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Author's profile photo Diana Doguet

BFA Basic Bank Account Management – Same bank account shared cross company codes

There are business scenarios that require that the same bank account to be shared by multiple company codes.

How is this managed in S4HC?

It is important to understand that only one company code can be the legal owner of the account.

This means that in Manage Bank Accounts App, the bank account will be first created for the legal owner (company code 1010) from the example below:

The extension for the other company codes is done in the same app Manage Bank Accounts – House Bank Account Connectivity attributes.

After extending the bank account, it will become available to be configured and used for automatic payments in company code 1020.

And also, it will become available in apps like Post incoming Payments and Post Outgoing Payments.

The disadvantage is that we will not be able to see this bank account if you search in Manage Bank Accounts App using 1020 company code. This bank account will be always displayed in this app linked with its legal owner (the main company code), in our case 1010.

If you don`t follow this procedure and we want to create this bank account directly for 1020, we will get the following message: Account number already exists.

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      8 Comments
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      Author's profile photo Sandeep Kumar
      Sandeep Kumar

      useful info, thanks for sharing!

      Author's profile photo Owen Liu
      Owen Liu

      Thanks for sharing this.

      Author's profile photo William Cao
      William Cao

      Dear Diana, Dear community members,

      Thanks for the sharing! What are the cases that a bank account is really needed to be used by more than one company code?

      Thanks,

      William

      Author's profile photo Diana Doguet
      Diana Doguet
      Blog Post Author

      Dear William,

      We worked together a few years ago (for Nestle, same topic - duplicate accounts). In my current project this is needed because we had to create two company codes for the same fiscal entity (this is the workaround proposed by Sap at this moment when we have VAT registration numbers in different countries (the old Plants abroad functionality is not available in S4HC. SAP is working to create a new solution for this scenario).

      I am happy to see that you are interested in what S4HC community is sharing.

      Kind Regards,

      Diana

      Author's profile photo Ryan Muller
      Ryan Muller

      Useful info, we ran into this scenario with a very lightly used company code that we wanted to use our main operation checking account for (which was in a separate co code).

      Author's profile photo Nadja Medeiros
      Nadja Medeiros

      Good one Diana! 😉

      Author's profile photo Edrilan Berisha
      Edrilan Berisha

      Good Blog!

      Author's profile photo Shakeel Ahmed
      Shakeel Ahmed

      This is really good information. Thanks for sharing.