Bank Account Management

With this feature you can use the following new or enhanced functions:

Payment signatories
- In the bank account master data, you can now define a validity period for each signatory entry.
With the enhanced Customizing activity Define Settings for Bank Account Master Data, you can define different approval processes for different bank accounts by configuring the signatory groups, payment approval patterns, and pattern priorities.
Signatory changes in multiple bank accounts
- You can now add a signatory to multiple bank accounts with only one action.
- You can now revoke a signatory for multiple bank accounts with only one action.
- When replacing an existing signatory with a new one, you can define a validity period for the new signatory and modify the validity period of the existing signatory according to the handover plan.
Bank account currency
Each bank account now supports only one currency.
Bank contact person maintenance
You can create new contacts right in the bank account master data.
Bank address maintenance
You can update bank address information of a bank in the bank account master data and save to the corresponding business partner of the bank.

Technical Name of Product Feature	FIN_FSCM_CASHMGT_PF01
Product Feature Is	Changed
Country Dependency	Valid for all countries
Software Component Version	SAP_FIN 700
Application Component	FIN-FSCM-CLM (Cash and Liquidity Management)
Available as of	SAP Cash Management 1.0 SPS02 powered by SAP HANA
Required Business Functions	Business Function: SAP Cash Management powered by SAP HANA

As a result of the enhancement, in the bank account master data, you need to update your master data for the following:

On the General Data tab:
- Maintain the newly added attributes for Bank Statement Data and Payment Data.
- Split the bank account record into multiple records if you have maintained more than one currency for the bank account.
On the Payment Signatories tab:
- Maintain theSignatory Group field.
- Maintain the validity period for each signatory entry by specifying the Valid From and Valid To field.

Enhanced Customizing activity
The Customizing activity Define Settings for Bank Account Master Data under Financial Supply Chain Management Cash and Liquidity Management Bank Account Management Basic Settings has been enhanced for configuring the signatory groups, payment approval patterns, and pattern priorities.
New Business Add-In (BAdI)
BAdI: Payment Approval Pattern Determination under Financial Supply Chain Management Cash and Liquidity Management Bank Account Management Business Add-Ins (BAdIs) can be used to replace the payment approval patterns defined in Customizing activity Define Settings for Bank Account Master Data with your own logic and definition.