House Bank

April 9, 2009 by mySAP
Filed under: Bank Accounting Configuration

The Bank Directory contains complete SAP details about each House Bank.

A House Bank is any banking institution with which the organization conducts business. The House Bank contains the company’s funds.

House Banks for each Company Code are created using a user-defined five character code.

For each House Bank, the Bank Country must be identified in which the bank is located, as well as a unique Bank Key.

The Bank Key is a unique country-specific code. The system uses the combination of Country Code and Bank Key to identify the House Bank.

Each House Bank can have multiple SAP Bank Accounts created within it, each identified by a unique code containing up to 18 characters.

Note: The length of both the Bank Key and the Bank Account numbers is a country specific configuration.

Related SAP Topics:

Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!