What is house bank, bank key?

Answer Posted / syed.shakeer

House bank is the operating bank of the client through
which payments are made to the vendors and cash is recieved
from the customers.House bank of the client holds banking
information like bank keys,bank account id,bank details etc.

Is This Answer Correct ?    10 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can any one share with me the process solving tickets in sap fico with example plz.... thanks in advance

1789


What is the importance of good received/ invoice received clearing account?

844


What are the features of APP programing

1877


Suppose we have created a PO with qty 100 Ton and we have done MIGO with qty 99 Ton and after that we have MIRO 100 Ton. Interviewer asked me how can we load the difference qty balance of migo and miro (100-99=1ton) on material? please help regards sandeep.

1191


SAP DEPRECIATION RUN ERROR: I have a problem with depreciation posting. I have searched the forum but did not find any answer. Net book value of $ 559,350 as on April 2012 was fully depreciated by 31 Mar 2017. Additions between April 2012 and March 2017 were correctly depreciated. However, additions from 01 Apr 2017 were fully depreciated when depreciation program was executed. For example, asset acquisition on 01 May 2017 $ 2400 was fully depreciated ($ 2400) which is not correct. It should be $ 2000*20%/12*11 = $ 440. Subsequently, in Jan 2018, on the acquisition of $ 207, the system has posted a positive depreciation of $ 47,469 on the base value of $ 1,640,423.72!!! More surprisingly, acquisition after that is correctly depreciated. For example, acquisition on Jan of $ 3,488.94 was correctly depreciated by $ 174.45 (3488.94*20%/12*3 months). Here are the details of the configuration of depreciation: · Depreciation method SLM · Base method 0014 · Useful life: 5 years (20% depreciation). · Period control 01/01/01/01 · Depreciation after the end of planned life – the box is “checked”. · There is only ordinary depreciation. · “Only negative values and zero allowed” checked in Rule for positive/negative sign for ordinary depreciation in Depreciation Area. · Fiscal year: April to March · SAP ECC 6.0 Can anybody suggest/help how to fix this?

2165






Is it possible to create asset classes automatically? : fi- asset accounting

795


What is the use of document reversal in sap system? : cost center accounting

980


How do you go about configuring material ledger?

786


How we do the Testing? Normally how many types of testing process we use in SAP?

1793


List the reports in credit management? : fi- accounts receivable

779


How do you open a new fiscal year in the system?

794


Where does TDS codes maintain and which fields are updated for TDS calculation for invoice/Advance

2305


Where to assign activity type in cost centers? Or how to link cost centers & activity types?

779


Explain plan layout? : co- cost center accounting

781


Explain reversal of documents in sap : fi- general ledger accounting

818