Electronic bank statement vs check reconciliation
I assume when we receive the check reconciliation file from the bank and when we load them in SAP using program RFEBCK00, it updates the check register and also make the following posting;
Dr outgoing check payment
Cr Bank master cash account.
Currently we are implementing electronic bank statement functionality. The bank statement will also have information about check payment. So when we upload the the bank statement in SAP, does the same posting repeat in SAP?
Edited by: PaulKr on Apr 12, 2010 8:34 PM
Also, if you're on a recent version of SAP, there is also a Processing Type field on the external transaction type mapping. That needs to be set to Clearing with Check.