You create a house bank for automatic payment program, cheque deposit and reconciliation. House bank in sap is represents by an ID created for a company code.
Define House Bank
To create it you need to follow the following path or transaction code FI12;
SPRO > Financial Accounting > Bank Accounting > Bank Accounts > Define House Bank
Enter the four digit Company code ID for which you want to create it.
Then in the next screen update followings;
- Telephone number and contact person
Then click on create to create the key in sap.
You need to fill up the address details and bank swift code and in the next screen fill up other details. To go the next screen you need to click on next button down below.
Now click on save.
Double click on accounts and then new entries
An enter the account ID, description, account number and general ledger to which posting will be done.
Click on save.
How to create Bank Master Data
You can create a master data and assign the same to a customer or vendor master. These details are used for payment program run.
You can create the master data by using transaction code FI01 or following path;
SAP menu > Accounting > Financial Accounting > Banks > Master Data > Bank Master Record > FI01 – Create
Enter the key and country.
In combination of your key and country you need to enter the address and control data. Clicks enter to check if there are any errors.
How to display a bank master data
You can display it by using transaction code FI03 or following path;
SAP Menu > Accounting > Financial Accounting > Banks > Master Data > Bank Master Record > FI03 – Display.
To display the it you need to enter the country and key. Enter both and press enter to display it.
You can edit master data from this screen by pressing the edit button from the top of the menu.
You can reconcile your account with the statement produced by the bank with the help of the additional feature available in sap called BRS.