move bank account to new company code

[Hassanmurad0]

Hi

I am hoping someone can help me with this situation.

We have a company code 1000 with name ABC incorporation. We opened a bank account in same name and it is feeding daily statements into the system since past two years.

The entity has been sold but is partially owned so for that we create 9xxx company code. We have created new company 9999 with same name. We want to transfer the bank account from 1000 to 9999, can someone guide me with all the steps required to do it.

I was thinking to close it in 1000 and open it in 9999 so new statements will come in new company code but how do i bring in the balance in the bank account from 1000 to 9999. is there a SAP functionality for that?

[Hassanmurad0 · Accepted solution]

I found the solution by experimenting. We had to close bank account in old company, then update configuration for the bank account and it got opened in new company. we manually transfer opening balance from old company to new company using intercompany clearing accounts