Hi Experts,
I have question while setting up a new EBS in SAP for a new bank account.
My company code currency is in AUD. So far, we are using 3 GL accounts for this in ANZ AUD Bank account.
10000 - Main Bank GL (AUD Only)
10020 - EFT clearing account (AUD but it accepts to post all currencies)
10030 - Deposit clearing account (AUD but it accepts to all currencies)
So, the requirement now is to create a New EB setup for ANZ USD bank account. I am confused here to choose the GL accounts.
Since my client is in retail business and they make foreign PAYMENTS ONLY (they were using manual postings so far)
Now, I just need two GL accounts here
one is for main bank account and another is for clearing account
Assume, if main bank GL (10001) is in USD, how would we then go about revaluing the AUD balance in that account to match the month end exchange rate?
If clearing Bank GL (10101) is in USD # That way it is easier to track those payments and reconcile the transactions. Later when we prepare the EFT payment generation file, we can have those payments booked to the same clearing account 10001, so all the USD transactions will be in the same place. Is this correct ?
Can anyone help me with this ? Since the same bank account, Is it okay to use same posting rules ?
Thanks for your help.