Answer / chowdary

House bank is nothing but operative bank of client,It is
defined at company code level,The t.code is FI12.
The house bank have some containts i.e Bank name,account
id,Account number,bank address,Bank country,The link
between house bank to gl account in this screan fi12,double
click on bank data tab &Assign the bank gl account.

Answer / nazeer ahammed

House bank is nothing but local branch which the company is
operated.

Answer / saidulu

maitaining all details of bank which is operated by us.

ex: bank name, account no., bank id, branch address etc..

Answer / naveen.k

House bank Mean nothing but our company accounting
trannsations maintained at particular Bank.

With regards
Naveen.K
C.M.A

Answer / srinivas

House bank means where client has holding account.House
bank should create branch wise.See 2 scenarios.

1 ) Exam : SBI main branch under that Account 1,Account 2 &
Account 3.

2 ) SBI main branch Currenct account 1

SBI Begumpet branch Currenct account 1 both are house banks
for client.

The outstanding for vendor invoice is $1000, vendor having three banks (HDFC, ICICI and AXIS bank). Vendor given an instruction that out of invoice amount $ 1000, $500 pay to HDFC bank, $300 pay to ICICI bank and $ 200 pay to AXIX bank. How to clear the vendor invoice through app.

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