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Process documentation Transfer of a Bill of Exchange Between Portfolios Locate the document in its SAP Library structure

Purpose

This process describes how you record the transfer of a bill of exchange from one portfolio to another, a procedure that typically involves one branch of a company sending a bill to another by mail. A two-step procedure is needed because of Turkish laws, which stipulate that portfolios in transit must be accounted for.

Prerequisites

You have already entered the bill of exchange receivable, and the system has created the following document:

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Process Flow

  1. You send the bill to the branch holding the other portfolio and record the transaction in the system (see Removing a Bill from a Portfolio).

    2. The system creates an accounting document as follows:

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    The system also prints out a transaction record, which you file away for future reference.

  2. When the branch notifies you that the bill has arrived, you record the transaction in the system (see Adding a Bill to a Portfolio).

The system creates two accounting documents. The first reverses the original payment document and also the contingent liability:

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The second creates a new payment document in the special G/L account used for the new portfolio, and reverses the bills of exchange in transit posting:

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Again, the system creates a transaction record.

Result

You have transferred the bill of exchange to the new portfolio. The system has reversed the original payment document and created a new one.

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