controll the balance ,so must used clearing account ,do not post direct to bank account.

In check you can use special GL indicator D

Regards

[Former Member]

Please reply on this issue as it is urgent...

Thanks and Regards

Sachin