Create Bank Account in SAP S4 HANA

In order to Manage Bank in SAP S/4 HANA we need to configure in SAP system and in Fiori.

STEP 1: Using T-Code FBZP >> In House Bank

Select position and find your Company Code.

Enter bank account and select your company code bmw1.

Continue read access only.

Create bank Account.

This will redirect you to SAP Fiori Launchpad…

In order to create Bank Account in Fiori >>

STEP 2: Enter User Credentials

STEP 3: In Bank Relationship >> Select manage bank account

STEP 4: Click on CREATE

Step 5:- Enter Company Code and Account Type.

STEP 6: Under Header Data >>

Enter Mandatory Fields* like Account Description, Account Number, Currency, Bank key.

STEP 7: Under House Bank Account Connectivity >> Click on Create

STEP 8: - Select G/L Account according to G/L account description in Chart of Account

Enter Chart of Account and choose your Bank Account G/L (create Bank Account G/L in FS00)

STEP 9 : -SAVE AS INACTIVE

STEP 10:-Click on ACTIVATE – To enable use of Created Bank Account in SAP for your company code.

STEP 11:-T code FBZP HOUSE BANK

In Bank Accounting we will have a House Bank. This House Bank is nothing but an identifier that we have a transaction with that particular Bank. And under this House Bank we have Bank Accounts/ Account ID's. These Account ID nothing but the couple of Bank Accounts we have with Bank for different uses like Current Account, Cheque Deposit Account, Cheque Issue Account, etc.

STEP 12:-BANK ACCOUNTS

STEP 13: - FBZP BANK DETERMINATION

Click on bank Account line new entry. Here you should enter the house bank, payment method, currency, account ID and bank subaccount.

Same house bank account and account ID can create multiple bank branches.

Configuration of bank accounts for payment transactions is an important step. This is to ensure that for each house bank and payment method (and currency, if required), you specify which bank account is to be used for payments. Bank subaccounts are used to post incoming and outgoing payments (accounts for outgoing checks, outgoing bank transfers, incoming checks, and bank collection.

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