Hi
What is the difference between House Bank and Bank Account.

Answer Posted / venkatareddy

House bank is the group of banks means the company is
maintaining 10 bank accounts these 10 a/cs will be maintain
by 1 house bank. Each bank GL can be assign to house bank and

account id is to make the reference for payment program
House Bank Master in SAP is created to capture the Branch
details of your bank like branch address, swiftcode etc.

Where as Account Id represents the account number in you
bank branch.

So There can be many account id's under one house bank
(as in one bank you can have local currency account and
foreign currency account or savings account and current account)

Is This Answer Correct ?    13 Yes 17 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

HOW ARE SAP FICO JOBS RIGHT NOW?

1563


Describe the reconciliation ledger? : co- cost center accounting

584


How does the system calculate depreciation? : fi- asset accounting

650


Explain what is recurring entries and why are they used?

555


Explain the various reference methods? : fi- general ledger accounting

663






Hello friends i am preparing For SAP FICO, can u please suggest me how can i find the jobs openings?, how shall i prepare for it? and on what area i should more focus on? which kind of questions can enterviewer can ask me and how shall i reply. can please get any reference from your side.. please. i am just craving to get the job please help me....... please reply me on E-mail: g.amresh@gmail.com ....

1912


What is the use of financial statement version in sap?

644


Can u help me how to See in SAP Form 16 details. T CODE is PC00_M40_f16. my question is How to get computation details through above T COde.When i open through above T Code shows in One Line i.e Gross Salary.I want to see Gross salary detils. is their any other Tcode to see- Computation details! Kindly help me ASAP My mail ID jublee2009@rediffmail.com sherya

3394


What is clearing? : fi- general ledger accounting

660


What is a special purpose ledger?

663


For stat. Key figure what is the significance of sender & receiver cost elements & cost centers?

616


What are “reason codes” used for in the accounts receivable module and what are the factors to be considered in their configuration?

780


How does group chart of accounts differ from operating chart of accounts?

705


Why it is necessary to block an asset master record? : fi- asset accounting

697


What is the land scape in sap?

662