The document describes the bank reconciliation process in SAP. It involves (1) entering the bank statement details using transaction code FF67, (2) posting the statement to clear open items, (3) processing the session to update the general ledger, and (4) verifying the accounting entries. Running the bank reconciliation regularly ensures the bank balance and book balance are always reconciled.
In sap we have two types of bank statement are there:
Manual Bank Statement
Electronic Bank Statement
If you receive an electronic statement then you just need to upload it to sap for the purpose of
preparation of bank reconciliation statement. If it is manual one then you need to enter the
statement manually into sap.
Purpose:
Perform this procedure when there is a need to make changes to a large group of assets.
Steps:
Step 1 Create Mass Change Rule –OA02
Step 2 Generate Worklist –OA01
Step 3 Display Worklist – AR30
Step 4 Execute Worklist – AR31
Step 5 Go and check the entries in table SE16N
Automatic Vendor payment advice notes by email with attachment when a payment is made via APP (Automatic payment program by using T-code F110 and email a sap script form as a PDF attachment along with the mail body in the desired language.
SAP Accounts Reveivable SAP Documents | http://sapdocs.infosapdocs. info
Get this and other SAP Account Reveivable Materials from http://sapdocs.info/sap/fico/sap-accounts-receivable-ppt-training-materials-documents-for-beginners/
for more SAP Documents please visit http://sapdocs.info
In sap we have two types of bank statement are there:
Manual Bank Statement
Electronic Bank Statement
If you receive an electronic statement then you just need to upload it to sap for the purpose of
preparation of bank reconciliation statement. If it is manual one then you need to enter the
statement manually into sap.
Purpose:
Perform this procedure when there is a need to make changes to a large group of assets.
Steps:
Step 1 Create Mass Change Rule –OA02
Step 2 Generate Worklist –OA01
Step 3 Display Worklist – AR30
Step 4 Execute Worklist – AR31
Step 5 Go and check the entries in table SE16N
Automatic Vendor payment advice notes by email with attachment when a payment is made via APP (Automatic payment program by using T-code F110 and email a sap script form as a PDF attachment along with the mail body in the desired language.
SAP Accounts Reveivable SAP Documents | http://sapdocs.infosapdocs. info
Get this and other SAP Account Reveivable Materials from http://sapdocs.info/sap/fico/sap-accounts-receivable-ppt-training-materials-documents-for-beginners/
for more SAP Documents please visit http://sapdocs.info
SAP FICO Interview Questions By Garudatrainingspiyushchawala
SAP FICO is a core SAP module that covers the financial and reporting segments of a business.
It consists of the interrelated component modules-FI (Financials) and CO (Controlling) with an
extensive set of sub-modules that cover every aspect of the financial and managerial accounting
for both external and internal reporting. Skilled FICO Technical and Functional Consultants are in
very high demand as enterprises world over have been moving to SAP as a single solution for their
business needs. As financial management forms the very basis for any business, SAP FICO has seen
a consistent increase in its implementation with a very high demand for FICO professionals. Garuda
Trainings has come out with a comprehensive online training course in SAP FICO to give our students
the much needed advantage in this highly competitive and sought after segment of the ERP industry.
Online SAP FICO Course Contents: FICO is an integration of two modules FI and CO and the below
curriculum has been segmented accordingly.
Contents:
1) An Introduction to SAP
2) The FI module and its architecture
3) General Ledger Accounting
4) Fixed Assets sub-module
5) The Account Receivables sub-module
6) The Accounts Payable sub-module
7) Integration with other SAP modules and business implementation and deployment
8) The CO module and its architecture, interaction with the FI and other SAP modules
9) Cost centres and profit centres accounting
10) Internal orders and profitability
11) Product costing and activity based costing
For More Info: http://garudatrainings.com/sap-fico-online-training/
Why Choose Us: Our online course in SAP FICO gives you a perfect flexibility of pursing the
course within your existing schedule as you can opt from weekend or weekday batches as per
your convenience. The training resources are prepared by experts with rich experience in SAP
implementations. All modules are led by trainers and are interactive with a recording ability for
future use and access. We offer a 24/7 access to training resources and technical support and give
you a perfect quality training course with an extra emphasis on practical exposure to real-time
implementation scenarios and live projects.
The Complete Advantage: We endeavour to give you a perfect career as a SAP FICO consultant and
our online training course also includes the advantage of placement assistance through our industry
network. To help our users easily clear the interview evaluation, we offer an extensive collection of
in-depth interview questionnaires along with tips of effectively writing resumes. Choose us to get
the perfect advantage in your career as an SAP FICO consultant.
Register For Free Demo:
www.Garudatrainings.com
Email Us:garudatrainings@gmail.com
Ph No:+1-508-841-6144
Quick sap co configuration Internal OrderCapgemini
Internal order is a virtual place for collecting/pooling the costs of a particular activity/task. i.e. it is a method to collect those costs and business transactions related to the task/activity. It is a means of tracking costs of a specific job, service, or task. Periodically the costs which are pooled in an internal order can be settled to an asset or to a cost center or to a GL Account or to an order. Thus, while recording you need not analyze the costs. Just record and pool the costs in internal order. After that (generally at the end of the month) these costs are analyzed and settled for relevant elements (like asset or cost center etc).
This method of recording and settling the costs helps in analyzing the costs of cost center wise, profit center wise or cost element-wise. This level of monitoring can be very detailed but allows management the ability to review Internal Order activity for better-decision making purposes.
Introduction:
An Automated Clearing House (ACH) Payment is a form of electronic funds transfer that provides
a secure, efficient method of receiving payment through the ACH Network. The ACH Network is
a batch-oriented processing and delivery system that provides for the distribution and settlement
of electronic transactions and payments among financial institutions.
ACH payments offer the following benefits:
Eliminates the handling of paper checks
Reduces any payment problems due to lost, stolen or misdirected checks
Eliminates mail delays
Provides for greater payment certainty for cash planning
Provides an opportunity to electronically update and streamline your cash application and
receivables operations
More effective and secure.
Business can execute international transactions without having a foreign bank account
ACH format creates payment media for domestic payments in the USA. Incoming and outgoing
payments in US are supported.
ACH format is in accordance with version 004000 and conforms to the specifications of the
National Automated Clearing House Association (NACHA).
The National Automated Clearing House Association (NACHA) has worked with the Office of
Foreign Assets Control (OFAC) to amend ACH operating rules, minimize vulnerabilities in the
ACH network and prevent entities banned by OFAC from using the network as a conduit to send
or receive overseas funds.
NACHA Format Options: (i.e. CTX, CCD, CBR, PPD, POS, POP, PBR, IAT….etc)
In this document we will explain the creation of NACHA format file (National Automated
Clearing House Association) which need to be submitted to Banks for processing the ACH
(Automated Clearing House) transaction by CTX format
CTX Format – Corporate Trade Exchange is a NACHA format that incorporates multiple addenda
records that are structured in variable length fields. The addenda records are the remittance detail
for the ACH payment. The CTX Format is the suggested format as it is completely electronic and
therefore the most efficient
AUC is Asset under construction where some assets are in construction phase and cost needs to
capture through internal order for the time being. Once asset is fully completed then cost would
be transferred to another cost object (E.g. Cost center, Order etc...) and settle with final asset.
E.g. XYZ Company constructing building for their office. While construction many expenses are
attached to it. Till the time it is created we cannot charge it in building account hence we need to
create AUC account where cost will be stored.
Assets under construction (AUC) are a special form of tangible assets. They are usually displayed
as a separate balance sheet item and therefore require a separate account determination and their
own asset classes. During the construction phase of an asset, all actual postings are assigned to the
AUC. Once the asset is completed, a transfer is made to the final fixed asset
Blogs on Document Splitting at www.veritysolutions.com.au
Document Splitting is a very powerful feature delivered by SAP ECC.
Previous to SAP ECC, if new fields were required to General Ledger SAP had to deliver these new fields in Special Purpose Ledger tables. Profit Centre Accounting in R3 was Special Purpose Ledger table 8*, Joint Venture Accounting was ledger 4*. This essentially meant that data had to be copied from General Ledger table GLT0 to special ledger tables so these could be reported upon. However, technical glitches in code and incorrect usage of functionalities caused imbalances between the main ledger GLT0 and the special purpose ledgers.
SAP customers who wanted to expand the functionality of General Ledger to cater to special business requirements (like reporting General Ledger with another fiscal year variant) had to create custom Special Purpose Ledger tables. For example, if a customer wanted to report by two fiscal year variants, they could report one variant using General Ledger and the other variant using Special Purpose Ledger.
All this disparate ledgers reported the same source information in different views. Customers had to execute several month end jobs to ensure synchronisation of data across all these ledgers. Differences in balances and information between ledgers led to delays in month end close and reporting.
With SAP ECC new GL, SAP Customers can add new fields (which SAP calls “scenarios”) into General Ledger. This allows customers to perform, for example, Profit Centre Accounting and Reporting within General Ledger.
With SAP ECC new GL, SAP Customers can add new ledgers (which SAP calls “parallel accounting”) into General Ledger. This allows customers to report, for example, the same General Ledger data in multiple fiscal year variants.
This replication of data happens in real-time. SAP customers no longer need to execute month end jobs to synchronise data between different ledgers.
SAP FICO Interview Questions By Garudatrainingspiyushchawala
SAP FICO is a core SAP module that covers the financial and reporting segments of a business.
It consists of the interrelated component modules-FI (Financials) and CO (Controlling) with an
extensive set of sub-modules that cover every aspect of the financial and managerial accounting
for both external and internal reporting. Skilled FICO Technical and Functional Consultants are in
very high demand as enterprises world over have been moving to SAP as a single solution for their
business needs. As financial management forms the very basis for any business, SAP FICO has seen
a consistent increase in its implementation with a very high demand for FICO professionals. Garuda
Trainings has come out with a comprehensive online training course in SAP FICO to give our students
the much needed advantage in this highly competitive and sought after segment of the ERP industry.
Online SAP FICO Course Contents: FICO is an integration of two modules FI and CO and the below
curriculum has been segmented accordingly.
Contents:
1) An Introduction to SAP
2) The FI module and its architecture
3) General Ledger Accounting
4) Fixed Assets sub-module
5) The Account Receivables sub-module
6) The Accounts Payable sub-module
7) Integration with other SAP modules and business implementation and deployment
8) The CO module and its architecture, interaction with the FI and other SAP modules
9) Cost centres and profit centres accounting
10) Internal orders and profitability
11) Product costing and activity based costing
For More Info: http://garudatrainings.com/sap-fico-online-training/
Why Choose Us: Our online course in SAP FICO gives you a perfect flexibility of pursing the
course within your existing schedule as you can opt from weekend or weekday batches as per
your convenience. The training resources are prepared by experts with rich experience in SAP
implementations. All modules are led by trainers and are interactive with a recording ability for
future use and access. We offer a 24/7 access to training resources and technical support and give
you a perfect quality training course with an extra emphasis on practical exposure to real-time
implementation scenarios and live projects.
The Complete Advantage: We endeavour to give you a perfect career as a SAP FICO consultant and
our online training course also includes the advantage of placement assistance through our industry
network. To help our users easily clear the interview evaluation, we offer an extensive collection of
in-depth interview questionnaires along with tips of effectively writing resumes. Choose us to get
the perfect advantage in your career as an SAP FICO consultant.
Register For Free Demo:
www.Garudatrainings.com
Email Us:garudatrainings@gmail.com
Ph No:+1-508-841-6144
Quick sap co configuration Internal OrderCapgemini
Internal order is a virtual place for collecting/pooling the costs of a particular activity/task. i.e. it is a method to collect those costs and business transactions related to the task/activity. It is a means of tracking costs of a specific job, service, or task. Periodically the costs which are pooled in an internal order can be settled to an asset or to a cost center or to a GL Account or to an order. Thus, while recording you need not analyze the costs. Just record and pool the costs in internal order. After that (generally at the end of the month) these costs are analyzed and settled for relevant elements (like asset or cost center etc).
This method of recording and settling the costs helps in analyzing the costs of cost center wise, profit center wise or cost element-wise. This level of monitoring can be very detailed but allows management the ability to review Internal Order activity for better-decision making purposes.
Introduction:
An Automated Clearing House (ACH) Payment is a form of electronic funds transfer that provides
a secure, efficient method of receiving payment through the ACH Network. The ACH Network is
a batch-oriented processing and delivery system that provides for the distribution and settlement
of electronic transactions and payments among financial institutions.
ACH payments offer the following benefits:
Eliminates the handling of paper checks
Reduces any payment problems due to lost, stolen or misdirected checks
Eliminates mail delays
Provides for greater payment certainty for cash planning
Provides an opportunity to electronically update and streamline your cash application and
receivables operations
More effective and secure.
Business can execute international transactions without having a foreign bank account
ACH format creates payment media for domestic payments in the USA. Incoming and outgoing
payments in US are supported.
ACH format is in accordance with version 004000 and conforms to the specifications of the
National Automated Clearing House Association (NACHA).
The National Automated Clearing House Association (NACHA) has worked with the Office of
Foreign Assets Control (OFAC) to amend ACH operating rules, minimize vulnerabilities in the
ACH network and prevent entities banned by OFAC from using the network as a conduit to send
or receive overseas funds.
NACHA Format Options: (i.e. CTX, CCD, CBR, PPD, POS, POP, PBR, IAT….etc)
In this document we will explain the creation of NACHA format file (National Automated
Clearing House Association) which need to be submitted to Banks for processing the ACH
(Automated Clearing House) transaction by CTX format
CTX Format – Corporate Trade Exchange is a NACHA format that incorporates multiple addenda
records that are structured in variable length fields. The addenda records are the remittance detail
for the ACH payment. The CTX Format is the suggested format as it is completely electronic and
therefore the most efficient
AUC is Asset under construction where some assets are in construction phase and cost needs to
capture through internal order for the time being. Once asset is fully completed then cost would
be transferred to another cost object (E.g. Cost center, Order etc...) and settle with final asset.
E.g. XYZ Company constructing building for their office. While construction many expenses are
attached to it. Till the time it is created we cannot charge it in building account hence we need to
create AUC account where cost will be stored.
Assets under construction (AUC) are a special form of tangible assets. They are usually displayed
as a separate balance sheet item and therefore require a separate account determination and their
own asset classes. During the construction phase of an asset, all actual postings are assigned to the
AUC. Once the asset is completed, a transfer is made to the final fixed asset
Blogs on Document Splitting at www.veritysolutions.com.au
Document Splitting is a very powerful feature delivered by SAP ECC.
Previous to SAP ECC, if new fields were required to General Ledger SAP had to deliver these new fields in Special Purpose Ledger tables. Profit Centre Accounting in R3 was Special Purpose Ledger table 8*, Joint Venture Accounting was ledger 4*. This essentially meant that data had to be copied from General Ledger table GLT0 to special ledger tables so these could be reported upon. However, technical glitches in code and incorrect usage of functionalities caused imbalances between the main ledger GLT0 and the special purpose ledgers.
SAP customers who wanted to expand the functionality of General Ledger to cater to special business requirements (like reporting General Ledger with another fiscal year variant) had to create custom Special Purpose Ledger tables. For example, if a customer wanted to report by two fiscal year variants, they could report one variant using General Ledger and the other variant using Special Purpose Ledger.
All this disparate ledgers reported the same source information in different views. Customers had to execute several month end jobs to ensure synchronisation of data across all these ledgers. Differences in balances and information between ledgers led to delays in month end close and reporting.
With SAP ECC new GL, SAP Customers can add new fields (which SAP calls “scenarios”) into General Ledger. This allows customers to perform, for example, Profit Centre Accounting and Reporting within General Ledger.
With SAP ECC new GL, SAP Customers can add new ledgers (which SAP calls “parallel accounting”) into General Ledger. This allows customers to report, for example, the same General Ledger data in multiple fiscal year variants.
This replication of data happens in real-time. SAP customers no longer need to execute month end jobs to synchronise data between different ledgers.
Hub AI&BigData meetup / Вадим Кузьменко: Как машинное обучение помогает снизи...Hub-IT-School
Hub IT School 26/12/15
Подпишитесь на нас в соц. сетях, чтобы не пропустить новые мероприятия!
https://www.facebook.com/Hub.IT.School/
https://vk.com/hub.itschool
Видео:
https://www.youtube.com/watch?v=oVcnP_gPtyU
Maintain Bill-wise Details
Create and maintain cost Centers
Create and maintain Multiple Currencies
Configure and compute Interest Calculations
Create and maintain Budgets and Scenarios
Generate and print various reports
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
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In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
1. Bank Reconciliation Statement FF67
Purpose
Processing of Bank Statement in order to clear the Open Items in the Clearing Accounts and
transfer the same to the Main Bank Account. Running the statement on daily basis ensures
that the balance as per the bank’s statement and the balance as per the books of accounts
are always reconciled.
Trigger
Bank Statement received from Banks in physical or soft copy.
Prerequisites
• Bank Statement (soft copy / hard copy), House bank, Account ID, Statement Number
and Statement Date
Menu Path
Use the following menu path(s) to begin this transaction:
• Select Accounting Financial Accounting Banks Input Bank
Statement Manual Entry to go to Initial screen.
Transaction Code
FF67
Helpful Hints
• Press F1 for help
• Press F4 for getting input values
• R – Required
• O – Optional
• C – Conditional
2. Procedure0
1. Start the transaction using the menu path or transaction code FF67
SAP Easy Access
2. 0Double-click to start the transaction.
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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FF67
3. 3. Enter information in the fields as specified in the following table.
Field Name Description R/O/C User action and values Comments
Company
Code
Company Code for which
you want to the run the
Bank Statement
R Select the Company
Code
Defaults
House Bank House Bank in the
Company Code
R Select the house Bank Defaults
Account ID Account ID defined for the
bank account defined in
the House Bank for which
you want to run the bank
statement
R System will list down the
Account IDs under the
House Bank. Select the
Account ID for which you
want to run the statement
Defaults
from the
first screen
Statement
Number
Number by which the
system will record the
bank statement
R Enter the number
mentioned on the
statement if any, or enter
your own number
Statement
Date Bank Statement date
R Enter the date mentioned
on the statement
Control data
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4. Opening
Balance
Opening Balance as per
the Bank Statement
R Enter opening balance
from the statement
Closing
Balance
Closing Balance as per the
Bank Statement
R Enter Closing Balance
from the Bank Statement
Posting Date O
Further
Processing
Bank posting
session
Session name for Bank
Postings
R Enter any name for the
Session
Sub-ledger
session
Session name for sub-
ledger postings
O If checked, Select one of
the three options.
Press Enter
4. In the subsequent screen select the variant for entering the bank Statement.
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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Enter the opening balances as per
the bank statement.
Note:
As the fields in the Standard SAP
are right aligned, incase you want
to copy and paste the figure from
excel file, it is requested to make
the field left aligned using arrow
keys.
5. 5. Enter information in the fields as specified in the following table.
Field
Name
Description R/O/C User Action and Values Comments
Transaction Determines how and to
which account the
system is to Post the
payment
R Select the proper transaction
from the drill down list.
List of
transactions
defined in the
system are
shown below in
the next table
Value Date Value date of the item to
be cleared
R
Amount Amount in account
currency
R Enter the amount as per the
bank statement
For check issue
transaction enter
amount with
negative sign
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6. Document
No.
Accounting Document
Number. Using this the
system tries to find in a
customer, vendor or G/L
account the item that is
to be cleared by the
payment.
R From the Clearing Accounts
enter the document no.
Applicable for
check deposit
transactions
Bank
Reference
Bank reference for
amount debited /
credited
R Enter the Bank reference
against the amount debited /
credited.
Applicable while
posting items like
Interest, Bank
Charges etc.
Reference Reference number of the
item to be cleared
O Enter the Check number
against which the amount
has been debited in the bank
statement
Applicable for
check issue
transactions. See
note below
The following is the list of transactions defined :
IN01 - Cheque Issued
IN02 + Cheque issued Reversal
IN11 - Transfer out to other bank A/c
IN13 - Cash Withdrawal
IN21 - Unresolved (Credit bank in our books)
IN31 - Interest Paid
IN32 + Interest Paid Reversal
IN33 - Bank Chargeslkk bi cvil
IN34 + Bank charges Reversal
IN51 + Cheque deposits
IN53 + Direct Deposit Customer known
IN54 - Direct Deposit Cust known Reversal
IN61 + Transfer in from other bank A/c
IN63 + Cash Deposit
IN71 + Unresolved (Debit bank in our books)
IN81 + Interest Received
IN82 - Interest Received Reversal
IN82 + Interest Received Reversal
IN91 + Cheque deposit via interim A/c
IN93 + Direct cheque deposit
IN95 - Deduction by Customers
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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7. CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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Ensure that the
balances
match
Amount field in Standard SAP Bank Statement program is right
aligned. Hence to copy and paste from Excel file, first make the
field left aligned using arrow keys and then copy and paste.
Enter Check No. for checks issued
and cleared.
Enter FI document number from the
Cheque Deposit Clearing A/c for checks
deposited and cleared as per Bank
Statement.
Select Transaction
8. Save the transaction by clicking on “Save button” or pressing “Ctrl + S”.
6. Post Bank Statement
In the main menu go to Bank Statement Post Individual processing or click on Save
button once again.
This will create a Session in the name of “List1” in the current case for posting the
transaction to G/L Accounts.
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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9. CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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10. The system will show the details of the session to be posted.
7. Process Session
Transaction Code : SM35
Select the Session to be processed and click on Process.
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11. In the pop-up screen select “Display errors only” and “Dynpro standard size”.
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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12. Click on Process
After process the system will pop-up a message saying that “Processing of batch input
Session completed”
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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13. In case of amounts to be debited to expense accounts like interest and bank charges, the
system will stop the processing. The user has to enter the cost center.
Press enter and enter the cost center.
Press Enter.
Click on “Session overview” to check whether the batch has run in Error. Incase the batch
has run successfully, the same will not appear in the Session list.
8. Check Accounting Entry
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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14. Transaction code : FB03
a. Entry for check deposited document number 2000000020:
Similarly entries have been passed for other Check deposit transactions.
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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15. b. Entry for Check Issued and cleared.
If you want to see all document then select the posting date in FB03
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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16. Then Execute
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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17. 9. You have completed this transaction.
Result
Entries have been posted from Clearing Accounts to Main Bank Account
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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18. Comments
The above procedure ensures that you’re the balance as per your bank account and the main
bank account in your books of account always match, thus ensuring reconciliation through
Clearing Accounts at any given point of time.
CAUTION : ENTER BUSINESS AREA IN ALL TRANSACTIONS
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