Processing Failed Bills of Exchange (SAP Library - Special G/L Transactions: Bills of Exchange)

Processing Failed Bills of Exchange

In some countries, banks send data medium containing information on failed bills of exchange. The FI System supports transferring and processing this data.

To process failed bills of exchange, choose Periodic processing ® Failed bill of exch. from the Accounts Receivable menu.

In this screen you can:

Transfer DME data

You can import DME files transmitted by banks into the SAP System. For more information on this function see Application help.

Enter data and/or maintain transfer data

Entering data

You enter specifications on failed bills of exchange and check whether they are complete and correct.

Maintaining transfer data

You can edit and, if necessary, enhance data transferred from DME files. For example, you can correct data that has status 3 (specifications are not correct) after the update, and set it to status 1, (to be updated). For more information on this function see Application help.

Post entered data

Previously entered data with status 1 (to be updated) and preceding invoices are checked. If the specifications are correct up till now, the system posts the new receivable and, if necessary, the charge and bank debit. Otherwise, the system displays the reason for the error in the log. For more information on this function, see Application help.

Maintain differing bank accounts

If the presentation account differs from the account for the debit memo, you must also enter this differing account when you enter or maintain data, or you must store a general allocation. If neither are carried out, the system posts the debit to the same account as the one for the credit memo. For more information on this function see Application help.