SAP: Bank Accounts

1. Bank master records stored centrally in bank directory.
2. BNKA table
3. Every record is identified by the bank country and the bank key.
4. Includes the address data (SWIFT code, postal giro data, and bank group – for payment optimization).
5. Banks used by your company are ‘House Bank’.
6. House Bank – for electronic payment, bank accounts, G/L accounts per bank account.
7. Bank master data - 4 ways can create:
- In C/V master record / House Bank
- Create Bank transactions in AR/P master data menu
- Bank Directory can be imported from disk/tape using – RFBVALL_0 – Country specific transfer of bank data.
- Customers that use the lockbox – can create using batch input session that automatically update customer banking information in the master record.
8. Partner Bank type – to differentiate between two different banks.
9. Each bank account is reflected in SAP by a combination of HB and Account ID.
10. Bank account data contains the number of the account at your bank, the account currency, and the relevant G/L accountFor every bank account, a G/L account must be created. This G/L account is assigned to the bank account and vice versa. Both accounts have to have the same account currency.