September 21, 2020

The United States, unlike much of the world, still relies heavily on paper checks for payments. In order to facilitate internal control and to. This document explain about step by step configuration and processes for SAP Lock Box functionality. This PDF depicts various steps for Lockbox Process Configuration.

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Write Your Own Review You’re reviewing: To change a tolerance select the company code then press the Details icon. Click on back button.

XXXXX has three lockbox clearing accounts: Transaction OBXL is part of the automatic account assignment.

Lockbox process Configuration

Hence if you are not comfortable with bank file format either you can approach them to modify it depending on your requirement else ABAP can help in writing a preprocessing program and make file fit with SAP standard format. How the program will work? SAP lockbox utilization results in two primary business benefits: Two algorithms that are used are and Please modify the T code as XD03 for customer master data in the document and suggested to avoid typo erors Regards, Lakshmi S.

April 30, at 6: This field should contain the destination code the bank submits to you in your lockbox file. Join us as affiliate Affiliate home Affiliate program details Join us as affiliate Login as affiliate Affiliate terms of service.


For example if file contains is second session name will be Open link in a new tab. March 6, at 6: Nice Document Gagan…thanks for posting. Lockbox Assignment on Customer Master Lockboxes are assigned on customer master records and determine which remit to address is printed on the customer’s invoices Tolerance Settings When an incoming cash payment does not exactly pay donfiguration referenced open item sthe system will create a residual item back on the customer’s account or write-off the difference if tolerance limits are configured.

Lockbox Configuration | SAP Blogs

This program contains lot many user exits whether one can add any additional business logic. Lockboxs are special depository accounts set up at a bank to which customer remit their invoice payments. Every effort is made to ensure the content integrity.

July 22, at Thank you so much. Hi Gagan, Can you please look into this thread and resolve this issue. Thanks a lot, Gagan. On the following pop-up window enter the Company Code in this case for the sake of this guide …. Activating this field is recommended Incoming Customer payments: Looking for std SAP solution here.

Lock Box configuration | SAP Financial

Click the button to display the details…. Our documents are not SAP official education materials. Cr Customer account customer sub ledger. Please provide solution asap. You must be Logged on to comment or reply to a post. It is explained well.


Hi Gagan, very helpful document: Cr Lockbox Clearing Account. Tags Add Your Tags: December 24, at 4: September 23, at 9: November 30, at 7: Invoice will display in open state.

Preparing the Lockbox file for the test purposes To make it easy the customer invoice number is highlighted. SAP gives option of using one of the two standard algorithms for lockbox processing.

OBAX Select highlighted row and click on change item button. Cr Bank Clearing Account — incoming. Field is only applicable for BAI record Num. This field should contain the destination code the bank submits lkckbox you in your lockbox file Origin: Processing statistics in future lockbox remittances will greatly improve with repeated use of this option.

August 7, at 1: Destination, Origin name, Date and time. Sushma 24 Jun 6: Thanks a lot Gagan. Download all the SAPebooks documents are very easy and safe.

These electronic files are typically sa nightly to the company which owns the lockbox. October 30, at 4: December 1, at 5: