Bank Charges Automatic Postings Configuration – OBXK

Bank Charges Automatic Postings Configuration – OBXK.

Explanation: By default, SAP does not allow posting of bank charges. To enable this functionality, you need to configure automatic postings for bank charges using transaction code OBXK. In this blog, we walk you through the configuration steps for setting up automatic postings of bank charges in SAP.

Accounting entry with Bank charges

Vendor Account (Dr) 1,000 Bank Charges Expense Account (Dr) 20 To Bank Account (Cr) 1,020

SPRO Path -> SAP Reference IMG -> Financial Accounting -> Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Outgoing Payments Global Settings -> Define Accounts for Bank Charges (Vendors) – Click on Execute.

or Got to T code: OBXK

Double click on Transaction key “BSP” to assign GL Account for automatic postings.

Give chart of accounts and click on continue button.

Give Bank Charges GL Account and click on save button.

Customizing request popup will come, select your request and click on continue.

Other contents you may like:

• How to Create Discount Received Configuration (T code: OBXU) in SAP: Click here
• How to Post Vendor Invoice (FB60) in SAP: Click here
• How to check the Vendor open items in SAP: Click here
• How to check Vendor account balance in SAP: Click here
• How to make Manual Vendor Payment in SAP: Click here
• How to Create Discount Granted Configuration (T code: OBXI) in SAP: Click here

SAP FICO Configuration topics:

• SAP Finance Enterprise structure: Click here
• SAP Finance GL Accounting: Click here
• SAP Finance Accounts Payable: Click here
• SAP Finance Accounts Receivable: Click here
• SAP Finance Bank Accounting: Click here
• SAP Finance New Asset Accounting: Click here
• How to Create a Controlling area in SAP: Click here
• SAP Controlling – Cost Element Accounting: Click here
• SAP Controlling – Cost Center Accounting: Click here

Explained: Bank Charges Automatic Postings Configuration – OBXK.