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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Lockbox Configuration

Customer Invoice Posting Post one amount customer invoice. July 29, configuragion 8: Press enter or click the button to display the house bank details for the company code.

October 14, at All product names are trademarks of their respective companies. Hi Gagan, Very explained document on lockbox. Maintain Bank details in customer master data which bank will send in lockbox file.

January 9, at 6: Nice Document Gagan…thanks for posting.

Lock Box Configuration Path: Thank you so much and it is very informative. This field should contain the your lockbox number bank account number at the bank. The remit-to lockbox assignment configurahion also be specified.

Same can be downloaded and uploaded with just modification of document number else copy from below location. Information used on this configurafion is at your own risk. Could you support me in these case scenarios: XD03 Maintain Bank details in customer master data which bank will send in lockbox file.


lockbox configuration in sap

These electronic files are typically transferred nightly to the company which owns the lockbox. Each bank has its own standard BAI and BAI2, hence configuration and testing needs to be done depending on bank file configuration.

You must be Logged on to comment or reply to a post. SAP lockbox utilization results in two primary business benefits: Transaction OBXL is part of the automatic account assignment.

December 1, at 5: It is explained well. Every effort is made to ensure the content integrity.

Lockbox process Configuration

Thank you so much. October 30, at 4: Thanks Veenu for highlighting that …Rectified the entries now. In order for the lockbox program to identify a customer the payment MICR must be populated on the customer master record in the General Data: Kind Regards, Prakash Kumar. Otherwise maintain them as show below. OBA3 This transaction is used to configure customer tolerances. If a customer is identified by the document number but the bank details do not correspond to the MICR number, they can be added via the optional batch input session.


EBS when processed produces below accounting entry. Amount, Percent, Cash Discnt Adj. October 30, at Open link in a new tab. October 17, at 4: Processing statistics in future lockbox remittances will greatly improve with repeated use of this option.

But they are not, you can maintain the following.

T code FB70 Open the invoice Transaction code: All new reason codes must be configured in each company code. On the following pop-up window enter the Company Code in this case for the sake of this guide …. Lockbox file processing SAP gives option of using one of the two standard algorithms for lockbox processing. Lockbox process The predominant way payments are made in US is by checks.

XXXXX has three lockbox clearing accounts: On the following screen select the Destination and Origin to display lockboc. Click the button to display the details. Instead displaying in the following steps, you will maintain ,ockbox data for the house bank you want to define.