![]() Learning Objectives Reading this article, you will know how to: • Leverage the benefits of the SAP Bank Communication Management module • Understand the end-to-end process using the SAP Bank Communication Management module • Configure the SAP Bank Communication Management module • Use the SAP Bank Communication Management batching functionality to separate payments based on different parameters • Understand the payment life cycle • Understand how status reports (payment acknowledgements) are used in SAP Bank Communication Management. Key Concept SAP Bank Communication Management is a relatively new module of SAP’s Financial Supply Chain Management component. SAP Bank Communication Management can be used to efficiently manage inbound (current day reports, prior day reports, payment file, and transaction-level acknowledgments) and outbound (AP, HR, and Treasury payments) communications with banking partners. In addition, SAP Bank Communication Management provides additional capabilities such as payment batching, approval capabilities using SAP standard workflow, digital signature, and payment status tracking. Prior to the release of the SAP Bank Communication Management module, SAP did not provide users with the ability to merge payments from various payment runs using pre-configured rules and route them for approval to appropriate users. SAP system users also could not process and track file and transaction-level acknowledgments that were provided by the banks. With the addition of SAP Bank Communication Management, SAP provides these additional capabilities along with payment and bank statement status monitoring tools. Before SAP Bank Communication Management, there were gaps in the visibility in the payment and reporting processes in the SAP system. For example: • It was not possible using standard functionality to combine the output of multiple payment runs into one payment file that was then sent to the bank. ![]() Activate Bank Chain. In this activity you activate the bank chain function. In doing so, you specify that a bank chain is to be determined for a payment. SENDER BANK ORIENTED / rec search selected. RECEIVER BANK ORIENTED / both selected. RECEIVER ORIENTED / rec search next go back to 'Activate Bank Chain' and set it to 0003, then save now bank chains are activated and you can use FIBPU/FIBPS. You are a naughty girl. Now go to my room. • It was also not possible to report on payments across payment runs. • The standard functionality also depended on receipt of bank statements to track the status of payments that had been sent to the bank. • It was not possible to import status messages into the SAP system. • It was not possible to see from a high-level the status of the bank statements received. SAP Bank Communication Management fills these gaps. Let’s consider the payment life cycle when SAP Bank Communication Management is used starting from the payment runs. Mary Loughran Mary Loughran has been specializing in the SAP Financials area since 1997 and has worked with numerous clients throughout North America and Europe in the areas of finance and treasury. She was employed as a consultant with SAP America and was a designated expert within SAP America for treasury before she left SAP in 2004. Mary’s expertise is in the areas of SAP Treasury and Risk Management, SAP In-House Cash, Liquidity Planner, Accounts Payable, payments from SAP in general, Cash Management, and Electronic Banking. Mary was an independent consultant from 2004 to 2016. Hello SAP Gurus, I am trying to see how to create an Payment medium can be used= and in what payment program? How can I create this variant? = All I am tryin to test is that the bank chain configuration is= working and that I can get the complete record per payment when= I run the Automatic Payment program (F110)=2E I want to be able= to send an =2Exls or =2Ecsv file to the bank with the amount to= paid, beneficiary name, intermediary bank, ultimate bank and= account, etc=2E We are currently able to do this for ACH format= payment through program RFFOUS with a variant=2E How can I do= this? Any help or advise would be really appreciated=2E thanks, Haguilar. If you execute the print process using RFFOEDI1 and have configured bank partner profiles for IDoc type PEXR2002, an IDoc will be generated for the payments which can be used for mapping and transmission to the bank. Other RFFO* print programs create files, but that are not IDoc format. Chris Peele=20 Phone:713.309.7306=20 Cell: 281.235.2594=20 e-mail: [email protected]=20 Location: OHC 6-203=20 -----Original Message----- From: haguilar via sap-r3-acct [mailto:[email protected]] Sent: Tuesday, May 10, 2005 4:14 PM To: [email protected]; Peele, Chris Subject: [sap-r3-acct] RE: Bank chains # Iowa State University Launches First Government Funded Cyber. # Read PR: # View Group Archive: Hello Chris, By Idoc you mean the EDF file created by SAP at print out. Thanks, Hugo. The standard F110 payment program is used to create the proposal and payment for bank chain payments. The actual output that includes the bank chain information is generated during the print step. We use Bank Chains for our correspondent bank payments globally. =20 We use RFFOEDI1 for all EFT payments and during the IDoc generation, the PEXR2002 record is extended with additional segments that represent the correspondent and recipient bank information for the payment chain. There isn't any special variant needs for this to occur. I'm not sure how it works with other RFFO* programs or the new PMW functionality.=20 We use the EDI 820 format so provisions are made during the mapping process to recognize the additional IDoc segments and include them in the mapping and bank transmission as appropriate. =20 Chris Peele=20 Phone:713.309.7306=20 Cell: 281.235.2594=20 e-mail: [email protected]=20 Location: OHC 6-203=20 -----Original Message----- From: haguilar via sap-r3-acct [mailto:[email protected]] Sent: Tuesday, May 10, 2005 2:28 PM To: [email protected]; Peele, Chris Subject: [sap-r3-acct] Bank chains Hello SAP gurus, I need some tips on how to implement the bank chains in R3 for payment to banks thru intermediary banks. Where in the vendor do I create the link between the vendor's bank and the bank chain? In the automatic payment run, is there a standard program variant that will output the intermediary banks in a DME files. Any and all help appreciated. *Archives: *Manage Subscriptions: *Leave Group: mailto:[email protected] *Need Subscription Help? Mailto:[email protected] *Terms of Use: *Copyright (c) ITtoolbox and message author. No redistribution.
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