8/18/2019 Bank Reconcilation FF67

http://slidepdf.com/reader/full/bank-reconcilation-ff67 1/5

BANK RECONCILATION PROCESS

TOPIC OBJECTIVES

Background

On periodic basis, it is necessary to reconcile Bank books to the balances as per Bank. InSAP, we have a specific process to do bank reconciliation. In SAP, we have at least 3 GLacconts for each bank, vi!., "ain Accont, #eceipt accont and pay$ent accont. Allche%e receipts will be entered in #eceipt accont and all pay$ents will be entered inpay$ent accont. &he $ain accont will have balance that of bank. 'rin(reconciliation, all the relevant ite$s of receipt and pay$ent acconts, will be transferred

fro$ these accont to the "ain accont, so that the new balance tallies with Bank on aspecific date.

Scenario

)e have varios open ite$s in Bank receipt and pay$ent accont, ot of which so$eare reflected in the bank state$ent. Let s see the present sitation*

Bank "ain accont*

Bank receipt accont*

8/18/2019 Bank Reconcilation FF67

http://slidepdf.com/reader/full/bank-reconcilation-ff67 2/5

Bank Pay$ent accont*

Sppose the balance as per Bank state$ent as on + th -eb// is #s. 0120 positive4,lets try Bank reconciliation in SAP.

Prerequisites

&he $aster data of bank acconts and so$e transaction data in receipt and pay$ent

acconts.

PROCEDRAL STEPS

&#A5SA6&IO5 6O'7* --89

&he path for the transaction code is*

8/18/2019 Bank Reconcilation FF67

http://slidepdf.com/reader/full/bank-reconcilation-ff67 3/5

'o enter

'O 75&7#

8/18/2019 Bank Reconcilation FF67

http://slidepdf.com/reader/full/bank-reconcilation-ff67 4/5

SA:7 &;7 S&A&7"75&

)e will (et the followin( $essa(e*

&he ne<t step is to post the state$ent*

5ow this state$ent has to be posted thro(h SAP session.

=se &r>code* S"30

8/18/2019 Bank Reconcilation FF67

http://slidepdf.com/reader/full/bank-reconcilation-ff67 5/5

Select the session ? click on process

Select second option that is @'isplay errors only and click on process, solve the error.

After co$pletion then it will (ive followin( $essa(e*

6lick on Session overview, yo will not be able to see the session, if the session ran

sccessflly.

6heck the $ain accont GL balances, the closin( balance shold tally with the BankState$ent.