SAP ACH Configuration

© 2014 sapficoconsultant.com. All rights reserved. No part of this material should be reproduced or transmitted in any form, or by any means, electronic or mechanical including photocopying, recording or by any information storage retrieval system without permission in writing from www.sapficoconsultant.com

“SAP” is a trademark of SAP AG, Neurottstrasse 16, 69190 Walldorf, Germany. SAP AG is not the publisher of this material and is not responsible for it under any aspect. Warning and Disclaimer While every precaution has been taken in the preparation of this material, www.sapficoconsultant.com assumes no responsibility for errors or omissions. Neither is any liability assumed for damages resulting from the use of the information or instructions contained herein. It is further stated that the publisher is not responsible for any damage or loss to your data or your equipment that results directly or indirectly from your use of this product.

www.sapficoconsultant.com

Page 2

SAP ACH Payment configuration

© 2014 sapficoconsultant.com. All rights reserved. No part of this material should be reproduced or transmitted in any form, or by any means, electronic or mechanical including photocopying, recording or by any information storage retrieval system without permission in writing from www.sapficoconsultant.com

“SAP” is a trademark of SAP AG, Neurottstrasse 16, 69190 Walldorf, Germany. SAP AG is not the publisher of this material and is not responsible for it under any aspect. Warning and Disclaimer While every precaution has been taken in the preparation of this material, www.sapficoconsultant.com assumes no responsibility for errors or omissions. Neither is any liability assumed for damages resulting from the use of the information or instructions contained herein. It is further stated that the publisher is not responsible for any damage or loss to your data or your equipment that results directly or indirectly from your use of this product.


Page 2


Table of Contents Introduction .................................................................................................................................................. 4 1. Update company number in House Bank ................................................................................................. 5 2. Update company number in the company code details................. .......................... .................. ................... ................... .................. .................. ........... 11 4. Set up Paying Company codes c odes for Payment Transactions .......... ................... .................. .................. .................. .................. .................. ............... ...... 17 5. Set up Payment Methods per country for Payment Transactions .................. ........................... .................. .................. .................. ............ ... 18 6. Set up Payment Methods per Company code for Payment Transactions .................. ........................... .................. .................. ........... 21 7. Set up Bank determination for Payment Transactions ............ ..................... .................. .................. .................. .................. .................. .................. ......... 24 8. Adjust Note to Payee .............................................................................................................................. 27 9. Create/Assign Selection Variants .................. ........................... .................. .................. .................. .................. .................. .................. .................. .................. .................. .........30 10. ACH Output ........................................................................................................................................... 49


Page 3


Introduction

ACH format creates creates payment payment media for domestic domestic payments payments in the USA. USA. Incoming and outgoing payments in US are supported. ACH format is in in accordance accordance with version 004000 and conforms to the specification specifications s of the National Automated Clearing House Association (NACHA). So let us configure the ACH Payment format using the payment medium workbench


Page 4


1. Update company number in House Bank

SAP Customizing Implementation Guide  Financial Accounting (New) Accounting  Bank Accounts  Define House Banks



Bank

Click on


Page 5


Update the following:-

Click

Scroll down


Page 6


Click on


Page 7



Page 8


Update company number

Double click

Click on


Page 9



Click on


Page 10


2. Update company number in the company code details SAP Customizing Implementation Guide  Financial Accounting (New)  Financial Accounting Global Settings (New)  Global Parameters for Company Code  Enter Global Parameters

Double click on 9102


Page 11


Click Environment

 Additional


Data

Page 12


Page down by clicking


Page 13



Page 14


Update the Company number as shown below

Note: The 10 digit company number does not fit in the above field hence we will have to update the company number in Step number 9 (Create/Assign the variants).

Click

Click on The remaining steps are for the Payment program set up


Page 15


3. Set up all company codes for Payment Transactions

SAP Customizing Implementation Guide  Financial Accounting (New)  Accounts Receivable and Accounts Payable  Business Transactions  Outgoing Payments  Automatic Outgoing Payments  Payment Method/Bank Selection for Payment Program  Set Up All Company Codes for Payment Transactions

Click on Update the following:-


Page 16


Click on

4. Set up Paying Company codes for Payment Transactions

SAP Customizing Implementation Guide  Financial Accounting (New)  Accounts Receivable and Accounts Payable  Business Transactions  Outgoing Payments  Automatic Outgoing Payments  Payment Method/Bank Selection for Payment Program  Set Up Paying Company Codes for Payment Transactions

Click on


Page 17



5. Set up Payment Methods per country for Payment Transactions

SAP Customizing Implementation Guide  Financial Accounting (New)  Accounts Receivable and Accounts Payable  Business Transactions  Outgoing Payments  Automatic Outgoing Payments  Payment Method/Bank Selection for Payment Program  Set Up Payment Methods per Country for Payment Transactions


Page 18


Double click


Page 19


Scroll down

Double click


Page 20


This is a very important step – SAP ACH CTX must exist as shown above.

6. Set up Payment Methods per Company code for Payment Transactions

SAP Customizing Implementation Guide  Financial Accounting (New)  Accounts Receivable and Accounts Payable  Business Transactions  Outgoing Payments  Automatic Outgoing Payments  Payment Method/Bank Selection for Payment Program  Set Up Payment Methods per Company Code for Payment Transactions

Click on


Page 21



Scroll down

Click on


Page 22


Click on


Page 23


7. Set up Bank determination for Payment Transactions

SAP Customizing Implementation Guide  Financial Accounting (New)  Accounts Receivable and Accounts Payable  Business Transactions  Outgoing Payments  Automatic Outgoing Payments  Payment Method/Bank Selection for Payment Program  Set Up Bank Determination for Payment Transactions

Select

Double click


Page 24


Click on


Double click



Page 25


Click on

Double click

Click on


Page 26



Click on

The remaining steps are for the payment medium workbench configuration.

8. Adjust Note to Payee SAP Customizing Implementation Guide  Financial Accounting  Accounts Receivable and Accounts Payable Business Transactions Outgoing Payments  Automatic Outgoing Payments  Payment Media  Make Settings for Payment Medium Formats from Payment Medium Workbench  Adjust Note to Payee Here you can use Customizing and/or function modules to change a note to payee. The note to payee that you configure in Customizing is made up of four line types. The most important of these is type 1. This consists of the usual note to payee lines www.sapficoconsultant.com

Page 27


(with invoice number, date, and amount, for example), as well as sub-types 5 and 6. Type 6 controls whether control levels are to be created with the selected header in the various company codes that are settled with this payment. Type 5 specifies whether a text for the alternative payee - if one exists - is to be created as a header for the whole note to payee. Note to payee line types 2 and 3 specify the internal (payment document number, for example) and external (account number in the business partner's accounts, for example) references respectively. Under type 4, you specify what sort of note to payee is to be created if the space defined by the format is not sufficient and a payment advice note is created. The payment advice note thus replaces the specifications under type 1. We use sap standard Note to payee .


Page 28



Page 29


9. Create/Assign Selection Variants SAP Customizing Implementation Guide  Financial Accounting  Accounts Receivable and Accounts Payable Business Transactions Outgoing Payments Automatic Outgoing Payments  Payment Media  Make Settings for Payment Medium Formats from Payment Medium Workbench  Create/Assign Selection Variants


Page 30




Double click


Page 31


Update Z1 in co. code 9102 and press enter

Click on Yes

Select www.sapficoconsultant.com

Page 32


Click


Page 33



Page 34


Press enter


Page 35


Click on


Page 36


ACH Bat ch hd r. Comp any desc ri pt io n: - Th is will help up date th e t ype o f payment – Vendo r p aym ent

Company identification: Must be entered here since the company code configuration global parameters for Tax number (TIN)- PAVAL - T001Z is only a 9 digit field, which we saw earlier (screen shot shown below)


Page 37



Page 38


We therefore update the company number in the company identification shown below


Page 39


Default location or folder can be specified here for storing the file on your computer or a shared folder on the presentation system.


Page 40



Page 41


Click


Page 42


Click


Page 43



Page 44



Page 45


The above path is incase a default is required.

We remove the defaults since we do not want any default path


Page 46


Click on


Page 47


The ACH configuration is done


Page 48


SAP ACH Configuration

Recommend Documents