the question about the house bank

[Former Member]

Use t-code FI12 to define the house bank,could anyone please tell me the function of the bank key?And why different house bank can have the same bank key?

[srinivasa_maruvada]

Hi

All bank data is determined using this key. It is below the company code level. You will get total information at one point

Cheers

Srinivas

[Former Member]

Hi ,

The bank key under which bank data from the respective country is stored.When you define the country key, you also specify the country-specific definition of the bank key.In certain countries, the bank account number takes on this function

Regards

Surya

Edited by: surya naveen on Sep 10, 2008 8:20 AM

[Former Member]

Hi,

a Bank key identifies the House Bank within the SAP system as well as within the banking system.

Bank key contains - Bank Master data contains Bank name, Region (State), Address, This bank key is assigned to a house bank. GL a/c code is assigned to the house bank along with Account id.

Regards,

Satish Muvva.