Skip to Content
Product Information
Author's profile photo MANJIL ROY

Bank Related Changes from SAP S/4 HANA 2020 Onwards (With FIORI):

In this article I am trying to demonstrate the bank related changes and the impact SAP S/4 HANA 2020.

The S/4HANA new release came up with simplified solution to minimizing the bank GL accounts and introducing additional configurations for the payments.

 

Until SAP S/4 HANA 1909 Vs SAP S/4 HANA 2020:

SAP S/4 HANA 1909:

We used to create a new set of G/L accounts for newly created house bank accounts and used to have a different main bank account for each bank account and similarly different set of Bank Clearing Accounts.

SAP S/4 HANA 2020:

In SAP S/4 HANA 2020, there are 2 ways of creating the required sets of G/L Accounts. You can follow either the new method or the old one.

New Method- One Set of G/L Accounts for multiple house bank accounts:

As per the new method, we can create a bank reconciliation account (Main Bank Account) that can be assigned to multiple house bank accounts.

Mentioning the Bank G/L related changes below:

  • SAP has introduced a new “GL Account Type” called C- Cash Account, so now, from S/4 HANA 2020 onwards, our GL account type will be 5 instead of 4 (C- Cash Account, N- Non-Operating expenses and Income, P- Primary cost and revenue, S- Secondary Cost, X- Balance Sheet Account)
  • Pic%201A new field was introduced from S/4 HANA 2020 in GL Master Data, the field name is GLCCOUNT_SUBTYPE (GL Account Sub Type).G/L Account Sub Account type:
    1. B- Bank Reconciliation Account
    2. P- Petty Cash
    3. S- Bank Sub Account

    Pic%202

House Bank Setup in S/4 HANA 2020 by using new method:

  • Step 1: House Bank Creation Through the T.Code: FI12_HBANK:

Pic%203

  • Step 2: Main Bank GL Account/ Bank Reconciliation Account Creation Through FS00:

Pic%204

  • Step 3: Bank Account Creation Through /N/UI2/FLP – Manage Bank Account

Use “Manage Bank Accounts” tile to create the Bank Account in SAP S/4 HANA 2020

Pic%205

Other screens wise Screenshots:

Header Data:

Pic%206

General Data:

Pic%207

House Bank Account Connectivity:

Click on Create

Pic%208

House Bank Account Data:

Pic%209

Now Click on Apply and Save as Inactive

Pic%2010

Now Click on Activate:

Pic%2011

Impact on Automatic Payment Program:

Initial Error message which you will get after bank implementation during the payment.

Pic%2012

Solution and changes in S/4 HANA 2020:

Changes in Bank Determination- (FBZP):

Pic%2013

Note:

  • When you try to configure the Bank Determination – Bank Accounts configuration, the Bank Subaccount field is blank and disabled or greyed out after you hit enter / save
  • Unable to save the Bank Subaccount in FBZP –> Bank Determination –> Bank Accounts

Please follow the SAP note – 3067799 – Unable to enter the Bank Subaccount in the Bank Determination – Bank Accounts configuration for better understanding.

Create Accounting Symbols:

Pic%2014

Note: SIP Relevant/ Self-Initiated Payment Relevant Check box need to be activated.

GL Assignment to Account Symbol:

Pic%2015

Payment Method assigned to Account Symbol:

Account Receivable and Payable – Business Transaction – Outgoing Payment- Automatic Payment Program – Payment Method/Bank Selection for payment program – Assign Account Symbol to Payment method.

Pic%2016

Test Result after implementing the above points:

FIORI Library Links for some Bank Related Tiles:

Call to action:

  • Please ensure whether the Tiles “Manage Bank Account” is activated in your FIORI or not.
  • Ensure all the above Bank related configuration to avoid the “G/L Account does not exist” error at the time of APP run.
  • Please check OSS – 3067799.

Related Blog or Previous Blog:

Concept of Bank Account Management in S/4 HANA and Normal House Bank, Bank Account Creation through NWBC Up to S/4 HANA1909 (Without FIORI)

https://blogs.sap.com/2021/09/16/concept-of-bank-account-management-in-s-4-hana-and-normal-house-bank-bank-account-creation-through-nwbc-up-to-1909-without-fiori/

Find More Information Below:

 

Next Blog: Data Migration related changes from SAP S/4 HANA 2020 Onwards:

 

 

 

 

 

Assigned Tags

      Be the first to leave a comment
      You must be Logged on to comment or reply to a post.