Post Dated Cheques

[Former Member]

Scenario:

Post dated cheques (say cheque issued on 1st jaunary 2009) is issued. Cheque date is 31st january 2009. At that time (i.e. on 1st January), they do not post any accounting entry. Recording is done in excel.

When cheque date (31st Jan 2009) arrives, payment entry is posted in the books of accounts.

Entry passed on 31st January:

Vendor A/c Dr .... XXX

To Bank A/c

How to map In SAP:

Now in SAP, i 1st created check lot from Tcode FCHI

Then i entered TCode for cheque issue. But it is asking me payment document number. But till now i have not passed payment document entry. As per client policy, i will have to pass the entry on cheque date (i.e. 31st January) & not on 1st January...

So tell me, is possible to create check manually before passing payment document.

[Former Member · Accepted solution]

Deepak,

Post dated cheques are noted items.

Create one alternative recon acc for the PDCs

First create a special GL indicator for PDC in Tcode OBYR, there specify your original vendor recon acc and alternative recon account in the account determinations.

Then go to Tcode F-57 (Vendor noted item)

there enter header data, and change the posting key from 39 to 29.

enter enter the other required fields.

When you post this document, system will generates only one single line itsm, as it was a noted item.

According to SAP, noted items were statistical entries, since these transaction will not update transaction figures in the correspondant ledgers.

with F-57 entry line item is PDC recon acc DR (PK 29 and your spl GL indicator)

When the due date comes you need to reverse this F-57 entry and pass your payment entry.

after passing this payment entry only, you can issue check manually through FCHI.

Hope u got my point.

Post for further doubts.

Thanks,

Srinu.

[Former Member · Accepted solution]

Good answer

But i want to print the cheque before passing a payment entry. So how to do it ?

Any other solution. FCH5 asks for document number for cheque creation.

Does noted item creates documernt number....

If yes, can we put the document number of noted item in FCH5

[sanilbhandari · Accepted solution]

Hi

It may not be possible. However, you could refer to the following link and create a special GL Indicator in the way defined.

http://help.sap.com/erp2005_ehp_04/helpdata/EN/cb/bf47391881860be10000000a11402f/frameset.htm

Regards

Sanil K Bhandari

[Former Member · Accepted solution]

Dear Sanil,

Thnaks for the reply

I want to know about outgoing post dated checks

[deepa_khatri]

Hi Deepak,

How is it possible to assign a payment document to a cheque once you post some payment document and then you can assign the check.

to maintain the Post dated checks in SAP is possible through noted items .Noted items are created to keep the entries in the sys without posting any documents .

in real scenario without payment document psoting you can't create check manually.

thanks

deepa

[Former Member]

Hi,

you can use transaction code FCHR to entry post dated cheque in the system .

Sudipto