New Feature in S4 2020 - New Account Type for Cash & Bank | Single GL for multiple House Bank A/Cs

You can now simplify your payment processes by creating new house bank accounts and connecting them to a new type of G/L account, that is, a bank reconciliation account. A G/L account with this new G/L account type can be assigned to more than one house bank account. In other words, you can cut down on the number of G/L accounts needed by creating just one bank reconciliation account and assigning it to several house bank accounts.

About Trainer:
Mr. Vikram Fotani is Professional Certified SAP S/4 HANA Consultant with 15+ years of experience. Currently working as Freelance S/4 HANA Consultant/ Corporate Trainer and conducted various Corporate/ Individual training on various SAP S/4 HANA modules in big IT companies. Apart from SAP Finance, Vikram also provides training/ self learning videos on SAP S/4 HANA FICO, Controlling, FSCM, Central Finance, SD, MM, Logistics, SAP RAR etc.

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[boryiboy]

Hi! thank you for this video but I am concern about how this is integrated with new FSCM Cash management.

Fiori cash flow analyzer displays bank account balances from Fi postings, but for this it needs to identify house bank and bank account ID in all the FI documents posted (main ones are electronic bank statements). So now it is done throug a standard BTE which is filling hous bank and account id automatically always a FI document is posted based on FS00 configuration. With this new functionality, if I have only one GL account for all bank accounts, and no house bank is informed at FS00 level not sure how Cash flow analyzer and liquidity management are going to handle it.

Anybody knows about this important feature?
Thank you!

[master-ffsm]

hello, in 12:22 can you tell which one is the "Account type" for saving because I don't see any Description for "Saving" like "Current". can you please answer the question ASAP.

[balkaniero]

One question: Do we need to create a bank reconciliation account and a bank clearing account for each bank?

[sajishponneth]

Great explanation...It was so easy to understand! 💯👍

[kesavulureddy]

Hi sir as per explained i have done configuration.but i am facing 1 issue,
BANK RECONCILIATION ACCOUNT IS NOT IN USE SPECIFY ANOTHER GL ACCOUNT please help me

[zaidumer]

I am having issue regarding assignment of profit center to those house banks, as the field of profit center which was there before in manage banks app is now not visible, and secondly as their is only one bank main GL, I can't use default Prift center fagl3keh,
Thanks in advance,

[raghuchanan]

Superb video... Thanks for this.. but you have stopped further at the right moment🤣 where real BRS starts like uploading bank statement etc..

[RAHULSINGH-zvnn]

Hi Vikram
great video! I think we can see the balances in REGUP table. correct me if i am wrong

[omeshsharma]

Hi Vikram, this was just Great. Wanted to know how this will affect changes we need to do there, if you can some post will be of great help

[rajanikanth-cafinal]

What is the difference, if I create again three GLs in new enhancement. Again I have to create multiple account ids

[deeptivarshney]

Hello sir, Thanks for your all videos and continue support.
So I have an issue here-while I am assigning main bank reconciliation bank account to bank account in fiori it says -If you want to use new G/L account type, select the “USE BANK RECONCILIATION ACCOUNT CHECK BOX FIRST”.so where can I find this check box.TIA

[NITHINVP-kf]

ACTIVATE button is not appearing in screen. can u please tell how to make it appear?

[okechukwuutazi]

So how does SAP perform bank reconciliation

[faiz]

Dear Sir,
How can we post cash withdrawal from bank entry in sap.
Thanks

[shashidharnadimpally]

Excellent presentation. Thank You sir.

[K.karimi]

Hello, can you please introduce me a document or a movie that is different bank accounting configuration in ECC With S4 Hana explained step by step and completely

[Maryam.km.m]

Hello ، good time
Is there a new method and T-code for reporting from bank accounts with this new method? If not, what is the advantage of this method over the previous method?

[jittaboinaprasad]

your settings not working when I run APP

[ashokchitra]

Thank you sir
Here how reconciliation will work to main bank is not explained can you please help me on that

[soubhadra]

New S4 HANA Bank Reconciliation Statement: