Procedure For Bank Reconciliation in FICO

3/17/2016
Procedure For Bank Reconciliation in FICO
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SAP BASIS INTERVIEW

SAP BASiS interview Qu
Steps for Assignment of
Procedure for WITH HO
Procedure for Cash Jou
BANK RECONCILIATION
Check Deposit
|
-------------------|
|
Manual Electronic
Bank statement
|
-----------------|
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Manual
Electronic
Procedure For Bank Re
Steps for Closing Proce
Procedure for Balances
Steps for Up loading of
Steps for DATA TAKEOV
Steps for Reports in FIC
Define Asset Transfer &
Define ASSET SALE in F
Customization for
Steps Deprecatio
Steps for Assignment of
Customization For Asse
Details View of ASSET A
Steps for Sales Tax in FI
Manual check deposit /manual bank statement

For each current account we have to create accounts
Account no.
should with
1. Main bank account
2. Check issue account
3. Check deposit A/c
4. clearing account
5. Bank Changes
0
Open item
Open item
Open item
1
2
3
If we have 100 Bank current accounts instead of assigning accounts

100 times we assign only one time using masking.
1. Main bank account
+++++++++0
2. check issue account
+++++++++1
3. check deposit a/c
+++++++++2
4.clearing account
+++++++++3
Always main bank account balance and bank statement balance will be
same.
Flow:
Sales:
1. Sales invoice posting F-22
Customer A/c
To Sales
2. Check deposit
Dr
100000
100000
Dynamic View
s template.
A) Bank
key Pow ered by Blogger.
http://sapallinterviews.blogspot.in/2014/03/procedure-for-bank-reconciliation-in.html
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Steps for Sales Tax in FI
Configurations For Dun
Step by Step for Bills dis
Steps for Advance Rece
B)
C)
D)
E)
F)
G)
Bank account
Pay slip no.
Transaction type
Customer
Bill no.
Amount and Save
IDBI Check deposit a/c Dr

100000
To Customer with clearing
100000
steps in Sales invoice p
Step by Step for ACCOU
3. Enter manual bank statement

A) If the check deposit credit is not there open items in bank check
deposit A/c-Checks
Deposited but not credited
Details of Automatic pay
Steps for Automatic pay
Steps For Vendor A/c Cr
B) If the check deposit credit comes in bank statement

A) Pay slip no.
B) Bank key
C) Bank account
D) Transaction type
E) Amount and save
Steps for create Advanc
Steps for Purchase invo
IDBI main bank A/c Dr

100000
To IDBI Check deposit a/c 100000
(with clearing)
Steps For House Bank
Steps by Creation of ven
Steps Accounts Payable
Steps for Foreign Curre
Purchases :
4. Purchase invoice posting F-43
Inventory RM Dr
To Party A/c
200000
200000
5 Outgoing payment with clearing F-53

Party A/c Dr with clearing 200000
To IDBI check issue A/c 200000
DEFINE ACCOUNT PRI
6. Manual check creation

FICO interview Question
Step by Steps for Revers
FOREIGN CURRENCY
FICO Interview Qu
Steps for Salaries Provi
Assign check no.to payment doc.no.

A) If the check debit is not there open items in bank check is
issue A/c check issued but not presented.
B) If the check issue debit is there
A) Bank key
B) Bank account
C) Transaction type
D) Check number
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E) Amount and save

Steps for Month end pro
Steps for Sample Docu
IDBI check issue Dr with clearing

To IDBI Bank a/c
Bank charges direct debits
Step By Step for Park Do

A)
B)
C)
D)
Step by Step Creations
SALES TAX PROCEDURE
Bank Key
Bank account
Transaction type
Amount and save
Bank charges
Dr
To IDBI main bank a/c
SAP FICO Interview Que
Basic FICO Questions &
IDBI main bank A/c
FICO Interview Question
For Demo How to Open
INTRODUCTION Of SAP
200000
200000
5000
5000
IDBI bank statement
10000 7 B) 20000
8) 500
7 B) 20000 3 B) 100000 Cr
8)
500 DR
IDBI check Dept A/c

2.
100000
3. 100000
IDBI Check issue A/c
7 B) 20000
20000
1. Creation of GL masters (FS00)

Give the GL A/c no.
:200130 Wages A/c
Company code
:AML
Select with template button
Give the GL A/c no.200105 SBI A/c
Company code
:AML
Enter
Change short text and GL Account long text to IDBI main bank
Save
GL A/c No.
:200131
Company code
:AML
Give the GL A/c NO.200130
Company code
:AML
Enter
Change short text and GL A/c long text to IDBI check issue
Select control data tabs
Select open item management check box
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Save
GL A/c No.
Company code
:200132
:AML

Give the GL A/c No.
:200131
Company code
Enter
:AML
Select type/description tab

Change short text and GL A/c long text to IDBI check deposit
Save
GL A/c No.
:400304
Company code
:AML

Give the GL A/c No.
:400300 Rent A/c
Company code
Enter
:AML
Change GL A/c short text and GL A/c long text to Bank charges
Save
Define House Bank (FI12)
Give the company code
Enter
:AML
Select new entries button

House bank
:IDBI
Bank country
Bank key
:IN
:AMLIDBI1
Save
Give the name IDBI bank limited
Street
:Bank Street, Koti
City
Bank branch
:Hyderabad
:Main branch
Enter
Press enter to save in your request
Double click on bank accounts folder
Account ID
Description
Bank account no.
Currency
GL A/c No.
Save
:IDBI1
:IDBI current no.1
:AMLIDBI1234
:INR
:200130 IDBI Main bank
3. Creation of Check lots (Tr code is FCHI)

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Give the paying company code

House bank
:AML
:IDBI
Account ID
Select change status button
:IDBI1
Select create button (shift+F5) beside details button

Lot no.
:1
Check no.
:100001
To no.
Select non-sequentional check box
Short information
Purchase date
:100100
:IDBI bank
:Todays date
Enter and save

Define posting keys and posting rules for check deposit
Path :SPRO-Financial accounting Bank accounting Business
transactions Check deposit Define posting keys and posting
rules for check deposit
Chart of accounts
Enter
:AML

Accounts symbol
:AMLA
Text
Accounts symbol
:Main Bank
:AMLB
Text
Accounts symbol
:check issue
:AMLC
Text
Accounts symbol
:Check deposit
:AMLD
Text
:Bank charges
save
press enter to save in your request
double click on assign accounts to account symbol folder
select new entries button
accounts symbol
:AMLA
Account symbol
AMLA
times plus)
AMLB
times plus)
AMLC
times plus)
AMLD
Currency
INR
GL A/c
+++++++++0 (9
INR
+++++++++1 (9
INR
+++++++++2 (9
INR
400304 Bank
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Charges A/c
Save
Double click create keys for posting rules folder
Posing rule
AML1
AML2
AML3
AML4
Save
Text
Check receipt Clear customer
Check deposit clearing in Bank
Check issue clearing in Bank
Bank charges direct debit by banks
Double click on define posting rules folder

Notes:
Check receipt clear customer
AML1-Check receipt clear customer
IDBI check deposit Dr
GL
To Customer with clrg
SL
Doc.Type
DZ
Posting rule
Posting area
Debit posting key
Account symbol
Document type
Posting type
:AML1
:select 2 sub ledger accounting
:40
:AMLC (check deposit)
:DZ
:select 8 sub ledger a/c
Select next entry button

Posting rule
clearing in bank)
Notes:
AML2
:select AML2 (check deposit
:Check deposit clearing in bank
IDBI1 Main account Dr

GL
To IDBI check deposit with clearing GL
Doc .type
:SA
Posting area
Debit posting key
Accounts symbol
:select 1 Bank accounting

:40
:AMLA main bank a/c
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Document type
:SA (GL account document)
Posting type
:select 5 clear credit GL Account
Posting rule :AMLB check issue clearing in bank
AML3 Check issue clearing in Bank
IDBI check issue with clrg DR
To IDBI main bank A/c
Doc .type :SA
Posting area
Debit account symbol
Credit posting key
Account symbol
Document type
Posting type
Posting rule
GL
:select 1 bank accounting

:AMLB
:50
:AMLA Main bank
:SA
:select 4 clear debit GL Account
:AML4 Bank charges :Direct debit by bank
Bank charges
Dr
To IDBI Main bank A/c
Doc type :SA
GL
GL
Posting area
:select 1 Bank accounting
Debit posting key :40
Account symbol
:AMLD
Credit posting key :50
Account symbol
:AMLA
Document type
:SA
Posting type
:select 1 post to GL A/c
Save
Create and assign business transactions :
Path :Up to business transactions the path is same Check deposit
Create and assign business transactions (Tr code is OT53)
Transaction
+/-
:AML1
:+
Posting rule
:AML1
Text
Transaction
:Check receipt clear customer

:AML1
+/Posting rule
Text
Select save button
:- (for posting revenues)

:AML1
:Check receipt clear customer reversal
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Select cancel button

Select Yes button
Save
Define variants for check deposit
Same path ( Tr code is OT45)
Select create button
Variant
:AML1
Name
:check deposit variant for AML
Enter
From the possible fields column
Double click on reference document no.(selection)
Enter
Column
1
2
3
4
Offset
3
20
37
52
Length
16
4
10
Save
Select create request button
short description
:Work Bench request for AML
Enter
press enter to save in your request
kept the customer on AML1
select activate button
create and assign business truncation for manual bank
statement
path :up to business truncation the path is same Payment
transactions manual bank statement Create and assign business
transactions
select new entries button
Transaction
+/Posting
rule
AML2
+
AML2
AML2
AML2
Interpretation
algorithm
Text
Check
deposit
Check
deposit
clearing in
bank
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AML3
AML3
AML3
AML3
AML4
AML4
AML4
AML4
011 (Outgoing
check :Check
no. different
from payment
doc.no.
11
reversal
Check issue
clearing in
Bank
Check issue
clearing in
bank
(Reversal)
Bank
charges
direct debit
by bank
Bank
charges
direct debit
by bank
(reversal)
Save
011- Check no. different from payment doc.no. purchases
1.
Purchase invoice posting F-43

Inventory RM
DR
To Party A/c
Doc no.1
200000
200000
2. Outgoing payment with clearing
F-53
Party A/c DR with clearing

To IDBI Check issue A/c
Doc no.200001
3. Manual check creation
200000
200000
FCH5
Assign check no. to payment doc no.

Assign check no.100001 to payment
Doc no.200001
Check no. and payment Doc no. are different
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Define variants for manual bank statement

Same path (Tr cod is OT43)
Select create button
Variant
:AML2
Name
:Manual bank statement variant for AML
Enter
From the possible fields column double click on reference doc .number
(selection)
Enter
4the column (20+16) :36
From the possible field column double click on bank reference
Enter
From the possible fields column double click on business area
Enter (53+13+4):67
Save
Press enter to save in your work bench request
Keep the cursor on AML2 :select activate button
To make text field optional field for field status groups G001 and
G005 (Tr code is OBC4)
Select field status variant :AML
Double click on field status group folder
Double click on G001
Double click on general data
Text make it optional entry field
Save
Double click on G005
Double click on General data
Text make it optional entry field
Save
SALES
Sales invoice posting (F-22)
Give the document date
:Todays date
Type
Company code
:DR
:AML
Posting key
:01
Reference bill no.

:2345
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Account
:6600001
Enter
Amount
:100000
Business area
:AMLH
Text
:Sales invoice posting
Posting key
Account no.
:50
:300000 Sales a/c
Enter
Amount
:*
Business area
:AMLH
Text
Document simulate & Save
:+
Manual check deposit

Path :Accounting financial accounting Banks Incomings
check deposit manual entry (FF68)
From the menu select settings Specifications
Start variant
:select AML1
Enter
Bank key
:AMLIDBI1
Bank account
;AMLIDBI1234
Currency
Group
:INR
Transaction
:select AML1 (check receipt clear customer )
Posting date
:Todays date
Value date
Currency
:Todays date
:INR
:1 (paying slip no.)
Enter
Amount
:100000
Reference no.
Business area
:2345 (bill no.)

:AMLH
Customer no.
:6600001
Enter & save

Save once again
From the menu select System >services Batch input Sessions
select session name :IDBI-IDBI1
Select process button
Select Display errors only radio button
We get a message processing of batch in put session completed
Select exit batch input button
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Go and See the customer A/c FBL5N

Give the customer no.6600001
Company code
:AML
Select cleared items radio button
Select normal items check box
Execute
Double click on type DZ
Select column document overview button
Check deposit credit in bank statement
Path :Accounting Financial accounting Banks-Incoming Bank
statement manual entry (Tr code is FF67)
From the menu select settings specifications
Start variant
Enter
:select AML2
Bank key
:AMLIDBI1
Bank account
Currency
:AMLIDBI1234
:INR
Give the statement no.
:1
Statement date
:Todays date
Opening balance
:0
Closing balance
:100000
Posting date
Enter
:Todays date
Ignore the warning message press enter

Transaction
:select AML2 check deposit in bank
Value date
:Todays date
Amount
:100000
Give the reference doc no. :1 (That is paying slip no.)

Business area
Enter & Save
:AMLH
Save once again

From the menu select System Services Batch input session
Select session name
:IDBI IDBI1

Select display errors only radio button
Ignore the message and exit batch input button
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Go and see the IDBI check deposit A/c (FBL3N)

Give GL A/c No.
Company code
:200132
:AML

Execute
Double click credit 100000
Select call up document overview button
1.
Purchases
Purchase invoice posting F-43
Type
:Todays date
:KR
Company code
:AML
Posting key
:31
Account no.
:4200001
Enter
Give the amount
Business area
Text
:20000
:AMLH
:Purchase invoice posting
Posting key
:40
Account no.
:200120 Inventory RM
Enter
Amount
:*
Business area
Text
Document Simulate and Save
2.
:AMLH
:+
Outgoing payment with clearing (Tr code is F-53)
:Todays date
Type
Company code
:KZ
:AML
Clearing text
:Outgoing payment
Account under bank data

Business area
Amount
Text
:200131 (IDBI cheque issue date)

:AMLH
:20000
:Outgoing payment
Account under open item selection :4200001

Select process open item button
Double click on payable amount :20000
From the menu select Document --Simulate & Save
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3.
Manual check creation (FCH5)
Give the check no.100010

Save
4.
Enter manual bank statement (FF67)
Select overview button (F8)

Keep the cursor on AML IDBI Bank Ltd
Select new statement button
Closing balance (100000-200000)=800000
Posting date
:todays date
Enter
Transaction
:AML3 check issue clearing in Bank
Value date
:todays date
Amount
:20000 with minus
Bank reference
:100010 (cheque no.)
Business area
:AMLH
Enter
Select save button , save once again
From the menu select System Service Batch input Sessions
Select session name
:IDBI-IDBI
Select Display errors only radio button

Ignore the message exit batch input button
Go and see IDBI cheque issue account (FBL3N)
Give the GL account
Company code
:200131 IDBI cheque issue account

:AML

Execute
Double click on debit 20000
Select call up document overview button
Bank charges Direct debits
Enter manual bank statement FF67
Select overview button
Keep the cursor on AML IDBI Bank Ltd
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Select new statement button

Give the closing balance
:79500
Posting date
Enter
:Todays date
Transaction
:AML4 Bank charges direct debits
Value date
:Todays date
Amount
:500-
Business area
:AMLH
Enter & Save

Save once again
From the menu select System Services Batch input Session
Select session name :IDBI IDBI-1
Select display errors only radio button
Ignore the message and select exit batch input button
To view the document posted (FB03)
Enter
To view bank statements in SAP FF67
Select overview button
Double click on AML IDBI Bank Ltd
To view the transactions in the statement
Double click on statement no.
Posted 5th March 2014 by Great India
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3/17/2016