Bank to bank transfer SAP Business By Design

[Former Member]

Hi, I would like to make a transfer bank to bank between two accounts with different currency (dollar and euro). If I do it like the system propose it (module liquidity management) the cash reconciliation repot doesn't match because the currency is different between the bank and SAP. How do you manage these operations in your companies?

[alexandre_colombo]

Hi Claudia,

If your bank a bank-to-bank transfer from e.g. USD to EUR, the system will use the applicable exchange rate to convert USD amount to the EUR amount in the cash location. The operation results in one Outgoing Bank transfer and one Incoming bank transfer.

If the transaction currency also differs from company currency, exchange rate also applies for the journal entry posting in company currency, hence there shouldn't be any differecens in the cash reconciliation.

If the above does not address your query, please provide us with more details on your concenrs.

Regards,

Alexandre.