Automatic Bank reconciliation

[Former Member]

Hi Experts,

Need your advise on the below situation :-

There are 2 company codes say M002 and M003 at the SAP level. .

Both these company codes share a same bank account in a Bank. They have their own payment runs and receipts using F110. But at the end of the month, there is only one statement received from the Bank.

Now they want an Automatic bank reconciliation statement process.

Questions:

Is this even possible?

Can we split the bank statement? If we can split the statement to Identify transactions separately , can we do the automatic bank reconciliation process? ( Should we ask the Bank on this)

Is there any other way we can do this?

Please advise.

Regards

Malathi

[Former Member]

Hi,

It is possible to maintain one bank account for two seperate legal entities (2 Company Codes)?

If bank provide seperate bank accounts for each company code, then it is possible to do Bank Reco for both company codes seperately.

Regards,

Sarma Bhamidipati

[Former Member]

Hi,

It seesm that the two company codes are created for SAP purpose only. In this case I will suggest you to make entries in one company code for all the payment , make setting in for this in FBZP for paying comapny code and then you can run the bank reco for the bank account in paying company.

Regards

Milind Sonalkar