Bank Accounting
Bank Accounting is an application within the financial accounting module of SAP. It helps users in managing incoming and outgoing payments for cash balance controlling. It also further provides users with ease in managing accounting transactions with their respective banks. Master Data Master data is stored centrally in the bank directory.
Bank Directories: these contain the bank master data for all the banks that the user approaches for business transactions. This means, data of the user’s own banks as well the as the banks of the user’s business partners must be input in the bank directory. Creating Master Data The bank directory can be created automatically as well as manually. Automatic: Country specific data transfer:
Enter transaction code RFBVALL_0, or through the easy access menu, Bank Directory Data Transfer – Transfer Bank Directory Data- Country Specific. Import a bank directory into SAP from a pre downloaded ASCII file. This data in the form of a national bank directory can be acquired from the banking organization of the user’s country. This must be regularly maintained and updated. International data transfer: Enter transaction cod e RFBVBIC_0, or through the easy access menu, Bank Directory Data Transfer – Transfer Bank Directory Data – International. Import a bank directory and select the bank countries. This directory has to be created by the user himself through BIC Database Plus
Manual:
To create bank master data manually, enter transaction code FI01, or using the easy access menu, Accounting- Financial Accounting- Banks-Master Data- Bank Master Data- Create.
The following screen will appear. Enter the Bank Country and the new Bank Key which you want to create.
Upon clicking Enter, the following screen will appear. Enter the data as required.
Click on the save icon to save all the data. The user would have successfully created the bank key.
All of the required data is specific and exclusive to the user’s bank. These
Bank Directories: these contain the bank master data for all the banks that the user approaches for business transactions. This means, data of the user’s own banks as well the as the banks of the user’s business partners must be input in the bank directory. Creating Master Data The bank directory can be created automatically as well as manually. Automatic: Country specific data transfer:
Enter transaction code RFBVALL_0, or through the easy access menu, Bank Directory Data Transfer – Transfer Bank Directory Data- Country Specific. Import a bank directory into SAP from a pre downloaded ASCII file. This data in the form of a national bank directory can be acquired from the banking organization of the user’s country. This must be regularly maintained and updated. International data transfer: Enter transaction cod e RFBVBIC_0, or through the easy access menu, Bank Directory Data Transfer – Transfer Bank Directory Data – International. Import a bank directory and select the bank countries. This directory has to be created by the user himself through BIC Database Plus
Manual:
To create bank master data manually, enter transaction code FI01, or using the easy access menu, Accounting- Financial Accounting- Banks-Master Data- Bank Master Data- Create.
The following screen will appear. Enter the Bank Country and the new Bank Key which you want to create.
Upon clicking Enter, the following screen will appear. Enter the data as required.
Click on the save icon to save all the data. The user would have successfully created the bank key.
All of the required data is specific and exclusive to the user’s bank. These