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

New SAP S/4HANA Handbook for Finance Consultants

Dmitry Kaglik

February 4, 2019

SAP

No Comment

Share the knowledgeFacebookTwitterLinkedinDiggemailTanya Duncan is a long “resident” on SAP Expert blog. She published two books for SAP consultants previously: “The Essential SAP Career Guide – A beginner’s guide to SAP careers for students and professionals” and “Practical Guide to SAP CO-PC (Product Costing Controlling)“. There has also been a long and interesting interview with […]

Read More

The Best SAP Article in 2018

Dmitry Kaglik

January 7, 2019

SAP

No Comment

Share the knowledgeFacebookTwitterLinkedinDiggemailThe year 2018 is now over. We celebrated and congratulated each other. Let’s now see what it meant to SAP Expert. There were 15 new articles published in 2018 altogether. Is it interesting to see which of them was the most interesting, which one was the best, which one attracted the most readers? […]

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Your email address will not be published.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