New Solution for Defining PIX Keys for a House Bank Account

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Finance and Contract Accounting together provide solutions on the implementation of enabling users to define PIX Keys with more PIX Key type options. The introduction of the new solution of defining more than one PIX keys for a house bank account will bring advantages as below: 

1. Allowance of more types of PIX Key:
   Before the new solution of PIX keys was announced,  relevant house bank accounts were stored in the Alternative Bank Account Number field with a limitation of 24 characters.  Now the new PIX Key allows email with more characters, random key, which enables more flexibility and longer characters.


2. Assigning multiple PIX Keys to one bank account:
   Before the new solution of PIX keys was announced, only one PIX key can be appointed to the house bank. Now the new PIX Key breaks this restriction and allows multiple PIX Keys binding with one account. 


3. Guarantee of PIX Keys’ validity:
   A PIX Key can remain valid even when it is transferred from one bank account to another, or its validity dates change.
   


4. Ensure the consistency of PIX Key type/ Alias Type and input data:
   Each PIX Key type or Alias Type needs to go through syntax and logical check to ensure the input is consistent with the selected type. This revision helps to reduce the invalid or incompatible data input.

Please note that this solution is relevant and delivered in SAP S/4HANA and SAP ERP as part of the PIX incoming payment for Brazil.

When you send payment information to the bank, in this step you define which PIX key is used to generate the QR code and where the payment shall be sent. When you receive the bank statement the PIX key identifies the house bank that the system uses for processing the bank statement. 

To learn more about the PIX incoming payment, you can refer to the blog - PIX Payment in Brazil – Incoming payment.

Implementation of new PIX Keys 

In this activity, you can define PIX keys with a validity period that you want the system to use during payment file processing. You can assign more than one PIX key to the same house bank and account ID, but only one PIX as the leading key. The system uses the leading PIX key during the payment file creation (in format BR_FEBRABAN_750).

The Alternative Bank Account Number field is replaced by the new solution of PIX Key defining (and assigning to the house bank account). You assign PIX keys in different ways depending on the release where you are. . By installing SAP Note 3143550, you can utilize this solution. 

• If you use SAP S/4HANA 2021 or higher version, open the new maintenance view of Define PIX Keys for Bank Account (technical name V_IDFI_PIX_ALIAS) in transaction SM30
  
  
  
  1. Enter a company code, a house bank, and an account ID. Assign a PIX ID to these three data.
  
  
  2. Enter your PIX Key and specify the validity period in which the system uses the PIX key during the payment file processing.
  
  
  3. Set up a Leading Key if there are multiple PIX Keys in the same validity period.
  
  
  4. Select the relevant alias type. When you select the alias type, the system automatically enters the payment system assigned to the alias type.
  
  
  
  

• If you use a lower version of SAP S/4HANA (such as 2020, 1909, 1809, or 1709) or SAP ERP, open the new maintenance view Define PIX Keys for Bank Account (technical name V_IDFI_PIX_KEY) in transaction SM30.
  
  
  
  1. Enter a company code, a house bank, and an account ID. Assign a PIX ID to these three data. 
  
  
  2. Enter your PIX Key. 
  
  
  3. Select the PIX Key Type based on the contract with your House Bank. When you select the entry, the system automatically enters the relevant country/region code in the PIX C/R field.
  
  
  4. Specify the validity period in which the system uses the PIX key during the payment file processing and set up a leading key.
  
  
  
  

Prerequisites 

You have completed the following activities before the implementation New PIX Key solution.

• If you use SAP S/4HANA 2021 or later release: 
  
  
  
  1. You have defined alias types for payment transfers in the Define Alias Types for Bank Accounts activity. (SPRO > Cross-Application Components > Bankkontenaliasse (bank account aliases) > Define Alias Types for Bank Accounts) 
  
  
  2. You have defined payment systems and assigned alias types in the Define Payment Systems activity. (SPRO > Cross-Application Components > Bankkontenaliasse (bank account aliases) > Define Payment Systems)
  
  
  3. You have defined house bank accounts in the Define House Banks activity. (SPRO > Financial Accounting > Bank Accounting > Bank Accounts > Define House Banks) 
  
  
  
  


• If you use a lower version of SAP S/4HANA (such as 2020, 1909, 1809, or 1709) or SAP ERP:
  
  
  
  1. You have defined house bank accounts in the Define House Banks activity. (SPRO > Financial Accounting > Bank Accounting > Bank Accounts > Define House Banks)
  
  
  2. You have executed the Create Bank for PIX (IDFI_PIX_CREATE_BANK) report in transaction SE38 to create the internal banks with type 5 (Payment System).
  
  
  
  

SAP Notes

Finance solution:

• 3136873 - Brazilian Pix Payments in Finance: House Bank Account with PIX key


• 3146431 - Pix: House Bank Account + PIX (aDDIC and UDO)


• 3125813 - Brazilian Pix Payments in Finance: PIX key updates

Contract Accounting solution:

• 3143550 - Brazil: PIX Payments - Contract Accounting (FI-CA) #(Format CNAB750 - Pix key House bank) 

The updated documentation will be available on the SAP Help Portal as soon as the Support Packages listed in the SAP Notes are available. 

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