SAP Bank Account Management

In SAP S4/HANA Finance House banks are merged into Bank Account Management (BAM) in SAP Cash Management powered by SAP S4/HANA

Bank Account Management is provided in 2 versions.

1. Bank Account Management lite (BAM)
2. Bank Account Management Full version

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SAP Bank Account Management Lite

Bank Account Management lite is a compact version of Bank Account Management for customers without a license of SAP Cash Management powered by HANA.

With BAM Lite below task can be performed:

• Display Bank Accounts in List view
• Search Bank accounts using either exact or fuzzy logic.
• Maintain Bank Account Master Data
• Import or Export Bank account using import & export bank account tool.
• Business function FIN-FSCM-BNK should be activated to utilize Bank Account Management lite.

SAP Bank Account Management full version

This is provided to customer with separate license for SAP Cash management powered by S4/HANA

Below functions are available in BAM full version

• Displaying bank accounts in the bank hierarchy view.
• Maintaining bank contact persons in master data.
• Defining payment approval processes using signatories.
• Managing overdraft limits for bank accounts.
• Creating user-defined views using bank account groups.
• Managing cash pools and perform cash concentration.
• Using workflows in the opening, modifying, closing, and reviewing bank accounts

Below two functions need to be activated for BAM.

• FIN-FSCM-BNK – BAM Lite Version.
• FIN_FSCM_CLM – BAM Full Version with Cash Management.

Steps to configure SAP Bank Account Management full version

Activate Business Function

Path: SPRO – Activate Business Function

Transaction Code: SFW5

Select & activate business function: FIN_FSCM_CLM

Define Basic Settings

IMG: FSCM-Cash & Liquidity-General Settings- Define basic settings.

• Scope: Full
• Grouping: Group into single change request
• Bank Acct Activation: Activate Directly / Dual Control / Workflow
• Enable Cash Request Integration: This functionality is integrated with Treasury and Risk Management (TRM). In the Manage Memo Records app, you can create, edit and delete cash requests, which will then be submitted for approval. As a result of your submission, your requests can be released or rejected. The released cash requests will then automatically trigger the creation of trade requests in the TRM systems.

Define Number Range for Change Request

Path: Financial Supply Chain Management – Cash & Liquidity Management – Bank Account Management – Basic Settings

Define Number Range for Bank account Technical ID

Path: FSCM – Cash & Liquidity Management – Bank Account Management – Basic Settings

Purpose: System automatically assign Technical ID to a bank account master data

Assign Number Ranges

Path: FSCM – Cash & Liquidity Management – Bank Account Management – Basic Settings

Define Settings for Bank Account Master Data

Path: FSCM – Cash & Liquidity Management – Bank Account Management – Basic Settings

Transaction Code: S_E91_86000021

Bank Account Types: Operating acct, Payroll acct, zero balance Acct. Used as filter for reporting.

Sensitive fields: Any changes trigger workflow. This needs to be approved for changers to become active. Protect important fields. E.g., Account Number, IBAN, Use in Cash Pool, GL Account etc.

Import Method for Bank Statements: EBS import method for End of day, Intraday statement. These are maintained in Manage Bank Account fiori app.

Signatory Group: G001 – Step 1 for two step approval, G002 – Step two for two step approval, G003 – Approvers for Payment over 1 million usd

Manage BAM Field status Group

IMG: FSCM-Cash & Liquidity-BAM- Manage Field Status Group

We can change BAM fields to edit mode. Select fields to be edit, display or hidden in create, edit, display or closed status.

SAP Bank Account Management Workflow Configuration

Maintain the Event Type Linkage for Triggering Workflow

IMG: FSCM-Cash & Liquidity-BAM- Maintain Event Type linkage.

Select Receiver Type WS78500050 and maintain the below entries.

Define Responsibilities for Roles used.

FSCM-Cash & Liquidity-Bank Account Management-Basic Settings- Define Responsibilities for Roles used.

Assign Bank role to users

Tcode: PFCG

Role:

• SAP_FI_BL_BANK_MASTER_DATA – BAM Lite Version.
• SAP_SFIN_CASH_MANAGER – BAM Full Version with Cash Management.

SAP Bank Account Management – End user Transactions

Create Bank Key

Bank key is a unique, country-dependent identifier. It is an SAP internal ID used to uniquely identify a bank. This ID, together with the country key, links to the other bank data in the system, such as name, bank number, and SWIFT code/BIC. It is maintained in table BNKA.

FIORI Tile: Manage Banks

Create House Bank

SAP defines a House Bank as the bank your company has an account with. House Banks are used for outgoing and incoming payment processes involving vendor and customer payments. They are also used in bank transfers, bank statement processing and other Cash Management processes. A House Bank is different from the bank that we use on customer/vendor master.

FIORI Tile: Manage Bank Accounts

For detailed step by step instructions on SAP Bank Account Management Business Process, Configuration, testing follow along with my video tutorial below

SAP Bank Account Management

SAP Bank Account Tables