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Bank Accounting

Former Member
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Dear Friends,

Our client is not happy to use three different bank accounts in SAP for the same bank current account

1. Main A/c

2. Incoming Cheques A/c

3. Outgoing cheques A/c

Presently he is using single bank a/c in tally and is serving his purpose and is getting the reconciliation as well.

Can you please help me answer him why he needs to maintain such three seperate a/cs

Thanks

Sanjay

Accepted Solutions (0)

Answers (3)

Answers (3)

Former Member
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close file, Thanks

Former Member
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Tell him that it is because this solution when used in conjunction with daily electronic bank statements, keeps his bank account permanently reconciled as to date of last bank statement.

All unconfirmed entries are only in the sub accounts and do not come into the main bank until confirmed by running EBS.

Former Member
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Thanks Roshan

But they are not using electronic bank statement, they will do manual bank recon.

Rgds

Sanjay

Former Member
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Even we are using manual. It has the same effect.

The bank account is always reconciled state as on date of last recon run using ff67

Former Member
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he is maintaining this for better tracking and reporting purpose