How to pay the specific vendor bank account?

Dmitry Kaglik

January 6, 2013

SAP

2 Comments

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

Related Posts

More free SAP training

SAP Expert some time ago wrote about free SAP training available for SAP beginners. Some readers were skeptical about the opportunity, but in fact more companies offer free training. Here are some more options in various countries you may consider: Denmark Germany Russia Russia Even if these options are not available by the time you […]

Read More

How much would you pay for a mock interview?

Dmitry Kaglik

February 8, 2021

Job, SAP

No Comment

SAP Expert asked you a week ago about the mock interviews, and overwhelming majority of you, our readers, agreed that it would be beneficial to attend a mock interview as an additional step preparing for a real interview. All services should be paid for. Mock interview is not an exception. Let’s imagine that mock interview […]

Read More

2 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Search this site

Subscribe!

You can subscribe to our regular updates here.

Polls

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

View Results

Loading ... Loading ...
Disclaimer and privacy policy