Answer / sameer/mahender

Bank is a entity where bank accounts are related to the
bank for storing account holders data....there is
internal,customer and supplier bank..various types of bank
accounts are Savings,current and bank over draft...

Answer / avinash s m

Generally speaking Bank is a financial institution or
company which does banking transactions.

Bank Account is an account which is having by its Customer
in its Bank.

In ERP Application.

Bank: With whom the Business Enterprise is owning a bank
account. Generally we'll maintain Bank details into Bank Master.

Bank Account: It is a natural account/real account, defined
in the Chart of Accounts and will be referred when ever the
Banking/Financial Transaction is carried in the business
i.e. payments and receipts.

Answer / ajoy kumar rai

BANK IS A ASSET. SO, IT IS REAL ACCOUNT.
WHILE BANK A/C IS RELATED WITH PERSON. SO, IT IS PERSONAL
ACCOUNT.

Answer / learner

do remember that, irrespective of which ERP we are working on or working for, where ever we refer bank account it should be represented by respective bank. here what iam trying to emphasize is that, creating and updating bank is first and it is followed by transactions

Answer / ashok atthuluri

Here in Oracle When you are creating Bank no need to specify the owner, When it come's to Bank Accounts You have to Specify the Owner as Bank account. At Bank level we can't set any permissions. But when it comes to Bank account We can specify the Usage of That account like Use, Maintain Grants, Transfers.

Answer / swapnil

Bank And Bank Branch in R12 are created as parties under the TCA. HZ_Parties

Whereas the bank account are controlled by Cash management.
CE_BANK_ACCOUNTS.
The Bank account is owned by an legal entity (Owner) and within the legal entity we can give access to various operating units.

necessary steps for ledger creation?

2 Answers  

Grouping Rules and Line Ordering Rules

1 Answers  

what diff b/w security rulues and cross validation rulues

9 Answers  

What are the different type of Special calendars ?

1 Answers   FIC,

If the COA of the parent and child are difference then how will the consolidation be done?

1 Answers  

What is UAT and where we can Apply ?

3 Answers   Tesco,

Please tell me what is kick off,As is,to be process at the time of implementaion in details.

2 Answers   Genpact,

What is Recurring Invoice

4 Answers   Satyam,

What are the tables associated with Invoice?

2 Answers  

Substitute receipts and Unordered Receipts

0 Answers  

What is 4th c and why use 4th c mandatory?

2 Answers   Deloitte,

Is FA Supports Multi _org?

1 Answers