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How to Create, Display & Change House Bank in SAP?

What is House bank on SAP?

The House bank is a branch of the bank in which your company has an account. You can process all bank-related transactions through house banks. It is also the first step for configuring your Account Payable Modules.

Each company code can have multiple house banks where each of the house banks is represented by a bank ID.

Characteristic of House bank

  • House banks are assigned to the company code. Each house bank ID is unique within that company code
  • A single company code has multiple house banks.
  • Each house bank in sap is associated with a country key representing the country where that bank is located.
  • House banks have more than one bank account ID and the account ID is unique for that bank ID and company code.

How to Create a House Bank in SAP?

Please follow the steps below to create a new house bank:

Enter t-codeFI12_HBANK  in SAP command Field and press Enter to execute it

t-code f12_hbank

OR in the SAP Menu, navigate to:

Accounting -> Financial Accounting -> Banks -> Master Data -> House Banks -> Manage House bank

SAP navigation menu for House bank

On the next screen, enter Company Code and press Enter to proceed.

Add company code

Next on Change View "House Banks": Overview screen, click on New Entries button.

New Enteries

Now enter the following details on the next screen:

  • House Bank: Unique Name for your House bank
  • Bank Country: Country of the bank
  • Bank Key: Unique key of the bank
  • Telephone 1: Phone number
  • Contact Person: Details of the contact person
  • Tax Number 1: Unique tax number

Add house bank details

Note: In the Bank Key field, you should enter the bank number and for foreign banks, you should enter the SWIFT code.

Now click on the Save icon or press Cntrl+S to save all the data.

Save House bank

Next, you will be asked to enter your Customizing Request code, enter it and click on the green tick mark to continue

customizing request

All your data for new newly created House bank have been saved

data saved

How to Display a House Bank?

Please follow the steps below to display the hose bank:

Enter t-code FI13_HBANK  in the SAP command field and press Enter to execute it

T-code f13_hbank

Or, in the SAP Menu, navigate to

Accounting -> Financial Accounting -> Banks -> Master Data -> House Banks -> Display House bank

navigation menu to display house bank

On the next screen enter the Company Code and press Enter to proceed.

Company Code

Now in Change View "House Banks": Overview screen, all the details of the House bank will be displayed

House bank displayed

You can expand the Address, EDI partner profiles, and Data medium exchange tabs to see more information about the House bank.

House bank displayed Address

How to Change a House Bank?

Please follow the steps below to display the house bank:

Enter t-code FI12_HBANK  in the SAP command field and press Enter to execute it

Change house bank

Or, in the SAP Menu, navigate to:

Accounting -> Financial Accounting -> Banks -> Master Data -> House Banks -> Display House bank

Navigation menu to change house bank

On the next screen enter a Company Code and or press Enter to continue.

Enter company code

Now on the Change View "House Banks": Overview screen, you can make any changes to the House bank according to your requirement.

 

After making the changes click on the Save icon or press Cntrl+S to save the changes

 


Comments

  • 25 Dec 2008 7:46 pm Guest Helpful Answer
    You would typically create one "House Bank" per Bank's routing number. So, if your company (read Company code) does business with a bank and have 5 account numbers with them, but they all have the same routing numbers, then just create one House Bank for that Company Code.
     
    Next, you can create multiple Account IDs within that one House Bank. Typically, you would create an Acct ID for every account number issued by the bank.
     
    You may also create multiple Account IDs for the same account number. Just use the bank issued account number over and over. You would do this if you want to attach each Account ID with a different G/L account. For example, your operational account receives cash deposits from customers and you issue payments to suppliers from the same account. Yet, you want to separate deposits and payments. Then, create two Account IDs say RECPT and PYMNT and set them up with the same House Bank and Bank account but different G/L account.
     
    Hope this helps
  • 19 Nov 2008 7:28 am Guest

    How can i do?

    I use FI01 to creat first, there are 5 a/c under one same bank,eg. BOC

    Then can i create the 5 a/c under one house bank? or just creat them for five seperate house bank?

    When i finished FI01 ( i creat 5 a/c under one same house bank), and jump to FI12 to figure it, however there is just one bank appared, 001 only.....

    Any steps missed?

  • 03 Jan 2009 12:23 am Guest
    We got one bank and one bank account but have many routing numbers per payment method like ACH, Wires and Checks have different routing numbers at bank.

    Do we set up three house bank in this case or there are other options in SAP?
  • 04 Jan 2009 2:02 pm Guest
    i am referering to the answer on Dec 25th which says, create different acct id's.

    No. you do not create different account id's just to route it to different gl account. follow the complete banking solution of sap.

    to answer the post on Jan 3rd - the key to the bank key is "how does your bank make payments. does it use swift code, does it use routing number or what is the method" there is no one straight answer. circumstances dictate the number of house banks.

    cheers
  • 05 Nov 2009 7:26 am Guest
    Thanks for the clarification!! however, can you please explain me more regarding this with an example..."it use swift code, it use routing number or what is the method" there is no one straight answer. circumstances dictate the number of house banks"
  • 21 Jun 2018 9:14 am rekha

    House bank is used to maintain the bank transactions in SAP system . It is represent the bank which is company using, ex : SBI. SBH All check and bank related information we are maintain in house bank so it is help to know the bank balance and used for bank statements.

  • 21 Jun 2018 9:15 am dharamveersingh

    Different bank will have different check no. and branch no. in the check book if you create check lot one branch can give you lot of check books this will be confuse and there are lot of reason for this to create it.