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 Creating an Account Hierarchy for Cash Concentration

Use

You create the account hierarchy that you need for the cash concentration. Cash concentration is the generation of payment orders to credit or debit accounts in an account hierarchy that a user has created.

Procedure

  1. Choose Account -> Account Hierarchy -> Create .

  2. Specify the bank area and account number of the root account for the account hierarchy.

    You cannot use accounts that have the Term Agreement Control feature as a root account.

  3. Choose Cash Concentration as the hierarchy type and specify the time period in which the hierarchy is to be valid.

    To specify an external root account, choose the Root Account Int/Ext button, then enter the bank country and the bank key.

  4. Specify the type of carryforward.

  5. The system displays the hierarchy tree, which initially comprises only the root account. Assign (subordinate) accounts to the hierarchy tree by choosing Hierarchy -> Account -> Create, or the Create symbol.

  6. The system displays an overview where you can specify the accounts on the next hierarchy level. Specify the bank area and account number of the subordinate account for each line.

    You cannot use accounts that have the Term Agreement Control and/or Amount Notice feature as the subordinate account.

Subordinate accounts for cash concentration:

In addition to the bank area and account number, specify the required minimum and maximum balance and the minimum transfer amount or base amount, and choose Copy (Enter) . The system checks that your entry exists and if it is unique.

For carryforward types that are divided into debit and credit:

  • Minimum balance: The minimum balance that an account must have after cash concentration and to which it is filled if this amount is not reached.

  • Maximum balance: Any amounts above this are cleared to higher-level accounts. If you do not specify a value here, the account is fully cleared, providing there is no specified minimum.

  • The text for the payment notes is transferred during the carryforward to the higher-level account.

  • Minimum transfer amount: The amount from which an account amount is carried forward.

If you only specify a minimum balance, the system sets the maximum balance to the same level as the minimum balance. If you do not enter a value for the minimum balance, the system sets this to zero (if you do not want to specify a minimum value for an account, you can set the minimum value to a high negative amount).

  1. Once you have entered all the accounts of this hierarchy level, choose Transfer/Copy . To assign other accounts to an account, place your cursor on the relevant account and repeat steps 4 and 5.

  2. Save the hierarchy structure.

Result

The account hierarchy of the hierarchy type cash concentration has been successfully created.