Bank Reconciliation(EBS)

[Former Member]

Hi,

Created 2 vendor invices of 1000 + 2000

issued check for 3000 using bank clearing account -Outchecks. ( Dr vendor Cr Clearing-Outchecks account)

On receipt of the bank statemnet Clearing account

(Dr Clearing account Cr Bank account)

In Subledger I want to clear the open item of both 1000 and 2000.

As the amount is 3000 it ant clear as error message 'Diff is too large to clear'

How do I effectively clear the sub ledger items also ?

I tried Check no .

Any suggestions from whom worked on Bank statement?

Regards,

Chitra

[Former Member]

Chitra,

You should have cleared your Vendor items while issuing the Check:

Vendor Acc:

-1000

-2000

Your Check issing should be:

Vendor +3000 (plus clear both invoices)

Check Clr -3000

When your EBS with that check arrives I assume it is available (Check#) as a Customer Reference field. You can use Check based clearing (interpretation algorithm) to actaully set your check to "Encashed" and directly clear your payment document item in Check Clr account.

Hope it helps.

Regards,

Darek

[Former Member]

Hello,

I am not having any luck , with the "check encashment" functionality you describe below.

I have set the correct algorithm (013) , to the external code, have the check reference in the correct field on the bank file.

When I run the batch in foreground, it appears as though SAP is still using the "amount " field to match, and I am not getting the check marked as cashed.

Besides the algorithm assignment and corresponding data, are there any additioanl steps I am missing, in order for this to work.

Thank you in advance.