What is house bank, bank key?

Answer Posted / vicky pruthi

House bank is the bank with which company maintain the
bank account.all transaction ismake in this account.acao.
can have a multiple housebank.

Bank key
It is the micr code through which the bank
identify.this is the unique key provided by the Reserve
bank

Is This Answer Correct ?    22 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the basic difference in customizing in profitability analysis as compared to other modules?

838


How to do dunning for vendor? What are the purposes of dunning for vendors?

780


What is a chart of accounts and types of coa in sap ?

816


What is an (asset) transaction type in fi-aa? : fi- asset accounting

864


How the system identifies a ‘posting period’?

779






What is key figure? : cost center accounting

782


Explain automatic payment program configuration? : fi- accounts payable

790


What is allocation price variance? : co- cost center accounting

783


How does the dialog handle user requests?

790


Differentiate manual check deposit from electronic check deposit? : fi- general ledger

793


What is an “asset under construction”?

757


How many chart of accounts can be attached to a company code?

780


What controls the screen flow?

819


what is child order

2329


Explain assessment in secondary cost planning? : co- cost center accounting

792