I_BankAccountTypeVH

Manage Powers of Attorney for Banking Transactions

Business Role: Cash Manager

With is feature, you can represent and manage the powers of attorney for banking transactions for your company codes. A power of attorney for banking transactions represents the legal power of attorney that a company has granted to one or more persons to carry out banking transactions on behalf of the company. In the power of attorney, you assign the principals, the authorized representatives, the bank accounts, and the permitted activities.

Manage Bank Account Reviews

Business Role: Cash Management Specialist

With this app, you can initiate, monitor, and control your (periodic) bank account reviews to ensure the correctness and completeness of bank account master data. You split the review of the bank accounts for a specific reference date into different review areas tailored to the responsible reviewers. For each review area, you take a snapshot of the bank account master data to be reviewed. This snapshot of bank account data is stored in the app and used during the review. When you start the review for a review area in this app, a workflow assists reviewers in conducting the bank account review for the review area. The reviewers perform the check in their My Inbox - All Items app, but you can monitor the progress of bank account review for the review areas in the Manage Bank Account Reviews app to ensure timely completion and troubleshooting during the review process. When the bank account review is complete, you can set the bank account review to Completed. For more information, see also Advanced Bank Account Review Process.

Key Features: Creation of bank account reviews and the review areas you require. In the review areas, you define the bank account selections and assign the reviewers. For more information, see also Initiate Bank Account Review. Copy bank account reviews Instead of creating a bank account review from scratch, you can also create a bank account review by copying an existing bank account review. The data of the existing bank account review, such as the review areas including the bank account selections and reviewers, are copied. In this way, you only need to enter the header data of the review, such as the review ID, the review description, and the reference date. When the bank account review is created, you can make any necessary changes to the copied data of the bank account review and the review areas. Take a snapshot of the bank account master data to be reviewed for a review area. The snapshot can be deleted all the while the review hasn't been started. Note The snapshot is stored and displayed on the Bank Account Snapshot tab of the review area in the Manage Bank Account Reviews app. When the review is started, the snapshot data is also available in the workflow task of the reviewers in the My Inbox - All Items app (F0862). When the bank account review is completed, the reviewed data is still available, for example, for external auditors. Start and monitor the reviews of the review areas. Note It is possible to stop the review as long as the first reviewer has not yet approved or rejected the bank account data in the My Inbox - All Items app. Set the bank account reviews to Completed when all bank accounts have successfully passed the review process. In this case, the correctness and completeness of the bank account master data is confirmed and the review is completed. Note If reviewers find errors in the master data, they must reject the snapshot data during the review. The review process is stopped, and the review area fails the review. In this case, the errors in the master data need to be corrected. Afterwards, within the bank account review, a new review area is created for these bank accounts, a new snapshot of the corrected bank account master data is taken, and the review process is started again. Overview table of existing bank account reviews SAP delivers a default workflow for the workflow scenario WS48000097 for execution of bank account reviews. The default workflow allows up to five reviewers to be assigned to each review area. The Manage Bank Account Reviews app is updated automatically with the review results, and the Workflow tab in the app allows the initiator to navigate to the status information of the workflow task. The change document object FCLM_BAR is used to log changes to the reviewers in the bank account review areas. The data destruction object allows you to destroy the data of completed bank account reviews after the retention period.