Internal Bank Operation Codes

Internal bank operation codes are used to determine the type of each transaction resulting from the bank statement.

Each row in the bank statement is identified by an external code defined by the bank. Since the external codes are not recognized by SAP Business One, you must relate each external code to its respective internal code (in Administration Setup Banking Bank Statement Processing External Bank Operation Code ). Based on the internal code, SAP Business One creates the correct transaction for each bank statement row.

To access this window, choose Administration Setup Banking Bank Statement Processing Internal Bank Operation Codes .

Internal Bank Operation Codes Window

Code
Specify a code up to 15 characters long. After you choose Update, this code cannot be changed.

Description
Describe the transaction types represented by this code. Example Checks for payment. End of the example.

Posting Method
Specify the posting method that should be used to create transactions after they have been identified by the internal code: G/L Account from/to Bank Account – indicates: An incoming or outgoing payment from or to the G/L account is created. External reconciliation takes place between the bank statement row and the G/L account. Business Partner from/to Bank Account – indicates: An incoming or outgoing payment from or to the business partner is created. Internal reconciliation takes place on the business partner side (if possible). External reconciliation takes place between the bank statement row and the G/L account. Bank Interim Account from/to Bank Account - creates a journal entry that is internally reconciled on the interim bank account side, and externally reconciled on the bank account side. External Reconciliation – indicates that only external reconciliation is performed on the bank account side, but that no transaction is posted. Ignore – prevents any of the automatic actions described above.

Posting Transaction
Used as one of the criteria to define which transaction should be posted when identified by this internal code. The specified posting transaction defines the available posting methods for the internal code: Bank Transfer - indicates that the internal code refers to a transaction that results from performing bank transfers. In this case, all the posting methods described above are applicable. Outgoing Checks - indicates that the internal code refers to transactions resulting from the creation of outgoing checks. In this case, the applicable posting methods are: Bank Interim Account from/to Bank Account External Reconciliation Ignore Deposit - indicates that the internal code refers to transactions resulting from the creation of deposits. Country-Specific Options: Belgium, Brazil, Chile, China, France, Italy, Japan, Korea, Portugal, and Spain Incoming Bill of Exchange Outgoing Bill of Exchange These options are available only if the company uses bills of exchange as a payment means (defined in Administration System Initialization Company Details Basic Initialization tab). They indicate that the internal code refers to transactions resulting either from receiving or from issuing bills of exchange. In both cases, the applicable posting methods are Bank Interim Account from/to Bank Account and Ignore.

Expected Results
Displays the expected results of bank statement processing, based on the combination of posting method and posting transaction specified for the internal code. If you change one of them, the information displayed here is updated accordingly. This information lets you verify that you defined the internal code correctly and in accordance with your business needs.

Fee Account
Specify the account to which any fee amount charged for a transaction is posted.

Project Fee
Enabled only if Fee Account is specified. By default, the project code linked to the Fee Account in the Chart of Accounts Account Details window is displayed. To allocate the fee amount to a different project, specify the required project code here.

Fee Distr. Rule
Enabled only if Fee Account is specified and the selected G/L account is of the type Expenditure or Sales. By default, the distribution rule linked to the Fee Account in Chart of Accounts is displayed. You can specify a different distribution rule if required.

Operation Details
This button is enabled only for operation codes where the assigned Posting Method is G/L Account from/to Bank Account. Choose this button to open the Operation Details - BP G/L Acc window where you can define if and how to split the transactions posted according to this operation code.