Bills Of Exchange

[Former Member]

I want to know about bills of exchange in sap for creation with transaction code. I like to know the process of bills of exchange with deatiled. can you please help and if any material is there please send me.

[Former Member]

thank u

muralidhar

[Former Member]

Hi,

http://help.sap.com/saphelp_47x200/helpdata/en/01/a9c9d0455711d182b40000e829fbfe/frameset.htm

This can help you.

Rgds.

[Former Member]

Hi

Please find folloing procedure for bills of exchange

BILLS OF EXCHANGE

Bills of Exchange are Two Types

1. Bills Receivable

2. Bills Payable

Bills are Created Under Negotiable Instrument Act. And it can be endorsed to any body and can be discounted with Bank.

The Customer according to the Negotiable Instrument Act should sign sales Invoice Generated. Then it is called as Payable/Receivable.

Bills of Exchange called contingent Liability and it is to be shown in noted forming parts of Balance Sheet.

Creation of G.L Accounts

1. Sundry Debtors Bills of Exchange Account (Same as Sundry Debtor Account)

2. H.D.F.C Bank Bill Discount Account (Liabilities)

3. Bank Bill Discount Expenses Account (Other Expenses)

Sundry Debtors Bills of Exchange Account

Give G.L Account No. 200207

Give Company Code 6789

Select With Template

Give Sundry Debtor G.L Account No. 200206

Give Company Code 6789

Change Text Sundry Debtor Bills of Exchange Account Save

H.D.F.C Bank Bill Discount Account

Give G.L Account No. 100407

Give Company Code 6789

Give G.L Account Group Current Liabilities

Select Control Data Tab

Give Country Currency INR

Select Only Balances in Local Currencies

Select Open Item Management

Select Line Item Display

Give Sort Key 031 (Customer Number)

Select Create Bank Interest Data Tab

Give Field Status Group G005

Select Post Automatically Check Box

Select Relevant Cash Flow Save

Bank Bill Discount Expenses Account

Give G.L Account No. 400003

Give Company Code 6789

Give G.L Account Group Other Expenses

Select Control Data Tab

Give Country Currency INR

Select Only Balances in Local Currencies

Select Line Item Display

Give Sort Key 031 (Customer Number)

Select Create Bank Interest Data Tab Give Field Status Group G001 Save

Link Between Reconciliation Account & Special G.L Account Tr Code OBYN

Path: - Spro

Img

Financial Accounting

Bank Accounting

Business Transactions

Bills of Exchange Transactions

Bills of Exchange Receivable

Post Bills of Exchange Receivable

Define Alternative Reconciliation Account For Bills of Exchange Receivable

Double Click on Special G.L Indicator “W”

Give Chart of Accounts 6789 Enter

Give Reconciliation Account Sundry Debtor 200206

Give Special G.L Account Sundry Debtor Bills of Exchange Account 200207 Save

Define Account for Bills of Exchange Transactions Tr Code OBYH

Path: - Spro

Img

Financial Accounting

Bank Accounting

Business Transactions

Bills of Exchange Transactions

Bills of Exchange Receivable

Post Bills of Exchange Receivable

Define Accounts For Bills of Exchange Transactions

Double Click on Bank Discount Charges

Give Chart of Accounts 6789

Give Bank Bill Discount Charges Account 400003

Link Between Bank Account Reconciliation Account & H.D.F.CBank Bill Discount

Path: - Spro Tr Code OBYK

Img

Financial Accounting

Bank Accounting

Business Transactions

Bills of Exchange Transactions

Bills of Exchange Receivable

Present Bills of Exchange Receivable at Bank

Define Bank Sub Accounts

Go to New Entries

Give Chart of Accounts 6789

Give Bank G.L Account Number 200200

Give Usage Discounting

Give Special G.L Indicator “W”

Give Customer Reconciliation Account Sundry Debtor Account 200206

Give Bank Sub Account for Liable H.D.F.C Bank Bill Discount Account 100407 Save

Sales Invoice Posting

Give Document Date

Give Company Code 6789

Give Currency INR

Give Posting Key 01

Give Customer Account Number 600401 Enter

Give Amount 100000

Give Business Area SACC

Give Text Sales Invoice

Give Posting Key 50

Give Sales Account Enter

Give Amount * Business Area SACC Text + Save

Bills of Exchange Receipt Tr Code F-36

Path: - Accounting

Financial Accounting

Accounts Receivable

Document Entry

Bills of Exchange

F-36 Payment

Give Document Date

Give Customer Account No. 600401

Give Special G.L Indicator “W” Enter

Give Amount 100000

Give Business Area SACC

Give Due One Month

Select Process Open Item

Again Process Open Item

Keep Relevant Items in Blue Save

Bank Bill Discounting Tr Code F-33

Path: - Accounting

Financial Accounting

Accounts Receivable

Document Entry

Bills of Exchange

F-33 Discounting

Give Doc Date

Usage Discounting

Give Value Date

Give Bank G.L Account No. 200200

Give Business Area SACC

Give Amount 95000

Give Bank Charges 5000

Give Text Discounting

Select Select Bills of Exchange on Application Bar

Click Blue Line Item Give Document No. 7001

Give Fiscal Year 2005

Give Text Discounting Charges Save

Reverse Contingent Liability Tr Code F-20

Path: - Accounting

Financial Accounting

Accounts Receivable

Document Entry

Bills of Exchange

F-20 Reverse Contingent Liability

Give Document Date

Give Sundry Debtors Bills Exchange Account 200207

Give Usage Discounting Give Due Date Save

BILLS OF EXCHANGE

Bills of Exchange are Two Types

1. Bills Receivable

2. Bills Payable

Bills are Created Under Negotiable Instrument Act. And it can be endorsed to any body and can be discounted with Bank.

The Customer according to the Negotiable Instrument Act should sign sales Invoice Generated. Then it is called as Payable/Receivable.

Bills of Exchange called contingent Liability and it is to be shown in noted forming parts of Balance Sheet.

Creation of G.L Accounts

1. Sundry Debtors Bills of Exchange Account (Same as Sundry Debtor Account)

2. H.D.F.C Bank Bill Discount Account (Liabilities)

3. Bank Bill Discount Expenses Account (Other Expenses)

Sundry Debtors Bills of Exchange Account

Give G.L Account No. 200207

Give Company Code 6789

Select With Template

Give Sundry Debtor G.L Account No. 200206

Give Company Code 6789

Change Text Sundry Debtor Bills of Exchange Account Save

H.D.F.C Bank Bill Discount Account

Give G.L Account No. 100407

Give Company Code 6789

Give G.L Account Group Current Liabilities

Select Control Data Tab

Give Country Currency INR

Select Only Balances in Local Currencies

Select Open Item Management

Select Line Item Display

Give Sort Key 031 (Customer Number)

Select Create Bank Interest Data Tab

Give Field Status Group G005

Select Post Automatically Check Box

Select Relevant Cash Flow Save

Bank Bill Discount Expenses Account

Give G.L Account No. 400003

Give Company Code 6789

Give G.L Account Group Other Expenses

Select Control Data Tab

Give Country Currency INR

Select Only Balances in Local Currencies

Select Line Item Display

Give Sort Key 031 (Customer Number)

Select Create Bank Interest Data Tab Give Field Status Group G001 Save

Link Between Reconciliation Account & Special G.L Account Tr Code OBYN

Path: - Spro

Img

Financial Accounting

Bank Accounting

Business Transactions

Bills of Exchange Transactions

Bills of Exchange Receivable

Post Bills of Exchange Receivable

Define Alternative Reconciliation Account For Bills of Exchange Receivable

Double Click on Special G.L Indicator “W”

Give Chart of Accounts 6789 Enter

Give Reconciliation Account Sundry Debtor 200206

Give Special G.L Account Sundry Debtor Bills of Exchange Account 200207 Save

Define Account for Bills of Exchange Transactions Tr Code OBYH

Path: - Spro

Img

Financial Accounting

Bank Accounting

Business Transactions

Bills of Exchange Transactions

Bills of Exchange Receivable

Post Bills of Exchange Receivable

Define Accounts For Bills of Exchange Transactions

Double Click on Bank Discount Charges

Give Chart of Accounts 6789

Give Bank Bill Discount Charges Account 400003

Link Between Bank Account Reconciliation Account & H.D.F.CBank Bill Discount

Path: - Spro Tr Code OBYK

Img

Financial Accounting

Bank Accounting

Business Transactions

Bills of Exchange Transactions

Bills of Exchange Receivable

Present Bills of Exchange Receivable at Bank

Define Bank Sub Accounts

Go to New Entries

Give Chart of Accounts 6789

Give Bank G.L Account Number 200200

Give Usage Discounting

Give Special G.L Indicator “W”

Give Customer Reconciliation Account Sundry Debtor Account 200206

Give Bank Sub Account for Liable H.D.F.C Bank Bill Discount Account 100407 Save

Sales Invoice Posting

Give Document Date

Give Company Code 6789

Give Currency INR

Give Posting Key 01

Give Customer Account Number 600401 Enter

Give Amount 100000

Give Business Area SACC

Give Text Sales Invoice

Give Posting Key 50

Give Sales Account Enter

Give Amount * Business Area SACC Text + Save

Bills of Exchange Receipt Tr Code F-36

Path: - Accounting

Financial Accounting

Accounts Receivable

Document Entry

Bills of Exchange

F-36 Payment

Give Document Date

Give Customer Account No. 600401

Give Special G.L Indicator “W” Enter

Give Amount 100000

Give Business Area SACC

Give Due One Month

Select Process Open Item

Again Process Open Item

Keep Relevant Items in Blue Save

Bank Bill Discounting Tr Code F-33

Path: - Accounting

Financial Accounting

Accounts Receivable

Document Entry

Bills of Exchange

F-33 Discounting

Give Doc Date

Usage Discounting

Give Value Date

Give Bank G.L Account No. 200200

Give Business Area SACC

Give Amount 95000

Give Bank Charges 5000

Give Text Discounting

Select Select Bills of Exchange on Application Bar

Click Blue Line Item Give Document No. 7001

Give Fiscal Year 2005

Give Text Discounting Charges Save

Reverse Contingent Liability Tr Code F-20

Path: - Accounting

Financial Accounting

Accounts Receivable

Document Entry

Bills of Exchange

F-20 Reverse Contingent Liability

Give Document Date

Give Sundry Debtors Bills Exchange Account 200207

Give Usage Discounting Give Due Date Save

Regards

Muralidhar

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