House Bank is a bank account which company maintains to make payment and receive payment. House Bank plays very important role when it comes to reconciling the bank statements.
In SAP as we all are aware, single account does not suffice for working of House Banks. We need to create three different accounts for House Banks i.e. Main Account, Receipt Account and Payment Account.
Here we will see how we can configure a House Bank
In SAP as we all are aware, single account does not suffice for working of House Banks. We need to create three different accounts for House Banks i.e. Main Account, Receipt Account and Payment Account.
Here we will see how we can configure a House Bank