SAP BAM – Bank Account Management | SAP S4 HANA

In this article we will discuss about Bank Account Management and various transaction codes, tables and FIORI Apps used in it.

Steps in SAP S4 HANA Bank Account Management:

Step 1: Open Bank Account at Bank.

This is done outside AP, at a Physical bank by Business Accountant or Business personal.

Step 2: Create Bank Key in SAP based on the details of bank account open at bank

In this step, we create new Bank key. In case Bank key is created we can skip this step.

SAP ECC Transaction Codes	1. FI01 -> Create 2. FI02 ->Edit 3. FI03 -> Display 4. Fi06 -> Mark for Deletion
FIORI Apps Used	1. Create Banks 2. Manage Banks
SAP Tables	1. BNKA

*Transaction Code FI06: Deletion Flag can not be set for a Bank branch data if house bank is/are created under it.

Mass Upload of Bank Master Data in S4 HANA can be done using LTMC( Legacy Transfer Migration Cockpit) application. S4 HANA Transaction Code: LTMC. Click Here to read about it in details.

Pre-requisite of Bank Key creation is “Country Specific Settings”, which can be accessed via path SPRO> Netweaver> General Settings> Set Countries> Set Country Specific Checks

Step 3: Create/Manage House Bank

SAP ECC Transaction Codes	1. FI12
SAP S4 HANA Transaction	1. FI12_HBANK
FIORI Apps Used	1. Manage Banks > House banks
SAP Tables	1. T012

No Transport Request is required if House Bank is created with FIORI app. But, when house bank is created from transaction code, Transport Request is required.

Step 3: Create/Manage Bank Accounts

SAP S4 HANA treats House Bank and House Bank Accounts as a part of Master Data. And for this reason Creation of House Bank Accounts come under Cutover Activity in S4 HANA.

SAP ECC Transaction Codes	1. FI12
FIORI Apps Used	1. Manage Bank Accounts
SAP Tables	1. T012K 2. FCLM_BAM_AMD

Following operations related to house bank account can be performed in “Manage Bank Accounts” Fiori App

• Create New bank Account
• Edit Bank Account
• Close Bank Account
• Re-open Bank Account

“Manage Bank Accounts” FIORI App also provide option to import and export bank accounts. Mass creation of Bank account is possible with the help of Import template.

Advantages of Using Bank Account Management via FIORI Apps

Advantage of using the new SAP Bank Account Management functionality via SAP FIORI Apps are as follows:

• The 2 FIORI Apps ( ‘Manage Banks’ and ‘Manage Bank Accounts’) are interlinked, allowing seamless navigation from one app to another. This enables easy maintenance with roper reporting.
  For Example, Manage Banks shows details of Bank Directory with the total no of House Banks and Bank Accounts Created under each Bank.
  
  When you click on “Number of Bank Accounts’ the app will redirect to the “Manage Bank Accounts” App
  
• Unlike SAP ECC, FIORI Apps can be accessed from web browsers which provides a great user experience. In FIORI home page, one case easily check the functionality based on the roles, which improves the access related issues. In addition to these, there is no need to remember the transaction codes or update the SAP Easy Access Menu. With FIORI, you can view all apps based on the process/functionality.
  
  

Difference between SAP ECC and S4 HANA House Bank and Bank Account ID process

In SAP ECC, Creation ad maintenance of House Bank and Bank Accounts was part of Customizing Activity. And to make any Change Transport Request was required.

Whereas, in S4 HANA Bank Account Management, House Banks and Bank Account IDs are now part of Master data and are done under Cutover Activities.