How to pay the specific vendor bank account?

Dmitry Kaglik

January 6, 2013

SAP

2 Comments

Share the knowledge!
Invoices, invoices, invoices...
Invoices, invoices, invoices…

Do you have any vendor that has several bank accounts? Sure you do, if you deal with big companies. They tend to have different accounts for different tasks and/or divisions of their business.

Then you need to make payments to these vendors.

How do you set up these payments to go to the correct bank account then?

That is quite easy.

The Payment details tab in the vendor master data has a list of bank details: bank key, account number etc. One of the fields there is Bank Type. You can enter any value up to 4 characters there.

When you do this, you have an ability to use this identification in the invoice. I.e. you tell the system that the payment for this particular invoice should go to this particular bank account.

The payment program will pick up the information and create a payment document with the correct bank details.

That’s easy!

 

Image by moonhouse, licensed under Creative Commons

Share the knowledge!

Related Posts

Controlling Account Assignment for non-Financial consultants

One of the most common issues that users experience when trying to post a document into the Accounting module of SAP is the issue about Assignment of Controlling Object. This error may appear in different situations: manual entry of the document in Finance, Goods Receipt or Service Entry Sheet for a Purchase Order, and so […]

Read More

An offer from SAP Expert for those in job search

Are you in the job search? Do you want some help? SAP Expert wants to give you a helping hand. There are actually two parts of this help. First of all, I am offering you an impartial  CV / Resume review. Seeing many of them, writing my own, I have some views on what should […]

Read More

Search this site

SAP Expert on the web

Subscribe!

Enter your email address:

Polls

Will you be happy to pay for the 3rd edition of the book FREQUENTLY ASKED QUESTIONS ON SAP FINANCE?

View Results

Loading ... Loading ...
Visit Us On TwitterVisit Us On LinkedinCheck Our Feed