Transaction Records 

Use

In Turkey, you are required to keep written records of a number of types of transactions involving bills of exchange. The system offers functions for all these purposes.

Prerequisites

Before you can use these functions, you must maintain a SAPscript form and the number ranges for the transaction records, in Customizing for Financial Accounting (FI), under Bank Accounting ® Business Transactions ® Bill of Exchange Transactions ® Bill of Exchange Receivable ® Post Bill of Exchange Receivable ® Bill of Exchange Portfolios ® Transaction Records.

Features

The system creates transaction records automatically wherever required by Turkish law (as data records and printouts). It also allows you to print copies of any given record.

Automatic Creation of Transaction Records

The system automatically creates transaction records when:

·        A customer makes a payment by bill of exchange (see Posting a Bill of Exchange Receivable)

·        You present a bill to a bank or vendor (see Presenting a Bill of Exchange to a Bank and Presenting a Bill of Exchange to a Vendor)

·        A bill bounces after you have presented it to a bank or vendor (see Recording a Bounced Bill Presented to a Bank and Recording a Bounced Bill Presented to a Vendor)

·        A bank or vendor clears a bounced bill (see Clearing a Bounced Bill)

·        You transfer a bill from one portfolio to another (see Removing a Bill from a Portfolio and Adding a Bill to a Portfolio)

·        You reverse a bill of exchange transaction to Customer Invoice

Whenever you record one of these transactions, the system automatically saves the transaction record in the database and prints out a copy of it.

Printout of Transaction Records

Using the transaction records in the database, you can use the Printout of Transaction Records report to print copies of any given transaction record at any time after you have carried out the transaction.