reconciliation

[Former Member]

hello experts

My company is using sap b1 2007 B pl 18 . currently we are using manual external recociliation the problem which we are facing is the current balance in our sap account is different then our current external bank account balance. this is maily because the checks we have given to banks in which some of them yet not cleared on that particular date. so is there any functionality such that while making incoming payment it donot effect our sap account so when ever we get confirmation from external bank that particular check is cleared then only it affect the accounts .

thank u in advance

Regards

Saurav Gupta

[former_member196081 · Accepted solution]

Hi,

You can save your incoming payments in draft mode until you dont recive actual payment.

2nd Way is you can make an intermediate account .First take payment in this account and when you recive actual then pass a JE to your SAP Account.

Regards

Deepak Tyagi

[Former Member · Accepted solution]

hii depak

while making incoming payment through check there is a field called endorsement currently i am choosing as yes in this particular field . if i choose as a No in that field will it donot effect my sap account . olease guide me ......

thanku in advance ......

Regards

Saurav Gupta

[former_member196081 · Accepted solution]

Hi,

If you Checked Endorseed field as No it means you can not transfer this check to third party.

Thanks

Deepak Tyagi

[Former Member]

pls use internal banking reconciliation concept