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Chapter 9 ■ Defining the House Bank
A combination of the house bank ID and the account ID makes up the bank account in the SAP R/3
system. You enter the house bank ID and the account ID in the G/L account so that the system can recognize
the appropriate G/L account during bank transactions. The bank group is used for classifying banks. The
concept of an account group is helpful when you use the same bank as your business partners. For example,
all the business partners might belong to the HSBC bank group. The aim of the classification is to group
banks together in such a way that payment transactions within a group can be carried out as fast as possible
(this is referred to as payment optimization).
■■Note
When a business partner (customer/vendor) has more than one bank account for payment, the bank
type in the customer master record is used to distinguish between different banks. During invoice processing,
the SAP ERP user can decide which bank to use by choosing a matchcode in the partner bank field in the
partner’s master data. The matchcode is a user-friendly tool in SAP that assists you in searching for data stored
in the system. Matchcode maintenance is outside the scope of this book, as it requires technical knowledge of
the ABAP4 (the programmers).
Before proceeding with your house bank configuration, go to “Appendix A, Chapter 9, House Bank” to create the
appropriate G/L accounts needed for your house bank configuration.
The next section explains how to define house banks for your bank accounts in SAP ERP.
Define House Banks
As mentioned, banks used by company codes in the SAP ERP system are called house banks. A combination
of the house bank ID and the account ID makes up the bank account in SAP R/3 system. The house bank
ID and the account ID you define are used by the payment program to determine the banks to use during
invoice payment.
■■Note
the SAP ERP system comes with examples of standard house banks. If you are not confident in
configuring a house bank, take a look at them as a guide.
Problem: Company C900 Plc has two bank accounts (Barclays Bank and HSBC Bank).
You need to define the house banks for both bank accounts.
To define house banks, use the menu path: IMG: Financial Accounting (New) ➤ Financial Accounting
Global IMG: Financial Accounting (New) ➤ Bank Accounting ➤ Bank Accounts ➤ Define House Bank.
Or you can use the transaction code F112.
The Determine Work Area: Entry screen pops up and requests your company code. When you enter
your company code in the Company Code field, the system will automatically determine your company
code house bank work area. Enter your company code in the Company Code field on the screen and click
the Enter button at the bottom of the screen or press Enter on your keyboard. The Change View “House
Banks” Overview screen, where you start the customizing your house bank, is displayed (Figure 9-2).
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