Bank key is a bank identifier used to identify the bank in the specific country. The country-specific definition of the bank key can be specified when country key defined.
Category Archives: SAP FI
House banks are the banks used to deal all transactions for the company. In other words, it is an operating bank where all transactions are made by the company.
Normally, checks supplied by a bank usually divided into lots (batches). In the SAP System, a check number range represents a batch (lot) of numbered checks.
Many public-sector customers need to use the balancing function to track balancing entries posted in financial documents. Those balancing entries appear in the documents of the special purpose ledger or in the general ledger view of new General Ledger Accounting.
Exchange rates is a relationship between two currencies. Exchange rates are used to translate an amount into another currency. Exchange rates can be defined in the system for the following purposes: –
Different Exchange rates can be defined for each currency pair. Exchange rate types are used to differentiate between the exchange rates. The different exchange rates are used rates for the following purposes –
Every company must follow conversion Factor continuously for all the years and it shouldn’t be changed. If the conversion factor changed in between the year, it gives wrong results. Conversion factors are given at Client level but not at Company code level.
SAP Cash Management is used to monitor cash flows and to ensure that having sufficient liquidity to cover payment obligations.
Financial Accounting “Basis”(FBAS) Tables Description Fields BKPF Accounting Document Header MANDT, BUKRS, BELNR, GJAHR BSEG Accounting Document Segment MANDT, BUKRS, BELNR, GJAHR, BUZEI BSIP Index for Vendor Validation of Double Documents MANDT, BUKRS, LIFNR, WAERS, BLDAT, XBLNR, WRBTR, BELNR, GJAHR, BUZEI BVOR Inter Company Posting Procedure MANDT, BVORG, BUKRS, GJAHR, BELNR EBKPF Accounting Document Header […]
Account Determination is to establish the connection between the asset master records and the corresponding accounts in the general ledger in Financial Accounting.